NOT LISTED FOR SALE

7485 Borman Ave Inver Grove Heights, MN 55076

Estimated Value: $274,000 - $311,000

3 Beds
2 Baths
1,341 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $286,000 $213 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,837/month

6 Days on Market

Highlights

  • No HOA
  • Living Room
  • Combination Kitchen and Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of July 2024

Welcome home to this charming townhome with NO hoa fees! Open concept main floor/kitchen with center island exudes easy and enjoyable living space, which leads to a generous deck framed around by lush vegetation in a private and tucked away outdoor oasis. Walk out patio below and plenty of green space to enjoy the outdoors. Also added by the current owners is the new patio just outside your front door! Inside, all has been tastefully updated throughout! Plentiful storage areas/closet sizes as well. Versatile lower level space can be a family room, work out area, or whatever you need and can imagine. The lower level also has either a third bedroom or a home office. Great S/E Metro location with easy access to wherever you need to go! Book a showing today, this is the ONE!

Last Agent to Sell the Property

Shane Montoya

Coldwell Banker Realty Listed on: 05/30/2024

Coldwell Banker Realty

Co-Listed By

Lara Duddingston

Coldwell Banker Realty

Last Buyer's Agent

John Mazzara

RE/MAX Results

RE/MAX Results

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1983

Lot Details

  • 5,184 Sq Ft Lot
  • Lot Dimensions are 75x84

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home

Interior Spaces

  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 204060001140

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,622

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: 910
  • 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, Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1341
  • Below Grade Finished Sq Ft: 431
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Tuckunder Garage
  • Garage Square Feet: 401

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Patio

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 75x84
  • Lot Size Sq Ft: 5183.64
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 204060001140
  • Tax Annual Amount: 2622
  • TaxWithAssessments: 2622.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 17, 2024
Sold by
Rivard Alix and Rivard Kazlin
Bought by
Tegegn Damiyo
Seller's Agent
Shane Montoya
Coldwell Banker Realty
Buyer's Agent
John Mazzara
RE/MAX Results
List Price
$279,000
Sold Price
$286,000
Premium/Discount to List
$7,000
2.51%
Views
9
Current Estimated Value
$293,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,195
Avg. Annual Appreciation
1.43%
Original Mortgage
$262,000
Outstanding Balance
$260,018
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$30,306

Purchase Details

Closed on
Feb 3, 2020
Sold by
Warner Hannah
Bought by
Johnson Alix and Rivard Kazlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,790
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2017
Sold by
Doody Stephen and Doody Sharon
Bought by
Warner Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,080
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2013
Closed on
Aug 29, 2013
Sold by
Federal National Mortgage Association
Bought by
Doody Stephen and Doody Sharon
Seller's Agent
Benjamin Johnson
Edina Realty, Inc.
Buyer's Agent
Larry Danich
Metzen Realty
List Price
$122,900
Sold Price
$120,000
Premium/Discount to List
-$2,900
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$88,000
Interest Rate
4.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
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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
Tegegn Damiyo $286,000 --
Johnson Alix $207,000 Minnesota Title
Warner Hannah $164,000 Dca Title
Doody Stephen -- Dca Title
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tegegn Damiyo $262,000
Previous Owner Rivard Kazlin $201,000
Previous Owner Johnson Alix $200,790
Previous Owner Warner Hannah $159,080
Previous Owner Doody Stephen C $88,000
Previous Owner Stanz Paul D $143,000
Previous Owner Stanz Paul D $133,500
Previous Owner Stanz Paul D $18,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $286,000 +2.5% $213 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $279,000 +132.5% $208 / Sq Ft
08/29/2013 08/29/13 Sold $120,000 -2.4% $83 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $122,900 -- $85 / 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 $2,768 $266,300 $29,900 $236,400
2022 $2,332 $254,200 $29,800 $224,400
2021 $1,944 $207,800 $25,900 $181,900
2020 $1,818 $188,000 $24,700 $163,300
2019 $1,735 $177,300 $23,500 $153,800
2018 $1,608 $160,900 $21,800 $139,100
2017 $1,793 $149,800 $20,200 $129,600
2016 $1,754 $141,400 $19,200 $122,200
2015 $1,652 $138,500 $18,300 $120,200
2014 -- $123,900 $16,800 $107,100
2013 -- $94,541 $12,121 $82,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6473098

NorthstarMLS

APN: 20-40600-01-140