NOT LISTED FOR SALE

7567 Banning Way Inver Grove Heights, MN 55077

Estimated Value: $417,000 - $545,000

5 Beds
3.5 Baths
2,659 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $290,000 $109 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,817/month

5 Days on Market

Highlights

  • Deck
  • Porch
  • Woodwork
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of August 2014

Wonderful & spacious Home w/picturesque park-like Bkyd w/pond! 4 Bdrms on one level, Kit w/ss appl, ML FR w/FP, LL FR w/built-ins, Lg Deck o'looking private Bkyd! New Roof/Siding/Furnace & newer AC/H2O Heater! Close to schools/parks/trails & comm. center!

Last Agent to Sell the Property

Jim Herrmann

Home Avenue - Agent Listed on: 07/11/2014

Co-Listed By

Doreen Herrmann

Home Avenue - Agent

Last Buyer's Agent

Travis Anderson

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • Irregular Lot
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 203640004020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.37
  • Construction: Previously Owned
  • Foundation Size: 938
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 203640004020
  • Projected Closed Date: 08/29/2014
  • Stories: 2 Story
  • Street Designation: Way
  • Taxes With Assessments: 2896
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 15x12, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Family Room, 16x13, On Level: Main
  • Room 4: Kitchen, 13x12, On Level: Main
  • Room 5: Bedroom, 15x13, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 8: Bedroom, 10x10, On Level: Upper
  • Room 9: Bedroom, 13x11, On Level: Lower
  • Room 10: Family Room, 20x13, On Level: Lower
  • Room 11: Deck, 24x10, On Level: Main
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1917
  • Below Grade Finished Sq Ft: 742
  • Total Fin Square Footage: 2659

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Brick, Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Inver Grove Hts #199

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Irregular Lot, Tree Coverage - Heavy

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2014
  • Tax Value: 2896

MLS Schools

  • School District: Inver Grove Hts #199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Aug 29, 2014
Sold by
Skow Lary L and Skow Melany A
Bought by
Schwab Richard S and Schwab Melissa L
Seller's Agent
Jim Herrmann
Home Avenue - Agent
Buyer's Agent
Travis Anderson
Keller Williams Premier Realty
List Price
$294,000
Sold Price
$290,000
Premium/Discount to List
-$4,000
-1.36%
Current Estimated Value
$464,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,680
Avg. Annual Appreciation
4.39%
Original Mortgage
$284,747
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Schwab Richard S $290,000 Esquire Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Richard S $284,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $290,000 -1.4% $109 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $294,000 -- $111 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $4,234 $387,100 $84,400 $302,700
2023 $4,234 $409,900 $82,300 $327,600
2022 $3,746 $404,600 $82,200 $322,400
2021 $3,484 $341,800 $71,500 $270,300
2020 $3,382 $314,800 $68,100 $246,700
2019 $3,615 $305,400 $64,800 $240,600
2018 $3,486 $303,800 $61,700 $242,100
2017 $3,316 $291,900 $58,800 $233,100
2016 $3,203 $270,100 $56,000 $214,100
2015 $3,196 $249,321 $51,875 $197,446
2014 -- $232,753 $49,426 $183,327
2013 -- $212,588 $45,541 $167,047
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jim Herrmann

    Home Avenue - Agent

  • D

    Seller Co-Listing Agent in 2014

    Doreen Herrmann

    Home Avenue - Agent

  • T

    Buyer's Agent in 2014

    Travis Anderson

    Keller Williams Premier Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4646481

REALTOR® Association of Southern Minnesota

APN: 20-36400-04-020

Minnesota Dakota County Inver Grove Heights 55077

7567 Banning Way, Inver Grove Heights, MN

This home is located at 7567 Banning Way, Inver Grove Heights, MN 55077 since 11 July 2014 and is currently estimated at $464,680, approximately $174 per square foot. This property was built in 1988. 7567 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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