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2008 Nelson Dr, Thief River Falls, MN, 56701

3beds
2baths
2,576sqft
$325,000
$126price/sqft
$2,513/moest. monthly cost
$100,520/yrincome needed

About This Home

New Construction turn-key home available in a prime area just minutes from all your daily needs. All kitchen appliances and Central air is installed and included and basement is fully finished! Spacious open floor plan with modern kitchen featuring white cabinetry and stainless-steel appliances. Nice large island for all your cooking and food prep needs. Lazy Susan and deep drawers for lots of storage. Main level features master bedroom with a walk-in closet and flex room for office or playroom. Down in the fully finished lower level you will find a large family room perfect for a home theatre set-up. Large closet for a playroom or storage under the stairs. 2 more bedrooms with egress windows and a full bathroom. Fully finished laundry room with plenty of space to add some custom cabinets or hanging areas and some built-in shelving. Sump pump with app to phone to alarm you if any troubles. Take all the worry out of home ownership with all new mechanicals and appliances. Make this home yours and put your creative stamp on the finishing touches!

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

5/10
5/10
Franklin Middle SchoolGrades 6-80.8 mi
5/10

Construction

Condition

  • New construction: Yes
  • Year built: 2022

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle
  • Construction materials: Frame

Other

  • Builder name: NORTHWEST MINNESOTA HOUSING COOPERATIVE

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Electric Dryer Hookup,Lower Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Egress Window(s),Finished,Full,Storage Space,Sump Basket,Sump Pump

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 1,288
  • Finished area above ground: 1,288

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,576
  • Total interior livable area: 2,576 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2512102310
  • Zoning description: Residential-Single Family
  • Foundation area: 1316

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch,Patio

Lot

  • Lot size: 7,492 sqft
  • Features: Sod Included in Price
  • Lot size dimensions: 60 x 125

Parking

  • Total spaces: 2
  • Parking features: Attached
  • 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

  • Inland Flooding
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters in Pennington County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$207$2,484
Property Taxes $446$5,352
Electricity $217$2,607
Total$2,513$30,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,160/yr
40% on housing$75,390/yr
45% on housing$67,013/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 56701$117
Pennington County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 56701
Pennington County$143

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)

Price History

DateEventPrice
2026-03-28Listed for sale$325,000
2026-01-01Listing removed$330,000
2025-05-05Price change$330,000
2025-03-28Listed for sale$320,000
2024-12-10Listing removed--
2024-07-26Listed for sale$320,000

New Construction

AgentCarisa Novak
BrokerageEdina Realty, Inc.

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