NOT LISTED FOR SALE

1117 W Richway Dr Albert Lea, MN 56007

Estimated Value: $251,000 - $304,000

3 Beds
2.5 Baths
1,161 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $179,700 $155 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,778/month

107 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Woodwork

About This Home

As of July 2020

Don't miss out on this well maintained raised 3 bedroom ranch home. This turn key home has partial view of Fountain Lake, close to pedestrian trail around Fountain Lake, lake public access and public golf course. Very private backyard with composite constructed deck & storage shed. Very nice home with the following recent upgrades: roof/2008, windows wrapped/2014, garage door/2016, front steps/2012, new furnace/2019, new A/C/2019, storage shed/2011, concreted driveway/2012, deck/2012, and shutters/2014.

Last Listed By

Craig Houim

Century 21 Atwood Listed on: 03/16/2020

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 120x100

Parking

  • 2 Car Attached Garage
  • Insulated Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 100 Amp Service
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 341353880

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Fuel Type: Natural Gas
  • Year Built: 1977
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1161.00
  • Above Grade Finished Area Search: 1161.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 509.00
  • Carport Y N: No
  • Floor Plan Type: 3 BR on One Level
  • Foundation Area Units: Square Feet
  • Garage Area: 7.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Internet Type: Cable
  • Lake Depth Feet: 14
  • List A O R Key Numeric: 3491
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1670.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 341353880
  • Property Out Building Type: Shed - Storage
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 41.13
  • Water Body Name: Fountain
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Brick/Mortar, Concrete Block, Egress Windows, Full, Partial Finished, Storage Space, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Fireplace Features: Family Room, Gas Burning
  • Dining Room Features: Eat In Kitchen, Separate/Formal Dining Room
  • Family Room Features: Lower Level
  • Bathroom Type: 1/2 Basement, 3/4 Master, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 509.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • LakeAcres: 521.29000
  • Soil Type: Sand
  • PoolFeatures: None
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete, Insulated Garage

Utilities

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

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Cable, Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Main Floor Master Bedroom, Natural Woodwork, Tile Floors, Washer/Dryer Hookup

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
  • Out Building Count: 1
  • Assessment Pending: No
  • Lot Size: 120x100
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 0.2755
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Frame
  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 14, BLOCK 24 SHORELAND HEIGHTS
  • Tax Amount: 2836.54
  • Tax Year: 2019
  • Tax With Assessments: 2918.00
  • Assessor Parcel Number: 341353880

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake View

MLS Schools

  • School District Name: 241 - Albert Lea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jul 29, 2020
Bought by
Ryan Christine Christine
Seller's Agent
Craig Houim
Century 21 Atwood
Buyer's Agent
Carol Thomas
Real Broker, LLC.
List Price
$182,900
Sold Price
$179,700
Premium/Discount to List
-$3,200
-1.75%
Total Days on Market
107
Current Estimated Value
$270,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,164
Avg. Annual Appreciation
7.85%
Original Mortgage
$174,309
Outstanding Balance
$156,353
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$101,913

Range of Values:

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Average Value
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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
Ryan Christine Christine $179,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Christine $174,309
Closed Ryan Christine Christine $174,309
Closed Ryan Christine Christine --
Previous Owner Clawson Thomas T $89,125
Previous Owner Clawson Thomas T $91,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $179,700 -1.7% $155 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $182,900 -- $158 / 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 $3,224 $243,700 $29,100 $214,600
2023 $3,378 $225,800 $29,100 $196,700
2022 $3,024 $235,800 $29,100 $206,700
2021 $3,100 $186,700 $29,100 $157,600
2020 $3,100 $187,600 $29,100 $158,500
2019 $2,918 $179,400 $27,200 $152,200
2018 $2,628 $0 $0 $0
2016 $2,316 $0 $0 $0
2015 $2,160 $0 $0 $0
2014 $2,020 $0 $0 $0
2012 $2,296 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5506813

NorthstarMLS

APN: 34.135.3880