1413 Martin Rd Albert Lea, MN 56007
Estimated Value: $263,000 - $302,000
4
Beds
2
Baths
1,749
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Stainless Steel Appliances
- Bonus Room
- No HOA
- Cul-De-Sac
About This Home
As of October 2023Completely 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,965
Avg. Annual Appreciation
3.70%
Original Mortgage
$275,000
Outstanding Balance
$271,120
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$20,755
Similar Homes in Albert Lea, MN
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Hoffman David M | $14,500 | |
| Previous Owner | Hoffman David M | $112,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
-
Robert Hoffman
Seller's Agent in 2023
Robert Hoffman
Robert Hoffman Realty Inc.
(507) 402-7399
113 in this area
145 Total Sales
-
Pam Schmidt
Buyer's Agent in 2023
Pam Schmidt
Coldwell Banker River Valley, REALTORS
(507) 373-8963
64 in this area
99 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6431441
APN: 34.150.0110
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