5 months on rocket

20401 Elk Lake Rd NW, Elk River, MN, 55330

$449,900

Home List Price

$5,343*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,116 SqFt
$403/SqFt
House

Location

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20401 Elk Lake Rd NW, Elk River$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage2 spaces
Year Built1965
HeatingBaseboard
CoolingWall Unit(s)
BasementYes
MLS #6549499
StatusActive

About 20401 Elk Lake Rd NW

Looking for a fixer upper on some wonderful hard to find 7+ acres in Elk River? THIS IS IT! This property is less than half a mile from the Elk River Country Club and backs up to to Woodland Trails Regional Park featuring hiking, biking, skiing, an archery range and so much more! This home would make a great fixer upper or tear down and build your dream home. There are 3 bedrooms on the main level, a breezeway to the 2 car garage, a long asphalt driveway with a full loop for easy navigating.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 1,116 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

Lot Features

Lot Information:

  • Lot: Farm, Some Trees

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: From Highway 10 go N on County Rd 1, home will be on right after the golf course.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $403/SqFt

Tax Information:

  • Annual Amount: $2,340
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elk River, MN.

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Elk River, MN

City

Med. Sold Price

$402.8K

Med. Price/SqFt

$190

Avg. Days On Market

37

# of Sold Homes

57

20401 Elk Lake Rd NW vs Elk River

167 DAYS ON ROCKET

+130 Days

$449,900

+$47K More

$403/SqFt

+$212 More

KEY TAKEAWAY

This property is $47K more than the Median Sold Price and $212/SqFt more than other homes in Elk River, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6549499

Listing Office:

  • Office Name: Realty Group LLC

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Last updated on: 11/21/2024, 12:22:49 PM 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$2,340$197,700
2018$1,938$152,894
2017$1,874$142,866

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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.

Nearby Schools

school-card-donut-285449
8
/10

  • Meadowvale Elementary School

  • 12701 Elk Lake Rd NW

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-285450
6
/10

  • Lincoln Elementary School

  • 600 School St NW

  • 2.66 miles

  • Public District Grades KG-5

school-card-donut-285451
8
/10

  • Parker Elementary School

  • 500 School St NW

  • 2.79 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,938. The majority of Elk River, MN residents have income between $100k-200k annually. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20401 Elk Lake Rd NW

What is the listing price of this property?

The listing price of 20401 Elk Lake Rd NW property is $449,900.

What type of property is this?

The property 20401 Elk Lake Rd NW is a house located in Elk River, Minnesota, 55330.

Is this property for sale now?

Active Listing: 20401 Elk Lake Rd NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,340 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 20401 Elk Lake Rd NW has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 20401 Elk Lake Rd NW is 1,116 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20401 Elk Lake Rd NW is 1965.

Rocket Homes›Minnesota›Sherburne County›Elk River›55330›20401 Elk Lake Rd NW

This home is located at 20401 Elk Lake Rd NW in Elk River, MN and zip code 55330. This 1,116 square foot home was built in 1965. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $449,900.

Elk River, MN housing market in October 2024 saw over 14 listings sold above listed price, more than 21 sold at listed price and over 22 sold below. The inventory of homes for sale in Elk River, MN between September 2024 and October 2024 increased by 14.5%. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $402,875.

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

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