NOT LISTED FOR SALE

1113 E Richway Dr Albert Lea, MN 56007

Estimated Value: $133,000 - $246,000

3 Beds
2.5 Baths
1,799 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 21, 2025

Last sale price $135,000 $75 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,194/month

99 Days on Market

Highlights

  • Deck
  • Porch
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • 1-minute walk to Eastgate Park

About This Home

As of March 2025

Located in desirable area this spacious home offers a solid foundation and a ton of potential. With a little TLC this home can be transformed and tailored to fit your needs. A wide open park right in you backyard and close proximity to schools add to the value and make this a great opportunity to build quick equity.

Last Agent to Sell the Property

Elizabeth Adams

Bridge Realty, LLC Listed on: 11/04/2024

Bridge Realty, LLC

Last Buyer's Agent

Daniel Gullickson

Robert Hoffman Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1969

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 80x131x85x139

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ridgewood Park Second Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 342021040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

Built in 1969

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 1262
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump
  • Living Area: 1799
  • Fireplace: No
  • Below Grade Finished Sq Ft: 537
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Three Season Porch, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80x131x85x139
  • Lot Size Sq Ft: 11325.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 342021040
  • Tax Annual Amount: 2036
  • TaxWithAssessments: 2368.0000

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $135,000 0.0% $75 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
02/08/2025 02/08/25 Price Changed $135,000 0.0% $75 / Sq Ft
02/08/2025 02/08/25 For Sale $135,000 0.0% $75 / Sq Ft
12/16/2024 12/16/24 Off Market $135,000 -- --
11/15/2024 11/15/24 For Sale $160,000 -- $89 / Sq Ft
Source: NorthstarMLS

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 $2,606 $196,800 $22,300 $174,500
2024 $2,368 $175,000 $22,300 $152,700
2023 $2,406 $155,900 $22,300 $133,600
2022 $1,966 $157,000 $22,300 $134,700
2021 $2,020 $131,000 $22,300 $108,700
2020 $2,098 $137,200 $20,600 $116,600
2019 $1,738 $119,500 $18,100 $101,400
2018 $1,458 $0 $0 $0
2016 $1,234 $0 $0 $0
2015 $1,542 $0 $0 $0
2014 $1,790 $0 $0 $0
2012 $2,008 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Adams

    Seller's Agent in 2025

    Elizabeth Adams

    Bridge Realty, LLC

    (612) 940-9960

    1 in this area

    43 Total Sales

    Elizabeth Adams
    Section Image
  • Daniel Gullickson

    Buyer's Agent in 2025

    Daniel Gullickson

    Robert Hoffman Realty Inc.

    (507) 456-4667

    38 in this area

    59 Total Sales

    Daniel Gullickson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6628099

NorthstarMLS

APN: 34.202.1040

Minnesota Freeborn County Albert Lea 56007

1113 E Richway Dr, Albert Lea, MN

Not Listed for Sale

Detached

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NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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