1 month on rocket

Sale Pending

20975 Elk Lake Rd NW, Elk River, MN, 55330

$1,095,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,758 SqFt
$291/SqFt
House
Schools Nearby

Location

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20975 Elk Lake Rd NW, Elk River$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Detached, Asphalt, Heated Garage, Insulated Garage
Attached Garage10 spaces
Year Built2006
HeatingForced Air, Geothermal, Radiant Floor
CoolingCentral Air
BasementYes
WaterfrontPond
FireplaceGas
MLS #6501873
StatusSale Pending
(Active)

About 20975 Elk Lake Rd NW

Located on 10 acres, this gorgeous custom rambler/ranch-style home boasts an expansive footprint, surrounded by woods, offering exceptional privacy, and overlooking a peaceful pond with a fountain. The home makes a dramatic statement upon entry, featuring high ceilings, a fireplace in the living room, and a gourmet kitchen with granite countertops and wall ovens that overlook the property. The main floor includes a primary bedroom with a walk-in closet and a primary bath with a walk-in shower and jetted tub. Additionally, there is a second bedroom, a third bedroom/office, a laundry room, another full bath, and a mudroom. The lower level boasts a spacious family room, a billiards area with a full bar, and access to a patio with a firepit. Other features include a separate entrance from the garage to the lower level, a 3-car attached garage, and a 40x72 pole building. The home has been meticulously updated and maintained. Stay tuned for interior photos, coming this Thursday 3/21.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 3,758 SqFt

Listing Office:

  • Office Name: Engel & Volkers Lake Minnetonka

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Water Filtration System, Microwave, Refrigerator, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Pond

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Detached, Asphalt, Heated Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Many Trees, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Geothermal, Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Elk River High School, Public District Grades 9-12
  • VandenBerge Middle School, Public District Grades 6-8
  • Meadowvale Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take 169 North, Take the county Rd 33 exit Turn left onto 205th Ave NW Turn right to stay on 205th Ave NW Continue onto ranch Rd NW Turn left onto Elk lane Rd NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $291/SqFt

Tax Information:

  • Annual Amount: $8,882
  • 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

$398.1K

Med. Price/SqFt

$184

Avg. Days On Market

39

# of Sold Homes

49

20975 Elk Lake Rd NW vs Elk River

39 DAYS ON ROCKET

-0 Day

$1,095,000

+$696.8K More

$291/SqFt

+$106 More

KEY TAKEAWAY

This property is $696.8K more than the Median Sold Price and $106/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: #6501873

Listing Office:

  • Office Name: Engel & Volkers Lake Minnetonka

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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

Listing History

Aug 12, 2021Home Sold
$865,000
Sep 07, 2010Home Sold
$400,000
Jul 25, 2006Home Sold
$675,000
Jan 19, 2006Home Sold
$159,900

Tax History

YEARPROP. TAXASSESSMENT
2020$8,882$554,900
2018$7,548$500,300
2017$7,374$467,900

History based on county public records data.

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$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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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-1830640
9
/10

  • Meadowvale Elementary School

  • 12701 Elk Lake Rd NW

  • 2.36 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1830641
5
/10

  • VandenBerge Middle School

  • 948 Proctor Ave NW

  • 3.06 miles

  • Public District Grades 6-8

High School

school-card-donut-1830642
7
/10

  • Elk River High School

  • 900 School St NW

  • 3.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20975 Elk Lake Rd NW

What is the listing price of this property?

The listing price of 20975 Elk Lake Rd NW property is $1,095,000.

What type of property is this?

The property 20975 Elk Lake Rd NW is a house located in Elk River, Minnesota, 55330.

Is this property for sale now?

Sale Pending: 20975 Elk Lake Rd NW is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 20975 Elk Lake Rd NW are:
Meadowvale Elementary School: GreatSchools Rating 9/10
VandenBerge Middle School: GreatSchools Rating 5/10
Elk River 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 $8,882 (source: MLS/based on county public records data).

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

The last sale was on August 12, 2021 for $865,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20975 Elk Lake Rd NW has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 20975 Elk Lake Rd NW is 3,758 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20975 Elk Lake Rd NW is 2006.

Rocket Homes›Minnesota›Sherburne County›Elk River›55330›20975 Elk Lake Rd NW

This home is located at 20975 Elk Lake Rd NW in Elk River, MN and zip code 55330. This 3,758 square foot home was built in 2006. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $1,095,000.

In March 2024, from all listings sold in Elk River, MN there were more than 15 sold above asking price, over 24 sold below and more than 10 were sold right at the asked price. Between February 2024 and March 2024, Elk River, MN real estate market has seen increase in the number of listings by 29.5%. Listings spent 39 days on the market in March 2024, and had a median list price of $398,198 during the same period.

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

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