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.
Closed
$360,000
8725 Alverno Ave, Inver Grove Heights, MN 55077
3beds
2,125sqft
Single Family Residence
Built in 1961
1.15 Acres Lot
$445,100 Zestimate®
$169/sqft
$3,064 Estimated rent
Home value
$445,100
$401,000 - $490,000
$3,064/mo
Zestimate® history
Owner options
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$3,064/mo
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$2,265/mo
Est. payment
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$2,265/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Monica Schafer 651-428-3747,
RE/MAX Results
Bought with:
Raul Sanchez Aguilar
RES Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6527023
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Lower
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Fireplace(s), Hot Water
Cooling
- Central Air
Appliances
- Included: Cooktop, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Refrigerator, Washer
- Laundry: Common Area, Gas Dryer Hookup, Laundry Closet, Laundry Room, Main Level
Features
- Basement: Block,8 ft+ Pour,Partially Finished,Storage Space,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Family Room, Masonry, Insert
Interior area
- Total structure area: 2,125
- Total interior livable area: 2,125 sqft
- Finished area above ground: 1,425
- Finished area below ground: 700
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Gravel
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool
- Fencing: Wood
Lot
- Size: 1.15 Acres
- Dimensions: 221 x 170 x 226 x 221
- Features: Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 1425
- Parcel number: 200180053010
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Dakota Electric Association
- Gas: Electric, Natural Gas
- Sewer: Septic System Compliant - Yes
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Inver Grove Heights
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $476,200
- Annual tax amount: $4,986
- Date on market: 5/15/2024
- Cumulative days on market: 15 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2024 | Sold | $360,000+2.9%$169/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6527023 Report a problem | ||
| 5/29/2024 | Pending sale | $350,000$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6527023 Report a problem | ||
| 5/14/2024 | Listed for sale | $350,000$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6527023 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,916 +11.6% | $476,200 +5.6% |
| 2023 | $5,302 +6.3% | $451,100 +0.4% |
| 2022 | $4,986 +1.9% | $449,300 +9.8% |
| 2021 | $4,892 +8.7% | $409,300 +9.4% |
| 2020 | $4,500 +3.6% | $374,235 +4.6% |
| 2019 | $4,344 | $357,800 +6.1% |
| 2018 | $4,344 +10.3% | $337,100 +2.2% |
| 2017 | $3,939 +2.5% | $330,000 +5.3% |
| 2016 | $3,844 +2.3% | $313,500 +5% |
| 2015 | $3,759 +3% | $298,480 +5.6% |
| 2014 | $3,651 +8.2% | $282,784 +5.9% |
| 2013 | $3,374 +975.8% | $267,088 |
| 2012 | $314 -90.7% | -- |
| 2011 | $3,386 -4.4% | -- |
| 2010 | $3,542 -5% | -- |
| 2009 | $3,728 -1.4% | -- |
| 2008 | $3,781 +2.2% | -- |
| 2007 | $3,698 +11.5% | -- |
| 2006 | $3,318 +77.3% | -- |
| 2004 | $1,871 +8.5% | -- |
| 2003 | $1,724 +7.6% | -- |
| 2002 | $1,602 -4.1% | -- |
| 2001 | $1,670 | -- |
Find assessor info on the county website
Neighborhood: 55077
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Nearby schools
GreatSchools rating
- 8/10Pinewood Elementary SchoolGrades: K-5Distance: 1.8 mi
- 8/10Dakota Hills Middle SchoolGrades: 6-8Distance: 2.1 mi
- 10/10Eagan Senior High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$445,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$445,100
- Minnesota
- Dakota County
- Inver Grove Heights
- 55077
- 8725 Alverno Ave
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