NOT LISTED FOR SALE

110 N Shore Ave Albert Lea, MN 56007

Estimated Value: $186,000 - $409,000

3 Beds
2 Baths
2,200 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $350,000 $159 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,238/month

About This Home

As of August 2023

Lake House with hard to find amenities in a lake home like a Large Fenced-in Yard (new in 2022,) 2-Car Garage, many additional Parking Spots for company in both the front and back of the home and located on a street that is not busy. Great location on the walking path and near Pioneer Park. Use the home as a large single family home with 2 kitchens OR as an up-and-down multi-family rental with 2 private entrances. Great investment either way. Live in one level and rent out the other but enjoy the lake from each. Absolutely amazing view of Albert Lea's Fountain Lake. Across the lake is historic downtown Albert Lea. ...there is still a lot of summer left but the winter views are beautiful as well. GREAT SHORT TERM RENTAL PROPERTY because of its 2 private entrances and easily separated floors with kitchens and laundry on each floor. This is a great lake home with rare amenities for a nice lake home.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Jd Kelley Properties Llc
Bought by
Ozdemir Asya
Current Estimated Value
$341,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Outstanding Balance
$288,967
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$52,979

Purchase Details

Closed on
Sep 30, 2021
Sold by
Kelley James D and Kelley Lynn
Bought by
Jd Kelley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Outstanding Balance
$288,967
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$52,979

Purchase Details

Closed on
Jul 16, 2018
Sold by
Kelley Lynn Kelly Lynn and Kelley James
Bought by
Jd Kelley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,701
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ozdemir Asya $330,000 None Available
Jd Kelley Properties Llc $285,000 None Available
Jd Kelley Properties Llc $285,000 None Available
Ozdemir Asya Asya $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozdemir Asya $313,500
Previous Owner Kelley James D $253,701
Previous Owner Kelley James D $205,000
Previous Owner Kelley James $206,400
Closed Ozdemir Asya Asya $313,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $350,000 -5.4% $159 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $369,900 -3.9% $168 / Sq Ft
06/08/2023 06/08/23 For Sale $385,000 -- $175 / Sq Ft

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 $5,074 $338,500 $108,000 $230,500
2023 $4,398 $335,600 $108,000 $227,600
2022 $3,438 $292,000 $72,000 $220,000
2021 $3,664 $208,600 $72,000 $136,600
2020 $3,490 $194,300 $72,000 $122,300
2019 $3,156 $194,300 $72,000 $122,300
2018 $3,124 $0 $0 $0
2016 $2,702 $0 $0 $0
2015 $2,630 $0 $0 $0
2014 $2,874 $0 $0 $0
2012 $3,104 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Hoffman

    Seller's Agent in 2023

    Robert Hoffman

    Robert Hoffman Realty Inc.

    (507) 402-7399

    113 in this area

    145 Total Sales

    Robert Hoffman
    Section Image

  • W

    Buyer's Agent in 2023

    William Danielson

    WMD Realty

    (507) 438-7728

    13 in this area

    114 Total Sales

    William Danielson
    Section Image
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Map

Minnesota Freeborn County Albert Lea 56007

110 N Shore Ave, Albert Lea, MN

This home is located at 110 N Shore Ave, Albert Lea, MN 56007 and is currently estimated at $341,946, approximately $155 per square foot. 110 N Shore Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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