118 N 5th Ave Albert Lea, MN 56007
2
Beds
1
Bath
1,180
Sq Ft
5,968
Sq Ft Lot
Highlights
- No HOA
- 1 Car Attached Garage
- Patio
- Home Office
- Eat-In Kitchen
- Living Room
About This Home
As of May 2025Well maintained two bedroom and one bathroom home that is close to a park and an elementary school. Home boasts hardwood floors throughout. Kitchen has updated cabinets and countertops. Lower level has a recreational room and a den/office. There is a one car attached garage. This home is a must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $926
Year Built
- Built in 1952
Lot Details
- 5,968 Sq Ft Lot
- Lot Dimensions are 50x120
Parking
- 1 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Home Office
- Storage Room
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Partially Finished Basement
- Sump Pump
- Drain
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Morin Fields Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 340111290
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
May 19, 2025
Sold by
Peterson Traci
Bought by
Barajas Andrea
Seller's Agent
Matt Johnson
Leland Realty
Buyer's Agent
Lisa Evans
Realty ONE Group Black Diamond
List Price
$124,900
Sold Price
$130,000
Premium/Discount to List
$5,100
4.08%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-42.63%
Original Mortgage
$126,100
Outstanding Balance
$126,100
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$2,442
Purchase Details
Listed on
Apr 27, 2012
Closed on
Aug 23, 2013
Sold by
Godtland Erica M and Hall Erica M
Bought by
Peterson Corlad and Peterson Constance
Seller's Agent
Matthew Johnson
Leland Realty, Inc.
Buyer's Agent
Matthew Johnson
Leland Realty, Inc.
List Price
$69,900
Sold Price
$66,500
Premium/Discount to List
-$3,400
-4.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Similar Homes in Albert Lea, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $130,000 | -- | |
| Warranty Deed | -- | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $126,100 | New Conventional | |
| Previous Owner | $65,306 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $130,000 | +4.1% | $110 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $124,900 | +87.8% | $106 / Sq Ft |
| 08/23/2013 08/23/13 | Sold | $66,500 | -4.9% | $83 / Sq Ft |
| 07/11/2013 07/11/13 | Pending | -- | -- | -- |
| 04/27/2012 04/27/12 | For Sale | $69,900 | -- | $87 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $908 | $85,200 | $10,200 | $75,000 |
| 2023 | $954 | $81,500 | $10,200 | $71,300 |
| 2022 | $1,244 | $85,200 | $10,200 | $75,000 |
| 2021 | $822 | $67,700 | $10,200 | $57,500 |
| 2020 | $944 | $76,600 | $8,700 | $67,900 |
| 2019 | $768 | $63,400 | $7,300 | $56,100 |
| 2018 | $772 | $0 | $0 | $0 |
| 2016 | $492 | $0 | $0 | $0 |
| 2015 | $502 | $0 | $0 | $0 |
| 2014 | $506 | $0 | $0 | $0 |
| 2012 | $804 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Johnson
Seller's Agent in 2025
Matt Johnson
Leland Realty
(507) 213-0360
183 in this area
256 Total Sales
-
Heather Allen
Seller Co-Listing Agent in 2025
Heather Allen
Leland Realty
(507) 318-0453
184 in this area
259 Total Sales
-
Lisa Evans
Buyer's Agent in 2025
Lisa Evans
Realty ONE Group Black Diamond
(507) 461-3790
113 in this area
191 Total Sales
-
M
Seller's Agent in 2013
Matthew Johnson
Leland Realty, Inc.
Map
Source: NorthstarMLS
MLS Number: 6703547
APN: 34.011.1290
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 114 N 6th Ave
- 1018 W Fountain St
- 1315 W Clark St
- 318 Winter Ave
- 1020 Autumn St
- 224 N 1st Ave
- 913 Abbott St Unit 304
- 913 Abbott St Unit 203
- 515 Pleasant Ave
- 315 Court Ln
- 425 Lakeview Blvd
- 607 W Clark St
- 1411 Sunset St
- 715 S 3rd Ave
- 730 W Front St
- 315 W Fountain St
- 415 W College St
- 203 South Ln
- 319 Court St
- 636 E Park Ave