1206 Fairlane Terrace Albert Lea, MN 56007
Estimated Value: $192,000 - $218,941
4
Beds
2
Baths
1,720
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Forced Air Heating and Cooling System
- Stainless Steel Appliances
- 1-Story Property
- Dining Room
About This Home
As of March 2023Don't miss your opportunity to own this move-in ready ranch style home. Four bedrooms, two baths, updated kitchen with newer stainless steel appliances, all included. Lots of finished space in the lower level. Great backyard and patio for entertaining. Large detached two car garage. Come check out this well maintained home in a desirable location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,856
Year Built
- Built in 1956
Lot Details
- 9,104 Sq Ft Lot
- Lot Dimensions are 76x120
Parking
- 2 Car Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Ridgewood Park Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 342000590
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2023
Closed on
Mar 30, 2023
Sold by
Aronson Jeffery and Aronson Celeste
Bought by
Habana Noah and Magdaleno-Garcia Lisbeth
Seller's Agent
Norena Brekke
Leland Realty
Buyer's Agent
Robert Hoffman
Robert Hoffman Realty Inc.
List Price
$169,900
Sold Price
$185,600
Premium/Discount to List
$15,700
9.24%
Views
96
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
$23,135
Avg. Annual Appreciation
5.43%
Original Mortgage
$180,032
Outstanding Balance
$175,733
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$33,002
Purchase Details
Closed on
Dec 30, 2015
Sold by
Hansen Zachary Zachary
Bought by
Aronson Jeffery Jeffery
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
3.96%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Habana Noah | $185,600 | -- | |
| Aronson Jeffery Jeffery | $134,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Habana Noah | $180,032 | |
| Previous Owner | Aronson Jeffery | $131,000 | |
| Previous Owner | Aronson Jeffery | $134,900 | |
| Previous Owner | Aronson Jeffery Jeffery | $133,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $185,600 | +9.2% | $108 / Sq Ft |
| 03/05/2023 03/05/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | For Sale | $169,900 | -- | $99 / 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 | $2,058 | $185,500 | $19,900 | $165,600 |
| 2023 | $2,038 | $153,200 | $19,900 | $133,300 |
| 2022 | $1,856 | $152,500 | $19,900 | $132,600 |
| 2021 | $1,908 | $125,100 | $19,900 | $105,200 |
| 2020 | $2,274 | $146,500 | $18,400 | $128,100 |
| 2019 | $1,890 | $127,500 | $16,200 | $111,300 |
| 2018 | $1,582 | $0 | $0 | $0 |
| 2016 | $684 | $0 | $0 | $0 |
| 2015 | $640 | $0 | $0 | $0 |
| 2014 | $738 | $0 | $0 | $0 |
| 2012 | $1,118 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Norena Brekke
Seller's Agent in 2023
Norena Brekke
Leland Realty
(507) 402-8256
69 in this area
87 Total Sales
-
Robert Hoffman
Buyer's Agent in 2023
Robert Hoffman
Robert Hoffman Realty Inc.
(507) 402-7399
114 in this area
146 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6336183
APN: 34.200.0590
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