NOT LISTED FOR SALE

1218 Frank Ave Albert Lea, MN 56007

Estimated Value: $138,000 - $183,000

3 Beds
2 Baths
2,568 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $88,000 $34 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,010/month

78 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • French Doors
  • Porch
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

Charming home features original woodwork, open staircase and hardwood floors. Enjoy the bright sunporch with French doors walking into living room. Fully applianced kitchen and formal dining toom. Summer fun happens in large private backyard with 2 storage sheds.

Last Listed By

Norena Brekke

Leland Realty Listed on: 12/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1924

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 66x200

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,568 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • French Doors
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Malmers Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340430030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,230

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Metal
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 1620.00
  • Above Grade Finished Area Search: 1620.00
  • Above Grade Finished Sq Ft: 1620.00
  • Assessment Pending Y N: No
  • Below Grade Total Sq Ft: 948.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area: 564.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 14871
  • Listing Organization: Iowa
  • Living Area Finished: 1620.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 948.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 340430030
  • Property Out Building Type: Shed - Storage
  • Rental License: Yes
  • Stories Type: Two
  • Tax Assessment Balance: 32.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Full, Unfinished
  • Appliances: Cooktop, Microwave, Refrigerator, Wall Oven
  • Dining Room Features: Separate/Formal Dining Room
  • Bathroom Type: Main Floor 3/4 Bath, Upper Level Full Bath
  • Living Area: 2568.00
  • Fireplace: No
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete, Garage Door Opener, Tandem Garage, Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Property Amenities: Ceiling Fan(s), French Doors, Hardwood Floors, Kitchen Window, Natural Woodwork, Porch, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 241 - Albert Lea
  • School District Phone: 507-379-4800

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: No
  • Lot Size: 66x200
  • Homestead: No
  • Lot Size Acres: 0.3060
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Rental Info

  • Rental License: Standard

Tax Info

  • TaxLegalDescription: MALMER'S SUBDIVISION OF BLOCK LOT-009 LOT 9 LESS S 3 FT & S 69.29 FT LOT 17 & S 3 FT OF LOT 10 MALMERS SUB OF BLK 15 LAKE ADDITION
  • Tax Amount: 1230.00
  • Tax Year: 2018
  • Tax With Assessments: 1262.00
  • Assessor Parcel Number: 340430030

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 241 - Albert Lea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Apr 3, 2019
Sold by
Holcomb Lawrence and Holcomb Rosanne
Bought by
Johnson Nickolena
Seller's Agent
Norena Brekke
Leland Realty
List Price
$84,900
Sold Price
$88,000
Premium/Discount to List
$3,100
3.65%
Total Days on Market
78
Current Estimated Value
$159,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,542
Avg. Annual Appreciation
10.23%
Original Mortgage
$86,406
Outstanding Balance
$76,879
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$82,663

Range of Values:

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Average Value
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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 Nickolena $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Nickolena $86,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2019 04/03/19 Sold $88,000 +3.7% $34 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $84,900 -- $33 / 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
2024 $1,494 $134,600 $18,700 $115,900
2023 $1,518 $118,000 $18,700 $99,300
2022 $1,474 $120,100 $18,700 $101,400
2021 $1,234 $105,000 $18,700 $86,300
2020 $1,070 $83,300 $11,100 $72,200
2019 $1,306 $72,000 $9,600 $62,400
2018 $1,262 $0 $0 $0
2016 $1,132 $0 $0 $0
2015 $1,096 $0 $0 $0
2014 $1,116 $0 $0 $0
2012 $1,220 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5028626

NorthstarMLS

APN: 34.043.0030