NOT LISTED FOR SALE

1110 1110 Richway-Drive-w Albert Lea, MN 56007

Estimated Value: $251,000 - $275,000

3 Beds
2 Baths
1,981 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $157,000 $79 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,717/month

600 Days on Market

Highlights

  • Spa
  • Vaulted Ceiling
  • Patio
  • Deck
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of June 2012

Very well maintained contemporary home. Upgraded features include: granite countertops, Travertine stone in main bath, newer boiler, and central air. Muli-level deck with private hot tub area. Insulated and heated garage, and so much more!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • 1981

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 82.5x141

Home Design

  • Tri-Level Property
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 342770010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

1981

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hot Tub, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Concrete, Hot Tub, Patio
  • Estimated Number of Acres: 0.27
  • Parcel Number: 342770010
  • Stories: Tri-Level Split
  • Taxes With Assessments: 2750
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 2: Bedroom, 11x11, On Level: Second Floor
  • Room 3: Bedroom, 10x11, On Level: Basement
  • Room 5: Dining Room, 10x11, On Level: Main
  • Room 6: Family Room, 13x24, On Level: Basement
  • Room 9: Kitchen, 11x12, On Level: Main
  • Room 11: Laundry Room, 5x11, On Level: Basement
  • Room 12: Living Room, 14x17, On Level: Second Floor
  • Room 13: Master Bedroom, 12x14, On Level: Second Floor
  • Room 15: Other, 6x8, On Level: Basement
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1212
  • Below Grade Finished Sq Ft: 769
  • Total Fin Square Footage: 1981
  • Total Square Footage: 1981

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 82.5x141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Modderman Robert and Modderman Jesse
Bought by
Htoo Paw
Total Days on Market
600
Current Estimated Value
$261,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Outstanding Balance
$212,997
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$41,629

Purchase Details

Closed on
Sep 5, 2017
Sold by
Gharabawy Maichel Maichel
Bought by
Modderman Robert Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2014
Sold by
Theodore J Theodore J
Bought by
Dodge N P

Purchase Details

Listed on
Oct 3, 2010
Closed on
Jun 20, 2012
Sold by
Coleman Robert L and Hoglin Shannon
Bought by
Wentzel Theodore J
List Price
$169,900
Sold Price
$157,000
Premium/Discount to List
-$12,900
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

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
Htoo Paw $235,000 --
Modderman Robert Robert $145,800 --
Modderman Robert M $145,750 None Available
Dodge N P -- Stewart Title Guaranty
Wentzel Theodore J -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Htoo Paw $223,250
Previous Owner Modderman Robert M $33,800
Previous Owner Modderman Robert M $116,600
Previous Owner Modderman Robert Robert $145,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $157,000 -7.6% $79 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
10/03/2010 10/03/10 For Sale $169,900 -- $86 / 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
2024 $3,100 $216,700 $35,500 $181,200
2023 $2,580 $218,100 $35,500 $182,600
2022 $2,476 $186,200 $27,200 $159,000
2021 $2,206 $157,800 $27,200 $130,600
2020 $2,298 $147,700 $25,100 $122,600
2019 $2,032 $135,000 $23,000 $112,000
2018 $1,986 $0 $0 $0
2016 $1,930 $0 $0 $0
2015 $2,026 $0 $0 $0
2014 $2,236 $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4171437

REALTOR® Association of Southern Minnesota

APN: 34.277.0010