NOT LISTED FOR SALE

1318 Martin Rd Albert Lea, MN 56007

Estimated Value: $303,000 - $318,744

4 Beds
2 Baths
2,802 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 11, 2013

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

Est. 119% increase in value since last sale

Current estimated payment $1,972/month

58 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Property is near a preserve or public land
  • Corner Lot
  • Patio
  • Forced Air Heating and Cooling System

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 Agent to Sell the Property

Greg Moen

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

Last Buyer's Agent

Greg Moen

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,822

Year Built

  • 1979

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 341355760

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,822

Year Built

1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.27
  • Parcel Number: 341355760
  • Property Adjoins Public Land: Yes
  • Stories: Tri-Level Split
  • Street Designation: Road
  • Taxes With Assessments: 2898
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 2: Bedroom, 11x12, On Level: Upper
  • Room 3: Bedroom, 11x12, On Level: Upper
  • Room 5: Dining Room, 12x12, On Level: Upper
  • Room 6: Family Room, 13x27, On Level: Lower
  • Room 9: Kitchen, 10x13, On Level: Upper
  • Room 12: Living Room, 15x19, On Level: Main
  • Room 13: Master Bedroom, 14x16, On Level: Upper
  • Basement Features: Daylight/Lookout Windows, Drainage System, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1458
  • Below Grade Finished Sq Ft: 1344
  • Total Fin Square Footage: 2802
  • Total Square Footage: 2802

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 100x120
  • Lot/Land Description: Corner Lot

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
Current Estimated Value
$310,436

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
Outstanding Balance
$142,948
Interest Rate
3.42%
Estimated Equity
$167,488

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
Buyer'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
6.33%
Original Mortgage
$139,428
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

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 Nathan $180,000
Previous Owner Wadding Hanson Kristie R $139,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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: 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 $3,822 $302,600 $29,100 $273,500
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

  • G

    Seller's Agent in 2013

    Greg Moen

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4395640

REALTOR® Association of Southern Minnesota

APN: 34.135.5760

Minnesota Freeborn County Albert Lea 56007

1318 Martin Rd, Albert Lea, MN

This home is located at 1318 Martin Rd, Albert Lea, MN 56007 since 05 September 2012 and is currently estimated at $310,436, approximately $110 per square foot. This property was built in 1979. 1318 Martin Rd is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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