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    • $415,000

    7531 Banning Way, Inver Grove Heights, MN 55077

    5beds
    2,464sqft
    Single Family
    Built in 1988
    0.64 Acres Lot
    $412,600 Zestimate®
    $168/sqft
    $3,585 Estimated rent

    Home value

    $412,600

    $384,000 - $441,000

    $3,585/mo

    Zestimate® history
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    What's special

    This home offers a warm, functional layout with a spacious kitchen featuring painted cabinetry, stainless steel appliances, generous counter space, and a charming custom bay window bench near the breakfast nook. The peninsula counter keeps the kitchen connected to the dining area, making everyday meals and entertaining easy. Spacious bedrooms provide comfortable retreats, while the recently finished lower level adds flexible living space, including a custom reading spot perfect for quiet moments or a cozy retreat. The walkout leads to a tiered backyard that opens to mature trees and peaceful open space with no homes directly behind, creating a private setting that feels calm and inviting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Yacoub-Raad 414-915-3577,

    Realty ONE Group SIMPLIFIED

    Bought with:

    Susan P. Nomeland

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6804841MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Bedroom 2
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10x9
    Bedroom 3
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 4
    • Level: Lower
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Bedroom 5
    • Level: Lower
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Dining room
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Family room
    • Level: Lower
    • Area: 558 Square Feet
    • Dimensions: 31x18
    Kitchen
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Laundry
    • Level: Lower
    • Area: 238 Square Feet
    • Dimensions: 17x14
    Living room
    • Level: Main
    • Area: 288 Square Feet
    • Dimensions: 18x16
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: Lower Level
    Features
    • Basement: Daylight,Drain Tiled,Finished,Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,704
    • Total interior livable area: 2,464 sqft
    • Finished area above ground: 1,352
    • Finished area below ground: 1,112

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt, Garage Door Opener, Insulated Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck
    • Fencing: None
    Lot
    • Size: 0.64 Acres
    • Features: Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1352
    • Parcel number: 203640004080
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Concrete
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Inver Grove Estates
    HOA
    • Has HOA: No
    Location
    • Region: Inver Grove Heights

    Financial & listing details

    • Price per square foot: $168/sqft
    • Tax assessed value: $351,900
    • Annual tax amount: $3,912
    • Date on market: 4/30/2026
    • Cumulative days on market: 59 days

    Price history

    DateEventPrice
    6/30/2026Sold$415,000-2.4%$168/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6804841 Report a problem
    6/30/2026Pending sale$425,000$172/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6804841 Report a problem
    5/6/2026Price change$425,000-5.6%$172/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6804841 Report a problem
    5/2/2026Listed for sale$450,000+59%$183/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6804841 Report a problem
    8/31/2018Sold$283,000+1.1%$115/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4968932 Report a problem
    6/18/2018Listed for sale$279,900-10.7%$114/sqft
    Source: RE/MAX ADVANTAGE PLUS #4968932 Report a problem
    6/14/2017Sold$313,500+14%$127/sqft
    Source: Public Record Report a problem
    8/20/2007Sold$274,900$112/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,830 -2.1%$351,900 -7.7%
    2023$3,912 +2%$381,200 +1.1%
    2022$3,836 +8.1%$377,000 +15.9%
    2021$3,548 +7.6%$325,300 +12.4%
    2020$3,298 +4.8%$289,324 +1%
    2019$3,148 $286,400 -0.8%
    2018$3,148 -7.8%$288,700 +8.1%
    2017$3,415 +6.5%$267,000 +9.5%
    2016$3,205 +8.6%$243,900 +9.8%
    2015$2,953 +3.3%$222,071 +9.1%
    2014$2,859 +2.1%$203,541 +7.3%
    2013$2,801 +9.9%$189,698
    2012$2,549 -6.4%--
    2011$2,724 +3.3%--
    2010$2,636 -3.6%--
    2009$2,734 -0.6%--
    2008$2,751 +4.3%--
    2007$2,639 +4.4%--
    2006$2,528 +19.1%--
    2004$2,123 +2.8%--
    2003$2,066 +19.7%--
    2002$1,726 -19.9%--
    2001$2,155 --
    Find assessor info on the county website

    Neighborhood: 55077

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    Estimated market value
    $412,600
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    Estimated market value
    $412,600

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