Closed

$391,200

5401 Rhode Island Ave N, New Hope, MN 55428

4beds

2,392sqft

Single Family

Built in 1963

10,454.4 Square Feet Lot

$391,500 Zestimate^®

$164/sqft

$3,141 Estimated rent

Home value

$391,500

$360,000 - $427,000

$3,141/mo

Zestimate^® history

Owner options

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$3,141/mo

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$3,141/mo

Rent Zestimate^®

Refinance and save

$2,458/mo

Est. payment

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$2,458/mo

Est. payment

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What's special

* Multiple Offers Received Highest and Best due Monday 4/21 at 10 am* Welcome to this beautifully maintained 4-bedroom, 2-bath home in a quiet New Hope neighborhood. With 2,200 sq ft of comfortable living space, this home offers a warm and inviting layout featuring three bedrooms on one level, a cozy gas fireplace, and a spacious 3-season porch that overlooks a backyard oasis. The landscaped yard is bursting with vibrant flowers and perennials, creating a peaceful retreat right at home. Recent updates include a remodeled bathroom in 2021 and a new roof in 2023. Enjoy the convenience of a heated garage and a large garden shed for all your outdoor tools and storage. This home has been lovingly cared for and is move-in ready—don’t miss your chance to make it yours!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Bedroom

Level: Upper
Area: 143 Square Feet
Dimensions: 13x11

Bedroom 2

Level: Upper
Area: 130 Square Feet
Dimensions: 13x10

Bedroom 3

Level: Upper
Area: 100 Square Feet
Dimensions: 10x10

Bedroom 4

Level: Lower
Area: 96 Square Feet
Dimensions: 12x8

Dining room

Level: Upper
Area: 110 Square Feet
Dimensions: 11x10

Family room

Level: Main
Area: 340 Square Feet
Dimensions: 20x17

Kitchen

Level: Upper
Area: 72 Square Feet
Dimensions: 9x8

Living room

Level: Main
Area: 260 Square Feet
Dimensions: 20x13

Other

Level: Main
Area: 240 Square Feet
Dimensions: 20x12

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
Laundry: In Basement, Sink

Features

Basement: Egress Window(s),Finished,Full
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 2,392
Total interior livable area: 2,392 sqft
Finished area above ground: 1,196
Finished area below ground: 1,000

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete, Heated Garage
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Four or More Level Split
Patio & porch: Front Porch, Patio
Fencing: Chain Link,Full

Lot

Size: 10,454 sqft
Dimensions: 79 x 130
Features: Near Public Transit, Tree Coverage - Medium

Details

Additional structures: Storage Shed
Foundation area: 1196
Parcel number: 0511821330076
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block
Roof: Age 8 Years or Less,Asphalt

Condition

New construction: No
Year built: 1963

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & neighborhood

Location

Region: New Hope
Subdivision: Lawrence L Petersons Add

HOA & financial

HOA

Has HOA: No

Price history

Date	Event	Price
5/30/2025	Sold	$391,200+11.8%$164/sqft
Source: NorthstarMLS as distributed by MLS GRID #6703910 Report a problem
5/13/2025	Pending sale	$349,900$146/sqft
Source: NorthstarMLS as distributed by MLS GRID #6703910 Report a problem
4/18/2025	Listed for sale	$349,900+40%$146/sqft
Source: NorthstarMLS as distributed by MLS GRID #6703910 Report a problem
12/5/2003	Sold	$249,900$104/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,062 +3.6%	$362,300 +6.9%
2024	$4,886 +0.5%	$338,900 +0.7%
2023	$4,863 +9.8%	$336,500 -0.7%
2022	$4,430 +9.8%	$339,000 +17.7%
2021	$4,035 -0.1%	$288,000 +9.5%
2020	$4,038 +0.1%	$263,000 +3.5%
2019	$4,035 -0.1%	$254,000 +5%
2018	$4,038 +9.6%	$242,000 +9%
2017	$3,686 +4.5%	$222,000 +1.4%
2016	$3,527 -1.1%	$219,000 +3.3%
2015	$3,567 +4.1%	$212,000 +9.3%
2014	$3,426 +7%	$194,000
2013	$3,203 -1.1%	$194,000 -4.4%
2012	$3,240 +1.6%	$203,000 -2.4%
2011	$3,190 -9.6%	$208,000 -16.1%
2010	$3,529 +0.6%	$248,000 -4.2%
2009	$3,510 +6.4%	$259,000 +2.8%
2006	$3,300 +6.1%	$252,000 +11%
2005	$3,111 +8.9%	$227,000 +15%
2004	$2,856 +13.1%	$197,400 +12%
2002	$2,525 -45.6%	$176,300
2001	$4,640	--