NOT LISTED FOR SALE

111 the Fairway Albert Lea, MN 56007

Estimated Value: $194,000 - $266,000

3 Beds
1.5 Baths
1,879 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 06, 2012

Last sale price $83,500 $44 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,406/month

394 Days on Market

Highlights

  • Lake Front
  • Formal Dining Room
  • Patio
  • Wood Flooring
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of December 2012

This 3 bedroom, 2 bath home features hardwood floors, fireplace, four season porch, formal dining room, 2 car garage and a view of Fountain Lake.

Last Agent to Sell the Property

Terrence Fox

Coldwell Banker Home Connection-AL Listed on: 09/07/2011

Co-Listed By

Kisti Skaar

Coldwell Banker Home Connection-AL

Last Buyer's Agent

Matthew Johnson

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Few Trees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,879 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 341350140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.2
  • Parcel Number: 341350140
  • Potential Short Sale: Yes
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 2198
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 14x13, On Level: Second Floor
  • Room 2: Bedroom, 9x8, On Level: Second Floor
  • Room 5: Dining Room, 13x11, On Level: Main
  • Room 9: Kitchen, 11x9, On Level: Main
  • Room 12: Living Room, 22x13, On Level: Main
  • Room 13: Master Bedroom, 22x11, On Level: Second Floor
  • Room 15: Other, 9x5, On Level: Second Floor
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1879
  • Total Fin Square Footage: 1879
  • Total Square Footage: 2615

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Brick, Vinyl
  • Roof: Flat
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2019
Sold by
Schmitt Paul F
Bought by
Loch Susan and Loch Bradley
Current Estimated Value
$230,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Outstanding Balance
$108,663
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$121,636

Purchase Details

Closed on
Mar 10, 2017
Sold by
Liebsch Daniel Daniel
Bought by
Schmitt Paul Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2011
Closed on
Nov 21, 2012
Sold by
Klang Jane A
Bought by
Liebsch Daniel A and Houge Liebsch Ariane
Seller's Agent
Terrence Fox
Coldwell Banker Home Connection-AL
Buyer's Agent
Matthew Johnson
RE/MAX Properties
List Price
$154,900
Sold Price
$83,500
Premium/Discount to List
-$71,400
-46.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$85,204
Interest Rate
3.38%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Loch Susan $145,000 None Available
Schmitt Paul Paul $132,000 --
Schmitt Paul F $132,000 None Available
Liebsch Daniel A -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loch Susan $123,250
Previous Owner Schmitt Paul F $125,400
Previous Owner Schmitt Paul Paul $127,000
Previous Owner Liebsch Daniel A $85,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2012 12/06/12 Sold $83,500 -46.1% $44 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/07/2011 09/07/11 For Sale $154,900 -- $82 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,224 $196,300 $25,000 $171,300
2024 $2,102 $167,400 $25,000 $142,400
2023 $2,160 $155,900 $25,000 $130,900
2022 $1,926 $160,000 $25,000 $135,000
2021 $1,438 $128,800 $25,000 $103,800
2020 $1,300 $95,400 $21,500 $73,900
2019 $1,200 $91,100 $20,100 $71,000
2018 $1,072 $0 $0 $0
2016 $1,058 $0 $0 $0
2015 $992 $0 $0 $0
2014 $1,066 $0 $0 $0
2012 $2,198 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Terrence Fox

    Coldwell Banker Home Connection-AL

  • K

    Seller Co-Listing Agent in 2012

    Kisti Skaar

    Coldwell Banker Home Connection-AL

  • M

    Buyer's Agent in 2012

    Matthew Johnson

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4178456

REALTOR® Association of Southern Minnesota

APN: 34.135.0140

Minnesota Freeborn County Albert Lea 56007

111 the Fairway, Albert Lea, MN

This home is located at 111 the Fairway, Albert Lea, MN 56007 since 07 September 2011 and is currently estimated at $230,299, approximately $122 per square foot. This property was built in 1940. 111 the Fairway is a home located in Freeborn County with nearby schools including Lakeview 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes