$19,900
SOLD JUL 28, 2025

1017 James Ave Albert Lea, MN 56007

3 Beds
2 Baths
961 Sq Ft
8,189 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

50% Below List Price

3 Days on Market

About This Home

As of July 2025

Great opportunity for investors, rehabbers, or owner-occupants looking to build equity! This 3-bedroom, 2-bath home offers 961 sq ft of living space and sits on nearly a full acre—an oversized lot rarely found within city limits. With a functional layout and solid structure, this property is ready for renovation and personal touches. Ideal for a fix-and-flip, rental portfolio addition, or a homeowner seeking a renovation project. Convenient location in a quiet neighborhood with close proximity to schools, parks, and downtown Albert Lea. Property is being sold as-is. Bring your vision and unlock the full potential of this value-add opportunity!

Last Agent to Sell the Property

Jeffrey Hagel

Jeff Hagel Brokerage Email: jeffrey.hagel@gmail.com Listed on: 07/09/2025

Last Buyer's Agent

Dillon Dale

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1900

Lot Details

  • 8,189 Sq Ft Lot
  • Lot Dimensions are 49x165

Parking

  • 2 Car Garage

Interior Spaces

  • 961 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340360100

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 961
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: jeffrey.hagel@gmail.com
  • Attribution Contact: jeffrey.hagel@gmail.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 961
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 840

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 49x165
  • Lot Size Sq Ft: 8189.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 340360100
  • Tax Annual Amount: 300
  • TaxWithAssessments: 368.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Jul 23, 2025
Sold by
Martin Gail
Bought by
Johnson Terry
Seller's Agent
Jeffrey Hagel
Jeff Hagel
Buyer's Agent
Dillon Dale
eXp Realty
List Price
$40,000
Sold Price
$19,900
Premium/Discount to List
-$20,100
-50.25%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
773181.15%

Purchase Details

Closed on
Sep 13, 2017
Sold by
Sprague Douglas Douglas
Bought by
Martin Gail Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.93%

Purchase Details

Closed on
Jan 7, 2016
Sold by
Sprague - Trust Douglas Douglas
Bought by
Delos Santos Jesse Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.97%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $19,900 --
Deed $25,000 --
Contract Of Sale $25,000 None Available
Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $24,000 No Value Available
Previous Owner $21,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Sold $19,900 -50.3% $21 / Sq Ft
07/12/2025 07/12/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $40,000 -- $42 / 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 $368 $37,200 $18,500 $18,700
2024 $506 $29,900 $13,200 $16,700
2023 $1,498 $44,400 $13,200 $31,200
2022 $740 $45,200 $13,200 $32,000
2021 $566 $39,000 $13,200 $25,800
2020 $938 $33,700 $9,300 $24,400
2019 $372 $29,000 $7,900 $21,100
2018 $618 $0 $0 $0
2016 $1,230 $0 $0 $0
2015 $960 $0 $0 $0
2014 $978 $0 $0 $0
2012 $1,030 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6752287

NorthstarMLS

APN: 34.036.0100