NOT LISTED FOR SALE

5501 Elm Grove Ct New Hope, MN 55428

Estimated Value: $305,000 - $321,000

4 Beds
3.5 Baths
2,247 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $125,000 $56 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,181/month

83 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Balcony
  • Vaulted Ceiling
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of January 2012

End-unit was former model home. Cherry hardwood floors on main level, stainless steel GE Profile appliances, family room/kitchen, gas fireplace, cherry woodwork, custom wood blinds, recessed lighting. Charming brick exterior and open layout.

Last Agent to Sell the Property

Alex Goldfarb

Boardwalk Realty Inc Listed on: 10/12/2011

Last Buyer's Agent

Gary Cooper

TheMLSonline.com, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,329

Year Built

  • 2005

Lot Details

  • Sprinkler System
  • Few Trees

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Home Security System
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near public transit

Community Details

  • Association fees include exterior maintenance, snow removal, trash, water

Listing and Financial Details

  • Short Sale

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,329

Year Built

2005

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Side x Side
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Driveway - Asphalt, Inground Sprinkler System
  • Construction: Previously Owned
  • Foundation Size: 800
  • Mechanicals: Water Softener-Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 02/07/2012
  • Street Designation: Court
  • Taxes With Assessments: 2316
  • Special Features: 12
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Dining Room: Combine with Living Room, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 17x11, On Level: Main
  • Room 2: Dining Room, 11x11, On Level: Main
  • Room 3: Family Room, 17x14, On Level: Main
  • Room 4: Kitchen, 12x11, On Level: Main
  • Room 5: Bedroom, 23x13, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 12x11, On Level: Upper
  • Room 8: Bedroom, 14x11, On Level: Lower
  • Basement Features: Drainage System, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1947
  • Below Grade Finished Sq Ft: 300
  • Total Fin Square Footage: 2247

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 165

Schools

  • School District: Robbinsdale #281

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2011
Closed on
Jan 31, 2012
Sold by
Krumgant Vlad
Bought by
Ribnick Marni L and Saffe Marienne
Seller's Agent
Alex Goldfarb
Boardwalk Realty Inc
Buyer's Agent
Gary Cooper
TheMLSonline.com, Inc.
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Total Days on Market
83
Current Estimated Value
$311,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,917
Avg. Annual Appreciation
6.81%
Original Mortgage
$75,000
Outstanding Balance
$52,332
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$248,882

Purchase Details

Closed on
Mar 17, 2008
Sold by
Model Home Llc
Bought by
Meese Sharon

Purchase Details

Closed on
Aug 29, 2006
Sold by
Model Homes Llc
Bought by
Meese Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,900
Interest Rate
10%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

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Range of Values:

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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
Ribnick Marni L $125,000 Signature Title Midwest Serv
Meese Sharon $249,900 --
Krumgant Vlad $192,000 --
Meese Sharon $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribnick Marni L $75,000
Previous Owner Meese Sharon $157,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $125,000 -10.7% $56 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $139,900 -- $62 / 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 $4,329 $301,400 $39,000 $262,400
2022 $3,796 $299,000 $39,000 $260,000
2021 $3,656 $251,000 $39,000 $212,000
2020 $3,642 $241,000 $39,000 $202,000
2019 $3,484 $232,000 $36,000 $196,000
2018 $3,240 $214,000 $21,000 $193,000
2017 $2,904 $188,000 $21,000 $167,000
2016 $2,890 $183,000 $19,000 $164,000
2015 $2,528 $164,000 $18,000 $146,000
2014 -- $127,000 $19,000 $108,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Alex Goldfarb

    Boardwalk Realty Inc

  • G

    Buyer's Agent in 2012

    Gary Cooper

    TheMLSonline.com, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4082687

REALTOR® Association of Southern Minnesota

APN: 05-118-21-33-0195

Minnesota Hennepin County New Hope 55428

5501 Elm Grove Ct, New Hope, MN

This home is located at 5501 Elm Grove Ct, New Hope, MN 55428 since 12 October 2011 and is currently estimated at $311,917, approximately $138 per square foot. This property was built in 2005. 5501 Elm Grove Ct is a home located in Hennepin County with nearby schools including Meadow Lake Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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