NOT LISTED FOR SALE

7850 Banks Path Inver Grove Heights, MN 55077

Estimated Value: $387,000 - $449,546

4 Beds
3 Baths
2,584 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $269,000 $104 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,659/month

13 Days on Market

Highlights

  • Deck
  • Fireplace
  • Landscaped with Trees
  • Fenced Yard
  • 2 Car Attached Garage
  • 4-minute walk to Inver Grove Heights Community Center Park

About This Home

As of October 2014

Immaculate 4-level with newer roof and siding (12'), stainless steel appliance, master suite w/master bath & walk-in closet. Front and back porch, side deck, large flat fenced in yard, heated insulated garage and more. Move in and enjoy!

Last Agent to Sell the Property

Brian Hurt

RE/MAX Results Listed on: 07/05/2014

Last Buyer's Agent

Moraghan DeRosia

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 134x90x134
  • Fenced Yard
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4-Story Property
  • Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 203640005030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Deck, Fenced Yard - Full
  • Estimated Number of Acres: 0.28
  • Construction: Previously Owned
  • Foundation Size: 1356
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 203640005030
  • Projected Closed Date: 09/30/2014
  • Stories: 4+ Level Split
  • Street Designation: Path
  • Taxes With Assessments: 2772
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x15, On Level: Upper
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 3: Family Room, 21x14, On Level: Lower
  • Room 4: Kitchen, 11x11, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Upper
  • Room 6: Bedroom, 13x9, On Level: Upper
  • Room 7: 11x11, On Level: Lower
  • Room 8: Bedroom, 11x10, On Level: Lower
  • Room 9: Laundry Room, 9x7, On Level: Main
  • Room 10: Deck, 14x12, On Level: Main
  • Room 11: Patio, 12x10, On Level: Main
  • Room 12: Rec Room, 21x16, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1356
  • Below Grade Finished Sq Ft: 1228
  • Total Fin Square Footage: 2584

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Inver Grove Hts #199

Lot Info

  • Estimated Lot Dimensions: 134x90x134
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2014
  • Tax Value: 2772

MLS Schools

  • School District: Inver Grove Hts #199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2014
Closed on
Oct 30, 2014
Sold by
Jeske John Anthony
Bought by
Martinez Daniel James and Martinez Mora Lee
Seller's Agent
Brian Hurt
RE/MAX Results
Buyer's Agent
Moraghan DeRosia
Coldwell Banker Burnet
List Price
$275,000
Sold Price
$269,000
Premium/Discount to List
-$6,000
-2.18%
Current Estimated Value
$424,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,887
Avg. Annual Appreciation
4.13%
Original Mortgage
$269,000
Outstanding Balance
$209,908
Interest Rate
4.2%
Estimated Equity
$208,681

Purchase Details

Listed on
Jul 5, 2014
Closed on
Sep 30, 2014
Sold by
Jeske John Anthony
Bought by
Martinez Mora Lee and Martinez Daniel James
Seller's Agent
Brian Hurt
RE/MAX Results
Buyer's Agent
Moraghan DeRosia
Coldwell Banker Burnet
List Price
$275,000
Sold Price
$269,000
Premium/Discount to List
-$6,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Outstanding Balance
$209,908
Interest Rate
4.2%
Estimated Equity
$208,681

Purchase Details

Closed on
May 11, 2005
Sold by
Tvedt Craig B and Tvedt Janet M
Bought by
Jeske Mary J and Jeske John Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.07%
Mortgage Type
New Conventional
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
Martinez Daniel James $134,500 Burnet Title
Martinez Mora Lee $134,500 Burnet Title
Martinez Mora Mora $269,000 --
Jeske Mary J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Mora Lee $55,000
Open Martinez Mora Mora $269,000
Closed Martinez Mora Lee $264,127
Previous Owner Jeske John Anthony $173,000
Previous Owner Jeske John Anthony $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $269,000 -2.2% $104 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
07/05/2014 07/05/14 For Sale $275,000 -- $106 / 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 $4,176 $380,900 $84,300 $296,600
2023 $4,176 $404,800 $82,200 $322,600
2022 $3,714 $400,100 $82,100 $318,000
2021 $3,488 $339,100 $71,400 $267,700
2020 $3,358 $315,100 $68,000 $247,100
2019 $3,647 $303,500 $64,800 $238,700
2018 $3,385 $306,200 $61,700 $244,500
2017 $3,122 $284,300 $58,700 $225,600
2016 $3,007 $258,600 $56,000 $202,600
2015 $2,968 $233,516 $51,328 $182,188
2014 -- $215,858 $48,898 $166,960
2013 -- $202,996 $45,131 $157,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4643813

REALTOR® Association of Southern Minnesota

APN: 20-36400-05-030