Seller's Agent in 2025
Mark Tubman
LPT Realty, LLC
(612) 720-6019
1 in this area
26 Total Sales
503 8th St NW Elk River, MN 55330
3
Beds
2
Baths
1,847
Sq Ft
0.26
Acres
Highlights
- Guest House
- Rear Porch
- Living Room
- No HOA
- Wet Bar
- Storage Room
About This Home
As of January 2025Cutest house on the street! All the big items have been updated. Including brand new roof, 3 season porch, updated heating, air, windows, siding and more. Two spacious bedrooms on the main level. Large open kitchen with tons of counter top space and storage. Expanded dining area that walks right out to the porch and outside. Great for entertaining guests. There's tons of room for fun and games in the lower level. Downstairs offers a family room, game area, bar, ¾ bath, storage, room for a home office, and another bedroom. You'll love the fully fenced in back yard, that's great for pets. Enjoy the oversized garage and storage shed for all your projects. There's even space for a garden or to store your toys! All this plus walking distance to local schools. Just a few blocks from the highway for an easy commute to work.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,148
Year Built
- Built in 1967
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 71 x 120
- Chain Link Fence
Parking
- 2 Car Garage
Interior Spaces
- 1-Story Property
- Wet Bar
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Storage Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Rear Porch
- Guest House
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- North Terrace Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 754200480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
Jan 27, 2025
Sold by
Meredith Marvin M and Meredith Patricia L
Bought by
Arnold David and Kruse Mikala
Seller's Agent
Mark Tubman
LPT Realty, LLC
Buyer's Agent
Erin Cook
Compass
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,488
Avg. Annual Appreciation
7.92%
Original Mortgage
$299,653
Outstanding Balance
$297,806
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$29,682
Purchase Details
Closed on
Mar 17, 2014
Sold by
Brant James M and Brant Carrie E
Bought by
Meredith Marvin M and Meredith Patricia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,868
Interest Rate
3.87%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | Flex Title Company Llc | |
| Warranty Deed | $140,000 | Edina Realty Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,653 | FHA | |
| Previous Owner | $131,868 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Sold | $310,000 | -3.1% | $168 / Sq Ft |
| 12/13/2024 12/13/24 | Pending | -- | -- | -- |
| 11/21/2024 11/21/24 | Price Changed | $319,900 | -1.5% | $173 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $324,900 | -- | $176 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $271,900 | $82,000 | $189,900 |
| 2024 | $3,148 | $259,600 | $82,000 | $177,600 |
| 2023 | $3,488 | $258,000 | $82,000 | $176,000 |
| 2022 | $3,108 | $266,900 | $91,200 | $175,700 |
| 2020 | $2,696 | $200,100 | $53,800 | $146,300 |
| 2019 | $2,306 | $182,500 | $47,700 | $134,800 |
| 2018 | $2,150 | $171,500 | $45,000 | $126,500 |
| 2017 | $2,004 | $156,400 | $42,400 | $114,000 |
| 2016 | $1,902 | $146,200 | $38,700 | $107,500 |
| 2015 | $1,810 | $113,900 | $28,600 | $85,300 |
| 2014 | $2,140 | $104,900 | $26,400 | $78,500 |
| 2013 | -- | $122,100 | $30,300 | $91,800 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Tubman
-
Erin Cook
Buyer's Agent in 2025
Erin Cook
Compass
(952) 945-3191
1 in this area
45 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6631010
APN: 75-420-0480
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