1362 Palmer Dr
Lake Elmo, MN 55042
3 bd 2 ba 2,929 sqft Built 2021 Lot 15,246 sqft single_family
Most recent sale
$836,200
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 8, 2022 | Sold | $836,200 | Public Record |
| Apr 25, 2022 | Listed | $859,000 | MLS #6184224 |
| Jul 12, 2021 | Listed | $859,000 | MLS #6023460 |
| Jul 7, 2021 | Listing removed | $769,900 | NorthstarMLS |
| Apr 22, 2021 | Listing removed | $179,000 | NorthstarMLS |
| Feb 11, 2021 | Price changed | $769,900 | MLS #5610395 |
| Aug 25, 2020 | Price changed | $745,900 | MLS #5610395 |
| Jun 18, 2020 | Listed | $728,790 | MLS #5610395 |
| Jun 15, 2020 | Listing removed | $836,900 | NorthstarMLS |
| Dec 16, 2019 | Listed | $179,000 | MLS #5348652 |
| Jul 29, 2019 | Listed | $836,900 | MLS #5270221 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $582,400 | $315,000 | $897,400 | $9,342 |
| 2024 | $572,900 | $250,000 | $822,900 | $7,876 |
| 2023 | $662,600 | $274,100 | $936,700 | $8,850 |
| 2022 | $165,700 | $227,500 | $393,200 | $4,072 |
| 2021 | — | $227,500 | $227,500 | $2,542 |
| 2020 | — | $230,000 | $230,000 | $2,556 |
| 2019 | — | $10,600 | $10,600 | $126 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,929 sqft
Lot size
15,246 sqft
ZIP code
55042
City
Lake Elmo
Street
Palmer Dr
Coordinates
44.96828, -92.87390
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,394
Gross rental yield
6.31%
Implied cap rate
4.10%
Trend-extrapolated value
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Frequently asked questions
When did 1362 Palmer Dr last sell?
1362 Palmer Dr most recently sold on Aug 8, 2022 for $836,200.
What is the current tax assessment for 1362 Palmer Dr?
The most recent total assessment for 1362 Palmer Dr (year 2025) is $897,400 with $9,342 in property tax.
How does 1362 Palmer Dr's assessment compare to its last sale price?
The current assessment is 7.3% above the last sale price of $836,200.
When was 1362 Palmer Dr built?
1362 Palmer Dr was built in 2021.
How does 1362 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 1362 Palmer Dr?
1362 Palmer Dr is a 3 bed, 2 bath, 2,929 sqft, 15,246 sqft lot single_family.
Is 1362 Palmer Dr a flip candidate?
No — 1362 Palmer Dr does not appear in our flips dataset.
Is 1362 Palmer Dr a tax-appeal candidate?
No — 1362 Palmer Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palmer Dr