NOT LISTED FOR SALE

1409 W Fountain St Albert Lea, MN 56007

Estimated Value: $132,000 - $160,000

3 Beds
1 Bath
1,288 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $114,000 $89 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $865/month

54 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • 1-Story Property
  • No HOA
  • Living Room
  • Detached Carport Space

About This Home

As of December 2022

Nice 3 bedroom home, with updated kitchen , formal dining area and eat in kitchen. Hard wood floors on main level and 2 bedrooms and full bath. Nice 3 season porch to enjoy them evenings. 3rd Bedroom in lower level with egress window. (Flooring will be installed) Oversized single stall garage with carport for extra parking. All of this located on a corner lot. Blocks from Fountain Lake, and easy access to interstate. A must see!!

Last Agent to Sell the Property

Josh Harmdierks

Unique Realty Listed on: 09/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1955

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Corner Lot

Parking

  • 1 Car Garage
  • Detached Carport Space

Interior Spaces

  • 1-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morin Fields Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340110670

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1955

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
  • Association Amenities: None
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1188
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 40x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Full, Partially Finished, Sump Pump
  • Appliances: Range, Refrigerator
  • Living Area: 1288
  • Fireplace: No
  • Below Grade Finished Sq Ft: 100
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Carport, Detached, Concrete
  • Garage Square Feet: 392
  • ParkingOpen: 1
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Service - 60 Amp
  • Fuel: Natural Gas
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Deck,Hardwood Floors,Kitchen Window,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x110
  • Lot Size Sq Ft: 6577.56
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 340110670
  • Tax Annual Amount: 1412
  • TaxWithAssessments: 1466.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 14, 2022
Sold by
Holcomb Lawrence and Holcomb Rosanne
Bought by
Lutgens Nathan
Seller's Agent
Josh Harmdierks
Unique Realty
List Price
$124,900
Sold Price
$114,000
Premium/Discount to List
-$10,900
-8.73%
Views
75
Current Estimated Value
$145,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,175
Avg. Annual Appreciation
8.83%
Original Mortgage
$71,043
Outstanding Balance
$69,052
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$75,308

Purchase Details

Closed on
Jun 16, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Holcomb Lawrence W and Holcomb Rosanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.63%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 3, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corporation
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
Lutgens Nathan $114,000 --
Holcomb Lawrence W -- --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutgens Nathan $71,043
Previous Owner Holcomb Lawrence W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $114,000 -8.7% $89 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $124,900 -- $97 / 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 $1,142 $130,200 $24,000 $106,200
2024 $1,166 $102,100 $11,800 $90,300
2023 $1,256 $97,600 $11,800 $85,800
2022 $1,466 $103,900 $11,800 $92,100
2021 $1,432 $80,400 $11,800 $68,600
2020 $1,626 $81,900 $10,200 $71,700
2019 $1,362 $67,700 $8,500 $59,200
2018 $1,382 $0 $0 $0
2016 $1,152 $0 $0 $0
2015 $1,194 $0 $0 $0
2014 $1,260 $0 $0 $0
2012 $1,590 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6265703

NorthstarMLS

APN: 34.011.0670