NOT LISTED FOR SALE

110 N Shore Ave Albert Lea, MN 56007

Estimated Value: $179,000 - $399,000

3 Beds
2 Baths
2,200 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 01, 2023

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

Est. 4% decrease in value since last sale

Current estimated payment $2,221/month

15 Days on Market

Highlights

  • Lake Front
  • Main Floor Primary Bedroom
  • Living Room
  • Beach Access
  • No HOA
  • 4-minute walk to Pioneer Park

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.

Last Agent to Sell the Property

Robert Hoffman

Robert Hoffman Realty Inc. Listed on: 06/08/2023

Last Buyer's Agent

William Danielson

WMD Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60 x 200
  • Lake Front
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Wire Fence
  • Irregular Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • City

Home Design

  • Bi-Level Home

Interior Spaces

  • Family Room
  • Living Room
  • Utility Room

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Boiler Heating System
  • 100 Amp Service

Additional Features

  • Air Exchanger
  • Beach Access

Community Details

  • No Home Owners Association
  • Ft Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341290180

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,398

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1194
  • Water Body Name: Fountain
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 48x24
  • Second Unit: Easily Divided,Existing In-Law w/Bath,Existing In-Law w/Kitchen,Formerly Subdivided
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Owner Access, Single Tenant Access, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2200
  • Below Grade Finished Sq Ft: 1006
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen- 2nd, Laundry, Utility Room
  • SqFtTotal: 2200.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Full, Wire
  • Other Structures: Storage Shed
  • Lake Acres: 521
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Gravel, Concrete, Garage Door Opener
  • Garage Square Feet: 528
  • ParkingOpen: 4

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,City View,Deck,Dock,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Panoramic View,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 60 x 200
  • Lot Size Sq Ft: 12022.56
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 341290180
  • Tax Annual Amount: 4398
  • TaxWithAssessments: 4398.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

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
$337,462

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
$287,121
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$54,825

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
$287,121
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$54,825

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:

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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
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
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 $5,270 $377,500 $108,000 $269,500
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

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Map

Source: NorthstarMLS

MLS Number: 6384443

NorthstarMLS

APN: 34.129.0180