1008 W Richway Dr Albert Lea, MN 56007
Estimated Value: $246,000 - $255,000
3
Beds
2
Baths
1,789
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Living Room
- Main Floor Primary Bedroom
- The kitchen features windows
- Storage Room
About This Home
As of July 2023Well maintained three bedroom, two bath home located on the north side of town. Open floor plan for the spacious living room and kitchen. Deck off the dining area overlooks the spacious and well landscaped backyard. Two car garage has additional room in the front for workbench or storage area. Home is close to walking trail and access to lake for boating, kayaking, or paddle boarding. this is must see.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,584
Year Built
- Built in 1989
Lot Details
- 8,843 Sq Ft Lot
- Lot Dimensions are 65x150
- Irregular Lot
- Few Trees
Parking
- 2 Car Garage
- Parking Storage or Cabinetry
- Tuck Under Garage
- Garage Door Opener
Home Design
- Bi-Level Home
Interior Spaces
- Family Room
- Living Room
- Dining Room
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Storage
- Basement Window Egress
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Cable TV Available
Community Details
- No Home Owners Association
- Shore Acres Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 342150230
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2023
Closed on
Jul 12, 2023
Sold by
Langsev Edith and Langsev Lawrence
Bought by
Minehart Nancy
Seller's Agent
Matt Johnson
Leland Realty
Buyer's Agent
Rick Mummert
Century 21 Atwood
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Views
186
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,526
Avg. Annual Appreciation
9.71%
Original Mortgage
$210,000
Outstanding Balance
$206,012
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$45,359
Similar Homes in Albert Lea, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Minehart Nancy | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Minehart Nancy | $210,000 | |
| Previous Owner | Langsev Lawrence W | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $210,000 | +5.1% | $117 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/24/2023 05/24/23 | For Sale | $199,900 | -- | $112 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2024 | $3,002 | $212,000 | $26,800 | $185,200 |
| 2023 | $2,584 | $212,000 | $26,800 | $185,200 |
| 2022 | $2,460 | $186,500 | $20,500 | $166,000 |
| 2021 | $2,182 | $157,000 | $20,500 | $136,500 |
| 2020 | $2,230 | $144,200 | $18,900 | $125,300 |
| 2019 | $1,970 | $131,700 | $17,300 | $114,400 |
| 2018 | $1,916 | $0 | $0 | $0 |
| 2016 | $1,686 | $0 | $0 | $0 |
| 2015 | $1,830 | $0 | $0 | $0 |
| 2014 | $1,764 | $0 | $0 | $0 |
| 2012 | $2,310 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Johnson
Seller's Agent in 2023
Matt Johnson
Leland Realty
(507) 213-0360
183 in this area
256 Total Sales
-
Heather Allen
Seller Co-Listing Agent in 2023
Heather Allen
Leland Realty
(507) 318-0453
184 in this area
259 Total Sales
-
Rick Mummert
Buyer's Agent in 2023
Rick Mummert
Century 21 Atwood
(507) 383-5773
219 in this area
276 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6375313
APN: 34.215.0230
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