8731 Obrian Ave NE Elk River, MN 55330
Estimated payment $866/month
About This Lot
Spectacular 1-acre corner lot in Cederberg Estates, Otsego — prime opportunity to build your dream home in a growing and in-demand area! Located next to the Meadowlands development and close to parks and schools, this property offers both convenience and privacy. A large 720 sq ft garage with metal roof is already onsite, perfect for storage or a workshop while you plan your build. Electricity and natural gas are available, and the lot abuts newer residential development. Buyer to verify city plans for water/sewer availability. Don’t miss this chance to secure a spacious lot with endless potential in Otsego!
Property Details
Property Type
- Land
Est. Annual Taxes
- $900
Lot Details
- Lot Dimensions are 286x157x286x158
- Finished Lot(s)
Community Details
- No Home Owners Association
- Cederberg Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 118214001020
Map
Home Values in the Area
Average Home Value in this Area
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 | $900 | $122,000 | $111,000 | $11,000 |
| 2024 | $1,186 | $109,800 | $95,000 | $14,800 |
| 2023 | $1,102 | $130,700 | $102,000 | $28,700 |
| 2022 | $1,624 | $111,900 | $85,000 | $26,900 |
| 2021 | $1,128 | $80,400 | $55,000 | $25,400 |
| 2020 | $2,086 | $80,200 | $55,000 | $25,200 |
| 2019 | $1,820 | $80,600 | $0 | $0 |
| 2018 | $942 | $72,400 | $0 | $0 |
| 2017 | $938 | $71,300 | $0 | $0 |
| 2016 | $942 | $0 | $0 | $0 |
| 2015 | $1,636 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $149,900 | +15.3% | -- |
| 11/06/2024 11/06/24 | Sold | $130,000 | -11.7% | $112 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | For Sale | $147,250 | +33.9% | $127 / Sq Ft |
| 10/21/2022 10/21/22 | Sold | $110,000 | -8.3% | $95 / Sq Ft |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | For Sale | $119,900 | -- | $103 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | Legacy Title | |
| Deed | $110,000 | -- | |
| Warranty Deed | $42,000 | -- | |
| Warranty Deed | $45,000 | -- | |
| Deed | $4,000 | -- | |
| Warranty Deed | $38,000 | -- | |
| Warranty Deed | $45,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available |
Source: NorthstarMLS
MLS Number: 6790413
APN: 118-214-001020
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