NOT LISTED FOR SALE

7540 Banning Way Inver Grove Heights, MN 55077

Estimated Value: $461,000 - $516,000

4 Beds
2 Baths
2,844 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $489,900 $172 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,138/month

11 Days on Market

Highlights

  • Family Room with Fireplace
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • Living Room

About This Home

As of May 2024

Welcome to this one owner's meticulous, gorgeous, lower level walkout home. If you are looking for a home with a Mother-in-law suite or Day Care set up, look no further. As you step inside you'll immediately notice the inviting vaulted Great room, with a stone gas fireplace. Enjoy the eat in kitchen that has ample counter space, cabinets and pantry. There are many more great features to mention. French doors open to the formal dining area. Lower level features a large amusement room with a gas fireplace, full bath and second kitchen with appliances included. Walk outside and see the trex deck in the front and back, and stamped cement patio. Beautifully landscaped yard with a playhouse, swing set and outside water fountain. Main floor laundry room. Radon Mitigation system. New siding in 2020, roof in 2021, gutters in 2023, new furnace in 2021, and new water softener in 2020.

Last Agent to Sell the Property

Bettijo Norman

Keller Williams Realty Integrity Listed on: 02/21/2024

Keller Williams Realty Integrity

Last Buyer's Agent

Jennifer Tillges

LaBelle Real Estate Group Inc

LaBelle Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,486

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 149 x 166 x 149

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • Brick Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Game Room with Fireplace
  • Bonus Room
  • Storage Room
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Inver Grove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 203640003060

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,486

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water - In Street
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1884
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Brick, Family Room, Gas
  • Living Area: 2844
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 960
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Family Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Laundry, Kitchen- 2nd, Storage, Foyer, Bonus Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Composite Decking,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 484

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,French Doors,Hardwood Floors,Kitchen Window,Patio,Skylight,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 149 x 166 x 149
  • Lot Size Sq Ft: 12371.04
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 203640003060
  • Tax Annual Amount: 4486
  • TaxWithAssessments: 4486.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
May 10, 2024
Sold by
Carlson Robert and Carlson Barbara
Bought by
Gits Andrea
Seller's Agent
Bettijo Norman
Keller Williams Realty Integrity
Buyer's Agent
Jennifer Tillges
LaBelle Real Estate Group Inc
List Price
$489,900
Sold Price
$489,900
Total Days on Market
11
Views
39
Current Estimated Value
$492,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,460
Avg. Annual Appreciation
0.48%
Original Mortgage
$391,920
Outstanding Balance
$388,131
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$104,229
Source: Public Records

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Range of Values:

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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
Gits Andrea $489,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gits Andrea $391,920
Previous Owner Carlson Robert D $100,000
Previous Owner Carlson Robert D $46,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $489,900 0.0% $172 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $489,900 -- $172 / 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 $4,580 $443,100 $78,400 $364,700
2022 $3,850 $437,600 $78,300 $359,300
2021 $3,850 $371,000 $68,100 $302,900
2020 $3,688 $344,600 $64,800 $279,800
2019 $4,047 $330,300 $61,700 $268,600
2018 $3,793 $336,400 $58,800 $277,600
2017 $3,458 $310,500 $56,000 $254,500
2016 $3,287 $280,400 $53,400 $227,000
2015 $3,212 $255,861 $49,574 $206,287
2014 -- $233,952 $47,110 $186,842
2013 -- $218,038 $43,570 $174,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6479004

NorthstarMLS

APN: 20-36400-03-060