NOT LISTED FOR SALE

7676 Borman Way Inver Grove Heights, MN 55076

Estimated Value: $185,577 - $228,000

2 Beds
1 Bath
946 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $75,000 $79 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,505/month

264 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Wheelchair Access
  • Skylights
  • Woodwork
  • Bathroom on Main Level

About This Home

As of April 2012

One level living with an open floor plan plus two bedrooms located close to shopping, both downtown St Paul & Mpls, the airport & more.

Last Listed By

Deb Grimme

Edina Realty, Inc. Listed on: 07/06/2011

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,460

Year Built

  • 1987

Lot Details

  • 1,307

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 946 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased

Additional Features

  • Wheelchair Access
  • 1,307 Sq Ft Lot

Community Details

  • Association fees include exterior maintenance, snow removal, trash

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,460

Year Built

1987

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: TH Quad/4 Corners
  • Ada Features: Partially Wheelchair
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Skylight, Vaulted Ceilings
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.03
  • Construction: Previously Owned
  • Foundation Size: 946
  • Mechanicals: Water Softener-Rented
  • Projected Closed Date: 04/30/2012
  • Taxes With Assessments: 930
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1987

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x10, On Level: Main
  • Room 2: Dining Room, 15x8, On Level: Main
  • Room 4: Kitchen, 14x8, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 13x9, On Level: Main
  • Finished Above Grade Sq Ft: 946
  • Total Fin Square Footage: 946

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2011
Closed on
Apr 30, 2012
Sold by
Burk Mary E
Bought by
Graner Allison M
Seller's Agent
Deb Grimme
Edina Realty, Inc.
Buyer's Agent
Gretchen Berg
Lakes Area Realty, Inc
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%
Total Days on Market
264
Current Estimated Value
$212,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,394
Avg. Annual Appreciation
8.29%
Original Mortgage
$73,098
Interest Rate
3.75%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Graner Allison M $75,000 Trademark Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granter Allison M $60,000
Closed Graner Allison M $63,000
Closed Graner Allison M $73,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $75,000 -16.7% $79 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
07/06/2011 07/06/11 For Sale $90,000 -- $95 / 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
2023 $1,460 $161,300 $38,300 $123,000
2022 $1,268 $165,800 $38,300 $127,500
2021 $1,210 $136,000 $33,300 $102,700
2020 $1,108 $129,200 $31,700 $97,500
2019 $1,054 $120,800 $30,200 $90,600
2018 $1,042 $110,300 $27,900 $82,400
2017 $906 $108,100 $25,900 $82,200
2016 $883 $96,100 $24,600 $71,500
2015 $921 $65,983 $16,374 $49,609
2014 -- $64,239 $14,904 $49,335
2013 -- $56,391 $13,064 $43,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4059844

REALTOR® Association of Southern Minnesota

APN: 20-16400-02-261