5401 Rhode Island Ave N New Hope, MN 55428
Elm Grove Neighborhood
4
Beds
2
Baths
2,196
Sq Ft
10,454
Sq Ft Lot
Highlights
- 1 Fireplace
- Porch
- Forced Air Heating and Cooling System
- No HOA
- 2 Car Attached Garage
- 4-minute walk to Elm Grove Park
About This Home
As of May 2025* Multiple Offers Received Highest and Best due Monday 4/21 at 10 am*Welcome to this beautifully maintained 4-bedroom, 2-bath home in a quiet New Hope neighborhood. With 2,200 sq ft of comfortable living space, this home offers a warm and inviting layout featuring three bedrooms on one level, a cozy gas fireplace, and a spacious 3-season porch that overlooks a backyard oasis. The landscaped yard is bursting with vibrant flowers and perennials, creating a peaceful retreat right at home. Recent updates include a remodeled bathroom in 2021 and a new roof in 2023. Enjoy the convenience of a heated garage and a large garden shed for all your outdoor tools and storage. This home has been lovingly cared for and is move-in ready—don’t miss your chance to make it yours!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 651-769-5329 Listed on: 04/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,886
Year Built
- Built in 1963
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 79x130
- Property is Fully Fenced
- Chain Link Fence
Parking
- 2 Car Attached Garage
- Heated Garage
Home Design
- Split Level Home
Interior Spaces
- 1 Fireplace
- Family Room
- Combination Dining and Living Room
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Lawrence L Petersons Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0511821330076
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
May 30, 2025
Sold by
Koshiol Heather M and Young Joel R
Bought by
Nelson Jackson and Steinbach Brandi
Seller's Agent
Joshua Leonhardt
Coldwell Banker Realty
Buyer's Agent
Lori Anderson
Engel & Volkers Prior Lake
List Price
$349,900
Sold Price
$391,200
Premium/Discount to List
$41,300
11.8%
Views
133
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.46%
Original Mortgage
$330,564
Outstanding Balance
$330,283
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$16,251
Purchase Details
Closed on
Oct 24, 2003
Sold by
Galer Cindy J and Galer Temy L
Bought by
Young Heather M Joel R
Similar Homes in the area
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 |
|---|---|---|---|
| Warranty Deed | $391,200 | Burnet Title | |
| Warranty Deed | $249,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,564 | New Conventional | |
| Previous Owner | $55,000 | New Conventional | |
| Previous Owner | $187,425 | New Conventional | |
| Previous Owner | $197,485 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $391,200 | +11.8% | $178 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | For Sale | $349,900 | -- | $159 / 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 |
|---|---|---|---|---|
| 2023 | $4,886 | $336,500 | $66,000 | $270,500 |
| 2022 | $4,430 | $339,000 | $75,000 | $264,000 |
| 2021 | $4,035 | $288,000 | $72,000 | $216,000 |
| 2020 | $4,038 | $263,000 | $58,000 | $205,000 |
| 2019 | $4,013 | $254,000 | $59,000 | $195,000 |
| 2018 | $3,686 | $242,000 | $51,000 | $191,000 |
| 2017 | $3,527 | $222,000 | $43,000 | $179,000 |
| 2016 | $3,567 | $219,000 | $47,000 | $172,000 |
| 2015 | $3,426 | $212,000 | $48,000 | $164,000 |
| 2014 | -- | $194,000 | $45,000 | $149,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Joshua Leonhardt
Coldwell Banker Realty
(651) 769-5329
1 in this area
488 Total Sales
-
Seller Co-Listing Agent in 2025
Brian Leonhardt
Coldwell Banker Realty
(763) 442-9230
1 in this area
124 Total Sales
-
L
Buyer's Agent in 2025
Lori Anderson
Engel & Volkers Prior Lake
(612) 270-5480
1 in this area
84 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6703910
APN: 05-118-21-33-0076
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