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  • $1,550,000

    1431 Palmer Dr N, Lake Elmo, MN 55042

    5beds
    6,523sqft
    Single Family
    Built in 2023
    0.44 Acres Lot
    $1,713,200 Zestimate®
    $238/sqft
    $6,876 Estimated rent

    Home value

    $1,713,200

    $1.56M - $1.88M

    $6,876/mo

    Zestimate® history
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    What's special

    Quick highway accessLake elmo park reserveAmazing screened porchIndoor sport courtGreat atmosphereFitness centerGreat shopping

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine A Maatz 952-373-0485,

    Lennar Sales Corp

    Bought with:

    Northstar Real Estate Associates

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6451059MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 2
    • 3/4 bathrooms: 3
    • 1/2 bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 342 Square Feet
    • Dimensions: 19x18
    Bedroom 2
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 3
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 4
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 5
    • Level: Lower
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Other
    • Level: Lower
    • Area: 588 Square Feet
    • Dimensions: 28x21
    Bonus room
    • Level: Upper
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Deck
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Dining room
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17x12
    Exercise room
    • Level: Lower
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Family room
    • Level: Main
    • Area: 304 Square Feet
    • Dimensions: 19x16
    Game room
    • Level: Lower
    • Area: 204 Square Feet
    • Dimensions: 17x12
    Kitchen
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17x16
    Recreation room
    • Level: Lower
    • Area: 522 Square Feet
    • Dimensions: 29x18
    Screened porch
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Study
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Heating
    • Forced Air, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Wine Cooler
    • Laundry: Gas Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
    Features
    • Basement: Drain Tiled,8 ft+ Pour,Egress Window(s),Finished,Other,Concrete,Sump Pump,Walk-Out Access
    • Number of fireplaces: 3
    • Fireplace features: Amusement Room, Family Room, Gas, Other, Stone
    Interior area
    • Total structure area: 6,523
    • Total interior livable area: 6,523 sqft
    • Finished area above ground: 3,974
    • Finished area below ground: 1,662

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Concrete, Garage Door Opener, Insulated Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Door Height (8)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Composite Decking, Deck, Front Porch, Rear Porch, Screened
    • Fencing: None
    Lot
    • Size: 0.44 Acres
    • Dimensions: 79 x 154 x 67 x 106 x 164
    • Features: Irregular Lot, On Golf Course, Sod Included in Price, Tree Coverage - Light
    Details
    • Foundation area: 2549
    • Parcel number: 2502921310051
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Concrete, Frame
    • Roof: Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched
    Condition
    • New construction: Yes
    • Year built: 2023
    Details
    • Builder name: LENNAR

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel Energy
    • Gas: Electric, Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Subdivision: Royal Club
    HOA
    • Has HOA: Yes
    • Services included: Other, Professional Mgmt, Recreation Facility, Shared Amenities
    • HOA fee: $392 quarterly
    • HOA name: Associa
    • HOA phone: 763-225-6400
    Location
    • Region: Lake Elmo

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $691,800
    • Annual tax amount: $6,974
    • Date on market: 10/21/2023
    • Cumulative days on market: 55 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/28/2024Sold$1,550,000-3.1%$238/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6451059 Report a problem
    12/14/2023Pending sale$1,599,990$245/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6451059 Report a problem
    12/9/2023Price change$1,599,990-0.2%$245/sqft
    Source: Lennar Homes Report a problem
    12/2/2023Price change$1,602,990+0.2%$246/sqft
    Source: Lennar Homes Report a problem
    11/15/2023Price change$1,599,990-3.1%$245/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6451059 Report a problem
    9/15/2023Price change$1,651,550-0.1%$253/sqft
    Source: Lennar Homes Report a problem
    5/6/2023Price change$1,652,970-0.4%$253/sqft
    Source: Lennar Homes Report a problem
    4/4/2023Price change$1,659,775-1.2%$254/sqft
    Source: Lennar Homes Report a problem
    3/31/2023Price change$1,679,775-1.8%$258/sqft
    Source: Lennar Homes Report a problem
    3/12/2023Listed for sale$1,709,775$262/sqft
    Source: Lennar Homes Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,974 +127.2%$691,800 +141%
    2024$3,070 -4.8%$287,100 -7.5%
    2023$3,224 +2049.3%$310,300 +2485.8%
    2022$150 $12,000
    Find assessor info on the county website

    Neighborhood: 55042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,713,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,713,200