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12305 Ridgewood Dr

Elk River, MN 55330

4 bd 3 ba 2,400 sqft Built 1976 Lot 39,640 sqft single_family
Most recent sale
$267,500
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Price changed $364,900 MLS #6243392
Aug 23, 2022 Price changed $374,900 MLS #6243392
Aug 16, 2022 Price changed $379,900 MLS #6243392
Aug 9, 2022 Price changed $389,900 MLS #6243392
Aug 2, 2022 Listed $399,900 MLS #6243392
May 2, 2022 Sold $267,500 Public Record
Dec 2, 2017 Sold $230,000 MLS #4883010
Oct 9, 2017 Listed $229,000 MLS #10-23632
Sep 18, 2017 Price changed $229,000 MLS #4839871
Aug 30, 2017 Price changed $234,800 MLS #4839871
Aug 15, 2017 Price changed $239,900 MLS #4839871
Jul 25, 2017 Price changed $242,500 MLS #4839871
Jul 17, 2017 Price changed $245,000 MLS #4839871
Jun 8, 2017 Listed $255,000 MLS #10-22627
Nov 21, 2006 Sold $251,450 Public Record
Nov 15, 2006 Sold $231,000 Public Record
Aug 29, 2001 Sold $192,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,690 $150,699 $375,389 $4,978
2023 $213,176 $114,516 $327,692 $4,476
2022 $178,400 $76,800 $255,200 $3,870
2021 $150,401 $65,348 $215,749 $3,440
2020 $150,401 $65,348 $215,749 $3,398
2019 $144,859 $58,791 $203,650 $2,878
2018 $133,655 $54,408 $188,063 $2,676
2017 $116,490 $50,536 $167,026 $2,824
2016 $127,149 $46,962 $174,111 $2,712
2015 $120,000 $44,400 $164,400 $2,610
2014 $111,700 $41,600 $153,300 $2,582
2013 $104,200 $41,100 $145,300 $2,574
2012 $98,500 $42,600 $141,100 $2,768
2011 $110,800 $50,200 $161,000 $3,016
2010 $137,500 $63,200 $200,700 $3,090
2009 $147,200 $67,000 $214,200 $3,154
2008 $168,400 $67,000 $235,400 $3,042
2007 $168,400 $67,000 $235,400 $3,022

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,400 sqft
Lot size
39,640 sqft
ZIP code
55330
City
Elk River
Street
Ridgewood Dr
Coordinates
45.33182, -93.57964

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,605
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12305 Ridgewood Dr last sell?
12305 Ridgewood Dr most recently sold on May 2, 2022 for $267,500.
What is the current tax assessment for 12305 Ridgewood Dr?
The most recent total assessment for 12305 Ridgewood Dr (year 2025) is $375,389 with $4,978 in property tax.
How does 12305 Ridgewood Dr's assessment compare to its last sale price?
The current assessment is 40.3% above the last sale price of $267,500.
When was 12305 Ridgewood Dr built?
12305 Ridgewood Dr was built in 1976.
How does 12305 Ridgewood Dr compare to others on Ridgewood Dr?
We track 8 other properties on Ridgewood Dr. Browse the list under "Other properties on Ridgewood Dr" to compare beds, baths, and sale history.
What are the property facts for 12305 Ridgewood Dr?
12305 Ridgewood Dr is a 4 bed, 3 bath, 2,400 sqft, 39,640 sqft lot single_family.
Is 12305 Ridgewood Dr a flip candidate?
No — 12305 Ridgewood Dr does not appear in our flips dataset.
Is 12305 Ridgewood Dr a tax-appeal candidate?
Yes — 12305 Ridgewood Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast

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