NOT LISTED FOR SALE

111 N 5th Ave Albert Lea, MN 56007

Morin Fields Neighborhood

Estimated Value: $131,000 - $163,000

3 Beds
1 Bath
1,184 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $141,000 $119 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $906/month

17 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2023

Take a look at this 3 bedroom 1 bath home. Many updates including another bedroom in the basement. Enjoy the fenced in backyard with a garden and many fruit trees.

Last Listed By

Jennifer Tolbers

RE/MAX Properties Listed on: 06/21/2023

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1955

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Morin Fields Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340111080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1024
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Living Area: 1184
  • Fireplace: No
  • Below Grade Finished Sq Ft: 160
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room
  • SqFtTotal: 2048.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 256

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x120
  • Lot Size Sq Ft: 7187.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340111080
  • Tax Annual Amount: 1178
  • TaxWithAssessments: 1242.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 25, 2023
Sold by
Yotter Katie
Bought by
Thein Htet
Seller's Agent
Jennifer Tolbers
RE/MAX Properties
Buyer's Agent
Daniel Gullickson
Robert Hoffman Realty Inc.
List Price
$134,900
Sold Price
$141,000
Premium/Discount to List
$6,100
4.52%
Total Days on Market
17
Views
166
Current Estimated Value
$145,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,438
Avg. Annual Appreciation
1.85%
Original Mortgage
$138,446
Outstanding Balance
$136,155
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$9,283

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jan 12, 2018
Sold by
Groff Brieana Nicole
Bought by
Yotter Katie M
Seller's Agent
Lisa Evans
Realty ONE Group Black Diamond
Buyer's Agent
Lisa Evans
RE/MAX Properties
List Price
$82,900
Sold Price
$80,000
Premium/Discount to List
-$2,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$76,312
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2011
Sold by
Vandenbrink Barry
Bought by
Hanna Brieana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,997
Interest Rate
4.37%
Mortgage Type
FHA

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
Thein Htet $141,000 --
Yotter Katie M $80,000 Partners Title Llc
Hanna Brieana -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thein Htet $138,446
Previous Owner Yotter Katie M $76,312
Previous Owner Hanna Brieana $76,997
Previous Owner Bye Orrin J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $141,000 +4.5% $119 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $134,900 +68.6% $114 / Sq Ft
01/12/2018 01/12/18 Sold $80,000 -3.5% $39 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $82,900 -- $40 / 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
2024 $1,156 $105,800 $12,200 $93,600
2023 $1,242 $97,000 $12,200 $84,800
2022 $1,010 $103,000 $12,200 $90,800
2021 $964 $80,500 $12,200 $68,300
2020 $952 $77,100 $10,500 $66,600
2019 $774 $63,800 $8,700 $55,100
2018 $778 $0 $0 $0
2016 $634 $0 $0 $0
2015 $658 $0 $0 $0
2014 $698 $0 $0 $0
2012 $1,044 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6391581

NorthstarMLS

APN: 34.011.1080