NOT LISTED FOR SALE

1413 Martin Rd Albert Lea, MN 56007

Estimated Value: $251,000 - $322,000

4 Beds
2 Baths
1,749 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $275,000 $157 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,812/month

16 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Stainless Steel Appliances
  • Bonus Room
  • No HOA
  • Cul-De-Sac

About This Home

As of October 2023

Completely renovated 4 bedroom, 2 bath room home with a heated garage and private 2nd story deck off of the main bedroom overlooking Edgewater Park and Fountain Lake. Maintenance free living with newer siding, roof, windows, driveway, energy efficient mechanicals, new appliances and 200 amp breaker electrical service. Home is located on a corner lot on a dead end cul-de-sac overlooking one of the communities nicest parks and with views of the near by lake. The heated and insulated garage has great storage and a lot of clean space to entertain. The patios and flat lawn are a perfect compliment to the garage and huge newer driveway when having people over. This home has been gone over from head to toe by the long time owners and is not just another quick flip. The wall to wall hardwood floors on the main floor are amazing. The very clean unfinished basement has a newer egresses window but the location is post card perfect. A 9/2023 Pre-Inspectipon Home Inspection Report is available.

Last Agent to Sell the Property

Robert Hoffman

Robert Hoffman Realty Inc. Listed on: 09/10/2023

Last Buyer's Agent

Pam Schmidt

Coldwell Banker River Valley, REALTORS

Coldwell Banker River Valley, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1915

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 78x132x79x29x106
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • Unfinished Walls

Interior Spaces

  • 1,749 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Bonus Room
  • Utility Room
  • Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Farrys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341500110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

Built in 1915

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1749
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 23x42
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Full, Unfinished
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
  • Living Area: 1749
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Unfinished, Laundry, Utility Room, Bonus Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Fencing: None
  • Other Structures: Storage Shed
  • PatioPorchType: Composite Decking,Deck,Other,Patio

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 864
  • ParkingOpen: 6
  • Garage Door Height: 9

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 78x132x79x29x106
  • Lot Size Sq Ft: 11194.92
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot
  • 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: 2023
  • Assessor Parcel Number: 341500110
  • Tax Annual Amount: 2528
  • TaxWithAssessments: 2592.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2023
Closed on
Oct 30, 2023
Sold by
Hoffman David and Hoffman Nicole
Bought by
Davis Neil
Seller's Agent
Robert Hoffman
Robert Hoffman Realty Inc.
Buyer's Agent
Pam Schmidt
Coldwell Banker River Valley, REALTORS
List Price
$275,000
Sold Price
$275,000
Views
138
Current Estimated Value
$287,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,375
Avg. Annual Appreciation
2.31%
Original Mortgage
$275,000
Outstanding Balance
$269,901
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$17,474
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
Davis Neil $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Neil $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $275,000 +5.8% $157 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $259,900 -5.5% $149 / Sq Ft
09/12/2023 09/12/23 For Sale $275,000 -- $157 / 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 $3,382 $260,900 $25,000 $235,900
2024 $2,510 $237,300 $25,000 $212,300
2023 $2,592 $181,300 $25,000 $156,300
2022 $2,208 $186,900 $25,000 $161,900
2021 $1,814 $143,700 $25,000 $118,700
2020 $1,750 $118,900 $25,000 $93,900
2019 $1,610 $112,700 $23,300 $89,400
2018 $1,690 $0 $0 $0
2016 $1,166 $0 $0 $0
2015 $1,128 $0 $0 $0
2014 $1,088 $0 $0 $0
2012 $1,326 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6431441

NorthstarMLS

APN: 34.150.0110