Active with contingency

Price cut: $16K (9/4)

$399,900

517 5 1/2 St NW, Elk River, MN 55330

4beds

2,676sqft

$2,574/mo

Get pre-qualified

Single Family

Built in 1978

10,454 Square Feet Lot

$-- Zestimate^®

$149/sqft

$-- HOA

What's special

Outdoor living spaceNew light fixturesMain-floor laundry

4 bedroom, 2 bath, 2,676 finished sq ft home with major recent updates. 2025 kitchen and appliances, roof (2022), lower-level carpet and gutters (2025), updated deck (2024), exterior paint and privacy fence (2023), full interior paint (2022), plus new light fixtures and ceiling fans. Lower level is a private suite with 2 bedrooms, bath, and kitchenette, and separate access from a garage side door and dedicated stairs. Use as one home or keep the levels independent. Main-floor laundry, heated 2-car garage with direct lower-level access, landscaping, and outdoor living space. Elk River location near schools, shopping, and major routes.

16 days
849
71

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Bedroom

Level: Main
Area: 170.87 Square Feet
Dimensions: 14.11x12.11

Bedroom 2

Level: Main
Area: 145.54 Square Feet
Dimensions: 13.10x11.11

Bedroom 3

Level: Lower
Area: 149.5 Square Feet
Dimensions: 13x11.5

Bedroom 4

Level: Lower
Area: 148.14 Square Feet
Dimensions: 13.11x11.3

Dining room

Level: Main
Area: 213.3 Square Feet
Dimensions: 15.8x13.5

Kitchen

Level: Main
Area: 171.2 Square Feet
Dimensions: 16x10.7

Living room

Level: Main
Area: 365.4 Square Feet
Dimensions: 21x17.4

Office

Level: Lower
Area: 163.85 Square Feet
Dimensions: 14.5x11.3

Porch

Level: Main
Area: 196.83 Square Feet
Dimensions: 24.3x8.10

Sitting room

Level: Lower
Area: 189.54 Square Feet
Dimensions: 16.2x11.7

Utility room

Level: Lower
Area: 140.4 Square Feet
Dimensions: 12x11.7

Heating

Forced Air, Fireplace(s)

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Features

Basement: Block,Daylight,Egress Window(s),Finished,Full,Storage Space
Number of fireplaces: 1
Fireplace features: Family Room, Gas

Interior area

Total structure area: 2,827
Total interior livable area: 2,676 sqft
Finished area above ground: 1,589
Finished area below ground: 1,087

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, More Parking Onsite for Fee, RV Access/Parking, Storage
Attached garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None
Fencing: Privacy,Wood

Lot

Size: 10,454 Square Feet
Dimensions: 102 x 102
Features: Tree Coverage - Medium

Details

Foundation area: 1238
Parcel number: 75004290140
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block, Frame

Condition

New construction: No
Year built: 1978

Utilities & green energy

Electric: 200+ Amp Service
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Elk River Home Add

HOA

Has HOA: No

Location

Region: Elk River

Financial & listing details

Price per square foot: $149/sqft
Tax assessed value: $359,300
Annual tax amount: $4,652
Date on market: 8/24/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/4/2026	Price change	$399,900-3.8%$149/sqft
Source: NorthstarMLS as distributed by MLS GRID #7130788 Report a problem
8/28/2026	Listed for sale	$415,900+26%$155/sqft
Source: NorthstarMLS as distributed by MLS GRID #7130788 Report a problem
6/11/2021	Sold	$330,000$123/sqft
Source: NorthstarMLS as distributed by MLS GRID #5750994 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,538 +1.7%	$345,087 +1.1%
2024	$4,460 -4.5%	$341,490 -2.1%
2023	$4,672 +25.2%	$348,729 +1.9%
2022	$3,732 +3.3%	$342,298 +50.8%
2021	$3,614 +2.3%	$226,976 +6%
2020	$3,534 -2.2%	$214,114 -7.1%
2019	$3,614 +2.3%	$230,600 +8%
2018	$3,534 +18.2%	$213,600 +8.8%
2017	$2,990 +5.7%	$196,300 +6.6%
2016	$2,828 -11.8%	$184,100 +22.6%
2015	$3,206	$150,200 +8%
2014	$3,206 +40.4%	$139,100 +8.6%
2013	$2,283 +37.9%	$128,100 +5.3%
2012	$1,655 -30.9%	$121,600 -12.6%
2011	$2,397 -5.5%	$139,200 -19.4%
2010	$2,536 +0.5%	$172,800 -3.8%
2009	$2,522 -36.1%	$179,600 -13.5%
2008	$3,950 +40.2%	$207,600
2007	$2,818 -1.9%	$207,600 +2.3%
2006	$2,872 +6.1%	$203,000 +4.5%
2005	$2,706 +6.5%	$194,300 +6%
2004	$2,541 +5.1%	$183,300 +8.5%
2003	$2,418 +6%	$168,900 +10%
2002	$2,282 -14.7%	$153,500 +8.2%
2001	$2,674	$141,900