NOT LISTED FOR SALE

1105 Madison Ave Albert Lea, MN 56007

Estimated Value: $69,000 - $85,000

1 Bed
1 Bath
1,112 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $18,515 $17 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $501/month

76 Days on Market

About This Home

As of April 2014

Good investment or starter home. A few projects left to do but Many updates done in home including newer windows and siding. Large main floor bath. Could easily be a 2-3 bedroom home with the addition of a couple closets.

Last Agent to Sell the Property

Heather Allen

RE/MAX Properties Listed on: 10/25/2013

Last Buyer's Agent

Greg Moen

RE/MAX Properties

Home Details

Home Type

  • Single Family

Year Built

  • 1913

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 57.7x178x140x43

Home Design

  • 1,112 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 340540020

Home Details

Home Type

Single Family

Year Built

1913

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.16
  • Assessments: Yes
  • Parcel Number: 340540020
  • Potential Short Sale: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1913

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 11x10, On Level: Main
  • Room 2: Bedroom, 23x12, On Level: Upper
  • Room 5: Dining Room, 11x10, On Level: Main
  • Room 9: Kitchen, 13x10, On Level: Main
  • Room 12: Living Room, 11x12, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1112
  • Total Fin Square Footage: 1112
  • Total Square Footage: 1936

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 57.7x178x140x43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Clark Wayne
Bought by
Rent Money Llc
Current Estimated Value
$83,274

Purchase Details

Listed on
Oct 25, 2013
Closed on
Apr 29, 2014
Sold by
Denise S Denise S
Bought by
Clark Wayne
Seller's Agent
Heather Allen
RE/MAX Properties
Buyer's Agent
Greg Moen
RE/MAX Properties
List Price
$41,000
Sold Price
$18,515
Premium/Discount to List
-$22,485
-54.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$15,044
Interest Rate
4.41%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rent Money Llc $60,000 --
Clark Wayne -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Wayne $15,044
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $18,515 -54.8% $17 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $41,000 -- $37 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $828 $65,500 $12,800 $52,700
2024 $728 $49,500 $5,500 $44,000
2023 $596 $44,300 $5,500 $38,800
2022 $1,368 $35,600 $5,500 $30,100
2021 $664 $37,600 $5,500 $32,100
2020 $942 $34,400 $5,500 $28,900
2019 $906 $31,000 $5,000 $26,000
2018 $614 $0 $0 $0
2016 $622 $0 $0 $0
2015 $482 $0 $0 $0
2014 $490 $0 $0 $0
2012 $598 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4554581

REALTOR® Association of Southern Minnesota

APN: 34.054.0020

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