1202 W Richway Dr Albert Lea, MN 56007
Estimated Value: $338,000 - $620,000
4
Beds
2.5
Baths
3,615
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Beach Access
- Deck
- 2 Fireplaces
- Panoramic View
- Vaulted Ceiling
- Corner Lot
About This Home
As of August 2013Walk out your back door to true lake shore or simply enjoy the view from the large deck and 3 season porch. 4 bedrooms, 3 baths, 2 fireplaces and main floor laundry all make this home your families new retreat. Enjoy the lake view from many rooms in the house.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,374
Year Built
- Built in 1979
Lot Details
- 0.27 Acre Lot
- Corner Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Gas Fireplace
- Tile Flooring
- Panoramic Views
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Outdoor Features
- Beach Access
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 342720040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2012
Closed on
Aug 30, 2013
Sold by
Hovde Gorddon W
Bought by
Nelson Kevin R and Nelson Jill M
Seller's Agent
Rick Mummert
Century 21 Atwood
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Total Days on Market
412
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,171
Avg. Annual Appreciation
3.79%
Original Mortgage
$312,100
Interest Rate
4.38%
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Similar Homes in Albert Lea, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Kevin R | -- | Minnesota Abstract & Title C |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Kevin R | $282,600 | |
| Closed | Nelson Kevin R | $313,500 | |
| Closed | Nelson Kevin R | $312,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2013 08/30/13 | Sold | $260,000 | -13.3% | $72 / Sq Ft |
| 07/03/2013 07/03/13 | Pending | -- | -- | -- |
| 05/17/2012 05/17/12 | For Sale | $299,900 | -- | $83 / 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 | $7,056 | $445,000 | $58,500 | $386,500 |
| 2023 | $5,854 | $449,900 | $58,500 | $391,400 |
| 2022 | $6,198 | $369,600 | $46,800 | $322,800 |
| 2021 | $6,134 | $338,600 | $46,800 | $291,800 |
| 2020 | $5,822 | $315,800 | $46,800 | $269,000 |
| 2019 | $5,368 | $292,400 | $46,800 | $245,600 |
| 2018 | $4,920 | $0 | $0 | $0 |
| 2016 | $4,340 | $0 | $0 | $0 |
| 2015 | $4,244 | $0 | $0 | $0 |
| 2014 | $4,186 | $0 | $0 | $0 |
| 2012 | $5,298 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Mummert
Seller's Agent in 2013
Rick Mummert
Century 21 Atwood
(507) 383-5773
283 Total Sales
Map
Source: NorthstarMLS
MLS Number: NST5064716
APN: 34.272.0040
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