Welcome home to this lovely 4 bed/2 bath house in a desired New Hope neighborhood! So much space with 3 bedrooms and a full bathroom on the main level, a nice sized living room, a family room, and kitchen with a large dining area and a pantry. In the lower level there’s the 4th bedroom and 3/4 bathroom, a large family/rec room area, a workshop, laundry room, and much desired storage! You’ll love the beautiful hardwood floors, the newer furnace, A/C, water heater, and appliances, and the brand-new roof just installed in April! For outdoor enjoyment there’s a great backyard that backs up to a wooded area, and Northwoods Lake and Park are just a short walk away. Close to everything you need - shopping, restaurants, schools, highways, New Hope City Center, and more! This home has been well loved and maintained for 56 years and is ready for a new owner to enjoy. Some cosmetic touches are being left to the new buyer, but you can move right in and make this wonderful house your own!
Closed
$351,000
8516 40th Ave N, New Hope, MN 55427
4beds
2,205sqft
Single Family Residence
Built in 1967
0.25 Acres Lot
$389,600 Zestimate®
$159/sqft
$2,769 Estimated rent
Home value
$389,600
$370,000 - $409,000
$2,769/mo
Zestimate® history
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$2,205/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kari Johnson 612-710-3438,
Coldwell Banker Realty
Bought with:
Donovan Saba
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6499237
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Level: Lower
- Area: 143 Square Feet
- Dimensions: 13x11
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Family room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Kitchen
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Laundry
- Level: Lower
- Area: 117 Square Feet
- Dimensions: 13x9
Living room
- Level: Main
- Area: 260 Square Feet
- Dimensions: 20x13
Recreation room
- Level: Lower
- Area: 576 Square Feet
- Dimensions: 24x24
Utility room
- Level: Lower
- Area: 187 Square Feet
- Dimensions: 17x11
Workshop
- Level: Lower
- Area: 209 Square Feet
- Dimensions: 19x11
Heating
- Forced Air, Humidifier
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement, Laundry Room, Sink, Washer Hookup
Features
- Basement: Block,Drain Tiled,Egress Window(s),Finished,Storage Space,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,205
- Total interior livable area: 2,205 sqft
- Finished area above ground: 1,378
- Finished area below ground: 827
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x20)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 0.25 Acres
- Dimensions: 135 x 80
- Features: Near Public Transit, Tree Coverage - Medium
Details
- Foundation area: 1378
- Parcel number: 1811821420023
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: New Hope
- Subdivision: Hipps Hopewood Hills Rev
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2024 | Sold | $351,000+3.2%$159/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6499237 Report a problem | ||
| 5/20/2024 | Pending sale | $340,000$154/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6499237 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,137 +3.8% | $347,100 +1.3% |
| 2024 | $4,948 +2.4% | $342,600 +0.9% |
| 2023 | $4,831 +11.3% | $339,400 +1.3% |
| 2022 | $4,340 +3.6% | $335,000 +18.8% |
| 2021 | $4,188 -0.7% | $282,000 +3.7% |
| 2020 | $4,217 +0.7% | $272,000 +3.4% |
| 2019 | $4,188 -0.7% | $263,000 +4.4% |
| 2018 | $4,217 +19.7% | $252,000 +19.4% |
| 2017 | $3,524 +5.6% | $211,000 +2.9% |
| 2016 | $3,339 +0.7% | $205,000 +3% |
| 2015 | $3,316 +3.8% | $199,000 +7.6% |
| 2014 | $3,193 +6.4% | $185,000 +1.1% |
| 2013 | $3,001 +0.3% | $183,000 -3.2% |
| 2012 | $2,993 -5.8% | $189,000 -8.7% |
| 2011 | $3,176 -1.2% | $207,000 -8.8% |
| 2010 | $3,214 -3.4% | $227,000 -7.7% |
| 2009 | $3,329 +12.4% | $246,000 +7.9% |
| 2006 | $2,961 +4.1% | $228,000 +9.1% |
| 2005 | $2,844 +3.5% | $209,000 +11.7% |
| 2004 | $2,747 +13.8% | $187,100 +12% |
| 2002 | $2,414 -45.5% | $167,100 |
| 2001 | $4,432 | -- |
Find assessor info on the county website
Neighborhood: 55427
Nearby schools
GreatSchools rating
- 3/10Sonnesyn Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 2/10Sandburg Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Robbinsdale Armstrong Senior High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$389,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$389,600
- Minnesota
- Hennepin County
- New Hope
- 55427
- 8516 40th Ave N
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