NOT LISTED FOR SALE

1401 Garfield Ave Albert Lea, MN 56007

Estimated Value: $208,595 - $244,000

4 Beds
2 Baths
2,563 Sq Ft
$89/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $127,900 $50 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,186/month

239 Days on Market

Highlights

  • Formal Dining Room
  • Eat-In Kitchen
  • Patio
  • 2 Car Attached Garage
  • Woodwork
  • 2-minute walk to Eastgate Park

About This Home

As of December 2012

Extremely well built and spacious, 4 bedroom, 2 bath home. Features formal dining, main floor laundry, eat-in kitchen, nice birch woodwork and wonderful storage. Siding has long-wearing baked-on finish.

Last Agent to Sell the Property

Jan Mattson

Leland Realty, Inc. Listed on: 03/20/2012

Last Buyer's Agent

Matthew Johnson

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1968

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 79.75x131
  • Few Trees

Home Design

  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Formal Dining Room
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Water Softener is Owned

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 342000710

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,888

Year Built

Built in 1968

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.24
  • Construction: Previously Owned
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 342000710
  • Property Adjoins Public Land: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 9x16, On Level: Main
  • Room 2: Bedroom, 9x13, On Level: Main
  • Room 3: Bedroom, 10x16, On Level: Main
  • Room 4: Den/Office, 11x13, On Level: Basement
  • Room 5: Dining Room, 10x17, On Level: Main
  • Room 6: Family Room, 11x25, On Level: Basement
  • Room 9: Kitchen, 10x17, On Level: Main
  • Room 12: Living Room, 19x20, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1603
  • Below Grade Finished Sq Ft: 960
  • Total Fin Square Footage: 2563
  • Total Square Footage: 3206

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 79.75x131
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1968

Tax Info

  • Year: 2012
  • Tax Value: 1888

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2012
Closed on
Dec 14, 2012
Sold by
Harrison Ellen
Bought by
Foundation For The Challenged
Seller's Agent
Jan Mattson
Leland Realty, Inc.
Buyer's Agent
Matthew Johnson
RE/MAX Properties
List Price
$169,000
Sold Price
$127,900
Premium/Discount to List
-$41,100
-24.32%
Current Estimated Value
$226,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,999
Avg. Annual Appreciation
4.42%
Original Mortgage
$108,715
Outstanding Balance
$75,215
Interest Rate
3.34%
Estimated Equity
$151,684
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foundation For The Challenged -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foundation For The Challenged $108,715
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $127,900 -24.3% $50 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $169,000 -- $66 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $68 $195,000 $21,600 $173,400
2024 $66 $172,700 $21,600 $151,100
2023 $64 $153,800 $21,600 $132,200
2022 $54 $152,800 $21,600 $131,200
2021 $53 $128,800 $21,600 $107,200
2020 $53 $169,100 $20,000 $149,100
2019 $38 $147,200 $17,600 $129,600
2018 $32 $0 $0 $0
2016 $31 $0 $0 $0
2015 $30 $0 $0 $0
2014 $30 $0 $0 $0
2012 $1,888 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4182003

REALTOR® Association of Southern Minnesota

APN: 34.200.0710

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