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  • $511,000

    12531 225th Ct NW, Elk River, MN 55330

    2beds
    1,848sqft
    Single Family Residence
    Built in 2002
    0.64 Acres Lot
    $520,200 Zestimate®
    $277/sqft
    $2,309 Estimated rent

    Home value

    $520,200

    $473,000 - $572,000

    $2,309/mo

    Zestimate® history
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    What's special

    Bright open living spaces
    Welcome to your private retreat in the heart of Elk River! This beautifully maintained 2-bedroom, 2-bath home sits on a fantastic lot surrounded by mature trees and natural landscape, offering a peaceful buffer with no neighbors directly behind you. Enjoy the perfect blend of comfort and privacy with bright, open living spaces, a well-designed kitchen with multiple islands and work space, and a cozy living area overlooking the scenic backyard.The primary suite features a spacious layout and its own private bath with see thru gas fire place, while the second bedroom offers flexibility for guests, a home office, or hobby space. The main living room has a wood fireplace, and so much storage throughout the home. Step outside to your own outdoor oasis—ideal for morning coffee, grilling, or simply taking in the wildlife and wooded backdrop. Located near parks, trails, schools, and convenient Elk River amenities, this property delivers both serenity and accessibility. The spacious 1,848 sq. ft. unfinished basement offers incredible potential—add one or more bedrooms, additional bathrooms, a home gym, theater, or custom storage. New mechanicals in 2025 consisted of Furnace and Air Conditioner. The perfect blank canvas to expand your living space and build exactly what you need. A rare opportunity to enjoy natural privacy in a beautiful neighborhood—don’t miss it!

    Zillow last checked:

    Listing updated:

    Listed by:

    David S Lilja 612-810-8779,

    Think Minnesota Realty LLC

    Bought with:

    Tiffany Wetterlind

    Keller Williams Classic Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6818687MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 201.63 Square Feet
    • Dimensions: 14.3 x 14.1
    Bedroom 2
    • Level: Main
    • Area: 157.08 Square Feet
    • Dimensions: 15.4 x 10.2
    Dining room
    • Level: Main
    • Area: 112.22 Square Feet
    • Dimensions: 11.1 x 10.11
    Foyer
    • Level: Main
    • Area: 63.96 Square Feet
    • Dimensions: 8.2 x 7.8
    Kitchen
    • Level: Main
    • Area: 241.25 Square Feet
    • Dimensions: 17.11 x 14.10
    Living room
    • Level: Main
    • Area: 385.82 Square Feet
    • Dimensions: 20.2 x 19.1
    Other
    • Level: Main
    • Area: 80.3 Square Feet
    • Dimensions: 14.6 x 5.5
    Patio
    • Level: Lower
    • Area: 345.9 Square Feet
    • Dimensions: 19.1 x 18.11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Block,Unfinished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 1,848
    • Total interior livable area: 1,848 sqft
    • Finished area above ground: 1,848
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.64 Acres
    • Dimensions: 110 x 181 x 175 x 225
    Details
    • Foundation area: 1848
    • Parcel number: 75006720910
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Shared Septic
    • Water: Shared System

    Community & HOA

    Community
    • Subdivision: The Ridges Of Rice Lake Cic #21
    HOA
    • Has HOA: Yes
    • Services included: Sewer, Shared Amenities, Water
    • HOA fee: $1,736 annually
    • HOA name: Ridges of Rice Lake Homeowners Association, Inc.
    • HOA phone: 763-465-6548
    Location
    • Region: Elk River

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $481,400
    • Annual tax amount: $6,354
    • Date on market: 11/17/2025
    • Cumulative days on market: 52 days

    Price history

    DateEventPrice
    2/6/2026Sold$511,000+0.2%$277/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6818687 Report a problem
    1/8/2026Pending sale$510,000$276/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6818687 Report a problem
    11/17/2025Listed for sale$510,000+29.3%$276/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6818687 Report a problem
    11/7/2002Sold$394,482+419.7%$213/sqft
    Source: Public Record Report a problem
    4/9/2002Sold$75,900$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,354 +2.8%$481,400 0%
    2024$6,178 +7.7%$481,555 -0.5%
    2023$5,734 +3.7%$483,900 +14.7%
    2022$5,528 +0.9%$421,700 +21.3%
    2021$5,476 -5.2%$347,748 -1.9%
    2020$5,778 +5.5%$354,397 -1.4%
    2019$5,476 -5.2%$359,300 +1.4%
    2018$5,778 +9.6%$354,200 +3.7%
    2017$5,274 -0.6%$341,700 +3.8%
    2016$5,308 +2.6%$329,200 +3.8%
    2015$5,174 $317,200 +4.2%
    2014$5,174 +5%$304,500 +8.7%
    2013$4,926 +2.3%$280,100 +4.7%
    2012$4,813 -5.9%$267,500 -11.2%
    2011$5,115 -1.3%$301,400 -8.7%
    2010$5,182 -0.1%$330,000 -4.4%
    2009$5,188 -5.6%$345,100 -10%
    2008$5,493 +5.7%$383,500
    2007$5,197 -1.8%$383,500 +2.4%
    2006$5,291 +5.4%$374,600 +3.8%
    2005$5,020 +5.1%$361,000 +4.6%
    2004$4,776 +895%$345,100 +1168.8%
    2003$480 $27,200
    Find assessor info on the county website

    Neighborhood: 55330

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $520,200
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    Estimated market value
    $520,200