NOT LISTED FOR SALE

109 N 3rd Ave W Albert Lea, MN 56007

Estimated Value: $153,000 - $179,000

3 Beds
1 Bath
1,584 Sq Ft
$102/Sq Ft Est. Value

About This Home

This home is located at 109 N 3rd Ave W, Albert Lea, MN 56007 and is currently estimated at $161,785, approximately $102 per square foot. 109 N 3rd Ave W is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Hanson Jared and Hanson Nicole L
Bought by
Favela Jose L
Current Estimated Value
$161,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Outstanding Balance
$129,166
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$28,806

Purchase Details

Closed on
Dec 12, 2012
Sold by
Tweed Brent and Tweed Jillian K
Bought by
Stromley Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,530
Interest Rate
3.34%
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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
Favela Jose L $139,900 None Available
Stromley Nicole L -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Jose L $139,900
Previous Owner Stromley Nicole L $71,530
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 $1,272 $141,800 $20,800 $121,000
2024 $1,284 $110,000 $10,300 $99,700
2023 $1,376 $105,000 $10,300 $94,700
2022 $1,140 $111,300 $10,300 $101,000
2021 $1,110 $87,300 $10,300 $77,000
2020 $1,114 $85,600 $8,800 $76,800
2019 $854 $70,800 $7,400 $63,400
2018 $860 $0 $0 $0
2016 $600 $0 $0 $0
2015 $612 $0 $0 $0
2014 $658 $0 $0 $0
2012 $700 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

109 N 3rd Ave W, Albert Lea, MN

This home is located at 109 N 3rd Ave W, Albert Lea, MN 56007 and is currently estimated at $161,785, approximately $102 per square foot. 109 N 3rd Ave W is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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