NOT LISTED FOR SALE

7342 Bancroft Way Inver Grove Heights, MN 55077

Estimated Value: $483,000 - $550,000

4 Beds
4 Baths
2,728 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 7342 Bancroft Way, Inver Grove Heights, MN 55077 and is currently estimated at $518,139, approximately $189 per square foot. 7342 Bancroft Way is a home located in Dakota County with nearby schools including Salem Hills Elementary School, Inver Grove Heights Middle School, and Simley Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2016
Sold by
Thomas Mark J and Thomas Michele M
Bought by
Thomas Mark J and Thomas Michele M
Current Estimated Value
$518,139

Purchase Details

Closed on
Aug 6, 2015
Sold by
Norton John J and Norton Debora A
Bought by
Thomas Mark and Thomas Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Outstanding Balance
$280,648
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$235,915

Purchase Details

Closed on
Jul 27, 2000
Sold by
Aura Hall Jeanne E and Hall Peter
Bought by
Norton John J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thomas Mark J -- None Available
Thomas Mark $370,000 Trademark Title Services Inc
Norton John J $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Mark J $87,000
Closed Thomas Mark $75,337
Open Thomas Mark $351,500
Previous Owner Norton John J $247,500
Previous Owner Norton John J $90,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,908 $491,900 $108,800 $383,100
2022 $5,360 $486,300 $108,700 $377,600
2021 $5,092 $402,400 $94,500 $307,900
2020 $4,996 $371,800 $90,000 $281,800
2019 $5,350 $360,100 $85,800 $274,300
2018 $5,270 $361,400 $81,700 $279,700
2017 $4,047 $350,700 $77,800 $272,900
2016 $3,330 $326,100 $74,100 $252,000
2015 $3,293 $261,529 $68,984 $192,545
2014 -- $245,288 $65,864 $179,424
2013 -- $236,786 $61,127 $175,659
Source: Public Records

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