3 months on rocket

1323 Palmer Dr N, Lake Elmo, MN, 55042

$2,099,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Partial Baths
5,247 SqFt
$400/SqFt
House
Schools Nearby

Location

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1323 Palmer Dr N, Lake Elmo$2,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage3 spaces
Year Built2022
HeatingForced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceBrick, Family Room, Gas, Living Room, Primary Bedroom, Stone
MLS #6474196
StatusActive

About 1323 Palmer Dr N

ELEVATOR! Welcome to this extraordinary 2022 Hartman Homes custom-built masterpiece, where luxury and elegance meet to create an unparalleled living experience. This exquisite property overlooks the 13th tee box on the prestigious Royal Golf Course, designed by golf legends Palmer & Sörenstam. The Royal community offers active lifestyle with pool, fitness and other club amenities. Like the course, the property offers a level of sophistication & style throughout the 5000 sq ft home. The primary bedroom is on main floor & the open floor plan ensures seamless interaction between living, dining, and kitchen areas; making it ideal for both intimate gatherings and grand entertaining. The kitchen boasts a butler's pantry, large island & high-end Wolf and Sub-Zero appliances. ELEVATOR connects all levels. In the lower level you’ll be greeted by large Theatre & sophisticated bar, along with two additional beds and baths. Located minutes from Woodbury & Lake Elmo, as well as Historic Stillwater!

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 5,247 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Brick, Family Room, Gas, Living Room, Primary Bedroom, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: On Golf Course, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Oak-Land Junior High School, Public District Grades 7-9
  • Stillwater Area High School, Public District Grades 10-12
  • Lake Elmo Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: 94E to Manning Ave N to Palmer Dr N. Home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,099,000
  • Price Per SqFt: $400/SqFt

HOA Fees:

  • Amount: $1196
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,542
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Elmo, MN.

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Lake Elmo, MN

City

Med. Sold Price

$680K

Med. Price/SqFt

$220

Avg. Days On Market

36

# of Sold Homes

13

1323 Palmer Dr N vs Lake Elmo

113 DAYS ON ROCKET

+77 Days

$2,099,000

+$1.4M More

$400/SqFt

+$179 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $179/SqFt more than other homes in Lake Elmo, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6474196

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 4/28/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,542$227,500
2019$2,556$230,000
2018 - $10,500

History based on county public records data.

Payment Calculator

$10.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,359

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1856906
6
/10

  • Lake Elmo Elementary

  • 11030 Stillwater Blvd N

  • 2.39 miles

  • Public District Grades KG-6

High School

school-card-donut-1856907
6
/10

  • Oak-Land Junior High School

  • 820 Manning Ave N

  • 0.62 miles

  • Public District Grades 7-9

school-card-donut-1856908
7
/10

  • Stillwater Area High School

  • 5701 Stillwater Blvd N

  • 4.30 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,286. The most common annual income of people living in Lake Elmo, MN is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1323 Palmer Dr N

What is the listing price of this property?

The listing price of 1323 Palmer Dr N property is $2,099,000.

What type of property is this?

The property 1323 Palmer Dr N is a house located in Lake Elmo, Minnesota, 55042.

Is this property for sale now?

Active Listing: 1323 Palmer Dr N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1323 Palmer Dr N are:
Lake Elmo Elementary: GreatSchools Rating 6/10
Oak-Land Junior High School: GreatSchools Rating 6/10
Stillwater Area High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,542 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1323 Palmer Dr N has 3 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1323 Palmer Dr N is 5,247 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1323 Palmer Dr N is 2022.

Rocket Homes›Minnesota›Washington County›Lake Elmo›55042›1323 Palmer Dr N

This home is located at 1323 Palmer Dr N in Lake Elmo, MN and zip code 55042. This 5,247 square foot home was built in 2022. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 05, 2024 and is currently priced at $2,099,000.

While more than 5 listings in Lake Elmo, MN in March 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Lake Elmo, MN between February 2024 and March 2024 increased by 18.2%. The median list price of listings available in March 2024 was $680,000, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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