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1549 Palmer Dr

Lake Elmo, MN 55042

3 bd 3 ba 3,448 sqft Built 2024 Lot 10,890 sqft single_family
Most recent sale
$1,282,212
Mar 25, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 28, 2024 Sold $962,750 NorthstarMLS
Mar 25, 2024 Sold $1,282,212 Public Record
Mar 20, 2024 Price changed $944,990 NorthstarMLS
Feb 10, 2024 Listed $955,370 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $310,000 $310,000 $2,978
2024 $287,100 $287,100 $3,070
2023 $310,300 $310,300 $3,224
2022 $12,100 $12,100 $150

Property facts

Year built
2024
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,448 sqft
Lot size
10,890 sqft
ZIP code
55042
City
Lake Elmo
Street
Palmer Dr
Coordinates
44.97138, -92.87744

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,172
Gross rental yield
4.84%
Implied cap rate
3.15%
Trend-extrapolated value

Frequently asked questions

When did 1549 Palmer Dr last sell?
1549 Palmer Dr most recently sold on Mar 25, 2024 for $1,282,212.
What is the current tax assessment for 1549 Palmer Dr?
The most recent total assessment for 1549 Palmer Dr (year 2025) is $310,000 with $2,978 in property tax.
How does 1549 Palmer Dr's assessment compare to its last sale price?
The current assessment is 75.8% below the last sale price of $1,282,212.
When was 1549 Palmer Dr built?
1549 Palmer Dr was built in 2024.
How does 1549 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 1549 Palmer Dr?
1549 Palmer Dr is a 3 bed, 3 bath, 3,448 sqft, 10,890 sqft lot single_family.
Is 1549 Palmer Dr a flip candidate?
No — 1549 Palmer Dr does not appear in our flips dataset.
Is 1549 Palmer Dr a tax-appeal candidate?
No — 1549 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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