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5968 Independence Ave

New Hope, MN 55428

5 bd 4 ba 2,126 sqft Built 1962 Lot 11,326 sqft single_family
Most recent sale
$339,500
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $339,500 MLS #6165179
Mar 18, 2022 Listed $325,000 MLS #6165179
Nov 18, 2016 Listing removed $1,825 NorthstarMLS
Sep 16, 2016 Listed for rent $1,825 NorthstarMLS
Jun 13, 2011 Listing removed $164,900 NorthstarMLS
Jun 1, 2009 Sold $135,000 MLS #3660469
Mar 19, 2009 Listed $154,900 MLS #3660469
Jan 9, 2009 Listed $164,900 MLS #3634614
Jun 5, 2007 Sold $270,000 Public Record
Mar 18, 2005 Sold $229,900 Public Record
Aug 8, 1997 Sold $128,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $286,227 $4,497
2024 $287,580 $4,274
2023 $277,770 $4,077
2022 $177,000 $76,000 $253,000 $4,028
2021 $170,000 $69,000 $239,000 $3,834
2020 $158,000 $59,000 $217,000 $3,624
2019 $160,000 $50,000 $210,000 $3,681
2018 $162,000 $48,000 $210,000 $3,482
2017 $176,400 $3,050
2016 $174,220 $3,097
2015 $157,870 $2,809
2014 $151,330 $2,852
2013 $158,960 $2,931
2012 $168,770 $2,979
2011 $153,000 $48,000 $201,000 $3,070
2010 $162,000 $44,000 $206,000 $2,868
2009 $174,000 $58,000 $232,000 $3,919
2008 $176,000 $60,000 $236,000 $2,990
2007 $178,000 $58,000 $236,000 $2,986

Property facts

Year built
1962
Property type
single_family
Stories
4
Beds
5
Baths
4
Living area
2,126 sqft
Lot size
11,326 sqft
ZIP code
55428
City
New Hope
Street
Independence Ave
Coordinates
45.06190, -93.40022

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,189
Gross rental yield
11.27%
Implied cap rate
7.33%
Trend-extrapolated value

Frequently asked questions

When did 5968 Independence Ave last sell?
5968 Independence Ave most recently sold on Apr 22, 2022 for $339,500.
What is the current tax assessment for 5968 Independence Ave?
The most recent total assessment for 5968 Independence Ave (year 2025) is $286,227 with $4,497 in property tax.
How does 5968 Independence Ave's assessment compare to its last sale price?
The current assessment is 15.7% below the last sale price of $339,500.
When was 5968 Independence Ave built?
5968 Independence Ave was built in 1962.
How does 5968 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 5968 Independence Ave?
5968 Independence Ave is a 5 bed, 4 bath, 2,126 sqft, 11,326 sqft lot single_family.
Is 5968 Independence Ave a flip candidate?
No — 5968 Independence Ave does not appear in our flips dataset.
Is 5968 Independence Ave a tax-appeal candidate?
No — 5968 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
+3.0%
Implied 1-yr
+12.0%
2026 Q3
$526.2K
2026 Q4
$539.4K
ZIP 55428 — Median Price History + Forecast

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