NOT LISTED FOR SALE

7543 Banning Way Inver Grove Heights, MN 55077

Estimated Value: $287,000 - $330,487

3 Beds
2 Baths
1,828 Sq Ft
$169/Sq Ft Est. Value

About This Home

This home is located at 7543 Banning Way, Inver Grove Heights, MN 55077 and is currently estimated at $308,122, approximately $168 per square foot. 7543 Banning 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
Jan 22, 2021
Sold by
Elvestad Real Estate Holdings Llc
Bought by
Hassen Fami
Current Estimated Value
$308,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,885
Outstanding Balance
$204,226
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$103,896

Purchase Details

Closed on
Sep 15, 2020
Sold by
Corley Christine and Corley Daniel E
Bought by
Elvestad Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2020
Sold by
Awoji Fatu and Agda Sanday
Bought by
Lange Daniel and Corley Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Murray Paul G
Bought by
Kwoji Fatu

Purchase Details

Closed on
Oct 23, 1998
Sold by
Mendez Adam M and Mendez Sandra S
Bought by
Murray Paul G
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hassen Fami $235,000 On Site Title
Elvestad Real Estate Holdings Llc $210,000 Dca Title
Lange Daniel $240,000 Dca Title
Kwoji Fatu $171,500 --
Murray Paul G $114,000 --
Hassen Fami Fami $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassen Fami $225,885
Closed Hassen Fami Hussein $225,885
Previous Owner Elvestad Real Estate Holdings Llc $167,000
Previous Owner Lange Daniel $180,000
Previous Owner Agada Sunday $100,000
Closed Hassen Fami Fami $228,937
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 $2,798 $281,300 $61,900 $219,400
2022 $2,536 $289,500 $61,800 $227,700
2021 $2,404 $241,300 $53,800 $187,500
2020 $2,256 $226,600 $51,200 $175,400
2019 $2,308 $214,000 $48,800 $165,200
2018 $2,104 $205,100 $46,500 $158,600
2017 $2,955 $187,900 $44,200 $143,700
2016 $2,081 $167,800 $42,200 $125,600
2015 $1,985 $162,900 $41,100 $121,800
2014 -- $145,700 $39,600 $106,100
2013 -- $137,200 $36,900 $100,300
Source: Public Records

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