$49,000
SOLD FEB 25, 2025

1001 James Ave Albert Lea, MN 56007

3 Beds
1 Bath
1,297 Sq Ft
5,576 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

37% Below List Price

64 Days on Market

Highlights

  • No HOA
  • Living Room
  • Family Room
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Wood Fence

About This Home

As of February 2025

Spacious three bedroom and one bathroom home located on a corner lot. Attached two car garage and fenced in backyard are some great amenities. Upper-level family room. Spacious kitchen with an eat in area. This is a must see.

Last Agent to Sell the Property

Matt Johnson

Leland Realty Listed on: 12/03/2024

Co-Listed By

Heather Allen

Leland Realty

Last Buyer's Agent

Matt Johnson

Leland Realty Listed on: 12/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1891

Lot Details

  • 5,576 Sq Ft Lot
  • Lot Dimensions are 69x81
  • Wood Fence

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,297 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340360060

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1891

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1891
  • Above Grade Finished Sq Ft: 1297
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1297
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Family Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Wood

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 69x81
  • Lot Size Sq Ft: 5575.68
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 340360060
  • Tax Annual Amount: 938
  • TaxWithAssessments: 938.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Feb 25, 2025
Sold by
Estate Of Thomas C Orourke
Bought by
Nguyen Hau and Nguyen Kiet
Seller's Agent
Matt Johnson
Leland Realty
Buyer's Agent
Matt Johnson
Leland Realty
List Price
$77,900
Sold Price
$49,000
Premium/Discount to List
-$28,900
-37.1%
Views
180
Current Estimated Value
$58,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,563
Avg. Annual Appreciation
77.73%
Source: Public Records

Similar Homes in Albert Lea, MN

  • 1204 S Newton Ave, Albert Lea, MN 56007

    $50,500

    • 3 Beds
    • 2 Baths
    • 1,251 Sq Ft
    • 1204 S Newton Ave
    • Albert Lea, MN

    Full of charm and character, this 3-bedroom, 2-bath, 1.5-story home in Albert Lea is ready for your finishing touches! Featuring a beautiful brick exterior and a spacious 2-stall garage, this property offers great curb appeal and classic style. Inside, you'll find a layout filled with potential and a forced air system already in place. While the home needs some work, it’s a great opportunity to

    Taylor Smith HOMESTEAD ROAD

    Section Image
  • 717 Jefferson Ave, Albert Lea, MN 56007

    $59,950

    • 3 Beds
    • 1 Bath
    • 1,536 Sq Ft
    • 717 Jefferson Ave
    • Albert Lea, MN

    Perfectly located on the edge of downtown Albert Lea, this one-and-a-half-story home offers over 1,500 square feet of interior living space and exciting opportunity for customization. The main floor features high ceilings, a well-appointed kitchen with options for an eat-in breakfast area, and a bright, open living room ideal for entertaining. A formal or informal dining area is flooded with

    Mike Wilen Coldwell Banker Realty

    Section Image
  • 319 Court St, Albert Lea, MN 56007

    $48,000

    • 4 Beds
    • 1 Bath
    • 1,560 Sq Ft
    • 319 Court St
    • Albert Lea, MN

    This spacious 4-bedroom home features a charming front porch with windows, hardwood flooring in the formal dining and living areas, and a convenient pantry in the small kitchen. Windows have been recently replaced with custom units, enhancing its appeal. Upstairs, you'll find four bedrooms and a bathroom, along with an open attic that could serve as a den or additional space. Although the

    Lisa Evans Realty ONE Group Black Diamond

    Section Image
  • 730 W Front St, Albert Lea, MN 56007

    $54,900

    • 3 Beds
    • 1 Bath
    • 1,268 Sq Ft
    • 730 W Front St
    • Albert Lea, MN

    Perfect opportunity to put your talents to work to make this three bedroom and one bath home your own. Home has spacious living room and kitchen. Home is close to parks and schools. This is a must see!

    Matt Johnson Leland Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $49,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $49,000 -18.2% $38 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/22/2025 01/22/25 Price Changed $59,900 -4.8% $46 / Sq Ft
01/07/2025 01/07/25 Price Changed $62,900 -7.4% $48 / Sq Ft
12/24/2024 12/24/24 Price Changed $67,900 -6.9% $52 / Sq Ft
12/15/2024 12/15/24 Price Changed $72,900 -6.4% $56 / Sq Ft
12/03/2024 12/03/24 For Sale $77,900 -- $60 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $938 $65,900 $14,000 $51,900
2023 $948 $58,500 $14,000 $44,500
2022 $970 $59,200 $14,000 $45,200
2021 $1,120 $52,100 $14,000 $38,100
2020 $1,042 $55,900 $9,800 $46,100
2019 $886 $48,200 $8,400 $39,800
2018 $1,218 $0 $0 $0
2016 $1,200 $0 $0 $0
2015 $1,196 $0 $0 $0
2014 $1,220 $0 $0 $0
2012 $1,260 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6636209

NorthstarMLS

APN: 34.036.0060