14190 Sunnyslope Dr · Maple Grove, MN 55311

$400,000

4 bd · 2.0 ba · 1,783 sqft · SingleFamily public records · 10 Days on market

Built 1979 10,018 sqft lot $224/sqft · 7% below area Est $466k · 14% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.8/15.0
• Cash flow +7.9/30.0
• Schools +4.2/10.0
• Rent growth +4.0/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• 1% rule +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see this nice 4 bedroom/ 2 Bathroom home with a spacious layout and an abundance of natural light. This home offers many updates including new kitchen appliances, fresh paint, new carpet and much more.This great home is located close to many trails, parks and walking paths. Do not miss this great home.

Key facts

• Large deck
• Private backyard
• Renovated kitchen

Tags

• NEW WINDOWS
• OPEN-CONCEPT LAYOUT
• RENOVATED KITCHEN
• CUSTOM CABINET
• LARGE DECK
• PRIVATE BACKYARD

Property features AI

Exterior

• Parking: Attached garage; 2 garage spaces; Asphalt driveway
• Utilities: City water (connected); City sewer (connected); Natural gas
• Home design: Residential property; Split entry (bi-level) layout; Entry level: Upper; Facing direction: Not specified
• Construction: Block foundation; Foundation area 940; Asphalt roof (age 8 years or less)
• Exterior features: Deck; Stucco and vinyl exterior; Chain link fencing; Storage shed; Medium tree coverage; Lot approximately 80x125

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Kitchen window
• Bedrooms: 4 bedrooms total; Bedroom (Upper) 13x14; Bedroom 2 (Lower) 11x11; Bedroom 3 (Upper) 10x13; Bedroom (Lower) 11x12
• Flooring: Hardwood floors; Tile floors
• Bathrooms: 2 full bathrooms; 3/4 bath in basement; Full bath on upper level
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Drain tiled basement; Basement has egress windows; Finished basement; Sump pump; Walkout basement; Kitchen/Dining combination; Hardwood floors; Natural woodwork; Tile floors
• Laundry & utility: Laundry room (Lower) 11x9; Washer/dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $400k.

Deal economics

• At list price, monthly cash flow is $-421 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $326k (18.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $278k (30.5% below list).
• Recommended offer: $278k (30.5% below list) — sets the bar for 1% rule.
• Cap rate 5.0% vs local median 3.4% in Maple Grove — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#54 in MN, #1,353 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+; Watch: amenities D, cost of living D.
• Osseo Public School District (suburban): math 42% / reading 51% proficiency, ranked #129 of 301 in MN (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+5.9%/yr); 304 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 4,651 units permitted in Hennepin County in 2024 (2,443 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Hennepin County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 29y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $277,817 (30.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.69% ✗
• Cap rate: 5.03%
• Cash-on-cash: -4.51%
• DSCR: 0.80
• GRM: 12.0

CMA / ARV

• ARV (median comp): $465,628
• List price: $400,000
• Delta: -14.09%
• Verdict: UNDERPRICED
• Comps: 5 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 5.86% rent growth · sell at horizon

5-year hold

• IRR: -21.0%
• Equity multiple: 0.26×
• Total profit: $-83,436
• Equity at exit: $59,641

10-year hold

• IRR: -9.3%
• Equity multiple: 0.36×
• Total profit: $-71,571
• Equity at exit: $34,585

Cash invested: $112,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 46 Balanced
• State Minnesota: 46 Balanced · D+2
• County: — inherits STATE
• City: — inherits STATE

2024 reforms strengthened tenant protections; ramsey/hennepin courts paced moderate to slow.

Methodology + full state rankings →

ZIP-level market 55311

• Rents YoY: 5.9%
• Active inventory: 304
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $2,778 medium
• Mortgage (P&I): −$2,098
• Tax from tax record: −$351 /mo · $4,213/yr
• Insurance: −$167
• HOA: −$0
• Vacancy / Maint / Mgmt: −$583
• Net cashflow: $-421

Break-even live

Break-even rent $3,311

Max offer price $325,688

Occupancy floor —

Sensitivity live

Price	-10% $-194	-5% $-307	+0% $-421	+5% $-534	+10% $-647
Rent	-10% $-640	-5% $-530	+0% $-421	+5% $-311	+10% $-201
Rate	-1.0pp $-219	-0.5pp $-319	base $-421	+0.5pp $-524	+1.0pp $-630

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $100,000
• Closing costs: $12,000
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15375 60th Ave N Minneapolis, MN	3.0	3.0	2400	$2,400	$1.00	16d	1	1.46mi
15375 60th Ave N Minneapolis, MN	3.0	3.0	2400	$2,400	$1.00	11d	1	1.46mi
15377 60th Ave N Minneapolis, MN	3.0	2.5	1792	$2,400	$1.34	17d	1	1.47mi
6110 Quinwood Ln N Minneapolis, MN	1.0–3.0	1.0–2.0	1047	$2,495	$2.38	0d	22	1.48mi

Listing history 18 events

1. 2026-05-11
   status Pending 1721-char remark
2. 2026-05-05
   historical Contingent - Inspection 1721-char remark
3. 2026-05-01
   listed $400,000 Active 1721-char remark
4. 2025-11-17
   historical Contingent - Inspection
5. 2025-10-29
   price $415,000
6. 2025-10-16
   listed $425,000 Active
7. 2025-10-15
   historical
8. 2021-04-02
   soldstatus $355,000
9. 2021-04-01
   soldstatus $355,000 Sold

   Show marketing remark (309 chars)

   Come see this nice 4 bedroom/ 2 Bathroom home with a spacious layout and an abundance of natural light. This home offers many updates including new kitchen appliances, fresh paint, new carpet and much more.This great home is located close to many trails, parks and walking paths. Do not miss this great home.

10. 2021-02-17
    historical Contingent - Inspection

    Show marketing remark (309 chars)

    Come see this nice 4 bedroom/ 2 Bathroom home with a spacious layout and an abundance of natural light. This home offers many updates including new kitchen appliances, fresh paint, new carpet and much more.This great home is located close to many trails, parks and walking paths. Do not miss this great home.

11. 2021-02-15
    listed $339,900 Active

    Show marketing remark (309 chars)

    Come see this nice 4 bedroom/ 2 Bathroom home with a spacious layout and an abundance of natural light. This home offers many updates including new kitchen appliances, fresh paint, new carpet and much more.This great home is located close to many trails, parks and walking paths. Do not miss this great home.

12. 2021-01-20
    soldstatus $250,000
13. 1998-04-16
    soldstatus $121,500
14. 1998-03-31
    soldstatus $121,500
15. 1997-12-14
    historical
16. 1997-10-15
    historical
17. 1997-10-13
    listed $122,900
18. 1997-10-03
    listed $122,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MN · Partial reset (capped growth)

• Current annual tax: $4,213 · $351/mo
• Projected year-2 tax: $4,347 · $362/mo
• Expected delta: +$133/yr (+$11/mo · 3.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥99°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,338
• − Mortgage interest: −$22,406
• − Property taxes: −$4,213
• − Insurance: −$2,000
• − Repairs & maintenance: −$2,667
• − Management: −$2,667
• − Depreciation: −$11,636
• Taxable loss: −$12,252
• Est. tax savings @ 24.0%: +$2,940
• After-tax cash flow: $-2,107/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Osseo Public School District
• NCES district ID: 2725200
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 51% ▼ -4.00%
• Median HH income: $76,168
• Composite: 42.35/100
• National rank: #3250
• State rank: #129 of 301 in MN

Livability — Maple Grove

• Score: 81/100
• State rank: #54
• US rank: #1353

Category grades

Amenities D Commute A+ Cost of living D Crime A- Employment A+ Housing A+ Health & safety A- User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Maple Grove, MN
• County: Hennepin County · 1,150,272 people
• City population: 77,762
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• Population (ZIP): 38,472
• Household income: $153,568
• Rent vs Own: 13.3% rent · 86.7% own
• Severe rent burden: 497.0

Population outlook (Hennepin County) Hauer SSP2

• Today (2025): 1,405,227 people
• By 2030: 1,492,650 · +6.2%
• By 2040: 1,660,157 · +18.1%
• By 2050: 1,823,498 · +29.8%
• By 2075: 2,221,283 · +58.1%
• By 2100: 2,509,976 · +78.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Asian 8% Black 7% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Portuguese 12% Lithuanian 4% Romanian 4%
• Foreign-born: 12% · Canada, Vietnam, South Korea
• Languages at home: 87% English-only · Other Indo-European 3% Vietnamese 1% Chinese 1%

Political lean MEDSL · Hennepin

• 2024 margin: Solid D (+42.6) · D 70.2% · R 27.5% · Other 2.3%
• 2008→2024 swing: +14.0pp toward D · 2008: 28.6pp · 2024: 42.6pp
• All cycles: 2024: D+42.6 2020: D+43.2 2016: D+35.3 2012: D+27.1 2008: D+28.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -181.69%
• Current HPI: 213.3896
• Rent YoY: ▲ 5.86%
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• State GDP YoY: ▲ 2.41%
• F500 in state: 34

Industry mix (Fortune 500 HQ in MN)

Industry	F500 HQs	Revenue
▸Healthcare	2	$407B
▸Retail	2	$150B
▸Consumer Goods	2	$32B
▸Industrial Machinery	2	$6B
▸Agriculture	1	$40B
▸Healthcare / Medical Devices	1	$32B

Price history

+237.7% since first listed

19 events — show timeline

• 2026-06-01 Sold (MLS) $415,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-11 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-05 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-05-01 Listed $400,000 NORTHSTARMLS as Distributed by MLS Grid
• 2025-11-17 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2025-10-29 Price Changed $415,000 NORTHSTARMLS as Distributed by MLS Grid
• 2025-10-16 Listed $425,000 NORTHSTARMLS as Distributed by MLS Grid
• 2025-10-15 Coming Soon — NORTHSTARMLS as Distributed by MLS Grid
• 2021-04-02 Sold (Public Records) $355,000 Public Records
• 2021-04-01 Sold (MLS) $355,000 NORTHSTARMLS as Distributed by MLS Grid
• 2021-02-17 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2021-02-15 Listed $339,900 NORTHSTARMLS as Distributed by MLS Grid
• 2021-01-20 Sold (Public Records) $250,000 Public Records
• 1998-04-16 Sold (Public Records) $121,500 Public Records
• 1998-03-31 Sold (MLS) $121,500 NORTHSTARMLS as Distributed by MLS Grid
• 1997-12-14 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 1997-10-15 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 1997-10-13 Listed $122,900 NORTHSTARMLS as Distributed by MLS Grid
• 1997-10-03 Listed $122,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+3.6%/yr

Latest (2025): $4,213 · +0.4% YoY. Source: county tax records.