NOT LISTED FOR SALE

8541 College Trail Inver Grove Heights, MN 55076

Estimated Value: $505,000 - $575,000

4 Beds
3.5 Baths
3,010 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $505,000 $168 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,346/month

28 Days on Market

Highlights

  • Home fronts a pond
  • The kitchen features windows
  • Patio
  • Deck
  • 3 Car Attached Garage
  • 3-minute walk to Sleepy Hollow Park

About This Home

As of July 2024

Very affordable 4 bedroom Two Story on College Trail. Beautiful nature filled backyard with pond view. Backyard boasts paver patio, deck overlooking pond, fire ring, wooded, private views. 2 egress windows in lower level. 4th bedroom will be finished prior to closing. 4 Bedroom - 4 Baths - Priced to Sell. New furnace and new A/C.

Last Agent to Sell the Property

Greg Kuntz

RE/MAX Results Listed on: 04/11/2024

RE/MAX Results

Last Buyer's Agent

Jonathan Sells

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 2001

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 118x120x128
  • Home fronts a pond

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 150 Amp Service
  • Cable TV Available

Community Details

  • Association fees include professional mgmt, shared amenities
  • New Concepts Association, Phone Number (952) 922-2500
  • Birchwood Ponds East 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 201406202050

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,084

Year Built

Built in 2001

Lot Details

0

HOA Fees

$45 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2180
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 40x26+4x26
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 3010
  • Below Grade Finished Sq Ft: 830
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Patio, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 744
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Shared Amenities
  • Phone: 952-922-2500
  • Association Fee: 135
  • Association: Yes
  • Amenities Unit: Cable,Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Walk-In Closet

Association/Amenities

  • HOA Management Co: New Concepts

Schools

  • Junior High Dist: Inver Grove Hts. Community Schools
  • SchoolDistrictNumber: 199
  • SchoolDistrictPhone: 651-306-7800

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 118x120x128
  • Lot Size Sq Ft: 16422.12
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 201406202050
  • Tax Annual Amount: 5084
  • TaxWithAssessments: 5084.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jul 2, 2024
Sold by
Johnson Darrin and Gerbig Emily
Bought by
Pearson Scott and Pearson Jennifer
Seller's Agent
Greg Kuntz
RE/MAX Results
Buyer's Agent
Jonathan Sells
Edina Realty, Inc.
List Price
$520,000
Sold Price
$505,000
Premium/Discount to List
-$15,000
-2.88%
Views
55
Current Estimated Value
$544,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,628
Avg. Annual Appreciation
6.86%
Original Mortgage
$500,000
Outstanding Balance
$496,239
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$51,718

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 18, 2014
Sold by
Jordahl Kristine M
Bought by
Gerbig Emily
Seller's Agent
Lori McCahey
Coldwell Banker Burnet
Buyer's Agent
Gregory Kuntz
RE/MAX Results
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$255,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2001
Sold by
Birch Ponds Llc
Bought by
William Huttner Construction Inc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pearson Scott $505,000 --
Gerbig Emily $340,000 Midwest Guaranty Title Co
William Huttner Construction Inc $56,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Scott $500,000
Previous Owner Gerbig Emily $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $505,000 -2.9% $168 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $520,000 +52.9% $173 / Sq Ft
04/18/2014 04/18/14 Sold $340,000 -2.9% $105 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $350,000 -- $108 / Sq Ft
Source: NorthstarMLS

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 $5,084 $517,800 $149,800 $368,000
2023 $5,084 $491,900 $146,000 $345,900
2022 $4,762 $474,200 $145,800 $328,400
2021 $4,516 $427,100 $126,800 $300,300
2020 $4,510 $399,100 $120,800 $278,300
2019 $5,256 $397,000 $115,000 $282,000
2018 $4,475 $393,000 $109,500 $283,500
2017 $4,521 $366,200 $104,300 $261,900
2016 $4,485 $360,700 $99,400 $261,300
2015 $4,685 $350,146 $95,566 $254,580
2014 -- $343,170 $91,840 $251,330
2013 -- $316,247 $84,937 $231,310
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6517466

NorthstarMLS

APN: 20-14062-02-050