Listed at
$475,000
$202/sqft

Pheasant Ridge

7924 Palmgren Avenue NE, Otsego, MN, 55330
4  Bedrooms4  Bathrooms2,352  Square Feet0.31  Acres
Days on market0
Year built2000
Garage spaces3
TypeResidential
Est. $11,250buyer credit when you buy with SODL
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About this home

Gorgeous lot in a highly desirable Otsego neighborhood with an amazing location. This huge modified two-story home, with 4 bedrooms plus an office and 4 bathrooms, is loaded with upgrades and offers spacious bedrooms, two fireplaces, a wet bar, a fully finished basement, and a huge deck perfect for entertaining. The main level features an open-concept kitchen, dining, and living area, along with an office. The oversized deck provides plenty of space for outdoor entertaining. The upper level features three bedrooms and two full bathrooms, including a spacious primary suite with a walk-in closet and private full bathroom. The fully finished basement offers a large family room with a second fireplace, wet bar, and fourth bedroom. Additional features include central A/C, furnace, and an air exchanger. The backyard is fully fenced and includes a second deck/patio area behind the garage. The home has been extensively remodeled, including restored and new flooring, fresh paint, updated bathrooms, beautiful tile work, new appliances, and much more. Located in the heart of Otsego in a quiet neighborhood with easy access to Highway 101. Great value, move-in ready, and ready for its new owners!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2000
LevelsModified Two Story
Living area2,352 sqft
Above-grade finished1,632 sqft
Below-grade finished720 sqft
Lot size0.31 acres (60x178x100x164)
Days on market0
ListedSep 30, 2026
MLS #NST7147428
CountyWright
SubdivisionPheasant Ridge
Parcel #118070002050

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Bath breakdown
2 full / 2 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
Modified Two Story
Garage
3 spaces · 29x21 · 609 sqft
Parking features
Attached Garage, Asphalt, Garage Door Opener
Patio & porch
Deck
Exterior features
Stone, Vinyl
Fencing
Full, Wood

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Permanent, Poured Concrete · 774 sqft
Roof
Asphalt
Year built
2000

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Pheasant Ridge
HOA
No HOA
School district
728 - Elk River
High school district
Elk River

Financial & listing details

Annual tax
$4,113 (2026)
Tax with assessments
5350
Listed
Sep 30, 2026
Days on market
0
Lender owned
Yes
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths2
Half baths0
1/4 baths0
BasementFull, Sump Pump
HeatingForced Air
CoolingCentral Air
Fireplaces2
LaundryLaundry Room, Main Level, Sink, Washer Hookup
AppliancesAir-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Washer
DiningKitchen/Dining Room
AmenitiesDeck, French Doors, Hardwood Floors, Kitchen Window, Tile Floors, Washer/Dryer Hookup, Wet Bar
AccessibilityNone
Special features3 BR on One Level, Main Floor Laundry

Exterior & lot

ExteriorStone, Vinyl
RoofAsphalt
FoundationPermanent, Poured Concrete
Foundation area774 sqft
Patio/porchDeck
Lot featuresTree Coverage - Medium
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener
Garage spaces3
Garage size609 sqft

Financial details

Annual taxes$4,113
Tax year2026
Taxes w/ assessments5350
Assessment pendingYes
Down payment resourceYes
Lender ownedYes
Short saleNo
ForeclosureNo

Schools

District728 - Elk River
District number728
District phone7632413400
High schoolElk River
SODL flat fee brokerage
$11,250Estimated buyer credit
SODL platform fee $3,000Your buyer credit $11,250

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,997/mo
Principal & interest$2,496
Property taxes$343
Home insurance (est.)$158
%
$95,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

7924 Palmgren Avenue NE, Otsego, MN, 55330

Listing information

MLS #NST7147428
StatusActive
Last updatedOct 2, 2026, 10:07 AM
Originally listedOct 2, 2026, 12:00 AM
Listing officeeXp Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.