NOT LISTED FOR SALE

1008 W Richway Dr Albert Lea, MN 56007

Estimated Value: $229,000 - $261,919

3 Beds
2 Baths
1,789 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $210,000 $117 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,571/month

8 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Storage Room

About This Home

As of July 2023

Well 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.

Last Agent to Sell the Property

Matt Johnson

Leland Realty Listed on: 05/24/2023

Co-Listed By

Heather Allen

Leland Realty

Last Buyer's Agent

Rick Mummert

Century 21 Atwood

Century 21 Atwood

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,584

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 1225
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Concrete, Storage Space
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1789
  • Fireplace: No
  • Below Grade Finished Sq Ft: 564
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Bedroom 3, Family Room, Laundry, Storage
  • SqFtTotal: 2399.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Concrete, Garage Door Opener, Storage, Tuckunder Garage
  • Garage Square Feet: 500

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: Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x150
  • Lot Size Sq Ft: 8842.68
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 342150230
  • Tax Annual Amount: 2584
  • TaxWithAssessments: 2584.0000

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
$248,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,730
Avg. Annual Appreciation
7.96%
Original Mortgage
$210,000
Outstanding Balance
$204,990
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$43,740
Source: Public Records

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
Minehart Nancy $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minehart Nancy $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $2,962 $250,800 $26,800 $224,000
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

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Map

Source: NorthstarMLS

MLS Number: 6375313

NorthstarMLS

APN: 34.215.0230