#6734665, Listing office: ARC Properties
$419,000 List price
402 Richard Dr Elko New Market, MN 55054
4 beds
2 full
2,630 sqft
$159 / sqft
House
Property details
About 402 Richard Dr
Welcome to this beautifully maintained 4-level split home, proudly offered by the original owner and located on a premium corner lot in one of Elko/New Market’s most desirable neighborhoods. Surrounded by mature trees and lush landscaping, this home offers the perfect blend of space, comfort, and style. Step inside to discover soaring vaulted ceilings, oversized widows, and abundant natural light providing an open, airy layout. The main level living room flows perfectly for entertaining or relaxing. The heart of the home features a modern kitchen equipped with updated stainless steel appliances, large center island, informal dining room flowing seamlessly onto a huge maintenance free deck. Ideal for indoor/outdoor dining and gatherings. Retreat to the primary suite complete with a walkin closet and private bath. Three bedrooms on the upper level make this home ideal! The lower level features a huge second family room, gas fireplace, and a bonus/flex space offers endless possibilities from a home office, to a playroom, or fitness area. The fourth level features the fourth bedroom or flex space with a huge egress window. Additional highlights include an oversized three car heated garage, and abundant storage throughout. Located near 35w providing easy access to the south metro! Don't miss your chance to own this rare gem in a prime location—schedule your showing today and experience all this exceptional home has to offer!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,630 sqft
BasementYes
Year built2004
ParkingAttached Garage
MLS #6731982
Attached garage3 spaces
FireplaceElectric, Family Room
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
- Basement: Yes
- Fireplace: Electric, Family Room
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Attached Garage
- Heating: Forced Air
- Cooling: Central Air
- List Price: $419,000
- Price/SqFt: $159
- HOA Amount: $0
- Annual Tax Amount: $4,024
- Tax Year: 2024
- Lot: Corner Lot
- Directions: From 35W take County Road 2 (260th St) East. Turn South on Webster Street, Turn East on Knight Road, Turn South on Richard Drive. Home is on right.
- Year Built: 2004
- Living Area: 2,630 SqFt
- MLS Number: 6731982
- MLS Name: NORTHSTAR
- Office Name: Real Broker, LLC
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 12, 2004 | Home Sold | $239,695 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $365,800 | $4,024 |
| 2023 | $367,500 | $3,856 |
| 2022 | $354,000 | $3,774 |
| 2021 | $297,200 | $3,702 |
History based on county public records data.
Nearby schools
7
Eagle View Elementary
Public District EE-5
0.9 mi
•25600 Nevada Ave
7
Lakeview Elementary School
Public District KG-5
7.5 mi
•20500 Jacquard Ave
5
Lonsdale Elementary School
Public District EE-6
7.8 mi
•1000 Idaho St SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $92,429. Most Elko New Market, MN residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
7%
<35k
50%
35k-100k
36%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
18%
Single, No Kids
8%
Single, with Kids
25%
Married, No Kids
49%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
39%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 402 Richard Dr
The listing price of 402 Richard Dr property is $419,000.
The property 402 Richard Dr is a house located in Elko New Market, Minnesota, 55054.
Active Listing: 402 Richard Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 402 Richard Dr are: Eagle View Elementary (GreatSchools Rating 7/10), Lakeview Elementary School (GreatSchools Rating 7/10), Lonsdale Elementary School (GreatSchools Rating 5/10), McGuire Middle School (GreatSchools Rating 6/10), Kenwood Trail Middle School (GreatSchools Rating 5/10), Century Middle School (GreatSchools Rating 7/10), Lakeville South High School (GreatSchools Rating 8/10), Lakeville Area Learning Center (GreatSchools Rating 2/10), Lakeville North High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $4,024 (source: MLS/based on county public records data).
The last sale was on April 12, 2004 for $239,695 (source: MLS/tax record).
The property at 402 Richard Dr has 4 bedrooms and 3 bathrooms.
The property 402 Richard Dr is 2,630 SqFt (source: MLS/tax record).
The year of construction for 402 Richard Dr is 2004.
This home is located at 402 Richard Dr in Elko New Market, MN and zip code 55054. This 2,630 square foot home was built in 2004. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $419,000.
In June 2025 more than 4 listings in Elko New Market, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Elko New Market, MN between May and June 2025 increased by 3.8%. The median list price of listings available in June 2025 was $462,500, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.