Mike Hahm and Amy Brendmoen acquire 7831 50th St. N., Lake Elmo, appraised at $975,000

The home at 7831 50th St. N., Lake Elmo, was sold on June 12 by Linda E. Ott for $975,000.

Mike Hahm and Amy Brendmoen were listed as the buyers.

Property taxes on the home totaled $8,161 in 2025, or 0.8% of the sale price.

This property is one of eight sales in Lake Elmo, Washington County, between May 12 and June 12.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.