7612 Borman Way
Inver Grove Heights, MN 55076
3 bd 3 ba 2,356 sqft Built 1988 Lot 1,742 sqft townhomes
Most recent sale
$275,300
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $275,300 | MLS #6177330 |
| Jul 7, 2022 | Listed | $290,000 | MLS #6177330 |
| Mar 1, 2018 | Sold | $213,000 | MLS #4903573 |
| Jan 29, 2018 | Listed | $214,900 | MLS #4903573 |
| Feb 19, 2014 | Listed | $169,900 | MLS #4448791 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $236,489 | $35,459 | $271,948 | $3,106 |
| 2023 | $251,049 | $36,967 | $288,016 | $2,964 |
| 2022 | $193,871 | $31,143 | $225,014 | $2,528 |
| 2021 | $179,557 | $29,325 | $208,882 | $2,394 |
| 2020 | $179,557 | $29,325 | $208,882 | $2,208 |
| 2019 | $164,097 | $27,563 | $191,660 | $2,124 |
| 2018 | $146,085 | $24,974 | $171,059 | $2,332 |
| 2017 | $163,000 | $25,900 | $188,900 | $2,089 |
| 2016 | $138,300 | $24,600 | $162,900 | $2,155 |
| 2015 | $145,200 | $23,500 | $168,700 | $2,688 |
| 2014 | $144,200 | $21,600 | $165,800 | $2,029 |
| 2013 | $130,400 | $19,900 | $150,300 | $2,377 |
| 2012 | $124,300 | $19,900 | $144,200 | $2,270 |
| 2011 | $133,600 | $21,000 | $154,600 | $1,968 |
| 2009 | $176,500 | $27,200 | $203,700 | $2,101 |
| 2008 | $176,500 | $27,200 | $203,700 | $2,076 |
| 2007 | $175,700 | $27,200 | $202,900 | $1,815 |
Property facts
Year built
1988
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
2,356 sqft
Lot size
1,742 sqft
ZIP code
55076
City
Inver Grove Heights
Street
Borman Way
Coordinates
44.83909, -93.05256
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,652
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7612 Borman Way last sell?
7612 Borman Way most recently sold on Aug 15, 2022 for $275,300.
What is the current tax assessment for 7612 Borman Way?
The most recent total assessment for 7612 Borman Way (year 2025) is $271,948 with $3,106 in property tax.
How does 7612 Borman Way's assessment compare to its last sale price?
The current assessment is 1.2% below the last sale price of $275,300.
When was 7612 Borman Way built?
7612 Borman Way was built in 1988.
How does 7612 Borman Way compare to others on Borman Way?
We track 8 other properties on Borman Way. Browse the list under "Other properties on Borman Way" to compare beds, baths, and sale history.
What are the property facts for 7612 Borman Way?
7612 Borman Way is a 3 bed, 3 bath, 2,356 sqft, 1,742 sqft lot townhomes.
Is 7612 Borman Way a flip candidate?
No — 7612 Borman Way does not appear in our flips dataset.
Is 7612 Borman Way a tax-appeal candidate?
No — 7612 Borman Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$302.8K
2026 Q4
$299K
ZIP 55076 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Borman Way