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    • $416,250

    8708 40th Ave N, New Hope, MN 55427

    5beds
    2,720sqft
    Single Family
    Built in 1985
    0.25 Acres Lot
    $427,800 Zestimate®
    $153/sqft
    $2,965 Estimated rent

    Home value

    $427,800

    $389,000 - $471,000

    $2,965/mo

    Zestimate® history
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    What's special

    Located in a quiet New Hope neighborhood, this updated four-level split home offers convenient access to Hopewood Park and the Regional Trail System. It features five spacious bedrooms, hardwood floors, and new carpeting for added comfort. The large kitchen includes ample cabinet space, a built-in desk area, and stainless steel appliances. Bathrooms have tiled floors for durability and style. The sunroom is enhanced with beautiful built-ins, and there is good storage throughout the home. A composite deck extends off the main level, overlooking a fully fenced backyard with garden boxes, perfect for outdoor enjoyment. Recent updates include: Microwave, Bathroom Vanity, Carpet, Paint, Trim, and Lighting. The chest freezer in the basement is included in the sale of the home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kerby & Cristina Real Estate Experts 612-268-1637,

    RE/MAX Results,

    Katlyn Chonos 763-321-4005

    Bought with:

    Stefan Petrashek

    RE/MAX Results

    Sheryl Petrashek

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6654536MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 182 Square Feet
    • Dimensions: 13x14
    Bedroom 2
    • Level: Upper
    • Area: 140 Square Feet
    • Dimensions: 10x14
    Bedroom 3
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 4
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Bedroom 5
    • Level: Lower
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Dining room
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Family room
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 13x17
    Kitchen
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Living room
    • Level: Upper
    • Area: 252 Square Feet
    • Dimensions: 12x21
    Sun room
    • Level: Lower
    • Area: 209 Square Feet
    • Dimensions: 11x19
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: In Basement, Electric Dryer Hookup, Sink, Upper Level
    Features
    • Basement: Block,Egress Window(s),Finished,Storage Space,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total structure area: 2,720
    • Total interior livable area: 2,720 sqft
    • Finished area above ground: 2,195
    • Finished area below ground: 365

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt, Garage Door Opener, No Int Access to Dwelling, Storage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (21x21)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Four or More Level Split
    • Patio & porch: Composite Decking
    • Pool features: None
    • Fencing: Chain Link,Full,Privacy
    Lot
    • Size: 0.25 Acres
    • Dimensions: 80 x 135
    • Features: Tree Coverage - Medium
    Details
    • Foundation area: 1460
    • Parcel number: 1811821310020
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Hipps Hopewood Hills 2nd Add
    HOA
    • Has HOA: No
    Location
    • Region: New Hope

    Financial & listing details

    • Price per square foot: $153/sqft
    • Tax assessed value: $419,200
    • Annual tax amount: $4,073
    • Date on market: 2/25/2025
    • Cumulative days on market: 27 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/1/2025Sold$416,250+0.3%$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6654536 Report a problem
    3/27/2025Pending sale$415,000$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6654536 Report a problem
    2/28/2025Listed for sale$415,000+13.7%$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6654536 Report a problem
    8/20/2021Sold$365,000+50.5%$134/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5743722 Report a problem
    6/14/2013Sold$242,500-10.2%$89/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1984738 Report a problem
    2/27/2013Listing removed$270,000$99/sqft
    Source: Coldwell Banker Burnet - Crocus Hill #4320730 Report a problem
    1/29/2013Listed for sale$270,000-4.3%$99/sqft
    Source: Coldwell Banker Burnet - Crocus Hill #4320730 Report a problem
    5/21/2004Sold$282,000$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,010 +25.9%$419,200 -0.2%
    2024$3,980 +3.8%$420,100 +0.4%
    2023$3,833 +28.3%$418,400 +1.8%
    2022$2,987 -41.1%$411,000 +22%
    2021$5,069 +0.8%$337,000 +4.3%
    2020$5,030 -0.8%$323,000 +4.9%
    2019$5,069 +0.8%$308,000 +4.4%
    2018$5,030 +16.1%$295,000 +16.1%
    2017$4,333 +4.9%$254,000 +2.8%
    2016$4,128 +0.5%$247,000 +3.8%
    2015$4,108 +4.6%$238,000 +11.7%
    2014$3,926 +10.6%$213,000 +0.9%
    2013$3,548 +1.4%$211,000 -2.3%
    2012$3,498 -6.5%$216,000 -10%
    2011$3,742 +0.6%$240,000 -7.3%
    2010$3,720 -3.2%$259,000 -7.5%
    2009$3,841 +8.8%$280,000 +4.9%
    2006$3,531 +4.4%$267,000 +9.4%
    2005$3,382 +1.7%$244,000 +10%
    2004$3,325 +13.5%$221,800 +12%
    2002$2,931 -46.4%$198,100
    2001$5,466 --
    Find assessor info on the county website

    Neighborhood: 55427

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    Estimated market value
    $427,800
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    Estimated market value
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