Nestled 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!
Closed
$306,000
5505 Elm Grove Ct, New Hope, MN 55428
3beds
2,281sqft
(TH) Side x Side
Built in 2004
1,306 Square Feet Lot
$307,700 Zestimate®
$134/sqft
$2,510 Estimated rent
Home value
$307,700
$283,000 - $335,000
$2,510/mo
Zestimate® history
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$2,385/mo
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Zillow last checked:
Listing updated:
Listed by:
Deidre M Reinhart 612-889-2682,
Engel & Volkers Lake Minnetonka
Bought with:
Carissa Kemnitz
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6691357
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 218.04 Square Feet
- Dimensions: 15.8x13.8
Bedroom 2
- Level: Upper
- Area: 105.04 Square Feet
- Dimensions: 10.4x10.1
Bedroom 3
- Level: Upper
- Area: 131.04 Square Feet
- Dimensions: 12.6x10.4
Deck
- Level: Main
- Area: 33.06 Square Feet
- Dimensions: 5.7x5.8
Dining room
- Level: Main
- Area: 199.98 Square Feet
- Dimensions: 18x11.11
Family room
- Level: Lower
- Area: 146.88 Square Feet
- Dimensions: 14.4x10.2
Kitchen
- Level: Main
- Area: 107.88 Square Feet
- Dimensions: 11.6x9.3
Living room
- Level: Main
- Area: 192.2 Square Feet
- Dimensions: 17.3x11.11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Laundry Closet, Lower Level, In Unit
Features
- Basement: Daylight,Finished,Full,Storage Space,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Double Sided, Gas
Interior area
- Total structure area: 2,281
- Total interior livable area: 2,281 sqft
- Finished area above ground: 1,579
- Finished area below ground: 274
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage, Garage Door Opener, Insulated Garage, Tuckunder Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (21x20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: None
Lot
- Size: 1,306 Square Feet
- Dimensions: 22 x 58
Details
- Foundation area: 796
- Parcel number: 0511821330196
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Winnetka Green
HOA
- Has HOA: Yes
- Services included: Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Snow Removal
- HOA fee: $450 monthly
- HOA name: Omega Property Management
- HOA phone: 763-449-9100
Location
- Region: New Hope
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $287,000
- Annual tax amount: $4,334
- Date on market: 3/25/2025
- Cumulative days on market: 33 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Sold | $306,000+2%$134/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6691357 Report a problem | ||
| 5/1/2025 | Pending sale | $299,900$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6691357 Report a problem | ||
| 4/14/2025 | Price change | $299,900-3.3%$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6691357 Report a problem | ||
| 3/28/2025 | Listed for sale | $310,000+6.9%$136/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6691357 Report a problem | ||
| 4/12/2023 | Sold | $290,000+3.6%$127/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6346013 Report a problem | ||
| 4/10/2023 | Pending sale | $279,900$123/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6346013 Report a problem | ||
| 3/24/2023 | Listed for sale | $279,900+19.6%$123/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6346013 Report a problem | ||
| 10/11/2019 | Sold | $234,000-0.4%$103/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5292229 Report a problem | ||
| 8/29/2019 | Price change | $234,900-2.1%$103/sqft |
Source: Direct Access Realty LLC #5210087 Report a problem | ||
| 7/20/2019 | Price change | $239,900-2%$105/sqft |
Source: Direct Access Realty LLC #5210087 Report a problem | ||
| 6/23/2019 | Price change | $244,900-2%$107/sqft |
Source: Direct Access Realty LLC #5210087 Report a problem | ||
| 5/15/2019 | Listed for sale | $249,900$110/sqft |
Source: Direct Access Realty LLC #5210087 Report a problem | ||
| 5/15/2019 | Pending sale | $249,900$110/sqft |
Source: Direct Access Realty LLC #5210087 Report a problem | ||
| 4/6/2019 | Listed for sale | $249,900+42.8%$110/sqft |
Source: Direct Access Realty LLC #5210087 Report a problem | ||
| 12/14/2017 | Sold | $175,000+46%$77/sqft |
Source: Public Record Report a problem | ||
| 7/23/2010 | Sold | $119,900-7.7%$53/sqft |
Source: Public Record Report a problem | ||
| 4/8/2010 | Listing removed | $129,900$57/sqft |
Source: RE/MAX Pro Team #3901535 Report a problem | ||
| 3/27/2010 | Listed for sale | $129,900-18.3%$57/sqft |
Source: RE/MAX Pro Team #3901535 Report a problem | ||
| 11/11/2008 | Sold | $159,000-30.9%$70/sqft |
Source: Public Record Report a problem | ||
| 8/17/2006 | Sold | $230,000-2.5%$101/sqft |
Source: Public Record Report a problem | ||
| 4/29/2005 | Sold | $236,000$103/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,334 +8.2% | $287,000 +3.1% |
| 2024 | $4,004 +2.1% | $278,300 -1% |
| 2023 | $3,920 +12.5% | $281,000 +0.7% |
| 2022 | $3,486 +3.2% | $279,000 +19.7% |
| 2021 | $3,378 -3.7% | $233,000 +3.6% |
| 2020 | $3,508 +3.8% | $225,000 +7.1% |
| 2019 | $3,378 -3.7% | $210,000 +7.1% |
| 2018 | $3,508 +15.3% | $196,000 +14.6% |
| 2017 | $3,042 +10.5% | $171,000 +2.4% |
| 2016 | $2,752 -0.1% | $167,000 +12.1% |
| 2015 | $2,753 +13.7% | $149,000 +28.4% |
| 2014 | $2,421 +46.7% | $116,000 +1.8% |
| 2013 | $1,650 -5.7% | $114,000 -7.3% |
| 2012 | $1,749 -15.8% | $123,000 -14% |
| 2011 | $2,077 -3.9% | $143,000 -11.2% |
| 2010 | $2,161 -30.4% | $161,000 -30.6% |
| 2009 | $3,104 +6.2% | $232,000 +8.6% |
| 2006 | $2,922 | $213,700 |
Find assessor info on the county website
Neighborhood: 55428
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Nearby schools
GreatSchools rating
- 3/10Meadow Lake Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10Plymouth Middle SchoolGrades: 6-8Distance: 2.6 mi
- 3/10Robbinsdale Cooper Senior High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$307,700
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Estimated market value
$307,700
- Minnesota
- Hennepin County
- New Hope
- 55428
- 5505 Elm Grove Ct
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