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1313 Palmer Dr

Lake Elmo, MN 55042

4 bd 3 ba 4,331 sqft Built 2021 Lot 16,117 sqft single_family
Most recent sale
$1,352,350
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $1,352,350 MLS #6025989
Feb 27, 2022 Relisted $1,352,350 MLS #6025989
Jul 15, 2021 Listed $1,352,350 MLS #6025989
Jun 10, 2021 Listing removed $1,352,350 NorthstarMLS
Feb 13, 2021 Listing removed $1,169,000 NorthstarMLS
Dec 9, 2020 Listed $1,229,950 MLS #5692383
Oct 11, 2019 Listing removed $1,174,000 NorthstarMLS
Apr 17, 2019 Listed $1,174,000 MLS #5215849
Apr 10, 2019 Listing removed $1,174,000 NorthstarMLS
Jan 11, 2019 Listed $1,174,000 MLS #5132015

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,024,400 $327,100 $1,351,500 $14,572
2024 $1,014,600 $287,100 $1,301,700 $12,996
2023 $689,300 $310,300 $999,600 $9,504
2022 $257,500 $257,500 $3,210
2021 $227,500 $227,500 $2,542
2020 $227,500 $227,500 $2,556
2019 $230,000 $230,000 $124

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
4,331 sqft
Lot size
16,117 sqft
ZIP code
55042
City
Lake Elmo
Street
Palmer Dr
Coordinates
44.96831, -92.87087

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,497
Gross rental yield
5.77%
Implied cap rate
3.75%
Trend-extrapolated value

Frequently asked questions

When did 1313 Palmer Dr last sell?
1313 Palmer Dr most recently sold on Jul 8, 2022 for $1,352,350.
What is the current tax assessment for 1313 Palmer Dr?
The most recent total assessment for 1313 Palmer Dr (year 2025) is $1,351,500 with $14,572 in property tax.
How does 1313 Palmer Dr's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $1,352,350.
When was 1313 Palmer Dr built?
1313 Palmer Dr was built in 2021.
How does 1313 Palmer Dr compare to others on Palmer Dr?
We track 8 other properties on Palmer Dr. Browse the list under "Other properties on Palmer Dr" to compare beds, baths, and sale history.
What are the property facts for 1313 Palmer Dr?
1313 Palmer Dr is a 4 bed, 3 bath, 4,331 sqft, 16,117 sqft lot single_family.
Is 1313 Palmer Dr a flip candidate?
No — 1313 Palmer Dr does not appear in our flips dataset.
Is 1313 Palmer Dr a tax-appeal candidate?
No — 1313 Palmer Dr 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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