NOT LISTED FOR SALE

1406 Frank Hall Dr Albert Lea, MN 56007

Estimated Value: $199,036

3 Beds
3 Baths
1,232 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $225,000 $183 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,197/month

92 Days on Market

Highlights

  • Lake View
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room

About This Home

As of August 2024

This charming property has been meticulously updated to offer a modern living experience in a serene Albert Lea neighborhood. Here’s what makes this home a standout choice: Newly Renovated Kitchen: New appliances, cabinets, and sleek countertops. Updated Bathrooms: Contemporary fixtures and finishes for a spa-like retreat. Fresh Windows & Doors: Brighten up your space with natural light and enhanced insulation.
Elegant Pergo Flooring: Durable and stylish flooring that complements any decor. Plush New Carpet: Adding warmth and comfort to the bedrooms. Outdoor Living: Enjoy the outdoors with a new front wood deck and rear upper deck, perfect for entertaining or relaxation. Basement Upgrades: A new sump pump and waterproofing. Situated across from Albert Lea Lake with nice views of the lake, seasonal visits from cardinals, robins, and hummingbirds, this home combines the peace of a quiet street with the convenience of city living.

Last Agent to Sell the Property

Rickey Mack

Fuze Real Estate Listed on: 04/22/2024

Last Buyer's Agent

Ann Doring-Archer

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 130x49

Parking

  • 2 Car Garage

Interior Spaces

  • 1,232 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 340482460

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,128

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1939
  • Above Grade Finished Sq Ft: 1232
  • Water Body Name: Albert Lea
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1232
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PatioPorchType: Deck,Patio
  • Lake Acres: 2669
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 600

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Freeborn - Mower Cooperative Services

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Deck,Kitchen Window,Other,Patio

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 130x49
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 340482460
  • Tax Annual Amount: 1128
  • TaxWithAssessments: 1314.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Aug 14, 2024
Sold by
Mack Rickey
Bought by
Hartley Andrew
Seller's Agent
Rickey Mack
Fuze Real Estate
Buyer's Agent
Ann Doring-Archer
Edina Realty, Inc.
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Views
166
Current Estimated Value
$199,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,964
Avg. Annual Appreciation
-11.33%
Original Mortgage
$100,000
Outstanding Balance
$99,063
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$99,973

Purchase Details

Closed on
Feb 26, 2018
Sold by
Ctw Group Inc
Bought by
Mack Rickey A

Purchase Details

Closed on
Oct 24, 2017
Sold by
Jokela Jennifer R and Oleson Brian
Bought by
Ctu Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.83%
Mortgage Type
Commercial
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
Hartley Andrew $225,000 --
Mack Rickey A $52,900 None Available
Ctu Group Inc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartley Andrew $100,000
Previous Owner Mack Rickey A $39,900
Previous Owner Mack Rickey Artrel $39,200
Previous Owner Minnesota Housing Corp $38,000
Previous Owner Ctu Group Inc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $225,000 -6.2% $183 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $239,900 -2.0% $195 / Sq Ft
06/05/2024 06/05/24 Price Changed $244,900 -2.0% $199 / Sq Ft
05/21/2024 05/21/24 Price Changed $249,900 -2.0% $203 / Sq Ft
05/08/2024 05/08/24 Price Changed $254,900 -1.9% $207 / Sq Ft
04/27/2024 04/27/24 For Sale $259,900 -- $211 / 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
2025 $1,338 $205,000 $17,200 $187,800
2024 $1,314 $113,900 $12,300 $101,600
2023 $1,362 $99,400 $12,300 $87,100
2022 $1,002 $102,900 $12,300 $90,600
2021 $1,410 $71,700 $12,300 $59,400
2020 $1,614 $88,300 $8,600 $79,700
2019 $1,380 $76,200 $7,400 $68,800
2018 $1,330 $0 $0 $0
2016 $1,200 $0 $0 $0
2015 $1,178 $0 $0 $0
2014 $1,202 $0 $0 $0
2012 $1,238 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6517705

NorthstarMLS

APN: 34.048.2460