$51,000
SOLD MAR 25, 2015

1117 E Richway Dr Albert Lea, MN 56007

2 Beds
2 Baths
1,248 Sq Ft
0.26 Acres

Recently Sold

$41 Per Sq Ft

9% Below List Price

52 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • 1-Story Property
  • 1-minute walk to Eastgate Park

About This Home

As of October 2023

Two (possible 3) bedroom home on the North side of town with double stall detached garage. Updates include new shingles in 2010 and windows in 2002. Close to park and shopping. A little work could go a long way on this home!

Last Agent to Sell the Property

Kisti Skaar

RE/MAX Properties Listed on: 01/13/2015

Last Buyer's Agent

Matthew Johnson

Leland Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,406

Year Built

  • 1974

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 138.48x75x90

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 342021050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,406

Year Built

1974

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.26
  • Assessment Balance: 154.13
  • Assessments: Yes
  • Parcel Number: 342021050
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 1292
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 11x11, On Level: Main
  • Room 2: Bedroom, 11x12, On Level: Main
  • Room 4: Den/Office, 11x11, On Level: Main
  • Room 9: Kitchen, 18x8, On Level: Main
  • Room 12: Living Room, 22x13, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1248
  • Total Fin Square Footage: 1248
  • Total Square Footage: 2496

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 138.48x75x90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 27, 2023
Sold by
Joleigh Properties Llc
Bought by
Kiel Jusseppe and Kiel Anais
Seller's Agent
Renee Heintz
Century 21 Affiliated Rochester
Buyer's Agent
Asia Thostenson
Realty ONE Group Black Diamond
List Price
$184,900
Sold Price
$153,000
Premium/Discount to List
-$31,900
-17.25%
Views
208
Current Estimated Value
$194,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,337
Avg. Annual Appreciation
12.67%
Original Mortgage
$139,400
Outstanding Balance
$137,065
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$51,674

Purchase Details

Closed on
Jul 14, 2023
Sold by
Etherington Michele
Bought by
Joleigh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $153,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,400 New Conventional
Previous Owner $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $153,000 -4.3% $123 / Sq Ft
09/18/2023 09/18/23 Price Changed $159,900 -3.0% $128 / Sq Ft
09/14/2023 09/14/23 Price Changed $164,900 -5.4% $132 / Sq Ft
09/04/2023 09/04/23 Price Changed $174,400 -5.4% $140 / Sq Ft
08/30/2023 08/30/23 Price Changed $184,400 -0.3% $148 / Sq Ft
08/29/2023 08/29/23 For Sale $184,900 +262.5% $148 / Sq Ft
03/25/2015 03/25/15 Sold $51,000 -8.8% $41 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $55,900 -- $45 / 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 $2,406 $195,200 $22,000 $173,200
2024 $1,678 $178,400 $22,000 $156,400
2023 $2,292 $129,600 $22,000 $107,600
2022 $1,964 $130,700 $22,000 $108,700
2021 $2,010 $108,700 $22,000 $86,700
2020 $1,968 $108,300 $20,400 $87,900
2019 $1,700 $94,400 $18,000 $76,400
2018 $1,510 $0 $0 $0
2016 $1,452 $0 $0 $0
2015 $1,058 $0 $0 $0
2014 $1,292 $0 $0 $0
2012 $1,376 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4708148

REALTOR® Association of Southern Minnesota

APN: 34.202.1050