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3543 Elmo Rd

Minnetonka, MN 55305

4 bd 3 ba 2,744 sqft Built 1966 Lot 21,780 sqft single_family
Most recent sale
$539,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $539,000 MLS #6162144
Mar 9, 2022 Listed $480,000 MLS #6162144
Feb 11, 2016 Sold $284,900 MLS #4664165
Nov 30, 2015 Listed $284,900 MLS #4664165
Nov 25, 2015 Listing removed $299,900 NorthstarMLS
Nov 9, 2015 Price changed $299,900 MLS #4658233
Oct 30, 2015 Listed $309,900 MLS #4658233
Apr 18, 1990 Sold $139,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $297,000 $213,400 $510,400 $6,059
2023 $255,400 $213,400 $468,800 $5,486
2020 $366,387 $4,630
2019 $352,217 $4,369
2018 $334,995 $4,174
2017 $307,963 $4,113
2016 $299,134 $4,457
2015 $315,048 $4,385
2014 $302,731 $4,541
2013 $294,229 $4,300
2012 $293,466 $4,384
2011 $308,072 $4,181
2010 $170,700 $150,000 $320,700 $3,884
2009 $174,900 $150,000 $324,900 $3,651
2008 $178,300 $150,000 $328,300 $3,678
2007 $224,400 $101,000 $325,400 $3,559

Property facts

Year built
1966
Property type
single_family
Stories
4
Beds
4
Baths
3
Living area
2,744 sqft
Lot size
21,780 sqft
ZIP code
55305
City
Minnetonka
Street
Elmo Rd
Coordinates
44.93930, -93.42653

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
$4,116
Gross rental yield
9.16%
Implied cap rate
5.96%
Trend-extrapolated value

Frequently asked questions

When did 3543 Elmo Rd last sell?
3543 Elmo Rd most recently sold on Apr 14, 2022 for $539,000.
What is the current tax assessment for 3543 Elmo Rd?
The most recent total assessment for 3543 Elmo Rd (year 2024) is $510,400 with $6,059 in property tax.
How does 3543 Elmo Rd's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $539,000.
When was 3543 Elmo Rd built?
3543 Elmo Rd was built in 1966.
How does 3543 Elmo Rd compare to others on Elmo Rd?
We track 4 other properties on Elmo Rd. Browse the list under "Other properties on Elmo Rd" to compare beds, baths, and sale history.
What are the property facts for 3543 Elmo Rd?
3543 Elmo Rd is a 4 bed, 3 bath, 2,744 sqft, 21,780 sqft lot single_family.
Is 3543 Elmo Rd a flip candidate?
No — 3543 Elmo Rd does not appear in our flips dataset.
Is 3543 Elmo Rd a tax-appeal candidate?
No — 3543 Elmo Rd 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
+0.6%
Implied 1-yr
+2.6%
2026 Q3
$610.3K
2026 Q4
$614.1K
ZIP 55305 — Median Price History + Forecast

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