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7630 Borman Way

Inver Grove Heights, MN 55076

3 bd 2 ba 1,670 sqft Built 1987 Lot 1,742 sqft townhomes
Most recent sale
$250,000
Jan 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2026 Listed $280,000 NorthstarMLS
Jan 26, 2022 Sold $250,000 MLS #6131627
Dec 15, 2021 Price changed $270,000 MLS #6131627
Dec 10, 2021 Listed $275,000 MLS #6131627

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,400 $38,100 $256,500 $2,896
2023 $209,685 $36,257 $245,942 $2,538
2022 $163,392 $30,448 $193,840 $2,184
2021 $147,446 $28,518 $175,964 $2,024
2020 $147,446 $28,518 $175,964 $1,860
2019 $134,190 $26,732 $160,922 $1,814
2018 $121,338 $24,215 $145,553 $1,760
2017 $117,168 $22,281 $139,449 $1,554
2016 $98,118 $20,403 $118,521 $1,511
2015 $96,205 $19,373 $115,578 $1,612
2014 $97,562 $17,798 $115,360 $1,425
2013 $86,692 $15,915 $102,607 $1,381
2012 $83,873 $15,791 $99,664 $1,507
2011 $96,167 $17,231 $113,398 $1,509
2009 $148,600 $27,200 $175,800 $1,599
2008 $148,600 $27,200 $175,800 $1,578
2007 $148,000 $27,200 $175,200 $1,517

Property facts

Year built
1987
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,670 sqft
Lot size
1,742 sqft
ZIP code
55076
City
Inver Grove Heights
Street
Borman Way
Coordinates
44.83863, -93.05312

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,505
Gross rental yield
12.02%
Implied cap rate
7.82%
Trend-extrapolated value

Frequently asked questions

When did 7630 Borman Way last sell?
7630 Borman Way most recently sold on Jan 26, 2022 for $250,000.
What is the current tax assessment for 7630 Borman Way?
The most recent total assessment for 7630 Borman Way (year 2025) is $256,500 with $2,896 in property tax.
How does 7630 Borman Way's assessment compare to its last sale price?
The current assessment is 2.6% above the last sale price of $250,000.
When was 7630 Borman Way built?
7630 Borman Way was built in 1987.
How does 7630 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 7630 Borman Way?
7630 Borman Way is a 3 bed, 2 bath, 1,670 sqft, 1,742 sqft lot townhomes.
Is 7630 Borman Way a flip candidate?
No — 7630 Borman Way does not appear in our flips dataset.
Is 7630 Borman Way a tax-appeal candidate?
No — 7630 Borman Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$302.8K
2026 Q4
$299K
ZIP 55076 — Median Price History + Forecast

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