Coming Soon

20871 Elk Lake Rd NW, Elk River, MN, 55330

$440,000

Home List Price

$5,225*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
988 SqFt
$445/SqFt
House

Location

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20871 Elk Lake Rd NW, Elk River$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Gravel, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking, Tuckunder Garage
Attached Garage6 spaces
Year Built2021
HeatingForced Air
CoolingCentral Air
MLS #6642017
Active DateJanuary 02, 2025
StatusComing Soon

About 20871 Elk Lake Rd NW

40x60 Pole Barn with 988sf residence in upper level and on 3.96 acres. Residence has 2 Bedrooms, 1 Full Bath, Laundry Room, open concept Kitchen, Dining and Living Room area plus a 12x20 deck with access from both bedrooms. Pole Barn main level includes: 20' eaves from garage doors back 32' then it drops to 11', highrise garage door openers, central floor drain, 1/2 bath, storage under stairs (to residence), approx 12' custom built bar, storage shelving, insulated, overhead heaters, concrete floor, 200AMP electric and basketball hoop! Potential for a business (current residence would work great for 2 offices with a break room/kitchen/conference room) with a future homesite or just keep as is. Seller had planned to build a 3-bedroom home on the property and it has been staked out on the hill. Please contact the city planner regarding rules/use requirements.

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Living Area: 988 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Gravel, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 10, North on Proctor which turns into Elk Lake Road -- follow to property on the right side of road

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000
  • Price Per SqFt: $445/SqFt

Tax Information:

  • Annual Amount: $1,550
  • 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

$404.7K

Med. Price/SqFt

$191

Avg. Days On Market

39

# of Sold Homes

44

20871 Elk Lake Rd NW vs Elk River

$440,000

+$35.3K More

$445/SqFt

+$253 More

KEY TAKEAWAY

This property is $35.3K more than the Median Sold Price and $253/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: #6642017

Listing Office:

  • Office Name: Keller Williams Classic Realty

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Last updated on: 12/21/2024, 10:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 07, 2020Home Sold
$120,000
Jul 11, 2017Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,550$82,400
2018$1,286$69,700
2017$504$31,357

History based on county public records data.

Payment Calculator

$2,264

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

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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-807387
8
/10

  • Meadowvale Elementary School

  • 12701 Elk Lake Rd NW

  • 2.09 miles

  • Public District Grades KG-5

school-card-donut-807388
6
/10

  • Lincoln Elementary School

  • 600 School St NW

  • 3.26 miles

  • Public District Grades KG-5

school-card-donut-807389
8
/10

  • Parker Elementary School

  • 500 School St NW

  • 3.37 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. Most Elk River, MN residents have annual incomes between $100k-200k. 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 20871 Elk Lake Rd NW

What is the listing price of this property?

The listing price of 20871 Elk Lake Rd NW property is $440,000.

What type of property is this?

The property 20871 Elk Lake Rd NW is a house located in Elk River, Minnesota, 55330.

Is this property for sale now?

Coming Soon: 20871 Elk Lake Rd NW is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,550 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 7, 2020 for $120,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20871 Elk Lake Rd NW has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 20871 Elk Lake Rd NW is 988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20871 Elk Lake Rd NW is 2021.

Rocket Homes›Minnesota›Sherburne County›Elk River›55330›20871 Elk Lake Rd NW

This home is located at 20871 Elk Lake Rd NW in Elk River, MN and zip code 55330. This 988 square foot home was built in 2021. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $440,000.

In November 2024, from all listings sold in Elk River, MN there were more than 15 sold above asking price, over 16 sold below and more than 13 were sold right at the asked price. The number of listings in Elk River, MN decreased by 1.8% between October 2024 and November 2024. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $404,700.

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

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