4550 Lilac Ln N Lake Elmo, MN 55042
3
Beds
2.5
Baths
2,203
Sq Ft
0.72
Acres
Highlights
- 2 Fireplaces
- Walk-In Pantry
- Walk-In Closet
- Stillwater Middle School Rated A-
- 2 Car Attached Garage
- Living Room
About This Home
As of December 2024Welcome to this stunning custom-built home in Lake Elmo, offering unparalleled privacy and breathtaking views. Nestled on a serene lot that backs up to protected government land, this 3-bedroom, 3-bathroom gem spans 2,412 square feet of thoughtfully designed living space. The open, spacious floor plan seamlessly blends comfort and style. The basement is ready to be finished, providing an excellent opportunity to add equity to this already exceptional home. A rare find that combines seclusion with modern living—this home is a must-see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,886
Year Built
- Built in 1998
Lot Details
- 0.72 Acre Lot
HOA Fees
- $100 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,203 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Entrance Foyer
- Family Room
- Living Room
- Basement Fills Entire Space Under The House
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Well
- Shared Septic
- Septic System
Community Details
- Field Of Saint Croix Fieldsofstcroix@Gmail.Com Association
- The Fields Of St Croix Subdivision
Listing and Financial Details
- Assessor Parcel Number 1202921140024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Dec 3, 2024
Sold by
Anderson Richard C
Bought by
Arend Kelle and Arend Stephen
Seller's Agent
Caleb Carlson
Real Broker, LLC
Buyer's Agent
Tracy Baglio
Keller Williams Premier Realty
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Total Days on Market
76
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,852
Avg. Annual Appreciation
15.19%
Original Mortgage
$498,750
Outstanding Balance
$496,946
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$85,974
Purchase Details
Closed on
Nov 4, 1997
Sold by
Robert Engtrom Companies
Bought by
Anderson Richard and Anderson Gbigitte
Similar Homes in Lake Elmo, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | Title Group | |
| Warranty Deed | $525,000 | Title Group | |
| Warranty Deed | $64,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,750 | New Conventional | |
| Closed | $498,750 | New Conventional | |
| Previous Owner | $374,400 | New Conventional | |
| Previous Owner | $384,000 | New Conventional | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $90,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | Sold | $525,000 | -8.7% | $238 / Sq Ft |
| 10/25/2024 10/25/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | Price Changed | $575,000 | 0.0% | $261 / Sq Ft |
| 09/04/2024 09/04/24 | For Sale | $575,000 | -4.2% | $261 / Sq Ft |
| 08/14/2024 08/14/24 | Off Market | $599,900 | -- | -- |
| 08/09/2024 08/09/24 | For Sale | $599,900 | -- | $272 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,478 | $666,200 | $272,100 | $394,100 |
| 2023 | $6,840 | $637,000 | $252,100 | $384,900 |
| 2022 | $5,226 | $607,400 | $241,100 | $366,300 |
| 2021 | $4,686 | $504,000 | $200,000 | $304,000 |
| 2020 | $4,656 | $503,800 | $196,500 | $307,300 |
| 2019 | $4,632 | $502,500 | $190,000 | $312,500 |
| 2018 | $4,558 | $470,700 | $190,000 | $280,700 |
| 2017 | $4,390 | $468,200 | $190,000 | $278,200 |
| 2016 | $4,252 | $464,800 | $188,000 | $276,800 |
| 2015 | $4,198 | $424,200 | $164,800 | $259,400 |
| 2013 | -- | $379,000 | $132,800 | $246,200 |
Source: Public Records
Agents Affiliated with this Home
-
Caleb Carlson
Seller's Agent in 2024
Caleb Carlson
Real Broker, LLC
(701) 520-8569
1 in this area
447 Total Sales
-
Tracy Baglio
Buyer's Agent in 2024
Tracy Baglio
Keller Williams Premier Realty
(651) 246-1039
4 in this area
68 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6580664
APN: 12-029-21-14-0024
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