NOT LISTED FOR SALE

1008 James Ave Albert Lea, MN 56007

Estimated Value: $112,000 - $173,000

2 Beds
1 Bath
1,095 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $101,000 $92 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $844/month

7 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property

About This Home

As of June 2021

Well maintained two bedroom and one bath home. Home boasts hardwood floors throughout. Living room has many windows and a decorative fireplace. There's a separate dining room with corner hutches. Kitchen is spacious and has an eating area. Walk-up attic offers great potential for a third
bedroom once it's finished. Spacious one car garage is attached off the back of home. Basement is
unfinished and provides great additional storage. This home is a must see!

Last Listed By

Matt Johnson

Leland Realty Listed on: 04/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1939

Lot Details

  • 5,009 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • South Broadway Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340350710

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,092

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1939
  • Above Grade Finished Sq Ft: 1095
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Sump Pump, Unfinished
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Living Room
  • Living Area: 1095
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 2190.00

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 261

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Washer/Dryer Hookup,Walk-Up Attic

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 0.115
  • Lot Size Sq Ft: 5009.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 340350710
  • Tax Annual Amount: 1092
  • TaxWithAssessments: 1092.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 2, 2021
Sold by
Draayer Timothy and Selvaraj Sharon V
Bought by
Oyer Travis M
Seller's Agent
Matt Johnson
Leland Realty
Buyer's Agent
Thomas Strehlow
Leland Realty
List Price
$104,900
Sold Price
$101,000
Premium/Discount to List
-$3,900
-3.72%
Total Days on Market
7
Current Estimated Value
$133,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,666
Avg. Annual Appreciation
6.91%
Original Mortgage
$99,170
Outstanding Balance
$91,527
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$39,739

Purchase Details

Closed on
Nov 4, 2011
Sold by
Peterson Lowell N and Peterson Barbara Jean
Bought by
Draayer Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,889
Interest Rate
3.5%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oyer Travis M $101,000 North American Title
Draayer Timothy -- --
Oyer Travis Travis $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyer Travis M $99,170
Previous Owner Draayer Timothy $61,889
Closed Oyer Travis Travis $99,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $101,000 -3.7% $92 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $104,900 -- $96 / 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 $1,240 $117,400 $11,400 $106,000
2023 $1,282 $102,200 $11,400 $90,800
2022 $1,242 $105,500 $11,400 $94,100
2021 $1,092 $92,700 $11,400 $81,300
2020 $1,030 $66,800 $8,000 $58,800
2019 $876 $57,600 $6,800 $50,800
2018 $844 $0 $0 $0
2016 $668 $0 $0 $0
2015 $648 $0 $0 $0
2014 $666 $0 $0 $0
2012 $732 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5746305

NorthstarMLS

APN: 34.035.0710