NOT LISTED FOR SALE

7890 Banks Path Inver Grove Heights, MN 55077

Estimated Value: $413,000 - $485,000

3 Beds
2.5 Baths
2,373 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $215,000 $91 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,840/month

53 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Fireplace
  • 2 Car Attached Garage
  • 3-minute walk to Inver Grove Heights Community Center Park

About This Home

As of October 2012

Updated multi level on treed lot. Front porch, back deck-grilling patio. Fire ring area. Cedar brick-steel siding. Large kitchen-3 bedrooms up. 3/4 master-Walk-out. Nice family home.

Last Agent to Sell the Property

Dick Braun

Coldwell Banker Burnet Listed on: 07/19/2012

Last Buyer's Agent

Daniel Weber

Evolution Realty LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,252

Year Built

  • 1989

Lot Details

  • 0.28 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 4-Story Property
  • Fireplace
  • Combination Kitchen and Dining Room
  • Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 203640005050

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,252

Year Built

1989

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Deck, Driveway - Asphalt, Patio, Porch
  • Estimated Number of Acres: 0.28
  • Construction: Previously Owned
  • Foundation Size: 1425
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 203640005050
  • Projected Closed Date: 10/15/2012
  • Stories: 4+ Level Split
  • Taxes With Assessments: 2612.72
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Family Room, 20x12, On Level: Lower
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 21x12, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 7: 12x10, On Level: Upper
  • Room 9: Rec Room, 27x12, On Level: Lower
  • Room 10: Deck, 8x8, On Level: Upper
  • Room 11: Deck, 12x16, On Level: Main
  • Basement Features: Drainage System
  • Finished Above Grade Sq Ft: 2049
  • Below Grade Finished Sq Ft: 324
  • Total Fin Square Footage: 2373

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Inver Grove Hts #199

Lot Info

  • Estimated Lot Dimensions: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Oct 19, 2012
Sold by
Sperl Thomas P and Sperl Diane K
Bought by
Hoang Laura L
Seller's Agent
Dick Braun
Coldwell Banker Burnet
Buyer's Agent
Daniel Weber
Evolution Realty LLC.
List Price
$234,900
Sold Price
$215,000
Premium/Discount to List
-$19,900
-8.47%
Current Estimated Value
$450,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,123
Avg. Annual Appreciation
5.65%
Original Mortgage
$200,000
Outstanding Balance
$141,683
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$292,847
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
Hoang Laura L $215,000 Minnesota Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Laura L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $215,000 -8.5% $91 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $234,900 -- $99 / 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 $4,252 $411,600 $82,300 $329,300
2022 $3,700 $405,900 $82,200 $323,700
2021 $3,414 $337,900 $71,500 $266,400
2020 $3,288 $309,100 $68,100 $241,000
2019 $3,487 $297,700 $64,800 $232,900
2018 $3,250 $294,100 $58,800 $235,300
2017 $3,038 $274,100 $56,000 $218,100
2016 $2,947 $252,400 $53,400 $199,000
2015 $2,879 $228,829 $48,841 $179,988
2014 -- $209,318 $46,361 $162,957
2013 -- $191,333 $42,701 $148,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4349403

REALTOR® Association of Southern Minnesota

APN: 20-36400-05-050