Sold / Closed
$435,000

Sold price · Closed May 29, 2026

$168/sqft

Pheasant Ridge 4th Add

8238 Palmgren Avenue NE, Elk River, MN, 55330
4  Bedrooms3  Bathrooms2,683  Square Feet0.309  Acres
Days on market45
Year built2001
Garage spaces3
TypeResidential
Est. $10,500buyer credit when you buy with SODL

About this home

Nestled in a peaceful Otsego neighborhood with unmatched convenience to Hwy 101, this stunning property offers the perfect blend of suburban tranquility and easy access to local favorites like Rockwoods, the 101 Market, and the Albertville Premium Outlets. This meticulously maintained home features 4 spacious bedrooms and 3 bathrooms, including a thoughtfully designed handicap-accessible main level. Car enthusiasts and hobbyists will love the 3-car garage and the additional storage shed, while the private, fenced-in backyard is an outdoor oasis featuring a large deck, beautiful landscaping, and an immaculate, sun-drenched lawn with minimal tree coverage. Whether you’re shooting hoops on your private basketball court or enjoying the lush greenery kept vibrant by the inground sprinkler system, this home is built for lifestyle. With major updates including new appliances, a high-efficiency furnace, and central air conditioning, you can move in with total peace of mind and start enjoying everything this vibrant community has to offer. Professional Photos Coming 2/7/26 Measurements are deemed reliable but not exact.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2001
LevelsOne
Living area2,683 sqft
Above-grade finished1,413 sqft
Below-grade finished1,270 sqft
Lot size0.309 acres (178x88x159x73)
Days on market45
ListedFeb 5, 2026
MLS #NST7016713
CountyWright
SubdivisionPheasant Ridge 4th Add
Parcel #118079002020

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
2 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
3 spaces · 31x25 · 728 sqft
Parking features
Attached Garage, Concrete, Finished Garage, Garage Door Opener, Storage
Patio & porch
Deck, Patio
Exterior features
Stone, Vinyl
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 1,413 sqft
Roof
Age Over 8 Years, Asphalt
Year built
2001

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
150 Amp Service

Community & HOA

Subdivision
Pheasant Ridge 4th Add
HOA
No HOA
School district
728 - Elk River
High school district
Elk River

Financial & listing details

Annual tax
$4,232 (2025)
Listed
Feb 5, 2026
Days on market
45
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space, Sump Pump
HeatingForced Air
CoolingCentral Air
LaundryMain Level
AppliancesAir-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
DiningBreakfast Bar, Breakfast Area, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
AmenitiesCable, Deck, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Security System, In-Ground Sprinkler, Vaulted Ceiling(s), Walk-In Closet
AccessibilityDoors 36"+, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles, Partially Wheelchair, Wheelchair Ramp(s)
Special featuresMain Floor Primary, Main Floor Laundry

Exterior & lot

ExteriorStone, Vinyl
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area1,413 sqft
Patio/porchDeck, Patio
Lot featuresTree Coverage - Light
Road frontageCity Street, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Finished Garage, Garage Door Opener, Storage
Garage spaces3
Garage size728 sqft

Financial details

Annual taxes$4,232
Tax year2025
Taxes w/ assessments4232
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District728 - Elk River
District number728
District phone7632413400
High schoolElk River
SODL flat fee brokerage
$10,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $10,500

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

$2,868/mo
Principal & interest$2,365
Property taxes$353
Home insurance (est.)$150
%
$90,000
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

8238 Palmgren Avenue NE, Elk River, MN, 55330

Listing information

MLS #NST7016713
StatusClosed
Last updatedJun 1, 2026, 10:25 PM
Originally listedFeb 7, 2026, 12:00 AM
Listing officeRich's Realty, Inc.
Co-listing officeRich's Realty, Inc.

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.