NOT LISTED FOR SALE

1018 Abbott St Albert Lea, MN 56007

Estimated Value: $161,000 - $215,000

3 Beds
1.5 Baths
1,526 Sq Ft
$119/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $175,000 $115 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,140/month

179 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Entrance Foyer
  • Deck
  • Living Room

About This Home

As of January 2023

3 bedroom Lake Home on Fountain Lake's Dane Bay. Dane Bay and Fountain Lake were each recently dredged. Large 30x14 deck, private back yard with dock, patio and boat house all over looking the bay.

Last Agent to Sell the Property

Robert Hoffman

Robert Hoffman Realty Inc. Listed on: 07/11/2022

Last Buyer's Agent

Cody Parkin

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1888

Lot Details

  • 10,846 Sq Ft Lot
  • Lot Dimensions are 65x165
  • Lake Front
  • Chain Link Fence
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,526 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Deck

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • College Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341130630

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1888

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1888
  • Above Grade Finished Sq Ft: 1526
  • Water Body Name: Fountain
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 20x30
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1526
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Foyer, Deck, Laundry
  • SqFtTotal: 2326.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Pitched
  • Fencing: Chain Link
  • View: Bay
  • Other Structures: Boat House
  • Lake Acres: 521
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 440
  • ParkingOpen: 2

Utilities

  • Heating: Boiler, Radiant
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Panoramic View,Boat Slip

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 65x165
  • Lot Size Sq Ft: 10846.44
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 341130630
  • Tax Annual Amount: 1376
  • TaxWithAssessments: 1430.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jan 18, 2023
Sold by
Espeland Wanye
Bought by
Parkin Cody
Seller's Agent
Robert Hoffman
Robert Hoffman Realty Inc.
Buyer's Agent
Cody Parkin
Coldwell Banker Realty
List Price
$249,900
Sold Price
$175,000
Premium/Discount to List
-$74,900
-29.97%
Views
107
Current Estimated Value
$181,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,786
Avg. Annual Appreciation
1.72%
Original Mortgage
$157,500
Outstanding Balance
$152,731
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$30,420

Purchase Details

Closed on
Dec 15, 2017
Sold by
Boyle Robert Robert
Bought by
Espeland Wayne Wayne
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parkin Cody $175,000 --
Espeland Wayne Wayne $114,000 --
Espeland Wayne R $114,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parkin Cody $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $175,000 -14.6% $115 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/21/2022 12/21/22 Price Changed $205,000 -4.7% $134 / Sq Ft
11/15/2022 11/15/22 Price Changed $215,000 -6.5% $141 / Sq Ft
10/03/2022 10/03/22 Price Changed $229,900 -8.0% $151 / Sq Ft
07/09/2022 07/09/22 For Sale $249,900 -- $164 / 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 $2,116 $149,300 $27,100 $122,200
2024 $1,896 $161,000 $27,100 $133,900
2023 $1,762 $143,200 $27,100 $116,100
2022 $1,430 $132,700 $27,100 $105,600
2021 $1,644 $102,600 $27,100 $75,500
2020 $1,646 $113,500 $27,100 $86,400
2019 $1,540 $109,000 $27,100 $81,900
2018 $1,556 $0 $0 $0
2016 $1,224 $0 $0 $0
2015 $1,188 $0 $0 $0
2014 $1,200 $0 $0 $0
2012 $1,484 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6232821

NorthstarMLS

APN: 34.113.0630