NOT LISTED FOR SALE

1401 Sunset St Albert Lea, MN 56007

Estimated Value: $371,000 - $543,000

5 Beds
4.5 Baths
3,700 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $320,000 $86 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,774/month

189 Days on Market

Highlights

  • Deck
  • Porch
  • Woodwork
  • Wood Flooring
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of May 2019

Incredible 5BR 5BA home located in Albert Lea, MN! Reap the benefits of lake living without the hassle and maintenance– This home gives off a cozy cabin-like feel with BEAUTIFUL views of Fountain Lake. Greeted by immaculate landscaping and a charming front porch before you step into the lower level of this home. Perfect for entertaining, you will find a large family room with a stone faced fireplace, large windows, and a spacious wet bar. Lower level also offers 2 bedrooms, and 2.5 bathrooms. Upper level features and updated kitchen and dining room full of country charm, 3 bedrooms, 2 bathrooms, and a living room with more breathtaking views overlooking Fountain Lake.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 10/05/2018

RE/MAX DYNAMIC AGENTS

Co-Listed By

Kelly Terrell

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Kelly Terrell

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Year Built

  • 1967

Lot Details

  • 0.3 Acre Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Parking

  • 3 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 341040030

Home Details

Home Type

Single Family

Year Built

1967

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.3
  • Assessments: Yes
  • Foundation Size: 3700
  • L V T Date: 10/05/2018
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 341040030
  • Stories: 2 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Finished Above Grade Sq Ft: 3700
  • Tot Above Grade Sq Ft: 3700
  • Total Fin Square Footage: 3700
  • Total Square Footage: 3700

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 3

Utilities

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

Lot Info

  • Estimated Lot Dimensions: .3 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
May 30, 2019
Sold by
Land To Home Development Inc
Bought by
Carlson James and Carlson Mindy
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Kelly Terrell
RE/MAX DYNAMIC AGENTS
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Current Estimated Value
$451,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,438
Avg. Annual Appreciation
5.31%
Original Mortgage
$326,880
Outstanding Balance
$287,407
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$164,031

Purchase Details

Closed on
May 2, 2018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlson James $320,000 North American Title
-- $137,900 --
Land To Home Development Inc $137,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson James $326,880
Previous Owner Land To Home Development Inc $116,000
Previous Owner -- $114,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $320,000 -3.0% $86 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $329,900 -2.9% $89 / Sq Ft
12/03/2018 12/03/18 For Sale $339,900 0.0% $92 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $339,900 -- $92 / 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 $5,240 $373,700 $64,600 $309,100
2024 $7,976 $349,500 $64,600 $284,900
2023 $7,056 $524,900 $129,300 $395,600
2022 $6,956 $457,900 $103,400 $354,500
2021 $6,886 $394,300 $103,400 $290,900
2020 $6,326 $358,900 $77,600 $281,300
2019 $7,060 $336,500 $77,600 $258,900
2018 $7,696 $0 $0 $0
2016 $5,852 $0 $0 $0
2015 $5,128 $0 $0 $0
2014 $5,210 $0 $0 $0
2012 $5,810 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Terrell

    Seller's Agent in 2019

    Dennis Terrell

    RE/MAX

    (507) 340-4562

    1 in this area

    163 Total Sales

    Dennis Terrell
    Section Image
  • Kelly Terrell

    Seller Co-Listing Agent in 2019

    Kelly Terrell

    RE/MAX

    (507) 420-8922

    98 Total Sales

    Kelly Terrell
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7019303

REALTOR® Association of Southern Minnesota

APN: 34.104.0030

Minnesota Freeborn County Albert Lea 56007

1401 Sunset St, Albert Lea, MN

Not Listed for Sale

Detached

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