NOT LISTED FOR SALE

1421 Martin Rd Albert Lea, MN 56007

Estimated Value: $293,000 - $369,000

3 Beds
2.5 Baths
2,631 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $222,000 $84 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,185/month

314 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Property is near a preserve or public land
  • Vaulted Ceiling
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of July 2013

Located in a quiet cul-de-sac, this fully updated home has a newer sun room addition to enjoy family time and also serves as insulated storage area below the sun room. Numerous improvements include new kitchen and bathrooms, roof and siding, and large deck.

Last Agent to Sell the Property

Rick Mummert

Ron Holtan Real Estate Listed on: 07/28/2012

Last Buyer's Agent

Steve Honsey

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 34x145x161x132
  • Cul-De-Sac
  • Irregular Lot

Home Design

  • Tri-Level Property
  • Frame Construction
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 341500080

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.33
  • Assessments: Yes
  • Parcel Number: 341500080
  • Property Adjoins Public Land: Yes
  • Room 18: Sunroom/Solarium, 19x13, On Level: Main
  • Stories: Tri-Level Split
  • Street Designation: Road
  • Taxes With Assessments: 3258
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator, Trash Compactor
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Bedroom, 12.8x11.4, On Level: Upper
  • Room 2: Bedroom, 11x12, On Level: Upper
  • Room 5: Dining Room, 10x10, On Level: Main
  • Room 6: Family Room, 22x13, On Level: Lower
  • Room 9: Kitchen, 17x10, On Level: Main
  • Room 12: Living Room, 27x13.5, On Level: Main
  • Room 13: Master Bedroom, 13x13, On Level: Upper
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1903
  • Below Grade Finished Sq Ft: 728
  • Total Fin Square Footage: 2631
  • Total Square Footage: 2631

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Cement Board, Wood

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 34x145x161x132
  • Lot/Land Description: Cul De Sac, Irregular Lot

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2012
  • Tax Value: 3018

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2012
Closed on
Jul 30, 2013
Sold by
Nelson Kevin R and Nelson Jill M
Bought by
Frazier Michael G and Frazier Constance M
Seller's Agent
Rick Mummert
Ron Holtan Real Estate
Buyer's Agent
Steve Honsey
RE/MAX Properties
List Price
$239,900
Sold Price
$222,000
Premium/Discount to List
-$17,900
-7.46%
Current Estimated Value
$334,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,879
Avg. Annual Appreciation
3.43%
Original Mortgage
$217,979
Outstanding Balance
$161,193
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$173,686
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
Frazier Michael G -- Minnesota Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Michael G $217,979
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $222,000 -7.5% $84 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
07/28/2012 07/28/12 For Sale $239,900 -- $91 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,830 $383,200 $25,700 $357,500
2024 $4,422 $324,800 $25,700 $299,100
2023 $4,636 $300,500 $25,700 $274,800
2022 $4,110 $313,900 $25,700 $288,200
2021 $4,208 $244,100 $25,700 $218,400
2020 $4,138 $244,200 $25,700 $218,500
2019 $3,904 $233,700 $24,000 $209,700
2018 $3,496 $0 $0 $0
2016 $3,086 $0 $0 $0
2015 $2,870 $0 $0 $0
2014 $2,946 $0 $0 $0
2012 $3,258 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4381905

REALTOR® Association of Southern Minnesota

APN: 34.150.0080