NOT LISTED FOR SALE

7561 Banning Way Inver Grove Heights, MN 55077

Estimated Value: $371,000 - $428,000

4 Beds
2 Baths
1,582 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 7561 Banning Way, Inver Grove Heights, MN 55077 and is currently estimated at $411,925, approximately $260 per square foot. 7561 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
Aug 13, 2019
Sold by
Parks Larry W
Bought by
Parks Larry W and Parks David Wayne
Current Estimated Value
$411,925

Purchase Details

Closed on
Feb 12, 2016
Sold by
Parks Barbara J and Parks Larry W
Bought by
Parks Larry W

Purchase Details

Closed on
Apr 29, 1997
Sold by
Ideker Gerald L and Ideker Mary C
Bought by
Perrin William S and Perrin Lisa J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Parks Larry W -- Land Title Inc
Perrin William S $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrin William S $25,000
Open Perrin William S $145,000
Closed Perrin William S $25,000
Closed Perrin Lisa J $225,000
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 $4,142 $401,800 $82,300 $319,500
2022 $3,750 $401,500 $82,200 $319,300
2021 $3,494 $342,100 $71,500 $270,600
2020 $3,404 $315,600 $68,100 $247,500
2019 $3,629 $307,300 $64,800 $242,500
2018 $3,439 $304,800 $61,700 $243,100
2017 $3,182 $288,300 $58,800 $229,500
2016 $3,043 $260,500 $56,000 $204,500
2015 $2,977 $236,568 $51,514 $185,054
2014 -- $216,621 $48,923 $167,698
2013 -- $203,650 $45,245 $158,405
Source: Public Records

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