NOT LISTED FOR SALE

8725 Alverno Ave Inver Grove Heights, MN 55077

Estimated Value: $365,000 - $560,000

3 Beds
2 Baths
2,125 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $360,000 $169 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,048/month

14 Days on Market

Highlights

  • In Ground Pool
  • 49,963 Sq Ft lot
  • Double Oven
  • Pinewood Elementary School Rated A-
  • No HOA
  • The kitchen features windows

About This Home

As of June 2024

Welcome to your canvas of opportunity nestled in wonderful Inver Grove Heights! Situated on a sprawling, lush acre of land, 4 bedrooms, family room downstairs, 2 bathrooms, plenty of parking on a single-level layout, this property is a diamond in the rough surrounded by upscale residences, promising a prime investment opportunity.
While this home calls for TLC, envision the immense potential and the promise of equity that awaits the savvy buyer or investor. Whether you dream of crafting your own oasis or embarking on a lucrative renovation project, this property is a blank slate just waiting for you.
Immerse yourself in the serene ambiance of the surroundings, where the beauty of nature envelops you, promising tranquil moments and a perfect retreat. Don't miss this rare opportunity to unlock the hidden gem of Inver Grove Heights. Whether you're a discerning homeowner or a seasoned investor, seize the chance to bring your dreams to life in this idyllic setting.

Last Agent to Sell the Property

Monica Schafer

RE/MAX Results Listed on: 05/14/2024

RE/MAX Results

Last Buyer's Agent

Raul Sanchez Aguilar

RES Realty

RES Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,986

Year Built

  • Built in 1961

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 221x170x226x221
  • Wood Fence

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Freezer
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Storage

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Well
  • Septic System
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 200180053010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,986

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 1425
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, 8 ft+ Pour, Partially Finished, Storage Space, Walkout
  • Appliances: Cooktop, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Refrigerator, Washer
  • Fireplace Features: Family Room, Full Masonry, Insert
  • Living Area: 2125
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 700
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Bedroom 4

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: Below Ground, Outdoor Pool
  • Fencing: Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 840

Utilities

  • Heating: Forced Air, Fireplace(s), Hot Water
  • Sewer: Septic System Compliant - Yes
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas
  • Power Company: Dakota Electric Association

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Multiple Phone Lines,Patio,Tile Floors

Schools

  • Junior High Dist: Rosemount-Apple Valley-Eagan
  • SchoolDistrictNumber: 196
  • SchoolDistrictPhone: 651-423-7700

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 221x170x226x221
  • Lot Size Sq Ft: 49963.32
  • 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

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 200180053010
  • Tax Annual Amount: 4986
  • TaxWithAssessments: 4986.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 28, 2024
Sold by
Homes By Witt Llc Dba C4d Crew
Bought by
Trejo Chepetla Gilberto and Sanchez Monica
Seller's Agent
Monica Schafer
RE/MAX Results
Buyer's Agent
Raul Sanchez Aguilar
RES Realty
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Views
38
Current Estimated Value
$478,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,322
Avg. Annual Appreciation
30.54%
Original Mortgage
$288,000
Outstanding Balance
$285,916
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$200,596

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 18, 2024
Sold by
Estate Of Laurie M Hampton
Bought by
Homes By Witt Llc Dba C4d Crew
Seller's Agent
Monica Schafer
RE/MAX Results
Buyer's Agent
Raul Sanchez Aguilar
RES Realty
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$285,916
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$200,596
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
Trejo Chepetla Gilberto $360,000 --
Homes By Witt Llc Dba C4d Crew $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homes By Witt Llc Dba C4d Crew $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $360,000 +2.9% $169 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $350,000 -- $165 / 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
2023 $5,302 $451,100 $169,500 $281,600
2022 $4,892 $449,300 $169,300 $280,000
2021 $4,500 $409,300 $147,200 $262,100
2020 $4,344 $377,500 $140,200 $237,300
2019 $3,939 $357,800 $133,500 $224,300
2018 $3,844 $337,100 $127,200 $209,900
2017 $3,759 $330,000 $121,100 $208,900
2016 $3,651 $313,500 $115,400 $198,100
2015 $3,374 $298,480 $109,120 $189,360
2014 -- $282,784 $104,407 $178,377
2013 -- $267,088 $96,714 $170,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6527023

NorthstarMLS

APN: 20-01800-53-010