NOT LISTED FOR SALE

1318 Martin Rd Albert Lea, MN 56007

Estimated Value: $295,000 - $303,000

4 Beds
2 Baths
2,802 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $142,000 $51 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,952/month

58 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Patio
  • Wood Siding

About This Home

As of January 2013

You don't see many split level homes like this one. It has an open foyer that opens into the main living room on the same level. This home has 4 bedrooms and two baths and is located across from a park.

Last Listed By

Greg Moen

RE/MAX Properties Listed on: 09/05/2012

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100x120
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 341355760

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,898

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Garage Spaces: 2.00
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1458.00
  • Above Grade Finished Area Search: 1458.00
  • Above Grade Finished Sq Ft: 1458.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1344.00
  • Below Grade Total Sq Ft: 1344.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: 3 BR on One Level
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 11699
  • Listing Organization: Iowa
  • Living Area Finished: 2802.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1458.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 341355760
  • Rental License: No
  • Stories Type: Three Level Split
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Basement: Concrete Block, Daylight/Lookout Windows, Drainage System, Finished (Livable), Full, Sump Pump
  • Fireplace Features: Gas Burning
  • Living Area: 2802.00
  • Fireplace: No
  • Stories: 3
  • Below Grade Finished Sq Ft: 1344.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Property Amenities: Deck, Patio

Schools

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

Lot Info

  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 100x120
  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.2700
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: SHORELAND HEIGHTS Lot-007 Block-030 LOT 7 BLK 30 SHORELAND HEIGHTS
  • Tax Amount: 2898.00
  • Tax Year: 2012
  • Tax With Assessments: 2898.00
  • Assessor Parcel Number: 341355760

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

Closed on
Jul 15, 2016
Sold by
Hanson Gregory Gregory
Bought by
Roppel Nathan Nathan
Total Days on Market
58
Current Estimated Value
$297,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.42%

Purchase Details

Listed on
Sep 5, 2012
Closed on
Jan 11, 2013
Sold by
Claussen Forrest D and Claussen Gretchen A
Bought by
Wadding Hanson Kristie R
Seller's Agent
Greg Moen
RE/MAX Properties
List Price
$164,900
Sold Price
$142,000
Premium/Discount to List
-$22,900
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$139,428
Interest Rate
3.5%
Mortgage Type
FHA

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
Roppel Nathan Nathan $180,000 --
Wadding Hanson Kristie R -- Minnesota Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roppel Nathan C $165,000
Closed Roppel Nathan Nathan $180,000
Previous Owner Wadding Hanson Kristie R $139,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $142,000 -13.9% $51 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $164,900 -- $59 / 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 $3,548 $263,900 $29,100 $234,800
2023 $3,716 $246,000 $29,100 $216,900
2022 $3,330 $256,800 $29,100 $227,700
2021 $3,418 $202,900 $29,100 $173,800
2020 $3,370 $203,900 $29,100 $174,800
2019 $3,170 $195,000 $27,200 $167,800
2018 $2,850 $0 $0 $0
2016 $2,510 $0 $0 $0
2015 $2,334 $0 $0 $0
2014 $2,472 $0 $0 $0
2012 $2,898 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5078490

NorthstarMLS

APN: 34.135.5760