NOT LISTED FOR SALE

1216 Cedar Ave Unit 3 Albert Lea, MN 56007

Estimated Value: $243,000 - $621,000

4 Beds
3 Baths
3,720 Sq Ft
$122/Sq Ft Est. Value

About This Home

This home is located at 1216 Cedar Ave Unit 3, Albert Lea, MN 56007 and is currently estimated at $452,231, approximately $121 per square foot. 1216 Cedar Ave Unit 3 is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Isackson Trust
Bought by
Johnson Steve and Johnson Rebecca
Current Estimated Value
$452,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,900
Outstanding Balance
$274,090
Interest Rate
4.8%
Mortgage Type
VA
Estimated Equity
$123,681
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Johnson Steve $315,000 None Available
Source: Public Records

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 $7,138 $486,400 $28,900 $457,500
2024 $6,432 $464,100 $28,900 $435,200
2023 $5,720 $426,600 $28,900 $397,700
2022 $5,398 $375,900 $28,900 $347,000
2021 $5,572 $312,100 $28,900 $283,200
2020 $5,618 $321,800 $28,900 $292,900
2019 $5,092 $296,300 $28,900 $267,400
2018 $4,972 $0 $0 $0
2016 $4,786 $0 $0 $0
2015 $4,674 $0 $0 $0
2014 $4,694 $0 $0 $0
2012 $4,930 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

1216 Cedar Ave Unit 3, Albert Lea, MN

This home is located at 1216 Cedar Ave Unit 3, Albert Lea, MN 56007 and is currently estimated at $452,231, approximately $121 per square foot. 1216 Cedar Ave Unit 3 is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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