Seller's Agent in 2025
Jeffrey Hagel
Jeff Hagel
(952) 529-0066
1 in this area
257 Total Sales
1017 James Ave Albert Lea, MN 56007
Estimated Value: $20,000 - $51,000
3
Beds
2
Baths
961
Sq Ft
$39/Sq Ft
Est. Value
About This Home
As of July 2025Great 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
Jeff Hagel Brokerage Email: jeffrey.hagel@gmail.com Listed on: 07/09/2025
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
Home Design
- Vinyl Siding
Interior Spaces
- 961 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Lake Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 340360100
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
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
$17,767
Avg. Annual Appreciation
1183.61%
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Terry | $19,900 | -- | |
| Martin Gail Gail | $25,000 | -- | |
| Martin Gail Susan | $25,000 | None Available | |
| Delos Santos Jesse Jesse | $21,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Martin Gail Gail | $24,000 | |
| Previous Owner | Delos Santos Jesse Jesse | $21,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Jeffrey Hagel
-
Dillon Dale
Buyer's Agent in 2025
Dillon Dale
eXp Realty
(507) 995-8477
35 in this area
135 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6752287
APN: 34.036.0100
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