NOT LISTED FOR SALE

8876 Inverness Terrace Brooklyn Park, MN 55443

Edinburgh Neighborhood

Estimated Value: $474,000 - $531,000

4 Beds
3 Baths
3,366 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $437,000 $130 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,199/month

42 Days on Market

Highlights

  • Game Room
  • The kitchen features windows
  • 3 Car Attached Garage
  • Stainless Steel Appliances
  • Porch
  • Patio

About This Home

As of December 2023

Welcome to the Highlands of Edinburgh! This large, stunning home has the perfect layout for entertaining and enjoying space throughout. Exceptionally well built. Originally a model, it features 4 BRs, 3 baths, large eat-in kitchen, formal dining, living room, family room and heated four season porch. Kitchen includes granite countertops, stainless steel appliances, and cabinets galore w/ oversized pantry. Dining room leads to a bright living room with bay windows. Need to relax, take a couple steps down to the large, cozy family room w/ gas fireplace, wet bar and walk out to patio. Upper level boasts 3 BRS, full bath and primary suite with vaulted ceilings, walk-in closet and large bath w/ separate whirlpool tub and shower. And don't forget to check out the lowest level with another entertainment space and workbench room. Wood shake roof, .29 of an acre and 3 car heated garage! Fresh paint/carpet throughout. Tastefully updated without losing original character and charm.

Last Agent to Sell the Property

Marty Morgan

Morgan And Trust Realty Listed on: 10/15/2023

Last Buyer's Agent

Pamellah Forester

Platinum Realty & Associates

Platinum Realty & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 119x125x85x117

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Workroom
  • Game Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Highlands Of Edinburghfirst Association
  • The Highlands Of Edinburgh 1St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1511921310044

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,629

Year Built

Built in 1986

Lot Details

0

HOA Fees

$14 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 2708
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 3366
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 658
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Four Season Porch, Laundry, Amusement Room, Work Room, Patio, Porch

Beds/Baths

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

Exterior Features

  • Roof: Shake, Age Over 8 Years
  • Fencing: None
  • PatioPorchType: Covered,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage, Insulated Garage
  • Garage Square Feet: 1023

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association Fee: 168
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Exercise Room,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Highlands of EdinburghFirst Association

Schools

  • Junior High Dist: Osseo
  • SchoolDistrictNumber: 279
  • SchoolDistrictPhone: 763-391-7000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 119x125x85x117
  • Lot Size Sq Ft: 12632.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1511921310044
  • Tax Annual Amount: 5629
  • TaxWithAssessments: 5629.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Dec 12, 2023
Sold by
Stegeman Brian and Stegeman Jennifer
Bought by
Momanyi Irene Bochaberi
Seller's Agent
Marty Morgan
Morgan And Trust Realty
Buyer's Agent
Pamellah Forester
Platinum Realty & Associates
List Price
$449,500
Sold Price
$437,000
Premium/Discount to List
-$12,500
-2.78%
Views
104
Current Estimated Value
$495,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,750
Avg. Annual Appreciation
6.50%
Original Mortgage
$414,122
Outstanding Balance
$407,942
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$77,814

Purchase Details

Closed on
Feb 20, 2018
Sold by
Burnham Richard A and Burnham Doris G
Bought by
Stegeman Brian

Purchase Details

Closed on
Jul 31, 1998
Sold by
Helfricht August J and Helfricht Lisa M
Bought by
Burnham Richard A and Burnham Doris G
Source: Public Records

Range of Values:

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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
Momanyi Irene Bochaberi $437,000 All American Title Company
Stegeman Brian $360,000 Burnet Title
Burnham Richard A $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Momanyi Irene Bochaberi $414,122
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $437,000 -2.8% $130 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $449,500 -- $134 / 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 $6,049 $437,500 $130,000 $307,500
2022 $5,355 $429,100 $130,000 $299,100
2021 $5,169 $383,300 $68,000 $315,300
2020 $5,121 $372,000 $68,000 $304,000
2019 $4,866 $350,300 $68,000 $282,300
2018 $4,510 $318,200 $60,500 $257,700
2017 $4,892 $303,600 $60,500 $243,100
2016 $4,473 $276,200 $60,500 $215,700
2015 $4,549 $273,300 $50,400 $222,900
2014 -- $246,700 $50,400 $196,300
Source: Public Records

Agents Affiliated with this Home

  • Marty Morgan

    Seller's Agent in 2023

    Marty Morgan

    Morgan And Trust Realty

    (612) 432-5451

    1 in this area

    139 Total Sales

    Marty Morgan
    Section Image

  • P

    Buyer's Agent in 2023

    Pamellah Forester

    Platinum Realty & Associates

    (763) 300-7019

    1 in this area

    14 Total Sales

    Pamellah Forester
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6448390

NorthstarMLS

APN: 15-119-21-31-0044

Minnesota Hennepin County Brooklyn Park 55443 Edinburgh

8876 Inverness Terrace, Brooklyn Park, MN

This home is located at 8876 Inverness Terrace, Brooklyn Park, MN 55443 since 15 October 2023 and is currently estimated at $495,750, approximately $147 per square foot. This property was built in 1986. 8876 Inverness Terrace is a home located in Hennepin County with nearby schools including Woodland Elementary School, Park Center Senior High, and Athlos Leadership Academy.

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