NOT LISTED FOR SALE

7433 Borman Ave Inver Grove Heights, MN 55076

Estimated Value: $253,000 - $287,000

3 Beds
2 Baths
968 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $170,000 $176 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,729/month

9 Days on Market

Highlights

  • Deck
  • End Unit
  • 2 Car Attached Garage
  • Wood Flooring
  • No HOA
  • Woodwork

About This Home

As of July 2017

Opportunity! NO ASSOCIATION FEES! 3BR/2BA townhome with numerous updates! Updated kitchen with painted cabinets, new stainless steel appliances (2016) & hardwood floors! Large master with walk-in closet & walk-through master bath! Finished lower level with family room, 3rd bedroom & 3/4 bath! Huge deck! New furnace & central air-conditioning (2011)! New concrete driveway (2011)! Front yard area! Immediate possession! WOW - Hurry!

Last Listed By

Lee Arntz

RE/MAX Results Listed on: 06/13/2017

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1983

Lot Details

  • 6,316 Sq Ft Lot
  • End Unit
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Natural lighting in basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 204060001050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,442

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (TH) Quad/4 Corners
  • Cooling System: Central
  • Outside Features: Vinyl
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 968.00
  • Above Grade Finished Area Search: 968.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 352.00
  • Carport Y N: No
  • Co Listing Association Office S K: 15853
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 15853
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1320.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 204060001050
  • Rental License: No
  • Restrictions Type: Other
  • Townhouse Type: End Unit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Finished (Livable)
  • Appliances: Dishwasher, Dryer, Furnace Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Dining Room Features: Informal Dining Room
  • Family Room Features: Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Master Walk-Thru, Upper Level Full Bath
  • Fireplace: No
  • Below Grade Finished Sq Ft: 352.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Natural Woodwork, Walk-In Closet

Schools

  • School District: 199 - Inver Grove Hts. Community Schools
  • School District Phone: 651-306-7800

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 0.1450
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: JUSTIN ADDITION 5 1
  • Tax Amount: 1442.00
  • Tax Year: 2017
  • Tax With Assessments: 1442.00
  • Assessor Parcel Number: 204060001050

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 199 - Inver Grove Hts. Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 27, 2017
Sold by
Sager Catina and Sager John
Bought by
Rivera Jose A Lopez and Lopez Carlita M
Seller's Agent
Lee Arntz
RE/MAX Results
Buyer's Agent
Rodolfo 'RT' Trujillo
RE/MAX Advantage Plus
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Total Days on Market
9
Current Estimated Value
$273,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,003
Avg. Annual Appreciation
6.13%
Original Mortgage
$10,000
Outstanding Balance
$8,432
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,886

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 23, 2015
Sold by
Kalinoski Nell Patrick
Bought by
Whaley Kropp Catina
Seller's Agent
Curt Carlson
RE/MAX Advantage Plus
List Price
$149,900
Sold Price
$133,000
Premium/Discount to List
-$16,900
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Original Mortgage
$130,591
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2011
Sold by
Overton Samath
Bought by
Kalinoski Neil Patrick

Purchase Details

Closed on
Mar 14, 2007
Sold by
Plasin Pamela
Bought by
Not Provided

Range of Values:

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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
Rivera Jose A Lopez $170,000 Trademark Title Services Inc
Whaley Kropp Catina $133,000 Trademark Title Services
Kalinoski Neil Patrick $82,000 --
Not Provided $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jose A Lopez $10,000
Closed Rivera Jose A Lopez $10,000
Previous Owner Whaley Kropp Catina $130,591
Previous Owner Plasch Michael J $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $170,000 +0.1% $176 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $169,900 +27.7% $176 / Sq Ft
04/23/2015 04/23/15 Sold $133,000 -11.3% $137 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $149,900 -- $155 / Sq Ft
Source: NorthstarMLS

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 $2,578 $260,100 $29,900 $230,200
2022 $2,074 $245,800 $29,800 $216,000
2021 $1,910 $201,800 $25,900 $175,900
2020 $1,788 $185,400 $24,700 $160,700
2019 $1,699 $174,900 $23,500 $151,400
2018 $1,553 $158,100 $21,800 $136,300
2017 $1,442 $145,600 $20,200 $125,400
2016 $1,438 $135,900 $19,200 $116,700
2015 $1,620 $110,782 $14,929 $95,853
2014 -- $121,500 $16,800 $104,700
2013 -- $91,925 $12,024 $79,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4841918

NorthstarMLS

APN: 20-40600-01-050