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4046 Swallowtail Ln

Lake Elmo, MN 55042

3 bd 3 ba 3,169 sqft Built 2024 Lot 6,098 sqft single_family
Most recent sale
$332,700
Oct 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2024 Sold $737,147 NorthstarMLS
Feb 26, 2024 Listed $737,147 NorthstarMLS
Oct 1, 2021 Sold $332,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $171,400 $171,400 $1,676
2024 $150,000 $150,000 $1,604
2023 $132,600 $132,600 $1,378
2022 $110,000 $110,000 $1,372
2021 $95,600 $95,600 $1,068
2020 $51,200 $51,200 $570
2019 $6,800 $6,800 $80

Property facts

Year built
2024
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,169 sqft
Lot size
6,098 sqft
ZIP code
55042
City
Lake Elmo
Street
Swallowtail Ln
Coordinates
45.00779, -92.87456

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,996
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4046 Swallowtail Ln last sell?
4046 Swallowtail Ln most recently sold on Oct 1, 2021 for $332,700.
What is the current tax assessment for 4046 Swallowtail Ln?
The most recent total assessment for 4046 Swallowtail Ln (year 2025) is $171,400 with $1,676 in property tax.
How does 4046 Swallowtail Ln's assessment compare to its last sale price?
The current assessment is 48.5% below the last sale price of $332,700.
When was 4046 Swallowtail Ln built?
4046 Swallowtail Ln was built in 2024.
How does 4046 Swallowtail Ln compare to others on Swallowtail Ln?
We track 7 other properties on Swallowtail Ln. Browse the list under "Other properties on Swallowtail Ln" to compare beds, baths, and sale history.
What are the property facts for 4046 Swallowtail Ln?
4046 Swallowtail Ln is a 3 bed, 3 bath, 3,169 sqft, 6,098 sqft lot single_family.
Is 4046 Swallowtail Ln a flip candidate?
No — 4046 Swallowtail Ln does not appear in our flips dataset.
Is 4046 Swallowtail Ln a tax-appeal candidate?
No — 4046 Swallowtail Ln 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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