This new single-story home is ideal for entertaining, with an open design among a Great Room with a cozy fireplace, a dining room for meals of all sizes and a kitchen for cooking feasts. A versatile study provides endless possibilities, while the luxe owner's suite is a restful haven in the back of the home.
Sold for $449,993
Street View
$449,993
1481 Palmer Dr N, Lake Elmo, MN 55042
2beds
3,240sqft
Single Family Residence
Built in 2024
-- sqft lot
$453,500 Zestimate®
$139/sqft
$4,563 Estimated rent
Home value
$453,500
$422,000 - $490,000
$4,563/mo
Zestimate® history
Owner options
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$4,563/mo
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$4,563/mo
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$2,832/mo
Est. payment
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$2,832/mo
Est. payment
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Listing updated:
Source: Lennar Homes
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 3,240 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: 1.0
- Stories: 1
Details
- Parcel number: 2502921310046
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Details
- Builder name: Lennar
Community & HOA
Community
- Subdivision: Royal Club : The Fairway Enclave Villa Collection
Location
- Region: Lake Elmo
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $824,300
- Annual tax amount: $8,500
- Date on market: 11/16/2023
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Sold | $449,993-43.8%$139/sqft |
Source: Public Record Report a problem | ||
| 1/7/2024 | Listing removed | $799,990$247/sqft |
Source:  Lennar Homes Report a problem | ||
| 12/9/2023 | Price change | $799,990-0.4%$247/sqft |
Source: Lennar Homes Report a problem | ||
| 12/2/2023 | Price change | $802,990+0.4%$248/sqft |
Source: Lennar Homes Report a problem | ||
| 11/21/2023 | Price change | $799,990-10.2%$247/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6460618 Report a problem | ||
| 11/15/2023 | Price change | $890,685+15.7%$275/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6460618 Report a problem | ||
| 10/31/2023 | Price change | $769,990-3.8%$238/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 10/24/2023 | Price change | $799,990-3.6%$247/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 10/11/2023 | Price change | $829,990-0.8%$256/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 10/3/2023 | Price change | $836,990-0.4%$258/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 9/12/2023 | Price change | $839,990-1.2%$259/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 8/14/2023 | Price change | $849,990-4.2%$262/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 6/4/2023 | Price change | $887,115+0.2%$274/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 5/26/2023 | Listed for sale | $885,115$273/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377813 Report a problem | ||
| 5/13/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6341499 Report a problem | ||
| 5/7/2023 | Listed for sale | $885,115+33.4%$273/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6341499 Report a problem | ||
| 5/1/2023 | Sold | $663,612-27.6%$205/sqft |
Source: Public Record Report a problem | ||
| 3/11/2023 | Listed for sale | $916,175+141.1%$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6341499 Report a problem | ||
| 12/3/2019 | Sold | $380,000$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,500 +116.4% | $824,300 +85.7% |
| 2024 | $3,928 +21.8% | $443,900 +43.1% |
| 2023 | $3,224 +2049.3% | $310,300 +2485.8% |
| 2022 | $150 | $12,000 |
Find assessor info on the county website
Neighborhood: 55042
Nearby homes
- $900,0003 bd3 ba3.3k sqft1471 Palmer Dr N, Lake Elmo, MN 55042For Sale
- $960,0005 bd6 ba5.2k sqft1476 Palmer Dr N, Lake Elmo, MN 55042Sold
- $906,2002 bd3 ba3.4k sqft11405 Kings Ct N, Lake Elmo, MN 55042Off Market
- $1,599,0004 bd4 ba5.3k sqft1461 Palmer Dr N, Lake Elmo, MN 55042For Sale
- $1,349,9905 bd5 ba5.4k sqft1451 Palmer Dr N, Lake Elmo, MN 55042Sold
- $772,4953 bd3 ba3k sqft11421 Kings Ct N, Lake Elmo, MN 55042Sold
- $955,9003 bd3 ba3.3k sqft1533 Palmer Dr N, Lake Elmo, MN 55042Off Market
- $689,9903 bd3 ba3.3k sqft11403 Kings Ct N, Lake Elmo, MN 55042Sold
Nearby schools
GreatSchools rating
- 7/10Lake Elmo Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 7/10Oak-Land Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Stillwater Area High SchoolGrades: 9-12Distance: 4.3 mi
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Estimated market value
$453,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$453,500
- Minnesota
- Washington County
- Lake Elmo
- 55042
- 1481 Palmer Dr N
Nearby cities
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