NOT LISTED FOR SALE

8408 40th Ave N New Hope, MN 55427

Northwood East Neighborhood

Estimated Value: $376,000 - $411,000

3 Beds
2 Baths
1,668 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 8408 40th Ave N, New Hope, MN 55427 and is currently estimated at $390,695, approximately $234 per square foot. 8408 40th Ave N is a home located in Hennepin County with nearby schools including Sonnesyn Elementary School, Plymouth Middle School, and Armstrong High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Huo Ming and Huo Amy
Bought by
Turan Sophaly and Turan Justin
Current Estimated Value
$390,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Outstanding Balance
$331,226
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$53,599

Purchase Details

Closed on
Jul 15, 2022
Sold by
Huo and Amy
Bought by
Turan Justin Lee and Turan Sophaly Uy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Outstanding Balance
$331,226
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$53,599

Purchase Details

Closed on
Jan 24, 2020
Sold by
Wahlander Nils E and Wahlander Amanda
Bought by
Huo Ming and Huo Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Kleve Thomas R and Kleve Heather S
Bought by
Wahlander Nils E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Sold by
Olson Morrill E and Olson Gloria I
Bought by
Kleve Thomas R and Kleve Heather S
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
Turan Sophaly $365,000 --
Turan Justin Lee $365,000 Burnet Title
Huo Ming $319,900 Edina Realty Title Inc
Wahlander Nils E $250,000 --
Kleve Thomas R $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turan Justin Lee $39,000
Open Turan Sophaly $346,750
Closed Turan Justin Lee $346,750
Previous Owner Huo Ming $294,450
Previous Owner Huo Ming $293,000
Previous Owner Wahlander Nils E $200,000
Previous Owner Wahlander Nils E $25,000
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 $5,335 $363,600 $107,000 $256,600
2022 $4,633 $359,000 $111,000 $248,000
2021 $4,068 $299,000 $88,000 $211,000
2020 $3,965 $265,000 $82,000 $183,000
2019 $3,893 $249,000 $79,000 $170,000
2018 $3,488 $235,000 $68,000 $167,000
2017 $3,356 $212,000 $53,000 $159,000
2016 $3,297 $204,000 $57,000 $147,000
2015 $3,174 $198,000 $58,000 $140,000
2014 -- $191,000 $64,000 $127,000
Source: Public Records

Map

Minnesota Hennepin County New Hope 55427 Northwood East

8408 40th Ave N, New Hope, MN

This home is located at 8408 40th Ave N, New Hope, MN 55427 and is currently estimated at $390,695, approximately $234 per square foot. 8408 40th Ave N is a home located in Hennepin County with nearby schools including Sonnesyn Elementary School, Plymouth Middle School, and Armstrong 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.

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