NOT LISTED FOR SALE

5423 5423 Elm Grove Ave New Hope, MN 55428

Estimated Value: $279,000 - $284,000

3 Beds
2 Baths
1,662 Sq Ft
$175/mo HOA Fee

Last Sold January 24, 2014

Last sale price $118,557 $71 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,085/month

189 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Side by Side Parking
  • Property is near public transit
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of January 2014

Location, location, location. Spacious 3BR 2BA townhome in great condition. Open floor plan, formal dining, vaulted ceilings, master suite w/full bath & walk-in closet. Close to bus, shops, restaurants and more.

Last Agent to Sell the Property

Mary Spears

Edina Realty, Inc. Listed on: 06/07/2013

Last Buyer's Agent

Josh Pomerleau

Keller Williams Classic Rlty NW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 2004

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,662 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathroom on Main Level

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Side by Side Parking

Additional Features

  • Deck
  • Few Trees
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0511821330237

Community Details

Overview

  • Association fees include exterior maintenance, snow removal, trash

Amenities

  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,360

Year Built

Built in 2004

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Ceiling Fans, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1662
  • Parcel Number: 0511821330237
  • Projected Closed Date: 01/24/2014
  • Street Designation: Avenue
  • Taxes With Assessments: 1360
  • Comp Dev Subdiv Name: Winnetka Gree
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Range/Stove
  • Total Bedrooms: 3
  • Bathroom Description: Full Master, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x13, On Level: Upper
  • Room 2: Dining Room, 13x10, On Level: Upper
  • Room 4: Kitchen, 16x11, On Level: Upper
  • Room 5: Bedroom, 15x13, On Level: Upper
  • Room 6: Bedroom, 15x11, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 9: Deck
  • Finished Above Grade Sq Ft: 1662
  • Total Fin Square Footage: 1662

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash
  • Shared: Deck
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 175

Schools

  • School District: Robbinsdale #281

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2013
  • Tax Value: 1360

MLS Schools

  • School District: Robbinsdale #281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jan 24, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Home Sweet Homes Llc
Seller's Agent
Mary Spears
Edina Realty, Inc.
Buyer's Agent
Josh Pomerleau
Keller Williams Classic Rlty NW
List Price
$152,500
Sold Price
$118,557
Premium/Discount to List
-$33,943
-22.26%
Current Estimated Value
$282,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,540
Avg. Annual Appreciation
7.38%
Original Mortgage
$101,250
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 7, 2013
Closed on
Dec 11, 2013
Seller's Agent
Mary Spears
Edina Realty, Inc.
Buyer's Agent
Josh Pomerleau
Keller Williams Classic Rlty NW
List Price
$152,500
Sold Price
$118,557
Premium/Discount to List
-$33,943
-22.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 13, 2012
Sold by
Favreau Ellen M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 23, 2004
Sold by
The Ryland Group Inc
Bought by
Favreau Ellen M and Favreau Edward Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,150
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Home Sweet Homes Llc -- Liberty Title Inc
-- $118,600 --
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $186,734 --
Favreau Ellen M $210,490 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Home Sweet Homes Llc $120,800
Closed Home Sweet Homes Llc $646,500
Closed Home Sweet Homes Llc $101,250
Closed -- $117,557
Previous Owner Favreau Ellen M $7,878
Previous Owner Favreau Ellen M $204,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $118,557 -22.3% $71 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $152,500 -- $92 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,509 $256,500 $27,000 $229,500
2022 $3,471 $262,000 $27,000 $235,000
2021 $3,241 $218,000 $27,000 $191,000
2020 $3,107 $202,000 $27,000 $175,000
2019 $3,323 $186,000 $26,000 $160,000
2018 $2,886 $180,000 $24,000 $156,000
2017 $2,658 $149,000 $24,000 $125,000
2016 $2,462 $141,000 $20,000 $121,000
2015 $2,577 $148,000 $19,000 $129,000
2014 -- $115,000 $17,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4491875

REALTOR® Association of Southern Minnesota

APN: 05-118-21-33-0237