$515,000
12423 72nd Street NE
Elk River, MN 55330
MLS# 7089395
5 beds  |  4 baths  |  3254 sqft


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Property Description
Welcome home to this beautiful two-story in the sought-after Martin Farms neighborhood! The main level features an open floor plan with granite countertops, stainless steel appliances (including a new refrigerator and dishwasher), double oven, oversized center island, walk-in pantry, mudroom, gas fireplace and a flex/office space just off the entry, all bathed in natural light. Upstairs, the primary suite offers an en-suite bath and spacious walk-in closet, plus three additional bedrooms (two with a walk-in closet), a full bath, and laundry. The fully finished basement adds a family room, bedroom, ¾ bath, and tons of storage, ideal for entertaining or extra living space. Outside, enjoy an underground pet fence, in-ground irrigation, and a peaceful backyard overlooking a private pond with winter ice skating! Community amenities include two pools, walking trails, parks, and a basketball court. Schedule your showing today!

Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $515,000
Original List Price: 525000
ListPrice: 515000
List Date: 2026-06-09
Office/Member Info
Association: SPAAR
General Property Information
Assoc Mgmt Co. Phone #: 952-277-2700
Association Fee Frequency: Monthly
Association Mgmt Co. Name: First Service Residential
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront YN: No
Year Built: 2016
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 88x160x75x160
Acres: 0.26
Bath Three Quarters: 0
Bath Half: 1
Bath Quarter: 0
Main Floor Total SqFt: 1100
Above Grd Total SqFt: 2354
Below Grd Total SqFt: 900
Total SqFt: 3254
Total Finished Sqft: 3086.00
FireplaceYN: Yes
Foundation Size: 1000
Style: (SF) Single Family
Garage Stalls: 3
Association Fee: 76
Assessment Pending: No
Bedrooms: 5
Baths Total: 4
Bath Full: 3
Location, Tax and Other Information
AssocFeeYN: Yes
Legal Description: SECT-30 TWP-121 RANGE-023 MARTIN FARMS 2ND ADD LOT-004 BLOCK-003
Listing City: Otsego
Map Page: 47
Municipality: Otsego
School District: Elk River
School District Phone: 763-241-3400
Zip Plus 4: 5098
Property ID Number: 118275003040
Tax Year: 2025
Tax Amount: 4690
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome home to this beautiful two-story in the sought-after Martin Farms neighborhood! The main level features an open floor plan with granite countertops, stainless steel appliances (including a new refrigerator and dishwasher), double oven, oversized center island, walk-in pantry, mudroom, gas fireplace and a flex/office space just off the entry, all bathed in natural light. Upstairs, the primary suite offers an en-suite bath and spacious walk-in closet, plus three additional bedrooms (two with a walk-in closet), a full bath, and laundry. The fully finished basement adds a family room, bedroom, ¾ bath, and tons of storage, ideal for entertaining or extra living space. Outside, enjoy an underground pet fence, in-ground irrigation, and a peaceful backyard overlooking a private pond with winter ice skating! Community amenities include two pools, walking trails, parks, and a basketball court. Schedule your showing today!
Directions: 70th St W, turn right on Martin Farms Ave NE, turn right on 72nd Ave NE, property on the righ
Accessible
Hallways 42"+: 1
Air Conditioning
Central Air: 1
Amenities Unit
Hardwood Floors: 1
In-Ground Sprinkler: 1
Kitchen Window: 1
Primary Bedroom Walk-In Closet: 1
Walk-In Closet: 1
Other: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 4690
Association Fee Includes
Professional Mgmt: 1
Recreation Facility: 1
Other: 1
Assumable Loan
Not Assumable: 1
Basement
Drain Tiled: 1
Sump Pump: 1
Bath Description
Main Floor 1/2 Bath: 1
Upper Level Full Bath: 1
Full Primary: 1
Building Information
Finished SqFt Above Ground: 2354
Finished SqFt Below Ground: 732
Construction Status
Previously Owned: 1
Existing Financing
Conventional: 1
Exterior
Brick/Stone: 1
Vinyl: 1
Fencing
Electric: 1
Fireplace Characteristics
Electric: 1
Foundation
Poured Concrete: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Internet Options
Fiber Optic: 1
Laundry
Upper Level: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 630
Pool Description
Shared: 1
Public Survey Info
Range#: 23
Section#: 30
Township#: 121
Roof
Architectural Shingle: 1
Sellers Terms
Cash: 1
Conventional: 1
FHA: 1
Other: 1
VA: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Water
City Water/Connected: 1
Waterfront Type
Pond: 1
Location Tax and Other Information
House Number: 12423
Street Name: 72nd
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Elk River
County: Wright
State: MN
Zip Code: 55330
Complex/Dev/Subdivision: Martin Farms 2nd Add
Property Features
Accessible: Hallways 42"+
Air Conditioning: Central Air
Amenities Unit: Hardwood Floors; In-Ground Sprinkler; Kitchen Window; Primary Bedroom Walk-In Closet; Walk-In Closet; Other
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator
Association Fee Includes: Professional Mgmt; Recreation Facility; Other
Assumable Loan: Not Assumable
Basement: Drain Tiled; Sump Pump
Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary
Construction Status: Previously Owned
Existing Financing: Conventional
Exterior: Brick/Stone; Vinyl
Fencing: Electric
Fireplace Characteristics: Electric
Foundation: Poured Concrete
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Fiber Optic
Laundry: Upper Level
Lock Box Type: Combo
Pool Description: Shared
Roof: Architectural Shingle
Sellers Terms: Cash; Conventional; FHA; VA; Other
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Waterfront Type: Pond
Room Information
Room Name Dimensions Level
Dining Room12.7x10.4Main
First (1st) Bedroom14x14.3Upper
Kitchen12.7x11Main
Living Room18.2x17.5Main
Fifth (5th) Bedroom9.6x11.8Lower
Fourth (4th) Bedroom10.9x10.5Upper
Second (2nd) Bedroom10.2x11.1Upper
Third (3rd) Bedroom10.6x10.8Upper

IDX
Listing Office: Fuze Real Estate

Last Updated: June - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.


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