$405,000
SOLD AUG 15, 2025

7948 Palmgren Ave NE Elk River, MN 55330

3 Beds
3 Baths
1,723 Sq Ft
0.44 Acres

Recently Sold

$235 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • No HOA
  • Rogers Middle School Rated 9+
  • Bonus Room
  • The kitchen features windows

About This Home

As of August 2025

This beautifully maintained one-owner home offers a rare blend of comfort, privacy, and natural beauty. Nestled on a peaceful lot backing up to a serene pond, you'll enjoy tranquil views from your backyard year-round. Inside, the layout is thoughtfully designed with bright, open living spaces and plenty of natural light. The kitchen flows seamlessly into the dining and living areas—perfect for entertaining or cozy nights in. Right off the kitchen you have a large deck perfect for grilling and enjoying those beautiful summer nights. Upstairs, the bedrooms are generously sized, and the primary suite includes a private bath and walk-in closet. A spacious lower level provides room to grow, work, or play. With meticulous care throughout and a picture-perfect setting, this home is truly move-in ready.

Last Agent to Sell the Property

Matthew Austinson

Keller Williams Premier Realty Listed on: 07/17/2025

Keller Williams Premier Realty

Co-Listed By

Melanie Proctor

Keller Williams Premier Realty

Last Buyer's Agent

Cindy Johnson

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,044

Year Built

  • Built in 2001

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • 1,723 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Bonus Room
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Additional Features

  • 0.44 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pheasant Ridge 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118073002100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,044

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 1723
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 38x29.5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete, Unfinished, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas
  • Living Area: 1723
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bonus Room, Bathroom, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Primary Bathroom, Porch, Deck

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • ConstructionMaterialsDesc: Concrete,Steel
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 792

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,In-Ground Sprinkler,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 19340.64
  • 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: 2025
  • Assessor Parcel Number: 118073002100
  • Tax Annual Amount: 4044
  • TaxWithAssessments: 4044.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2025
Closed on
Aug 11, 2025
Sold by
Krippner Theresa and Krippner Kenneth
Bought by
Karschnik Kyle and Karschnik Tyrena
Seller's Agent
Matthew Austinson
Keller Williams Premier Realty
Buyer's Agent
Cindy Johnson
Keller Williams Classic Rlty NW
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Views
833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.12%
Original Mortgage
$382,655
Outstanding Balance
$382,655
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$31,219

Purchase Details

Closed on
Jul 31, 2001
Sold by
Minstar Homes Inc
Bought by
Krippner Kenneth M and Krippner Theresa M

Purchase Details

Closed on
Apr 6, 2001
Sold by
Arcon Development Inc
Bought by
Mnstar Homes Inc
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 $405,000 --
Warranty Deed $238,000 --
Warranty Deed $45,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,655 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $405,000 -2.4% $235 / Sq Ft
07/27/2025 07/27/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $415,000 -- $241 / 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 $4,044 $382,500 $95,000 $287,500
2024 $4,146 $375,700 $95,000 $280,700
2023 $4,124 $390,800 $102,000 $288,800
2022 $3,926 $344,400 $85,000 $259,400
2021 $3,776 $293,300 $60,000 $233,300
2020 $3,708 $278,000 $60,000 $218,000
2019 $3,328 $268,200 $0 $0
2018 $3,112 $248,900 $0 $0
2017 $3,036 $233,500 $0 $0
2016 $2,988 $0 $0 $0
2015 $2,940 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6756660

NorthstarMLS

APN: 118-073-002100