NOT LISTED FOR SALE

5509 Sumter Ave N New Hope, MN 55428

Estimated Value: $270,000 - $306,000

3 Beds
2 Baths
975 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 5509 Sumter Ave N, New Hope, MN 55428 and is currently estimated at $281,763, approximately $288 per square foot. 5509 Sumter Ave N is a home located in Hennepin County with nearby schools including Meadow Lake Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2017
Sold by
Descant Kenneth L and Descant Linnea F
Bought by
Descant Kenneth L and Descant Linnea F
Current Estimated Value
$281,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,750
Outstanding Balance
$131,864
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$147,519
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Descant Kenneth L -- Executive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Descant Kenneth L $44,400
Open Descant Kenneth L $154,750
Previous Owner Descant Kenneth L $133,642
Source: Public Records

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 $3,276 $235,300 $62,700 $172,600
2022 $3,177 $239,000 $71,000 $168,000
2021 $2,825 $215,000 $68,000 $147,000
2020 $3,040 $193,000 $55,000 $138,000
2019 $3,051 $182,000 $56,000 $126,000
2018 $2,435 $174,000 $49,000 $125,000
2017 $2,318 $156,000 $41,000 $115,000
2016 $2,346 $154,000 $45,000 $109,000
2015 $2,248 $149,000 $46,000 $103,000
2014 -- $131,000 $43,000 $88,000
Source: Public Records

Map

Minnesota Hennepin County New Hope 55428

5509 Sumter Ave N, New Hope, MN

This home is located at 5509 Sumter Ave N, New Hope, MN 55428 and is currently estimated at $281,763, approximately $288 per square foot. 5509 Sumter Ave N is a home located in Hennepin County with nearby schools including Meadow Lake Elementary School, Robbinsdale Middle School, and Robbinsdale Cooper Senior High School.

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