14 days on rocket

8725 Alverno Ave, Inver Grove Heights, MN, 55077

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
2 Full Baths
2,125 SqFt
$165/SqFt
House
Schools Nearby

Location

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8725 Alverno Ave, Inver Grove Heights$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel
Garage2 spaces
Year Built1961
HeatingForced Air, Fireplace(s), Hot Water
CoolingCentral Air
BasementYes
FireplaceFamily Room, Full Masonry, Insert
MLS #6527023
StatusActive

About 8725 Alverno Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 2,125 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Cooktop, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Family Room, Full Masonry, Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s), Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eagan High School, Public District Grades 9-12
  • Dakota Hills Middle School, Public District Grades 6-8
  • Pinewood Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: 52 S to 70th St E (R) to Robert Trail (L) to Rich Valley (R) to Alverno to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $4,500
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Inver Grove Heights, MN.

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Inver Grove Heights, MN

City

Med. Sold Price

$371.4K

Med. Price/SqFt

$188

Avg. Days On Market

45

# of Sold Homes

27

8725 Alverno Ave vs Inver Grove Heights

14 DAYS ON ROCKET

-31 Days

$350,000

-$21.4K Less

$165/SqFt

-$24 Less

KEY TAKEAWAY

This property is $21.4K less than the Median Sold Price and $24/SqFt less than other homes in Inver Grove Heights, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6527023

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 5/28/2024, 11:22:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,500$377,500
2019$4,344$352,762
2018$3,938$330,199
2017$3,844$322,460

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4009191
7
/10

  • Pinewood Elementary

  • 4300 Dodd Rd

  • 1.75 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4009192
7
/10

  • Dakota Hills Middle School

  • 4183 Braddock Trl

  • 2.05 miles

  • Public District Grades 6-8

High School

school-card-donut-4009193
8
/10

  • Eagan High School

  • 4185 Braddock Trl

  • 2.06 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,791. The most common annual income of people living in Inver Grove Heights, MN is between $35k-100k. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8725 Alverno Ave

What is the listing price of this property?

The listing price of 8725 Alverno Ave property is $350,000.

What type of property is this?

The property 8725 Alverno Ave is a house located in Inver Grove Heights, Minnesota, 55077.

Is this property for sale now?

Active Listing: 8725 Alverno Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8725 Alverno Ave are:
Pinewood Elementary: GreatSchools Rating 7/10
Dakota Hills Middle School: GreatSchools Rating 7/10
Eagan High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,500 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8725 Alverno Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8725 Alverno Ave is 2,125 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8725 Alverno Ave is 1961.

Rocket Homes›Minnesota›Dakota County›Inver Grove Heights›55077›8725 Alverno Ave

This home is located at 8725 Alverno Ave in Inver Grove Heights, MN and zip code 55077. This 2,125 square foot home was built in 1961. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $350,000.

Inver Grove Heights, MN housing market in April 2024 saw over 8 listings sold above listed price, more than 5 sold at listed price and over 14 sold below. Between March 2024 and April 2024, Inver Grove Heights, MN real estate market has seen increase in the number of listings by 19.5%. In April 2024 median list price was $371,495 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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