NOT LISTED FOR SALE

7731 Palisades Ave NE Elk River, MN 55330

Estimated Value: $275,000 - $348,000

3 Beds
4 Baths
1,942 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $284,500 $146 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,182/month

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Rogers Senior High School Rated 9+
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of May 2023

Agents to verify all measurements and info. Welcome home to this beautiful, freshly painted, well maintained and move-in ready townhome featuring 3 bedrooms on one level. Primary room ensuite with tub and shower and a fully finished basement in a desirable neighborhood. Washer and Dryer-2023. Enjoy sitting on your wrap-around porch relishing summer nights.

Last Agent to Sell the Property

Oluseun Odewole

Keller Williams Classic Rlty NW Brokerage Phone: 763-401-0478 Listed on: 04/02/2024

Keller Williams Classic Rlty NW

Last Buyer's Agent

Novefate Miller

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 2003

Lot Details

  • 2,570

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 2,570 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include lawn care, ground maintenance, professional mgmt, snow removal
  • Grassen Association, Phone Number (952) 922-5575
  • Pheasant Ridge 6Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118097001300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,946

Year Built

Built in 2003

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Quad/4 Corners
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1482
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-401-0478
  • Attribution Contact: 763-401-0478
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Egress Window(s), Finished
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener Owned
  • Living Area: 1942
  • Fireplace: No
  • Below Grade Finished Sq Ft: 460
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Recreation Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 456

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Maintenance Grounds, Professional Mgmt, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 289
  • Association: Yes
  • Amenities Unit: Balcony

Association/Amenities

  • HOA Management Co: Grassen

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 2570.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118097001300
  • Tax Annual Amount: 2946
  • TaxWithAssessments: 2946.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Bamigboye Olawale and Bamigboye Oluwakemi
Bought by
Mattscheck Donna
Current Estimated Value
$311,387

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 19, 2023
Sold by
Schmidt Kyle and Schmidt Ashley
Bought by
Bamigboye Olawale
Seller's Agent
Oluseun Odewole
Keller Williams Classic Rlty NW
Buyer's Agent
Novefate Miller
eXp Realty
List Price
$325,000
Sold Price
$284,500
Premium/Discount to List
-$40,500
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$224,755
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2018
Sold by
Schladweiler Sarah R and Schladweiler Derek
Bought by
Schmidt Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 8, 2004
Sold by
Eagle Crest Townhomes Inc
Bought by
Schladweiler Sarah R

Purchase Details

Closed on
Jun 25, 2003
Sold by
Arcon Development Inc
Bought by
Castlebar Homes Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mattscheck Donna $299,900 --
Bamigboye Olawale $284,500 --
Schmidt Kyle $183,200 Executive Associates Title
Schladweiler Sarah R $193,410 --
Castlebar Homes Llc $89,276 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bamigboye Olawale $224,755
Previous Owner Schmidt Kyle $183,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $299,900 -3.3% $154 / Sq Ft
04/10/2024 04/10/24 Price Changed $310,000 -4.6% $160 / Sq Ft
04/05/2024 04/05/24 For Sale $325,000 +14.2% $167 / Sq Ft
05/19/2023 05/19/23 Sold $284,500 0.0% $146 / Sq Ft
05/19/2023 05/19/23 Sold $284,500 +1.6% $146 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $279,900 -- $144 / 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 $2,880 $281,600 $45,000 $236,600
2024 $2,880 $268,600 $30,000 $238,600
2023 $2,948 $279,600 $38,500 $241,100
2022 $2,600 $253,800 $35,000 $218,800
2021 $2,606 $203,500 $20,000 $183,500
2020 $2,600 $200,300 $20,000 $180,300
2019 $2,246 $196,200 $0 $0
2018 $2,332 $186,800 $0 $0
2017 $2,242 $176,600 $0 $0
2016 $2,188 $0 $0 $0
2015 $2,046 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Oluseun Odewole

    Seller's Agent in 2024

    Oluseun Odewole

    Keller Williams Classic Rlty NW

    (763) 401-0478

    7 in this area

    51 Total Sales

    Section Image

  • N

    Buyer's Agent in 2024

    Novefate Miller

    eXp Realty

    (763) 999-0294

    4 in this area

    58 Total Sales

    Section Image
  • Brenda Leonard

    Seller's Agent in 2023

    Brenda Leonard

    Keller Williams Integrity NW

    (763) 458-8088

    7 in this area

    37 Total Sales

    Section Image

  • E

    Buyer's Agent in 2023

    Emmanuel Olagbaju

    Keller Williams Classic Rlty NW

    (612) 501-0073

    4 in this area

    51 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6513104

NorthstarMLS

APN: 118-097-001300

Minnesota Wright County Elk River 55330

7731 Palisades Ave NE, Elk River, MN

This home is located at 7731 Palisades Ave NE, Elk River, MN 55330 since 02 April 2024 and is currently estimated at $302,870, approximately $155 per square foot. This property was built in 2003. 7731 Palisades Ave NE is a home located in Wright County with nearby schools including Otsego Elementary School, Rogers Middle School, and Rogers Senior High School.

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