$602,000
SOLD AUG 7, 2025

20418 Meadowvale Rd NW Elk River, MN 55330

3 Beds
3 Baths
2,177 Sq Ft
3.19 Acres

Recently Sold

$277 Per Sq Ft

7% Above List Price

19 Days on Market

Highlights

  • In Ground Pool
  • 138,956 Sq Ft lot
  • 1 Fireplace
  • Home fronts a pond
  • Deck
  • No HOA

About This Home

As of August 2025

Welcome to your private retreat. An extraordinary 3.1-acre sanctuary nestled among mature trees, a pond with flowing fountain, and a water feature.

This meticulously maintained, pre-inspected home offers a rare blend of luxury, innovation, and tranquility. Built and maintained by sellers with an eye for perfection, it features a geothermal heating system, a brand-new septic system (2024), newer roof, siding, and windows..

Step outside to your resort-style 20x40 saltwater pool with a power cover, new liner, and updated equipment (2023), professionally inspected and ready for summer. The expansive composite deck and beautifully landscaped grounds are perfect for entertaining.

Inside, you’ll find skylights, an upgraded kitchen, beautifully updated bathrooms, new carpet and an open layout. With two garages, a pondside setting, and a location just minutes from Woodland Trails and Elk River Golf Course, this home offers unmatched comfort and character.

Last Agent to Sell the Property

Douglas Miller

Douglas Miller Listed on: 06/03/2025

Last Buyer's Agent

Heather Peterson

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,355

Year Built

  • Built in 1991

Lot Details

  • 3.19 Acre Lot
  • Home fronts a pond

Parking

  • 5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Flex

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Living Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Meadowvale Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 75005140270

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,355

Year Built

Built in 1991

Lot Details

0

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 5
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 1279
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas
  • Living Area: 2177
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 898
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Primary Bathroom, Family Room, Bedroom 3, Flex Room, Laundry, Walk In Closet, Deck, Garage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Below Ground
  • Other Structures: Additional Garage, Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Garage Door Opener
  • Garage Square Feet: 624

Utilities

  • Heating: Geothermal, Heat Pump
  • Sewer: Septic System Compliant - Yes
  • Electric: 200+ Amp Service
  • Fuel: Electric
  • Power Company: Other

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Patio,Skylight,In-Ground Sprinkler,Walk-In Closet

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 138956.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Fiber Cement, Fiber Board

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 75005140270
  • Tax Annual Amount: 6355
  • TaxWithAssessments: 6355.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Aug 5, 2025
Sold by
Michael And Martha Hippe Family Trust and Hippe Martha P
Bought by
Sund Michael D and Sund Rebekah L
Seller's Agent
Douglas Miller
Douglas Miller
Buyer's Agent
Heather Peterson
Coldwell Banker Realty
List Price
$564,990
Sold Price
$602,000
Premium/Discount to List
$37,010
6.55%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.75%
Original Mortgage
$541,800
Outstanding Balance
$541,800
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$17,523

Purchase Details

Closed on
Nov 23, 2015
Sold by
Hippe Michael G and Hippe Martha P
Bought by
Michael & Martha Hippe Family Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $602,000 Ascension Title Inc
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $541,800 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $85,000 Stand Alone Second
Previous Owner $32,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Sold $602,000 +6.6% $277 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $564,990 -- $260 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,768 $489,500 $182,500 $307,000
2024 $6,212 $484,500 $180,600 $303,900
2023 $5,638 $487,400 $180,600 $306,800
2022 $5,202 $414,600 $126,800 $287,800
2020 $4,680 $325,300 $81,500 $243,800
2019 $4,058 $296,300 $63,500 $232,800
2018 $3,768 $279,400 $60,000 $219,400
2017 $3,614 $251,700 $57,800 $193,900
2016 $3,494 $239,800 $53,600 $186,200
2015 $3,372 $213,100 $47,400 $165,700
2014 $3,366 $199,300 $44,300 $155,000
2013 -- $190,400 $41,400 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6730595

NorthstarMLS

APN: 75-514-0270