11501 5th St NE Hanover, MN 55341
4
Beds
3.5
Baths
2,615
Sq Ft
9,060
Sq Ft Lot
Highlights
- New Construction
- No HOA
- Home Office
- Hanover Elementary School Rated A-
- Game Room
- Walk-In Pantry
About This Home
As of April 2025Move in NOW! Come experience the small-town charm of Hanover, MN in this cozy four bedroom Preston home in the ever popular community of River's Edge! This charming Preston comes with a finished basement, and three car garage, and no community HOA. The open concept main level creates a seamless flow between the kitchen, dining, and living areas, making it ideal for both everyday living and entertaining. The living room is a true focal point, featuring an electric fireplace with shiplap extending all the way to the ceiling—adding a touch of warmth and sophistication. A front corner home office provides the perfect space to work from home or catch up on personal projects. Upstairs, you'll find three spacious bedrooms, including the luxurious Primary Suite. This private retreat features a tiled shower and a separate entry walk-in closet, offering a peaceful oasis after a long day. The huge finished basement adds even more value to this home! With an extra bedroom, a full bathroom, and a large recreational room perfect for your future home entertainment build out. This stunning Preston is located near beautiful parks, popular eateries, and the highly regarded Buffalo-Hanover-Montrose schools. River's Edge families can also Open Enroll into STMA schools. Don’t miss out on this rare opportunity to live in a peaceful, close-knit community with all the space and amenities you’ve been looking for - schedule your visit today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $114
Year Built
- Built in 2024 | New Construction
Lot Details
- 9,060 Sq Ft Lot
- Lot Dimensions are 70x130x70x130
Parking
- 3 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Electric Fireplace
- Family Room
- Living Room with Fireplace
- Home Office
- Game Room
- Storage Room
- Washer and Dryer Hookup
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
Additional Features
- Air Exchanger
- Sod Farm
Community Details
- No Home Owners Association
- Built by JP BROOKS INC
- River's Edge Community
Listing and Financial Details
- Assessor Parcel Number 108057003020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Apr 25, 2025
Sold by
Jp Brooks Inc
Bought by
Vue Mai and Vang Xeng
Seller's Agent
Josh Pomerleau
JPW Realty
Buyer's Agent
May Lee
eXp Realty
List Price
$469,900
Sold Price
$475,000
Premium/Discount to List
$5,100
1.09%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$954
Avg. Annual Appreciation
-0.59%
Original Mortgage
$460,750
Outstanding Balance
$459,530
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$14,516
Similar Homes in Hanover, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $475,000 | +1.1% | $182 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | For Sale | $469,900 | -- | $180 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $114 | $435,800 | $115,000 | $320,800 |
| 2024 | $114 | $95,000 | $95,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Pomerleau
Seller's Agent in 2025
Josh Pomerleau
JPW Realty
(763) 463-7580
158 in this area
1,372 Total Sales
-
Richard Sauer
R
Seller Co-Listing Agent in 2025
Richard Sauer
JPW Realty
(651) 425-0175
17 in this area
144 Total Sales
-
May Lee
Buyer's Agent in 2025
May Lee
eXp Realty
(612) 644-1962
2 in this area
48 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6650241
APN: 108-057-003020
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