NOT LISTED FOR SALE

5434 Rhode Island Ave N New Hope, MN 55428

Estimated Value: $320,675 - $354,000

3 Beds
2 Baths
2,352 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 19, 2013

Last sale price $135,000 $57 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,183/month

32 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Patio
  • 1-minute walk to Elm Grove Park

About This Home

As of November 2013

Great value, large 4 bedroom rambler, finished basement with 4th bedroom and .75 bath. Main level family room. high efficiency furnace. Needs cosmetics and repairs. Sold as-is. No warranties.

Last Agent to Sell the Property

Garth Johnson

The Realty House Listed on: 10/04/2013

Last Buyer's Agent

Bruce McAlpin

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,108

Year Built

  • 1956

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Partial Basement
  • Sump Pump
  • Drain

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0511821330055

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,108

Year Built

1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.22
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1252
  • Parcel Number: 0511821330055
  • Projected Closed Date: 12/28/2013
  • Stories: 1 Story
  • Taxes With Assessments: 2509
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x14, On Level: Main
  • Room 2: Dining Room, 15x10, On Level: Main
  • Room 3: Family Room, 20x13, On Level: Main
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 13x9, On Level: Main
  • Room 6: Bedroom, 10x12, On Level: Main
  • Room 7: 10x12, On Level: Main
  • Room 8: Bedroom, 13x11, On Level: Lower
  • Room 9: Rec Room, 28x13, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1512
  • Below Grade Finished Sq Ft: 840
  • Total Fin Square Footage: 2352

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Stucco, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Robbinsdale #281

Lot Info

  • Estimated Lot Dimensions: 75x130
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Nov 19, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ih3 Property Minnesota Lp
Seller's Agent
Garth Johnson
The Realty House
Buyer's Agent
Bruce McAlpin
Edina Realty, Inc.
List Price
$143,920
Sold Price
$135,000
Premium/Discount to List
-$8,920
-6.2%
Current Estimated Value
$337,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,919
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Jan 4, 2012
Sold by
Grosam Paul R
Bought by
Bank Of America National Association
Source: Public Records

Range of Values:

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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
Ih3 Property Minnesota Lp -- Stewart Title Of Mn Inc
-- $135,000 --
Bank Of America National Association $119,000 --
Bank Of America National Association $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grosam Paul R $173,900
Previous Owner Grosam Paul R $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2013 11/19/13 Sold $135,000 -6.2% $57 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $143,920 -- $61 / 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 $4,108 $277,900 $66,000 $211,900
2022 $3,933 $280,000 $75,000 $205,000
2021 $3,626 $247,000 $72,000 $175,000
2020 $3,808 $226,000 $58,000 $168,000
2019 $3,770 $228,000 $59,000 $169,000
2018 $3,383 $215,000 $51,000 $164,000
2017 $3,216 $189,000 $43,000 $146,000
2016 $3,177 $182,000 $47,000 $135,000
2015 $3,047 $175,000 $48,000 $127,000
2014 -- $153,000 $45,000 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4546673

REALTOR® Association of Southern Minnesota

APN: 05-118-21-33-0055