5505 Elm Grove Ct New Hope, MN 55428
3
Beds
3.5
Baths
1,853
Sq Ft
$450/mo
HOA Fee
Highlights
- Deck
- Stainless Steel Appliances
- 2 Car Attached Garage
- 1 Fireplace
- The kitchen features windows
- Living Room
About This Home
As of May 2025Nestled in the highly sought-after Winnetka Green community of New Hope, this stunning 3-bedroom, 4-bathroom townhouse is a rare gem. As a former model home, it boasts premium upgrades throughout, including gleaming hardwood floors, granite countertops, a spacious kitchen island, stainless steel appliances, and rich wooden cabinetry. The upgraded lighting enhances the warm and inviting atmosphere, while the open-concept main level is truly a showstopper. The expansive living room is the perfect space to gather, featuring a dual-sided fireplace that seamlessly connects the dining area and kitchen, creating a cozy yet sophisticated ambiance. Oversized windows flood the home with natural light, highlighting the beautifully painted interiors and thoughtful design. Upstairs, you’ll find generously sized bedrooms, including a luxurious primary suite with a vaulted ceiling, a large walk-in closet, and a spa-like en-suite bathroom complete with dual vanities, a soaking tub, and a walk-in shower. The lower level offers incredible versatility, with a cozy family room that can easily transform into a home office, gym, or guest space, complete with its own 3/4 bathroom. With its prime location near shopping, dining, highways, and major conveniences, this home is perfect for those seeking comfort, style, and functionality. Plus, with rentals allowed, it presents an excellent investment opportunity. Don’t miss your chance to own this exceptional townhouse in one of New Hope’s most desirable neighborhoods!
Last Agent to Sell the Property
Engel & Volkers Lake Minnetonka Listed on: 03/25/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,334
Year Built
- Built in 2004
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 22x58
HOA Fees
- $450 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Family Room
- Living Room
- Washer
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Additional Features
- Air Exchanger
- Deck
- Forced Air Heating and Cooling System
Community Details
- Association fees include lawn care, ground maintenance, professional mgmt, trash, snow removal
- Omega Property Management Association, Phone Number (763) 449-9100
- Winnetka Green Subdivision
Listing and Financial Details
- Assessor Parcel Number 0511821330196
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2025
Closed on
May 19, 2025
Sold by
Burns-Eisendrath Kiley and Tungesvick Evan
Bought by
Price Hannah and Price Ethan
Seller's Agent
Deidre Reinhart
Engel & Volkers Lake Minnetonka
Buyer's Agent
Carissa Kemnitz
Coldwell Banker Realty
List Price
$310,000
Sold Price
$306,000
Premium/Discount to List
-$4,000
-1.29%
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.20%
Original Mortgage
$10,710
Outstanding Balance
$10,710
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$287,812
Purchase Details
Listed on
Mar 22, 2023
Closed on
Apr 12, 2023
Sold by
Gibson Theodore
Bought by
Tungesvick Evan and Burns-Eisendrath Kiley
Seller's Agent
Cariana Chambers
Keller Williams Classic Rlty NW
Buyer's Agent
Deidre Reinhart
Engel & Volkers Lake Minnetonka
List Price
$279,900
Sold Price
$290,000
Premium/Discount to List
$10,100
3.61%
Views
95
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Purchase Details
Closed on
Oct 11, 2019
Sold by
Dinh Kristina and Rcom John
Bought by
Gibson Theodore
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,980
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 2017
Sold by
Kude Thien J
Bought by
Dinh Kristina
Purchase Details
Listed on
Jul 11, 2014
Closed on
Sep 26, 2014
Sold by
Zhakevich Andrey Andrey
Bought by
Kude Thien Thien
Seller's Agent
Svetlana Yatskina
Discovery Group, Inc
Buyer's Agent
Lisa Nguyen
Counselor Realty, Inc
List Price
$194,900
Sold Price
$177,000
Premium/Discount to List
-$17,900
-9.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Purchase Details
Closed on
Jun 30, 2010
Sold by
Lee Lynelle
Bought by
Zhakevich Andrey and Zhakevich Tatyana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,727
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 15, 2008
Sold by
Onipede Olajumoke
Bought by
Lee Lynelle
Purchase Details
Closed on
Jul 31, 2006
Sold by
Model Homes Llc
Bought by
Onipede Olajumoke
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 | $306,000 | Ancona Title | |
| Warranty Deed | $290,000 | Land Title | |
| Warranty Deed | $234,000 | Executive Title | |
| Warranty Deed | $175,000 | None Available | |
| Deed | $177,000 | -- | |
| Warranty Deed | $119,900 | -- | |
| Warranty Deed | $159,000 | -- | |
| Warranty Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,710 | New Conventional | |
| Open | $300,457 | New Conventional | |
| Previous Owner | $226,980 | New Conventional | |
| Previous Owner | $117,727 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $306,000 | +2.0% | $165 / Sq Ft |
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | Price Changed | $299,900 | -3.3% | $162 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $310,000 | +6.9% | $167 / Sq Ft |
| 04/12/2023 04/12/23 | Sold | $290,000 | +3.6% | $147 / Sq Ft |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | For Sale | $279,900 | +58.1% | $142 / Sq Ft |
| 09/26/2014 09/26/14 | Sold | $177,000 | -9.2% | $74 / Sq Ft |
| 09/02/2014 09/02/14 | Pending | -- | -- | -- |
| 07/11/2014 07/11/14 | For Sale | $194,900 | -- | $82 / 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 | $4,004 | $281,000 | $36,900 | $244,100 |
| 2022 | $3,486 | $279,000 | $37,000 | $242,000 |
| 2021 | $3,378 | $233,000 | $37,000 | $196,000 |
| 2020 | $3,508 | $225,000 | $37,000 | $188,000 |
| 2019 | $3,291 | $210,000 | $34,000 | $176,000 |
| 2018 | $3,042 | $196,000 | $20,000 | $176,000 |
| 2017 | $2,752 | $171,000 | $20,000 | $151,000 |
| 2016 | $2,753 | $167,000 | $18,000 | $149,000 |
| 2015 | $2,421 | $149,000 | $17,000 | $132,000 |
| 2014 | -- | $116,000 | $18,000 | $98,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Deidre Reinhart
Engel & Volkers Lake Minnetonka
(612) 889-2682
67 Total Sales
-
Buyer's Agent in 2025
Carissa Kemnitz
Coldwell Banker Realty
(913) 710-0092
33 Total Sales
-
Seller's Agent in 2023
Cariana Chambers
Keller Williams Classic Rlty NW
(952) 484-5847
46 Total Sales
-
Seller Co-Listing Agent in 2023
Victoria Chambers
Keller Williams Classic Rlty NW
(612) 481-1760
81 Total Sales
-
S
Seller's Agent in 2014
Svetlana Yatskina
Discovery Group, Inc
-
L
Buyer's Agent in 2014
Lisa Nguyen
Counselor Realty, Inc
Map
Source: NorthstarMLS
MLS Number: 6691357
APN: 05-118-21-33-0196
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