NOT LISTED FOR SALE

1121 Shore Acres Dr Albert Lea, MN 56007

Estimated Value: $295,000 - $353,000

3 Beds
2.5 Baths
3,246 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $169,900 $52 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,220/month

161 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • 2 Car Attached Garage
  • Wood Burning Fireplace

About This Home

As of April 2012

Location, location, location! Need I say more! Great ranch home with only 1 owner. Situated directly across from Bancroft Bay, which connects into Fountain Lake. Features include in floor heat, 2 wood burning stoves, 3 Season porch, 3 car garage, workshop, walkout lower level, and much more. Very desirable property with just about an acre of land. Call today as this will not last long!

Last Listed By

Melody Lembke

Signature Real Estate Listed on: 10/14/2011

Signature Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1979

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 232 x 143
  • Lake Front
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Fiberglass Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 342150150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,333

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Fiber Board
  • Garage Spaces: 2.00
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1731.00
  • Above Grade Finished Area Search: 1731.00
  • Above Grade Finished Sq Ft: 1731.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1515.00
  • Below Grade Total Sq Ft: 1515.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Garage Area: 476.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 14
  • List A O R Key Numeric: 14853
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 3246.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1731.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 342150150
  • Rental License: No
  • Stories Type: One
  • Water Body Name: Fountain
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Full, Partial Finished, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: 3/4 Basement, Main Floor 1/2 Bath
  • Living Area: 3246.00
  • Fireplace: No
  • Stories: 1
  • Below Grade Finished Sq Ft: 1515.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 521.29000

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • Assessment Pending: No
  • Lot Size: 232 x 143
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Lot Size Acres: 0.9300
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: Lot-007 LOT 7 SHORE ACRES SECTION 5
  • Tax Amount: 3333.00
  • Tax Year: 2012
  • Tax With Assessments: 3333.00
  • Assessor Parcel Number: 342150150

Multi Family

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

MLS Schools

  • School District Name: 241 - Albert Lea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2011
Closed on
Apr 20, 2012
Sold by
Anderson Larry J
Bought by
Mullenbach Alan G
Seller's Agent
Melody Lembke
Signature Real Estate
List Price
$185,000
Sold Price
$169,900
Premium/Discount to List
-$15,100
-8.16%
Total Days on Market
161
Current Estimated Value
$328,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,639
Avg. Annual Appreciation
5.04%

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
Mullenbach Alan G -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullenbach Alan G $40,000
Open Mullenbach Alan G $156,000
Closed Mullenbach Alan G $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $169,900 -8.2% $52 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
10/14/2011 10/14/11 For Sale $185,000 -- $57 / 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 $4,674 $315,400 $55,600 $259,800
2023 $4,402 $316,200 $55,600 $260,600
2022 $3,752 $293,800 $55,600 $238,200
2021 $3,712 $225,200 $55,600 $169,600
2020 $3,526 $212,100 $55,600 $156,500
2019 $3,236 $198,500 $55,600 $142,900
2018 $3,186 $0 $0 $0
2016 $2,748 $0 $0 $0
2015 $2,688 $0 $0 $0
2014 $2,730 $0 $0 $0
2012 $3,312 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5071444

NorthstarMLS

APN: 34.215.0150