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3537 Independence Ave

New Hope, MN 55427

3 bd 2 ba 1,440 sqft Built 1980 Lot 7,841 sqft townhomes
Most recent sale
$255,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $255,000 MLS #6238758
Aug 13, 2022 Price changed $254,900 MLS #6238758
Jul 22, 2022 Listed $264,900 MLS #6238758
Aug 31, 2021 Sold $265,000 Public Record
Mar 3, 2012 Listed $95,500 MLS #4127945
Dec 5, 2003 Sold $158,000 Public Record
Sep 9, 1999 Sold $163,500 Public Record
Aug 17, 1994 Sold $135,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $149,000 $39,000 $188,000 $3,002
2021 $143,000 $39,000 $182,000 $2,919
2020 $143,000 $39,000 $182,000 $2,902
2019 $137,000 $36,000 $173,000 $2,831
2018 $132,000 $29,000 $161,000 $2,466
2017 $126,000 $22,000 $148,000 $2,135
2016 $104,000 $21,000 $125,000 $2,155
2015 $104,000 $19,000 $123,000 $1,816
2014 $90,000 $14,000 $104,000 $1,628
2013 $77,000 $11,000 $88,000 $1,595
2012 $76,000 $12,000 $88,000 $1,966
2011 $100,000 $13,000 $113,000 $1,868
2010 $102,000 $13,000 $115,000 $2,265
2009 $112,000 $40,000 $152,000 $2,334
2008 $118,000 $47,000 $165,000 $2,229
2007 $114,000 $44,400 $158,400 $2,114

Property facts

Year built
1980
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,440 sqft
Lot size
7,841 sqft
ZIP code
55427
City
New Hope
Street
Independence Ave
Coordinates
45.02022, -93.39988

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,160
Gross rental yield
10.16%
Implied cap rate
6.61%
Trend-extrapolated value

Frequently asked questions

When did 3537 Independence Ave last sell?
3537 Independence Ave most recently sold on Sep 19, 2022 for $255,000.
What is the current tax assessment for 3537 Independence Ave?
The most recent total assessment for 3537 Independence Ave (year 2022) is $188,000 with $3,002 in property tax.
How does 3537 Independence Ave's assessment compare to its last sale price?
The current assessment is 26.3% below the last sale price of $255,000.
When was 3537 Independence Ave built?
3537 Independence Ave was built in 1980.
How does 3537 Independence Ave compare to others on Independence Ave?
We track 8 other properties on Independence Ave. Browse the list under "Other properties on Independence Ave" to compare beds, baths, and sale history.
What are the property facts for 3537 Independence Ave?
3537 Independence Ave is a 3 bed, 2 bath, 1,440 sqft, 7,841 sqft lot townhomes.
Is 3537 Independence Ave a flip candidate?
No — 3537 Independence Ave does not appear in our flips dataset.
Is 3537 Independence Ave a tax-appeal candidate?
No — 3537 Independence Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.7%
Implied 1-yr
+26.7%
2026 Q1
$745K
2026 Q2
$779.6K
ZIP 55427 — Median Price History + Forecast

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