515 School St NW, Elk River, MN, 55330
About This Home
Welcome to this charming split-level home ideally situated directly across from Lincoln Elementary School in Elk River. The bright main level features an open-concept living and dining area with sliding glass doors opening directly to the back deck—perfect for stepping outside to enjoy the fully fenced yard. Downstairs, the finished lower-level family room centers around a cozy fireplace, offering a comfortable space for everyday living or gatherings. Complete with four bedrooms, two bathrooms, and an attached two-car garage, this well-maintained home offers practical living space in an unbeatable neighborhood location.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1971
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Range,Refrigerator
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedroom
- Level: Main
- Area: 144
- Dimensions: 12x12
Bedroom2
- Level: Main
- Area: 96
- Dimensions: 12x8
Bedroom3
- Level: Lower
- Area: 121
- Dimensions: 11x11
Bedroom4
- Level: Lower
- Area: 96
- Dimensions: 12x8
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Deck
- Level: Main
- Area: 105
- Dimensions: 15x7
Dining Room
- Level: Main
- Area: 80
- Dimensions: 8x10
Family Room
- Level: Lower
- Area: 225
- Dimensions: 15x15
Features
- Number of fireplaces: 1
- Fireplace features: Brick,Family Room,Gas
- Fireplace: Yes
- Finished area below ground: 675
- Finished area above ground: 886
Foyer
- Level: Main
- Area: 28
- Dimensions: 7x4
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,750
- Total interior livable area: 1,561 sqft
Kitchen
- Level: Main
- Area: 80
- Dimensions: 8x10
Living Room
- Level: Main
- Area: 208
- Dimensions: 16x13
Utility Room
- Level: Lower
- Area: 160
- Dimensions: 16x10
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 75004200270
- Zoning description: Residential-Single Family
- Foundation area: 864
Features
- Levels: Multi/Split
- Patio & porch: Deck,Patio
- Fencing: Wood
Lot
- Lot size: 8,712 sqft
- Features: Tree Coverage - Medium
- Lot size dimensions: 65 x 131 x 66 x 131
Parking
- Total spaces: 2
- Parking features: Attached,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Sherburne County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,618 | $19,416 |
| Home Insurance * | $170 | $2,040 |
| Property Taxes | $354 | $4,248 |
| Electricity | $170 | $2,050 |
| Total | $2,312 | $27,744 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Pending sale | $320,000 |
| 2026-07-31 | Listed for sale | $320,000 |
| 2017-07-21 | Sold | $206,000 |
| 2017-06-20 | Pending sale | $199,900 |
| 2017-06-16 | Listed for sale | $199,900 |
| 2015-06-13 | Listing removed | $1,350 |
| 2015-03-09 | Listed for rent | $1,350 |
| 2012-10-03 | Listing removed | $1,295 |
| 2012-09-21 | Listed for sale | $1,295 |
| 2011-03-05 | Listing removed | $1,195 |
| 2011-02-18 | Listed for rent | $1,195 |
| 2006-04-17 | Sold | $179,000 |
| 2005-10-27 | Sold | $179,000 |
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