NOT LISTED FOR SALE

7655 Borman Way Inver Grove Heights, MN 55076

Estimated Value: $279,000 - $287,000

3 Beds
2 Baths
1,620 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 06, 2012

Last sale price $136,000 $84 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,907/month

7 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Walk-In Closet
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Patio

About This Home

As of August 2012

This home is located at 7655 Borman Way, Inver Grove Heights, MN 55076 since 11 June 2012 and is currently estimated at $283,711, approximately $175 per square foot. This property was built in 1988. 7655 Borman Way is a home located in Dakota County with nearby schools including Hilltop Elementary School, Inver Grove Heights Middle School, and Simley Senior High School.

Last Agent to Sell the Property

Jill McNamee

Keller Williams Rlty Integrity Listed on: 06/11/2012

Last Buyer's Agent

Wendy Peterson

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,436

Year Built

  • 1988

Lot Details

  • 1,742 Sq Ft Lot
  • Few Trees

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal, trash

Listing and Financial Details

  • Assessor Parcel Number 201640001180

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,436

Year Built

1988

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: TH Quad/4 Corners
  • Amenities: Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.04
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1108
  • Parcel Number: 201640001180
  • Projected Closed Date: 08/06/2012
  • Taxes With Assessments: 1616
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1988

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x15, On Level: Main
  • Room 2: Dining Room, 11x15, On Level: Main
  • Room 3: Family Room, 15x17, On Level: Lower
  • Room 4: Kitchen, 15x8, On Level: Main
  • Room 5: Bedroom, 22x10, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: 11x10, On Level: Lower
  • Room 9: Deck, 10x8, On Level: Main
  • Room 10: Patio, 10x8, On Level: Lower
  • Room 11: Foyer, 7x5, On Level: Main
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1108
  • Below Grade Finished Sq Ft: 512
  • Total Fin Square Footage: 1620

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 200

Schools

  • School District: Inver Grove Hts #199

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2012
Closed on
Aug 6, 2012
Sold by
Axtell Thomas E and Axtell Renae M
Bought by
Chandler Heather M
Seller's Agent
Jill McNamee
Keller Williams Rlty Integrity
Buyer's Agent
Wendy Peterson
Edina Realty, Inc.
List Price
$125,000
Sold Price
$136,000
Premium/Discount to List
$11,000
8.8%
Current Estimated Value
$283,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,711
Avg. Annual Appreciation
5.86%
Original Mortgage
$133,536
Outstanding Balance
$90,995
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$196,712

Purchase Details

Closed on
Oct 7, 2011
Sold by
Federal National Mortgage Association
Bought by
Axtell Thomas E and Axtell Renae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 2007
Sold by
Johnson Karla D
Bought by
White Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Weismiller Michael and Weismiller Judith
Bought by
Johnson Karla D

Purchase Details

Closed on
Jul 30, 1999
Sold by
Blaha Laurie Ellen
Bought by
Weismiller Michael and Weismiller Judith
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
Chandler Heather M $136,000 Alliance Title Llc
Axtell Thomas E -- Title One Inc
White Aaron $190,000 --
Johnson Karla D $162,500 --
Weismiller Michael $124,900 --
Weismiller Michael $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandler Heather M $133,536
Previous Owner Axtell Thomas E $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2012 08/06/12 Sold $136,000 +8.8% $84 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $125,000 -- $77 / 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 $2,436 $248,700 $38,100 $210,600
2023 $2,436 $248,900 $38,300 $210,600
2022 $2,130 $254,900 $38,300 $216,600
2021 $1,978 $207,500 $33,300 $174,200
2020 $1,804 $191,900 $31,700 $160,200
2019 $1,774 $177,200 $30,200 $147,000
2018 $1,719 $164,700 $27,900 $136,800
2017 $1,533 $159,000 $25,900 $133,100
2016 $1,514 $141,400 $24,600 $116,800
2015 $1,631 $115,796 $19,382 $96,414
2014 -- $116,777 $17,851 $98,926
2013 -- $102,498 $15,910 $86,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4331690

REALTOR® Association of Southern Minnesota

APN: 20-16400-01-180