7988 Elder Ln, Palmyra, MO 63461
Property image
Property image
OFF MARKET
Listed by Jennifer Wood, Fretwell and Associates, LLC, (573) 767-5436 . Bought with Ragar Realty

7988 Elder Ln
Palmyra, MO 63461

  • 4 Beds
  • 2 Baths
  • 1,769 sqft (on 21 acres)

$358,700

Trulia Estimate
as of Aug 5, 2026
Est. Refi. Payment $2,198/mo*

$358,700

Trulia Estimate
as of Aug 5, 2026
Est. Refi. Payment $2,198/mo*
4 Beds
2 Baths
1,769 sqft
(on 21 acres)

Local Information

  • Map ViewExplore the area around 7988 Elder Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1903
Lot Size
21 acres
Living Area
1,769 sqft
Price/Sqft
$203
Parking
Garage

About this House

Wow - don't miss this one! These do not come along often - this 21 ac m/l tract is located just east of Palmyra, MO off blacktop Hwy 168 and sits atop the bluff overlooking the river bottoms below.  The 1,769 sq ft 4-bed, 2-bath farmhouse offers big rooms, updated interior, basement & the best front porch views around.  The main level includes a spacious master, big living room, kitchen, full bath and the original staircase.  Upstairs you'll find 3 bedrooms and another full bath.  The basement houses the utilities and offers more storage.  There are a couple smaller sheds outside, a big garden site and gorgeous views in any direction. If you'd rather build - there are multiple building site options on this tract as well, with sites overlooking the lake, or this tract could be further subdivided with room for several new home sites. Located just minutes from Palmyra, this is in the Palmyra School District and a quick 15-minute drive to Quincy, IL or Hannibal, MO. Additional Rooms: Mud Room
7988 Elder Ln, Palmyra, MO 63461 is a 4 bedroom, 2 bathroom, 1,769 sqft single-family home built in 1903. It last sold for $280,000 on Jul 14, 2023 (7% below the $299,500 asking price). It is currently off market. The Trulia Estimate is $358,700, with a rent estimate of $1,850/month.

Home Details for 7988 Elder Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Unfinished,Walk-Up AccessNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1769 Square Feet
Appliances & Utilities
Appliances: Other, Electric Water HeaterLaundry: Main Level
Heating & Cooling
Heating: Electric,Baseboard,Forced AirHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Wood FramesFlooring: Carpet
Levels, Entrance, & Accessibility
Levels: TwoFloors: Carpet
View
Has a View

Exterior Features

Exterior Home Features
Patio / Porch: CoveredOther Structures: Shed(s)
Parking & Garage
No CarportNo GarageParking: Detached,Storage,Workshop in Garage
Frontage
Waterfront: WaterfrontRoad Surface Type: GravelNot on Waterfront
Farm & Range
Allowed to Raise Horses
Finished Area
Finished Area (above surface): 1769 Square FeetFinished Area (below surface): 810 Square Feet

Days on Market

Cumulative Days on Market: 43

Property Information

Year Built
Year Built: 1903
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other,Traditional
Building
Construction Materials: Aluminum Siding
Property Information
Parcel Number: 008.05.21.0.00.002.000

Price & Status

Price
List Price: $299,500
Status Change & Dates
Off Market Date: Fri Jul 14 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: PalmyraCommunity: None
School Information
Elementary School: Palmyra Elem.Jr High / Middle School: Palmyra MiddleHigh School: Palmyra HighHigh School District: Palmyra R-I

Building

Building Area
Building Area: 1769 Square Feet

HOA

Association for this Listing: Mark Twain Association of REALTORS

Lot Information

Lot Area: 21 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Private

Miscellaneous

BasementMls Number: 23029748Above Grade Unfinished Area: 1769Showing Requirements: Showing Service, Appointment Only
Last check for updates: about 4 hours ago
Listed by Jennifer Wood, (573) 767-5436
Fretwell and Associates, LLC
Bought with: Lisa D Arment, (573) 406-8012, Ragar Realty
Originating MLS: Mark Twain Association of REALTORS
Source: MARIS, MLS#23029748

Price History for 7988 Elder Ln

DatePriceEventSource
07/14/2023--Sold
MARIS #23029748
07/10/2023$299,500PendingMARIS #23029748
06/14/2023$299,500ContingentMARIS #23029748
05/29/2023$299,500Listed For SaleMARIS #23029748

Market trends in Palmyra

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
15
3
MoM
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Property Tax and Assessment

Year2024
Tax$24
Assessment$3,630
Home facts updated by county records

Comparable Sales for 7988 Elder Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.79
Single-Family Home
-
09/26/25
5
2
2,280
1.10
Single-Family Home
-
08/13/25
-
1,040
2.69
Single-Family Home
-
07/15/26
4
3
2,400
2.79
Single-Family Home
-
10/17/25
3
2
2,042
3.01
Single-Family Home
-
03/27/26
4
2
2,558
2.93
Single-Family Home
-
02/20/26
3
2
1,248
3.00
Single-Family Home
-
10/16/25
4
2
2,756
3.05
Single-Family Home
-
03/20/26
3
1.5
1,956
2.97
Single-Family Home
-
10/16/25
3
2
1,290
3.02
Single-Family Home
-
08/12/25
3
1.5
2,096

Nearby homes

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What Locals Say about Palmyra

At least 8 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 91 % Say parking is easy

  • 85 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 80 % Say yards are well-kept

  • 73 % Say there are sidewalks

  • 70 % Say people would walk alone at night

  • 70 % Say it's quiet

  • 63 % Say neighbors are friendly

  • 56 % Say car is needed

  • 55 % Say it's walkable to grocery stores

  • 50 % Say streets are well-lit

  • 40 % Say there are community events

  • 33 % Say they plan to stay for at least 5 years

  • 30 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Gregory.v
    "The schools are great and they work with your children. There are lots of kid friendly activities and summer activities. "
  • p.gregory
    "The schools are great! Lots of families! Folks are friendly. The county fair is held here and that includes a rodeo for all you cowboys! “Taste of Palmyra” is held in early autumn and it a hit! "
  • Matt H.
    "It’s quiet and the people here are usually very friendly. The neighborhoods are pretty well kept up. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 7988 Elder Ln

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Off Market Homes Near 7988 Elder Ln

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