NOT LISTED FOR SALE

1014 E Richway Dr Albert Lea, MN 56007

Estimated Value: $203,000 - $227,000

3 Beds
2 Baths
2,184 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 1014 E Richway Dr, Albert Lea, MN 56007 and is currently estimated at $213,219, approximately $97 per square foot. 1014 E Richway Dr 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
Aug 24, 2020
Sold by
Cheesman Shawn M and Cheesman Sarah B
Bought by
Alvarez Mayra
Current Estimated Value
$213,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,482
Outstanding Balance
$121,069
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$92,150

Purchase Details

Closed on
Apr 26, 2019
Sold by
Hanson Carroll L and Jacobs Mavis Elaine
Bought by
Cheesman Shawn M and Cheesman Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Alvarez Mayra $139,000 Rochester Title
Cheesman Shawn M $62,000 None Available
Cheesman Shawn M $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Mayra $136,482
Previous Owner Cheesman Shawn M $99,200
Source: Public Records

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 $2,588 $195,600 $22,500 $173,100
2024 $2,140 $177,200 $22,500 $154,700
2023 $2,116 $158,300 $22,500 $135,800
2022 $1,980 $157,300 $22,500 $134,800
2021 $1,958 $131,700 $22,500 $109,200
2020 $2,022 $118,900 $20,800 $98,100
2019 $1,436 $103,500 $18,300 $85,200
2018 $1,200 $0 $0 $0
2016 $986 $0 $0 $0
2015 $912 $0 $0 $0
2014 $1,140 $0 $0 $0
2012 $1,304 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

1014 E Richway Dr, Albert Lea, MN

Not Listed for Sale

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