NOT LISTED FOR SALE

1312 Academy Ave Albert Lea, MN 56007

Estimated Value: $64,000 - $103,000

1 Bed
1 Bath
729 Sq Ft
$111/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $20,000 $27 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $486/month

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Ceiling Fan
  • 1-Story Property

About This Home

As of April 2013

Large eat-in kitchen, windows and siding replaced, freshly painted interior. Move-in condition. Full bath is in basement.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $724

Year Built

  • 1939

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 340481060

Home Details

Home Type

Single Family

Est. Annual Taxes

$724

Year Built

1939

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.11
  • Assessment Balance: 549.72
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 340481060
  • Stories: 1 Story
  • Taxes With Assessments: 592
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Bathroom Description: Full Basement
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 9x13, On Level: Main
  • Room 9: Kitchen, 11x13, On Level: Main
  • Room 12: Living Room, 13x15, On Level: Main
  • Room 15: Other, 11x12, On Level: Basement
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 552
  • Below Grade Finished Sq Ft: 177
  • Total Fin Square Footage: 729
  • Total Square Footage: 1104

Exterior Features

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

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 40x125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2013
Closed on
Apr 4, 2013
Sold by
Suter Thomas L and Suter Diane L
Bought by
Possin Michael
List Price
$25,900
Sold Price
$20,000
Premium/Discount to List
-$5,900
-22.78%
Current Estimated Value
$81,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,156
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Suter Thomas L and Suter Diane L
Bought by
Suter Thomas L and Suter Diane L
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
Possin Michael -- --
Suter Thomas L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2013 04/04/13 Sold $20,000 -22.8% $27 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $25,900 -- $36 / 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 $724 $57,300 $13,900 $43,400
2024 $634 $42,700 $9,900 $32,800
2023 $650 $38,000 $9,900 $28,100
2022 $676 $39,300 $9,900 $29,400
2021 $620 $35,400 $9,900 $25,500
2020 $590 $30,400 $6,900 $23,500
2019 $500 $26,200 $5,900 $20,300
2018 $480 $0 $0 $0
2016 $432 $0 $0 $0
2015 $422 $0 $0 $0
2014 $420 $0 $0 $0
2012 $592 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4429345

REALTOR® Association of Southern Minnesota

APN: 34.048.1060

Minnesota Freeborn County Albert Lea 56007

1312 Academy Ave, Albert Lea, MN

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