1004 Fairlane Terrace Albert Lea, MN 56007
Estimated Value: $139,000 - $193,000
3
Beds
1
Bath
2,240
Sq Ft
$77/Sq Ft
Est. Value
About This Home
This home is located at 1004 Fairlane Terrace, Albert Lea, MN 56007 and is currently estimated at $172,150, approximately $76 per square foot. 1004 Fairlane Terrace is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2019
Sold by
Pestorious David M and Pestorious Ann M
Bought by
Hernandez Andew
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,623
Outstanding Balance
$109,619
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$62,531
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Andew | $124,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Andew | $124,623 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,912 | $157,100 | $21,000 | $136,100 |
| 2024 | $1,608 | $140,100 | $21,000 | $119,100 |
| 2023 | $1,616 | $125,200 | $21,000 | $104,200 |
| 2022 | $1,500 | $126,300 | $21,000 | $105,300 |
| 2021 | $1,544 | $106,400 | $21,000 | $85,400 |
| 2020 | $1,570 | $109,500 | $19,400 | $90,100 |
| 2019 | $1,718 | $95,400 | $17,100 | $78,300 |
| 2018 | $1,504 | $0 | $0 | $0 |
| 2016 | $1,324 | $0 | $0 | $0 |
| 2015 | $1,240 | $0 | $0 | $0 |
| 2014 | $1,430 | $0 | $0 | $0 |
| 2012 | $1,682 | $0 | $0 | $0 |
Source: Public Records
Map
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