NOT LISTED FOR SALE

7738 Palisades Ave NE Elk River, MN 55330

Estimated Value: $286,000 - $341,000

2 Beds
2 Baths
1,430 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $315,000 $220 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,213/month

71 Days on Market

Highlights

  • Stainless Steel Appliances
  • The kitchen features windows
  • 2 Car Attached Garage
  • Rogers Senior High School Rated 9+
  • Porch
  • Patio

About This Home

As of June 2024

Welcome to this end unit townhome with all living facilities on one-level! This home offers the perfect blend of comfort, convenience, & style. Boasting 2 bedrooms, 2 bathrooms & a 2-car garage, this property is designed for ease of living. As you step inside, you'll be greeted by a spacious open floor plan with natural light pouring in through large windows. The vaulted ceilings creates a spacious & airy ambiance throughout the home. The living area seamlessly flows into the dining space & kitchen. The kitchen has updated stainless steel appliances, granite countertops, a breakfast bar, and is perfect for entertaining guests. The primary bedroom has a large walk-in closet & private bathroom! Step outside to your private patio, where you can unwind with a morning cup of coffee. Additionally, there is a charming front porch. Conveniently located close to local attractions, restaurants, schools, & parks! Don't miss your chance to own this fabulous one-level townhome!

Last Agent to Sell the Property

Amber Lange

Keller Williams Classic Rlty NW Brokerage Phone: 763-226-7911 Listed on: 03/24/2024

Keller Williams Classic Rlty NW

Last Buyer's Agent

Jason Borowitz

Fish MLS Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 2002

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 52x94x52x94

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, professional mgmt, trash, snow removal
  • Gassen Company Association, Phone Number (952) 922-5575
  • Pheasant Ridge 5Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118089001130

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,978

Year Built

Built in 2002

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1430
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 763-226-7911
  • Attribution Contact: 763-226-7911
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Living Room
  • Living Area: 1430
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Patio, Porch, Sun Room, Laundry

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • PatioPorchType: Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 470

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Professional Mgmt, Trash, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 289
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Walk-In Closet

Association/Amenities

  • HOA Management Co: Gassen Company

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 52x94x52x94
  • Lot Size Sq Ft: 4878.72
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 118089001130
  • Tax Annual Amount: 2978
  • TaxWithAssessments: 2978.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2024
Closed on
Jun 21, 2024
Sold by
Pervenanze Kelly and Pervenanze Anthony
Bought by
Petersen Bernice
Seller's Agent
Amber Lange
Keller Williams Classic Rlty NW
Buyer's Agent
Jason Borowitz
Fish MLS Realty
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%
Views
134
Current Estimated Value
$307,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,389
Avg. Annual Appreciation
0.45%

Purchase Details

Closed on
Nov 11, 2017
Sold by
Ericson Steven L and Ericson Mary Kay
Bought by
Elis Thomas E and Elis Jancie M

Purchase Details

Closed on
Nov 19, 2002
Sold by
Eagle Crest Northwest Townhomes Inc
Bought by
Ericson Leroy and Ericson Mildred

Purchase Details

Closed on
Sep 18, 2002
Sold by
Arcon Development Inc
Bought by
Castlebar Homes Llc
Source: Public Records

Range of Values:

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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
Petersen Bernice $315,000 --
Elis Thomas E $99,967 Minnesota Title
Ericson Leroy $164,475 --
Castlebar Homes Llc $102,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $315,000 +1.6% $220 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $310,000 -4.6% $217 / Sq Ft
05/06/2024 05/06/24 Price Changed $325,000 -3.0% $227 / Sq Ft
04/17/2024 04/17/24 Price Changed $335,000 -1.5% $234 / Sq Ft
03/27/2024 03/27/24 For Sale $340,000 -- $238 / 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 $2,978 $279,200 $60,000 $219,200
2024 $2,978 $274,500 $60,000 $214,500
2023 $2,772 $288,100 $66,000 $222,100
2022 $2,770 $240,300 $60,000 $180,300
2021 $2,766 $215,000 $45,000 $170,000
2020 $2,586 $210,900 $45,000 $165,900
2019 $2,230 $195,300 $0 $0
2018 $2,078 $165,100 $0 $0
2017 $1,978 $154,200 $0 $0
2016 $1,914 $0 $0 $0
2015 $1,746 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6508558

NorthstarMLS

APN: 118-089-001130