NOT LISTED FOR SALE

7437 Borman Ave Inver Grove Heights, MN 55076

Estimated Value: $285,000 - $316,000

3 Beds
2 Baths
1,507 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $290,000 $192 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,832/month

54 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

This home is located at 7437 Borman Ave, Inver Grove Heights, MN 55076 since 16 May 2024 and is currently estimated at $295,115, approximately $195 per square foot. This property was built in 1983. 7437 Borman Ave is a home located in Dakota County with nearby schools including Hilltop Elementary School, Inver Grove Heights Middle School, and Simley Senior High School.

Last Agent to Sell the Property

John McGovern

John McGovern Listed on: 05/16/2024

Last Buyer's Agent

Slava Daskalyuk

Counselor Realty, Inc.

Counselor Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 1983

Lot Details

  • 5,532 Sq Ft Lot
  • Lot Dimensions are 75 x 74

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Justin Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 204060001060

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,422

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Quad/4 Corners
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 997
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Finished
  • Living Area: 1507
  • Fireplace: No
  • Below Grade Finished Sq Ft: 510
  • Basement YN: Yes
  • SqFtTotal: 1507.00

Beds/Baths

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

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Inver Grove Hts. Community Schools
  • SchoolDistrictNumber: 199
  • SchoolDistrictPhone: 651-306-7800

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 75 X 74
  • Lot Size Sq Ft: 5532.12
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 204060001060
  • Tax Annual Amount: 2422
  • TaxWithAssessments: 2422.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Good Domus Duo Llc
Bought by
Ms Relocation Services Incorporated
Current Estimated Value
$295,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Outstanding Balance
$144,426
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$148,023
Source: Public Records

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
Ms Relocation Services Incorporated $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ms Relocation Services Incorporated $146,250
Previous Owner Thelen Sandra Jean $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $290,000 0.0% $192 / Sq Ft
06/09/2024 06/09/24 Off Market $290,000 -- --
06/07/2024 06/07/24 Price Changed $285,000 -1.6% $189 / Sq Ft
06/01/2024 06/01/24 For Sale $289,500 -0.2% $192 / Sq Ft
05/31/2024 05/31/24 Off Market $290,000 -- --
05/16/2024 05/16/24 For Sale $289,500 -- $192 / 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 $2,568 $259,300 $29,900 $229,400
2022 $2,100 $247,900 $29,800 $218,100
2021 $1,924 $203,900 $25,900 $178,000
2020 $1,708 $186,400 $24,700 $161,700
2019 $1,641 $168,500 $16,300 $152,200
2018 $1,515 $153,800 $16,300 $137,500
2017 $1,416 $142,800 $16,300 $126,500
2016 $1,453 $134,000 $16,300 $117,700
2015 $1,324 $111,981 $14,969 $97,012
2014 -- $96,067 $13,196 $82,871
2013 -- $92,797 $12,057 $80,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6532557

NorthstarMLS

APN: 20-40600-01-060