NOT LISTED FOR SALE

1301 Frank Ave Albert Lea, MN 56007

Estimated Value: $113,000 - $150,000

3 Beds
1 Bath
1,073 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 26, 2014

Last sale price $16,000 $15 Per Sq Ft

Est. 720% increase in value since last sale

Current estimated payment $807/month

234 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Wood Siding
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of February 2014

This is a fixer-upper. Some unfinished work throughout home and the kitchen needs attention.

Last Agent to Sell the Property

Bill Leland

Leland Realty, Inc. Listed on: 06/17/2013

Last Buyer's Agent

Lynn Kelley

RE/MAX Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Irregular Lot
  • Few Trees

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,073 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 340490860

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.18
  • Assessment Balance: 479.6
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 340490860
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 612
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 12x13, On Level: Main
  • Room 2: Bedroom, 11x12, On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 5: Dining Room, 12x12, On Level: Main
  • Room 9: Kitchen, 9x12, On Level: Main
  • Room 12: Living Room, 12x13, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1073
  • Total Fin Square Footage: 1073
  • Total Square Footage: 1909

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Wood

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 60x130
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Building Info

  • Year Built: 1925

Tax Info

  • Year: 2013
  • Tax Value: 480.6

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
Pitan Nicholas
Bought by
Patino Antonio
Current Estimated Value
$131,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Outstanding Balance
$8,973
Interest Rate
3.1%
Mortgage Type
Stand Alone First
Estimated Equity
$115,814

Purchase Details

Closed on
Feb 20, 2013
Bought by
Pitan Nicholas
Source: Public Records

Range of Values:

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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
Patino Antonio $69,900 None Available
Pitan Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patino Antonio $49,900
Previous Owner Pitan Nicholas S $19,000
Previous Owner Pitan Nicholas S $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2014 02/26/14 Sold $16,000 -20.0% $15 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
06/17/2013 06/17/13 For Sale $20,000 -- $19 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,368 $131,700 $21,000 $110,700
2024 $1,226 $115,700 $15,000 $100,700
2023 $1,238 $101,300 $15,000 $86,300
2022 $1,178 $102,800 $15,000 $87,800
2021 $1,044 $89,300 $15,000 $74,300
2020 $1,442 $75,800 $10,500 $65,300
2019 $1,190 $65,400 $9,000 $56,400
2018 $1,148 $0 $0 $0
2016 $1,002 $0 $0 $0
2015 $664 $0 $0 $0
2014 $548 $0 $0 $0
2012 $634 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4496637

REALTOR® Association of Southern Minnesota

APN: 34.049.0860