NOT LISTED FOR SALE

209 1st St NW Elk River, MN 55330

Estimated Value: $262,738 - $311,000

5 Beds
3.5 Baths
3,393 Sq Ft
$84/Sq Ft Est. Value

Highlights

  • Home fronts a pond
  • Corner Lot
  • Home Office
  • Recreation Room
  • No HOA
  • The kitchen features windows

About This Home

As of February 2024

Discover the charm of suburban living in this spacious 5BR 4BA corner home, nestled in a serene neighborhood with a picturesque pond view. This two-story house features four bedrooms upstairs, two flexible spaces downstairs, and a cozy has fireplace, accommodating all your lifestyle needs from a home office to a guest room. Enjoy your private patio, perfect for relaxation, and explore Nature Canyon Park, conveniently nearby. Located minutes from shopping, dining, and recreational activities, this home offers both comfort and convenience. Embrace a lifestyle of ease and tranquility in this versatile and inviting property. Secure your piece of suburban paradise now!

Last Agent to Rent the Property

Chad Dixon

RE/MAX Results Listed on: 01/12/2024

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 130x145
  • Home fronts a pond
  • Street terminates at a dead end
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association
  • Vernon Estates Subdivision

Listing and Financial Details

  • Property Available on 2/16/24
  • Assessor Parcel Number 754510142

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,178

Year Built

Built in 1990

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-02-16
  • Lease Price: 2095.0000
  • ApplicationFee: 45.0000
  • SecurityDeposit: 3295.0000
  • SmokingPermitted: Yes

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 2369
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Storage Space, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 3393
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1024
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Bedroom 5, Bedroom 1, Bedroom 4, Foyer, Informal Dining Room, Kitchen, Living Room, Office, Recreation Room, Bedroom 2, Bedroom 3
  • SqFtTotal: 3611.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • PatioPorchType: Covered,Enclosed,Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 130x145
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Brick/Stone

Tax Info

  • Assessor Parcel Number: 754510142

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Sfr Borrower 2024-A Llc
Bought by
Sfr 2025-2 Borrower Llc
Current Estimated Value
$285,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,996,489
Outstanding Balance
$528,996,489
Interest Rate
6.58%
Estimated Equity
-$528,711,054

Purchase Details

Closed on
Jun 13, 2024
Sold by
Sfr Acquisitions 3 Llc
Bought by
Sfr Borrower 2024-A Llc

Purchase Details

Closed on
Sep 30, 2022
Sold by
Vermeer Thomas
Bought by
Sfr Acquisitions 3 Llc

Purchase Details

Closed on
Nov 12, 2019
Sold by
Gratton Gregory and Gratton Karla
Bought by
Vermeer Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2002
Sold by
Stolte Virginia T
Bought by
Gratton Gregory and Gratton Karla K
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 Buyer Sale Price Title Company
Sfr 2025-2 Borrower Llc $500 None Listed On Document
Sfr Borrower 2024-A Llc $500 Realtech Title
Sfr Acquisitions 3 Llc $257,000 --
Vermeer Thomas $193,000 Results Title
Gratton Gregory $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr 2025-2 Borrower Llc $528,996,489
Closed Sfr 2025-2 Borrower Llc $528,996,489
Previous Owner Vermeer Thomas $80,000
Previous Owner Vermeer Thomas $187,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Rented $2,095 0.0% --
01/28/2024 01/28/24 Under Contract -- -- --
01/12/2024 01/12/24 For Rent $2,095 -- --
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 $3,178 $241,300 $36,900 $204,400
2024 $2,960 $241,200 $36,900 $204,300
2023 $2,694 $232,300 $36,900 $195,400
2022 $2,478 $212,400 $59,600 $152,800
2020 $2,082 $170,500 $33,700 $136,800
2019 $1,962 $147,300 $30,200 $117,100
2018 $1,824 $137,500 $28,700 $108,800
2017 $1,698 $124,900 $27,200 $97,700
2016 $1,604 $116,300 $24,200 $92,100
2015 $1,538 $82,300 $15,800 $66,500
2014 $1,522 $75,900 $14,600 $61,300
2013 -- $63,800 $12,800 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Dixon

    Landlord's Agent in 2024

    Chad Dixon

    RE/MAX Results

    (651) 735-5669

    1 in this area

    37 Total Sales

    Chad Dixon
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Map

Source: NorthstarMLS

MLS Number: 6495039

NorthstarMLS

APN: 75-451-0142

Minnesota Sherburne County Elk River 55330

209 1st St NW, Elk River, MN

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