NOT LISTED FOR SALE

5220 Sumter Ave N New Hope, MN 55428

Elm Grove Neighborhood

Estimated Value: $310,000 - $327,000

4 Beds
2 Baths
982 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 5220 Sumter Ave N, New Hope, MN 55428 and is currently estimated at $317,413, approximately $323 per square foot. 5220 Sumter Ave N is a home located in Hennepin County with nearby schools including Meadow Lake Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Hodroff Gregg V
Bought by
Mcgill Balleh
Current Estimated Value
$317,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,689
Outstanding Balance
$207,871
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$102,398
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgill Balleh $238,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Balleh $14,504
Closed Mcgill Balleh $10,444
Open Mcgill Balleh $233,689
Closed Mcgill Balleh $233,689
Previous Owner Hodroff Gregg Victor $12,000
Previous Owner Hodroff Gregg Victor $15,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2023 $4,420 $275,100 $66,000 $209,100
2022 $3,581 $275,000 $75,000 $200,000
2021 $3,295 $232,000 $72,000 $160,000
2020 $3,139 $213,000 $58,000 $155,000
2019 $3,088 $204,000 $59,000 $145,000
2018 $2,721 $193,000 $51,000 $142,000
2017 $2,556 $169,000 $43,000 $126,000
2016 $2,572 $166,000 $47,000 $119,000
2015 $2,490 $162,000 $48,000 $114,000
2014 -- $145,000 $45,000 $100,000
Source: Public Records

Map

Minnesota Hennepin County New Hope 55428 Elm Grove

5220 Sumter Ave N, New Hope, MN

This home is located at 5220 Sumter Ave N, New Hope, MN 55428 and is currently estimated at $317,413, approximately $323 per square foot. 5220 Sumter Ave N is a home located in Hennepin County with nearby schools including Meadow Lake Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

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