NOT LISTED FOR SALE

1113 Shore Acres Dr Albert Lea, MN 56007

Estimated Value: $206,000 - $243,000

3 Beds
1 Bath
1,017 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $125,000 $123 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,477/month

15 Days on Market

Highlights

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

About This Home

As of May 2020

This home was built in 1995 by the current owner. The basement is ready to be finished with rough in's for a bathroom and an egress window for a bedroom. This is a rare opportunity to get into this area for this price and age of home! Keep an eye out for a virtual open house soon! Dry basement, sump installed when built but it never runs.

Last Listed By

Lucas Schuster

Leland Realty Listed on: 04/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1995

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 82x142

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Davis Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 342770030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Vinyl
  • Garage Spaces: 1.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1995
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1017.00
  • Above Grade Finished Area Search: 1017.00
  • Assessment Pending Y N: Yes
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 11699
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1017.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 342770030
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 1501.33
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Egress Windows, Full, Storage Space, Sump Pump, Unfinished
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No
  • Stories: 1

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service, Circuit Breakers

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 241 - Albert Lea
  • School District Phone: 507-379-4800

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: Yes
  • Lot Size: 82x142
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.2670
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Block
  • New Development: No

Tax Info

  • TaxLegalDescription: DAVIS SUBDIVISION LOT-003 BLOCK-001 LOT 3 BLK 1 DAVIS SUBD
  • Tax Amount: 1999.00
  • Tax Year: 2020
  • Tax With Assessments: 2320.00
  • Assessor Parcel Number: 342770030

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 241 - Albert Lea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
May 26, 2020
Sold by
Berg Neil R
Bought by
Brown Douglas
Seller's Agent
Lucas Schuster
Leland Realty
Buyer's Agent
Craig Houim
Century 21 Atwood
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Total Days on Market
15
Current Estimated Value
$222,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,380
Avg. Annual Appreciation
11.35%
Original Mortgage
$100,000
Outstanding Balance
$72,843
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$140,629

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
Brown Douglas $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Douglas $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $125,000 -7.4% $123 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $135,000 -- $133 / 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 $2,858 $188,600 $35,500 $153,100
2023 $2,638 $188,600 $35,500 $153,100
2022 $2,544 $174,800 $27,200 $147,600
2021 $2,270 $148,200 $27,200 $121,000
2020 $2,320 $134,800 $25,100 $109,700
2019 $2,102 $123,200 $23,000 $100,200
2018 $1,736 $0 $0 $0
2016 $1,506 $0 $0 $0
2015 $1,642 $0 $0 $0
2014 $1,588 $0 $0 $0
2012 $1,720 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5555111

NorthstarMLS

APN: 34.277.0030