NOT LISTED FOR SALE

1215 E Hawthorne St Albert Lea, MN 56007

Estimated Value: $177,000 - $271,000

4 Beds
3 Baths
3,159 Sq Ft
$71/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $231,000 $73 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,180/month

59 Days on Market

About This Home

As of September 2023

Welcome to this fantastic triplex in Albert Lea! There are 3 rental units, live in 1 and rent out the others, or rent out all 3!
The main level features a kitchen remodel, new microwave, and flooring in both kitchen and dining room. Both bedrooms fresh paint and bathroom.
Basement studio unit is a complete remodel to include new bathroom, new flooring throughout, 4” insulated walls. All new appliances & kitchen
Upper level apartment features 2 bedroom, new flooring throughout, and updated kitchen. Fresh paint, new appliances, new windows, brand new bathroom.
All electrical updated from 60amp to 100 amp service including all new panels separating electric to each floor.
Plumbing updated on pipes running under main floor.
Both Furnaces in operation. Upper level on its own furnace. Main floor and basement on second furnace.
Sump pump rerouted so it’s underground rather than above ground.
Schedule your showing today on this amazing triplex!

Last Agent to Sell the Property

Scott Haubrich

Listed on: 05/19/2023

Last Buyer's Agent

Carla Cappelletti

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 1939

Lot Details

  • 0.37

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Metal Siding

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Sump Pump
  • Drain
  • Basement Window Egress

Additional Features

  • Lot Dimensions are 90x180
  • Forced Air Heating System

Community Details

  • 3 Units
  • Hawthorne Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 342090200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,610

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1939
  • Above Grade Finished Sq Ft: 2334
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Partially Finished, Single Tenant Access, Sump Pump
  • Living Area: 3159
  • Below Grade Finished Sq Ft: 825
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 4

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • Lot Size: 90x180
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Stucco
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 342090200
  • Tax Annual Amount: 1610
  • TaxWithAssessments: 1664.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 17, 2023
Sold by
Jungmann Joseph
Bought by
Gessler Sandra
Seller's Agent
Scott Haubrich
BuyRentSell.com, LLC
Buyer's Agent
Carla Cappelletti
eXp Realty
List Price
$235,000
Sold Price
$231,000
Premium/Discount to List
-$4,000
-1.7%
Views
270
Current Estimated Value
$224,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,000
Avg. Annual Appreciation
-1.35%
Original Mortgage
$230,000
Outstanding Balance
$224,759
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$759

Purchase Details

Closed on
Oct 8, 2021
Sold by
Olson Gayle N
Bought by
Jungman Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Gessler Sandra $231,000 --
Jungman Joseph $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gessler Sandra $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Sold $231,000 -1.7% $73 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $235,000 -- $74 / 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
2025 $68 $316,200 $26,900 $289,300
2024 $66 $231,300 $26,900 $204,400
2023 $2,946 $156,600 $26,900 $129,700
2022 $1,664 $158,700 $26,900 $131,800
2021 $1,542 $115,000 $26,900 $88,100
2020 $2,252 $145,300 $24,900 $120,400
2019 $1,874 $126,600 $21,900 $104,700
2018 $1,560 $0 $0 $0
2016 $1,344 $0 $0 $0
2015 $1,226 $0 $0 $0
2014 $1,500 $0 $0 $0
2012 $1,910 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6374637

NorthstarMLS

APN: 34.209.0200