NOT LISTED FOR SALE

1027 Cedar Ave Albert Lea, MN 56007

Estimated Value: $265,000 - $328,000

3 Beds
3 Baths
2,510 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $258,000 $103 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,830/month

213 Days on Market

Highlights

  • Family Room with Fireplace
  • Den
  • Porch
  • No HOA
  • The kitchen features windows
  • 2 Car Attached Garage

About This Home

As of December 2023

Located on a corner lot, this spacious 3 bedroom, 3 bath home with a 2 car attached garage features a lower level fireplace room, fully applianced eat-in kitchen, formal dining room, living room with fireplace, 3-season porch and walk-up attic. The owner's bedroom has 2 walk-in closets and hardwood floors throughout the house.

Last Agent to Sell the Property

Terry Fox

Coldwell Banker River Valley, REALTORS Listed on: 05/15/2023

Coldwell Banker River Valley, REALTORS

Last Buyer's Agent

Norena Brekke

Leland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1942

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 88x107
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Den

Kitchen

  • Range
  • Microwave
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fairview Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341030520

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,706

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Grab Bars In Bathroom
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1942
  • Above Grade Finished Sq Ft: 2150
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Concrete, Partially Finished, Sump Pump
  • Appliances: Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 2510
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 360
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Three Season Porch, Bathroom, Den, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Privacy, Wood
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio,Porch

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 462

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,Washer/Dryer Hookup,Walk-Up Attic

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 88x107
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 341030520
  • Tax Annual Amount: 2706
  • TaxWithAssessments: 2770.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Dec 28, 2023
Sold by
The Ruth A Vermedahl Trust Dated Septem
Bought by
Matters Andrew
Seller's Agent
Terry Fox
Coldwell Banker River Valley, REALTORS
Buyer's Agent
Norena Brekke
Leland Realty
List Price
$343,000
Sold Price
$258,000
Premium/Discount to List
-$85,000
-24.78%
Views
613
Current Estimated Value
$285,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,886
Avg. Annual Appreciation
7.57%
Source: Public Records

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Range of Values:

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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
Matters Andrew $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vermedahl Ruth A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $258,000 -6.2% $103 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $275,000 -8.2% $110 / Sq Ft
08/30/2023 08/30/23 Price Changed $299,500 -6.4% $119 / Sq Ft
06/30/2023 06/30/23 Price Changed $319,900 -6.7% $127 / Sq Ft
05/15/2023 05/15/23 For Sale $343,000 -- $137 / 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
2024 $2,838 $211,400 $29,700 $181,700
2023 $2,770 $201,800 $29,700 $172,100
2022 $2,668 $197,900 $29,700 $168,200
2021 $2,500 $168,000 $29,700 $138,300
2020 $2,356 $150,800 $23,300 $127,500
2019 $2,202 $144,000 $22,000 $122,000
2018 $2,126 $0 $0 $0
2016 $1,926 $0 $0 $0
2015 $1,806 $0 $0 $0
2014 $1,716 $0 $0 $0
2012 $2,674 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6370798

NorthstarMLS

APN: 34.103.0520