NOT LISTED FOR SALE

110 N 3rd Ave Albert Lea, MN 56007

Estimated Value: $120,000 - $201,000

3 Beds
2 Baths
1,350 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $149,900 $111 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $927/month

297 Days on Market

About This Home

As of June 2024

If you're looking to get into rental property here's the perfect opportunity! Or maybe you want to live in the lower unit and have the upper unit pay your mortgage! Lower unit features 2 bedrooms and 1 bathroom, and upper unit features 1 bedroom and 1 bathroom. This listing won't last long, schedule your showing today!

Last Agent to Sell the Property

Deb Schmidt

Help-U-Sell Heritage Real Est. Listed on: 08/16/2023

Last Buyer's Agent

Norena Brekke

Leland Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1913

Lot Details

  • 6,098

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 49 x 121
  • Hot Water Heating System

Community Details

  • 2 Units
  • Morins Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340076880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$518

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1913
  • Above Grade Finished Sq Ft: 1350
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28 x 26
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 1350
  • Basement YN: Yes
  • Amenities: Deck,Porch
  • Appliances: Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Appliances: Microwave,Range
  • Total Rooms: 3
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Metal
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Side Porch

Garage/Parking

  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 49 x 121
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340076880
  • Tax Annual Amount: 518
  • TaxWithAssessments: 646.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Jun 27, 2024
Sold by
Garrido-Castro Citlany
Bought by
Whiteside Stacie
Seller's Agent
Deb Schmidt
Help-U-Sell Heritage Real Est.
Buyer's Agent
Norena Brekke
Leland Realty
List Price
$174,999
Sold Price
$149,900
Premium/Discount to List
-$25,099
-14.34%
Views
398
Current Estimated Value
$163,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,418
Avg. Annual Appreciation
-7.00%
Original Mortgage
$142,405
Outstanding Balance
$140,964
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$4,067

Purchase Details

Closed on
Mar 9, 2020
Sold by
Quam Orval H and Quam Janet L
Bought by
Castro Citlany E Garrido
Source: Public Records

Range of Values:

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Average Value
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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
Whiteside Stacie $149,900 --
Castro Citlany E Garrido $58,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whiteside Stacie $142,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $149,900 0.0% $111 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
10/09/2023 10/09/23 Price Changed $149,900 -6.3% $111 / Sq Ft
09/26/2023 09/26/23 Price Changed $159,900 -3.0% $118 / Sq Ft
09/14/2023 09/14/23 Price Changed $164,900 -2.9% $122 / Sq Ft
09/11/2023 09/11/23 Price Changed $169,903 -2.9% $126 / Sq Ft
08/18/2023 08/18/23 For Sale $174,999 -- $130 / 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 $736 $192,400 $10,300 $182,100
2024 $686 $59,700 $10,300 $49,400
2023 $646 $55,800 $10,300 $45,500
2022 $558 $53,000 $10,300 $42,700
2021 $892 $39,300 $10,300 $29,000
2020 $1,058 $44,200 $8,800 $35,400
2019 $860 $36,600 $7,400 $29,200
2018 $860 $0 $0 $0
2016 $838 $0 $0 $0
2015 $846 $0 $0 $0
2014 $888 $0 $0 $0
2012 $896 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6419201

NorthstarMLS

APN: 34.007.6880