NOT LISTED FOR SALE

1406 Louis St Albert Lea, MN 56007

Estimated Value: $130,000 - $206,000

3 Beds
1 Bath
1,328 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $120,000 $90 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $954/month

Highlights

  • Bonus Room
  • Porch
  • Storage Room
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Over 1 acre in town! This 3-bed 1 bath turn-of-the-century home is ready for you. With a huge garage and wooded lot, this is almost like country living without the drive. Just blocks to Lakeview Elementary, Shoff Park, and Fountain Lake! The upper-level bonus room currently doubles as a walk-in closet. Call your agent today for a showing.

Last Listed By

Brian Durham

Realty Group LLC Listed on: 05/06/2022

Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 1900

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 109x434x116x480
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 2 Car Garage
  • Heated Garage

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Bonus Room
  • Storage Room
  • Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Browns Fairview Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341140600

Home Details

Home Type

Single Family

Est. Annual Taxes

$671

Year Built

Built in 1900

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: 1900
  • Above Grade Finished Sq Ft: 1130
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 23x41
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1328
  • Fireplace: No
  • Below Grade Finished Sq Ft: 198
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Storage, Porch, Bonus Room
  • SqFtTotal: 1436.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Partial, Privacy

Garage/Parking

  • Parking Features: Detached, Heated Garage
  • Garage Square Feet: 735
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Other,Porch

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 109x434x116x480
  • Lot Size Sq Ft: 49963.32
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • 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: 2021
  • Assessor Parcel Number: 341140600
  • Tax Annual Amount: 671
  • TaxWithAssessments: 724.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 23, 2022
Sold by
Marshall Michael and Marshall Jennifer
Bought by
Klassen James
Seller's Agent
Brian Durham
Realty Group LLC
Buyer's Agent
Asia Thostenson
Realty ONE Group Black Diamond
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
0
Current Estimated Value
$152,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,198
Avg. Annual Appreciation
3.17%
Original Mortgage
$114,000
Outstanding Balance
$109,706
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$21,403

Purchase Details

Closed on
Apr 5, 2019
Sold by
Wells Fargo Bank
Bought by
Marshall Michael Eugene

Range of Values:

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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
Klassen James $120,000 --
Marshall Michael Eugene $30,500 Boston National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klassen James $114,000
Previous Owner Marshall Michael Eugene $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $120,000 -4.0% $90 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $125,000 +25.0% $94 / Sq Ft
05/06/2022 05/06/22 For Sale $100,000 -- $75 / 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 $1,266 $107,800 $30,200 $77,600
2023 $764 $103,800 $30,200 $73,600
2022 $726 $71,600 $30,200 $41,400
2021 $724 $58,700 $30,200 $28,500
2020 $810 $65,500 $25,900 $39,600
2019 $664 $54,300 $21,600 $32,700
2018 $670 $0 $0 $0
2016 $610 $0 $0 $0
2015 $610 $0 $0 $0
2014 $632 $0 $0 $0
2012 $492 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6107021

NorthstarMLS

APN: 34.114.0600