Lori Gustafson

7625 Palmgren Avenue Ne

Elk River, MN
$ 475,000 Beds 4 Baths 3.5 Sq 2,737
Monthly Estimate* How much can I afford?

Experience turnkey condition, modern open-concept living, and highly sought-after upgrades throughout. The stunning center island kitchen features granite countertops, a ceramic tile backsplash, stainless steel appliance package, double-door pantry, and an abundance of cabinet and countertop space. The spacious Great Room is flooded with natural light from a floor-to-ceiling picture window and spotlights a cozy gas fireplace. A convenient main-floor office with a custom sliding French door provides the perfect work-from-home space, while the generous foyer offers a warm welcome for guests. The upper level features a large loft, ideal for a study, gaming, or flex space, along with three bedrooms, including a luxurious owner's suite with vaulted ceilings, a large walk-in closet, and a private 3/4 bath with dual vanities and an oversized shower. A separate laundry room with a utility sink, upper and lower cabinets, adds everyday convenience. The finished walkout lower level includes a spacious family room with durable LVP flooring, a unique built-in play area for kids, a fourth bedroom, and a stylish 3/4 bath with a furniture-style vanity. Additional interior features include knockdown ceilings, solid wood paneled interior doors, and LVP flooring throughout the entire main level, with the exception of the office. Outdoor living is truly exceptional with a one-of-a-kind two-tier maintenance-free deck featuring a fully equipped outdoor kitchen complete with both a Traeger and Blackstone grill, beverage cooler, built-in seating area, and plenty of space for entertaining. Below, enjoy a large concrete patio with a decorative colored concrete border and an under-deck drainage system that keeps the patio dry. The vinyl-coated chain-link fenced backyard is perfect for kids and pets and is complemented by in-ground irrigation, a covered front porch, and a maintenance-free exterior. Come experience everything this exceptional home has to offer... you'll want to make it yours!

Single Family

  • Price
  • $ 475,000
  • City
  • Elk River
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • WRIGHT
  • Half Bathrooms
  • 1
  • Area
  • Boulder Creek
  • Lot Size
  • 0.164 Acres
  • Zip
  • 55330
  • Sqr Footage
  • 2,737
  • Year Built
  • 2019
  • Taxes
  • $ 5284
  • Style
  • Single Family
  • MLS#
  • 7107658
Listed By: Luke Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2737
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Air-To-Air Exchanger,Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 49
Garage Spaces 2
Association Fee Includes Professional Mgmt,Sanitation
Construction Materials Concrete
Year Built 2019
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Wright
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Boulder Creek
Full Baths 1
Directions Quaday Ave to 76th west to Parrell south to Palmgren west to home
City Otsego
Association Name First Service Residential
High School District Elk River
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5284
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Outdoor Kitchen,Paneled Doors,In-Ground Sprinkler
PostalCity Elk River

Interior Features

Basement Daylight/Lookout Windows,Drain Tiled,Finished,Full,Storage Space,Sump Basket,Sump Pump
Total Fireplaces 1
Fireplace Features Family Room,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2052
Half Baths 1
3/4 Baths 2
Laundry Features Laundry Room,Upper Level,Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 685
Total Baths 4
Bath Desc 3/4 Basement,3/4 Primary,Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath
Dining Room Description Breakfast Bar,Informal Dining Room
Fuel Natural Gas
Garage Dimensions 22x22
Garage Square Feet 484

Exterior Features

Parking Features Attached Garage,Asphalt,Garage Door Opener
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.164
Building Area Total 3020
Lot Dimensions 55x130
Waterfront Y/N No
Foundation Area 968
Road Frontage Type City Street,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/11/2026 Listed $499,900
8/28/2026 5% - $475,000

Property vs Zip Code Average in 55330

Price
AVG $530K
$480K
Taxes
AVG $4,104
$5,284
Year Built
AVG 2011
2019
Visits
AVG 79
76
Data Provided by Inside Real Estate®

Areas That We Cover

7625 Palmgren Avenue Ne Elk River, MN is a Single Family Home for sale at $475000 with 2737 sqft and a lot size of 0.164 Acres Acre(s). 7625 Palmgren Avenue Ne Elk River has 4 bedrooms, 3 baths and was built in 2019. The property's zip code is 55330 which is in Elk River, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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