$72,500
SOLD APR 16, 2025

1333 Margaretha Ave Albert Lea, MN 56007

1 Bed
1 Bath
552 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

3% Below List Price

28 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • Porch
  • 1-Story Property

About This Home

As of April 2025

Come take a look at this well cared for one level living home! Move right in and enjoy the new roof, furnace, windows, washer/dryer, fridge and water softener. With the garage and garage port you can enjoy the convenience of parking indoors. With the bonus spaces you could add more bedrooms. Take a look today!

Last Agent to Sell the Property

Jennifer Tolbers

Robert Hoffman Realty Inc. Listed on: 01/28/2025

Last Buyer's Agent

Alexander Phippen

True Real Estate

True Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • 1 Car Garage

Interior Spaces

  • 552 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Academy Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340481150

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 552
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Living Area: 552
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Three Season Porch

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Detached
  • Carport Spaces: 1
  • Garage Square Feet: 240

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40X125
  • Lot Size Sq Ft: 5227.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 340481150
  • Tax Annual Amount: 548
  • TaxWithAssessments: 614.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Apr 16, 2025
Sold by
Sprague Douglas
Bought by
Lundahl Marcus
Seller's Agent
Jennifer Tolbers
Robert Hoffman Realty Inc.
Buyer's Agent
Alexander Phippen
True Real Estate
List Price
$75,000
Sold Price
$72,500
Premium/Discount to List
-$2,500
-3.33%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$70,080
Outstanding Balance
$70,080
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$3,601

Purchase Details

Closed on
Sep 20, 2017
Sold by
Sprague Douglas E
Bought by
Kearney Luella M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $72,500 --
Contract Of Sale $46,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,080 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $72,500 -3.3% $131 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $75,000 -- $136 / 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 $614 $62,900 $9,900 $53,000
2023 $614 $55,300 $9,900 $45,400
2022 $626 $56,200 $9,900 $46,300
2021 $578 $49,900 $9,900 $40,000
2020 $550 $39,600 $6,900 $32,700
2019 $472 $34,100 $5,900 $28,200
2018 $464 $0 $0 $0
2016 $426 $0 $0 $0
2015 $412 $0 $0 $0
2014 $588 $0 $0 $0
2012 $674 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6654163

NorthstarMLS

APN: 34.048.1150