8708 40th Ave N, New Hope (Minneapolis), MN 55427 Property Records

Hennepin County property record for 8708 40th Ave N, New Hope, MN 55427

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 1,498 sqft · built 1966
Lot Size	0.25 acres (10,890 sqft)
Owner	2 Individual Names on File
Last Sale	$416,250 (Apr 2025)
Tax Bill	$6,608 (2025)
Deeds & Mortgages	Sep 2021 Sale & Mortgage Feb 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`18-118-21-31-0020`

Property Details

APN / Parcel Number

Primary APN	`18-118-21-31-0020`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Building Area	1,498 sqft Living Area
Gross Area	2,874 sqft
1st Floor Area	1,498 sqft
Basement Area	936 sqft
Family Room	Family Room
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1966
Effective Year Built	Effective 1985
Architectural Style	Split Level
Exterior Material	Metal
Construction Type	Frame
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	10,890 sqft (0.25 acres)
Lot Dimensions	135 ft deep x 80 ft wide
View / Lot	Lake
Garage Type	Attached
Garage Area	440 sqft

Exterior Amenities

Porch	Open Porch
Porch Area	96 sqft
Deck Area	240 sqft
Patio Area	240 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	Floor/Wall Furnace
Heating Fuel	Electric

Location & Zoning

Street Address	8708 40TH AVE N
City	MINNEAPOLIS
State	MN
Zip	55427-1016
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 012 BLOCK 005 T HIPPS HOPEWOOD HILLS 2ND ADDN 80 X 135
Legal Range	21
Legal Township	118
Legal Section	18
Legal Quarter	31
Legal Subdivision	HIPPS HOPEWOOD HILLS 2ND ADDN
Legal Block	5
Legal Lot Number	12
Jurisdiction	HENNEPIN MN
Township / Civil Division	NEW HOPE
Census Block Group	2
Census Block	2007
Census Tract	21504

Owner

8708 40th Ave N is owned and occupied by two individuals who bought it in April 2025.

Source: Hennepin County records, as of June 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	8708 40TH AVE N, MINNEAPOLIS, MN 55427-1016
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Sep 24, 2021	Warranty Deed, Transfer · VA Mortgage CARDINAL FINANCIAL COMPANY LP
Feb 12, 2021	Deed of Trust, Mortgage · Conventional Mortgage SPIRE CU

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 7, 2025 · Amount on File
Deed Sale	Apr 7, 2025 · Amount on File
Prior Sale	Sep 24, 2021 · Amount on File
Deed Document Number	20256128692
Record Updated	Oct 29, 2026

September 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Sep 24, 2021
Property Address	8708 40TH AVE N, NEW HOPE, MN 55427-1016
Document Number	0T05880919
Instrument Date	Aug 20, 2021
Instrument	T05880919
Transaction Type	Transfer
Record Updated	Oct 18, 2021
Title Company	STEWART TITLE/MINNESOTA, STEWART TITLE OF MINNESOTA

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,204.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	8708 40TH AVE N, NEW HOPE, MN 55427-1016

Mortgage

Document Number	0T05880920
Date	Sep 24, 2021
Instrument	T05880920

Lender

Name	CARDINAL FINANCIAL COMPANY LP
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Sep 1, 2051

February 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	8708 40TH AVE N, NEW HOPE, MN 55427-1016
Transaction Type	Mortgage
Record Updated	Mar 10, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0T05801915
Date	Feb 12, 2021
Instrument	T05801915

Lender

Name	SPIRE CU
Type	Credit Union
Address	SAINT PAUL, MN 55113

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	175 Months
Due	Sep 1, 2035

Tax Assessment & Valuation

The 2025 property tax bill for 8708 40th Ave N was $6,608.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	New Hope City
Unified School District	Robbinsdale Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,608.00	$419,200 Land $114,000 Building $305,200	$419,200 Land $114,000 Building $305,200
2023	$3,832.00 Homeowner's exemption
2022		$411,000 Land $111,000 Building $300,000	$411,000 Land $111,000 Building $300,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 8708 40th Ave N in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 8708 40th Ave N is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 92% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	New Hope serves 20,963 people · EPA ID MN1270040
Water Source	Purchased surface water from Minneapolis
Last State Inspection	May 2024
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 432 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	8,000 / 8,000
Xfinity Cable	2,000 / 250
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Verizon.

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