118 N 5th Ave Albert Lea, MN 56007
2
Beds
1
Bath
804
Sq Ft
6,098
Sq Ft Lot
Highlights
- Wood Flooring
- Eat-In Kitchen
- 1-Story Property
- 1 Car Attached Garage
- Bathroom on Main Level
- Forced Air Heating and Cooling System
About This Home
As of May 2025Move in ready 2 bedroom home. Nicely updated kitchen with new floor, cabinets, countertops and appliances. Maintenance free exterior and large backyard. Very useable basement for additional space. Home close to park and school.
Last Agent to Sell the Property
Matthew Johnson
Leland Realty, Inc. Listed on: 04/27/2012
Last Buyer's Agent
Matthew Johnson
Leland Realty, Inc. Listed on: 04/27/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $724
Year Built
- Built in 1952
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x120
Home Design
- Brick Exterior Construction
- Frame Construction
- Steel Siding
Interior Spaces
- 804 Sq Ft Home
- 1-Story Property
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Block Basement Construction
Parking
- 1 Car Attached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 24-340111290
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
-22.13%
Original Mortgage
$126,100
Outstanding Balance
$125,878
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$2,220
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: REALTOR® Association of Southern Minnesota
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 |
|---|---|---|---|---|
| 2025 | $926 | $111,000 | $20,600 | $90,400 |
| 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
-
Seller's Agent in 2025
Matt Johnson
Leland Realty
(507) 213-0360
180 in this area
251 Total Sales
-
Seller Co-Listing Agent in 2025
Heather Allen
Leland Realty
(507) 318-0453
181 in this area
254 Total Sales
-
Buyer's Agent in 2025
Lisa Evans
Realty ONE Group Black Diamond
(507) 461-3790
112 in this area
191 Total Sales
-
M
Seller's Agent in 2013
Matthew Johnson
Leland Realty, Inc.
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 4183611
APN: 34.011.1290
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