NOT LISTED FOR SALE

7870 Banks Path Inver Grove Heights, MN 55077

Estimated Value: $385,000 - $416,976

4 Beds
2 Baths
1,018 Sq Ft
$396/Sq Ft Est. Value

About This Home

This home is located at 7870 Banks Path, Inver Grove Heights, MN 55077 and is currently estimated at $403,244, approximately $396 per square foot. 7870 Banks Path 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 30, 2017
Sold by
Fumich Jon T and Fumich Kristeelle R
Bought by
Schlief Marlee M and Schlief Nicholas P
Current Estimated Value
$403,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,410
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Bokhari Umair and Bokhari Tiffany
Bought by
Fumich Jon T and Dahn Kristelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,259
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 1999
Sold by
Becher Phillip J and Becher Dana J
Bought by
Bokhari Umair and Bokhari Tiffany
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
Schlief Marlee M $274,900 All American Title Co Inc
Fumich Jon T $187,000 Rels Title
Bokhari Umair $150,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlief Marlee M $286,400
Closed Schlief Marlee M $247,410
Previous Owner Fumich Jon T $201,600
Previous Owner Fumich Jon T $24,000
Previous Owner Fumich Jon T $182,259
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 $3,354 $331,200 $83,300 $247,900
2022 $3,020 $327,200 $83,200 $244,000
2021 $2,812 $281,400 $72,300 $209,100
2020 $2,686 $259,900 $68,900 $191,000
2019 $2,904 $248,900 $65,600 $183,300
2018 $2,682 $250,000 $60,700 $189,300
2017 $2,465 $231,400 $57,800 $173,600
2016 $2,391 $210,600 $55,100 $155,500
2015 $2,362 $184,902 $48,720 $136,182
2014 -- $170,950 $46,273 $124,677
2013 -- $158,633 $42,549 $116,084
Source: Public Records

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