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11765 Lower 31st St

Lake Elmo, MN 55042

3 bd 3 ba 2,376 sqft Built 2020 Lot 8,494 sqft single_family
Most recent sale
$555,000
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $555,000 MLS #6144041
Jan 20, 2022 Listed $535,000 MLS #6144041
Mar 22, 2021 Sold $571,212 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $397,300 $140,000 $537,300 $5,194
2024 $380,600 $140,000 $520,600 $5,062
2023 $361,900 $138,600 $500,500 $4,592
2022 $300,300 $115,000 $415,300 $4,300
2021 $50,500 $50,500 $620
2020 $50,500 $50,500 $512
2019 $46,100 $46,100 $126

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,376 sqft
Lot size
8,494 sqft
ZIP code
55042
City
Lake Elmo
Street
Lower 31st St
Coordinates
44.99404, -92.86808

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,564
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 11765 Lower 31st St last sell?
11765 Lower 31st St most recently sold on Mar 30, 2022 for $555,000.
What is the current tax assessment for 11765 Lower 31st St?
The most recent total assessment for 11765 Lower 31st St (year 2025) is $537,300 with $5,194 in property tax.
How does 11765 Lower 31st St's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $555,000.
When was 11765 Lower 31st St built?
11765 Lower 31st St was built in 2020.
How does 11765 Lower 31st St compare to others on Lower 31st St?
We track 8 other properties on Lower 31st St. Browse the list under "Other properties on Lower 31st St" to compare beds, baths, and sale history.
What are the property facts for 11765 Lower 31st St?
11765 Lower 31st St is a 3 bed, 3 bath, 2,376 sqft, 8,494 sqft lot single_family.
Is 11765 Lower 31st St a flip candidate?
No — 11765 Lower 31st St does not appear in our flips dataset.
Is 11765 Lower 31st St a tax-appeal candidate?
No — 11765 Lower 31st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast

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