NOT LISTED FOR SALE

1422 Edgewater Dr Albert Lea, MN 56007

Estimated Value: $409,000 - $527,784

3 Beds
3 Baths
2,718 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $309,900 $114 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,411/month

17 Days on Market

Highlights

  • Lake Front
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Whirlpool Bathtub
  • Bathroom on Main Level
  • Community Deck or Porch

About This Home

As of October 2012

Enjoy life, the view, & entertaining in the newer built home overlooking Fountain Lake.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,386

Year Built

  • 2000

Lot Details

  • 0.45 Acre Lot
  • Lake Front

Home Design

  • Poured Concrete
  • Frame Construction
  • Stucco Exterior

Interior Spaces

  • Electric Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub

Parking

  • 3 Car Garage
  • Tuck Under Garage

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 341360350

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,386

Year Built

2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.45
  • Parcel Number: 341360350
  • Taxes With Assessments: 5544
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Electric
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor Full Bath, Whirlpool
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: On Level: Main
  • Room 2: On Level: Lower
  • Room 5: On Level: Main
  • Room 6: On Level: Lower
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Material: Poured Concrete
  • Finished Above Grade Sq Ft: 1830
  • Below Grade Finished Sq Ft: 888
  • Total Fin Square Footage: 2718
  • Total Square Footage: 2634

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • Shared: Deck

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: .45ac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2013
Sold by
Kermes Lynn A and Kermes Dacia M
Bought by
Kermes Lynn A and Kermes Dacia M
Total Days on Market
17
Current Estimated Value
$486,946

Purchase Details

Listed on
Aug 27, 2012
Closed on
Oct 12, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kermes Lynn A and Kermes Dacia M
List Price
$309,900
Sold Price
$309,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$247,920
Interest Rate
3.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 2, 2012
Sold by
Wells Fargo Bank
Bought by
Federal Home Loan Mortgage Corporation

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Albert Lea, MN

  • 205 Ridge Rd, Albert Lea, MN 56007

    $434,900

    • 3 Beds
    • 2.5 Baths
    • 2,694 Sq Ft
    • 205 Ridge Rd
    • Albert Lea, MN

    Schedule your appointment today to tour this spacious two-story three bedroom home with a fully equipped gourmet kitchen which includes a double oven, walk-in pantry, warming drawer, large center island and granite counter tops. Other home upgrades include large primary bedroom suite with full primary bathroom, composite decking and aluminum guardrails on the two level deck, new roof and

    Craig Houim Century 21 Atwood

    Section Image
  • 1411 Sunset St, Albert Lea, MN 56007

    $569,900

    • 5 Beds
    • 3.5 Baths
    • 3,230 Sq Ft
    • 1411 Sunset St
    • Albert Lea, MN

    As amazing as the sunrise! This home is beautiful inside and out, upstairs and down, on the deck or in the garage, looking at the lake or enjoying the private backyard. This is a very hard to come by property that checks off so many boxes. It is a gorgeous historic home that is updated from top to bottom. There are million dollar lake views and an almost half acre lot. The large fenced in private

    Robert Hoffman Robert Hoffman Realty Inc.

    Section Image
  • 309 Willamor Rd, Albert Lea, MN 56007

    $399,900

    • 4 Beds
    • 2 Baths
    • 1,831 Sq Ft
    • 309 Willamor Rd
    • Albert Lea, MN

    Completely renovated four bedroom two bath multi-level home is a must see property to truly appreciate the love that went into the numerous home improvements. New kitchen w/ wi-fi capable stainless appliances, custom cabinets & marble & butcher block counter-tops, new windows, new roof, new doors, new flooring hardwood & carpets, stunning landscaping w/ numerous perennials & walking paths down to

    Rick Mummert Century 21 Atwood

    Section Image
  • 209 Green Lea Ln, Albert Lea, MN 56007

    $369,000

    • 3 Beds
    • 3 Baths
    • 3,068 Sq Ft
    • 209 Green Lea Ln
    • Albert Lea, MN

    Very well maintained and updated 3 bed/3 bath home. Large eat in kitchen, insulated 3 stall garage, main floor laundry and all bedrooms on main level. Brand new roof in 2024. Too many updates to list. See supplement for full list. Basement has an egress window added to make it an easy addition of a 4th bedroom. Move right in and enjoy a central located home that is close to the lake and golf

    Michael Polis Edina Realty, Inc.

    Section Image
  • 1613 Bunker Hill Rd, Albert Lea, MN 56007

    $399,000

    • 4 Beds
    • 3 Baths
    • 3,282 Sq Ft
    • 1613 Bunker Hill Rd
    • Albert Lea, MN

    Welcome to this well maintained, move in ready 4 bedroom, 3 bath home featuring a spacious 3 car garage, large deck and a fenced in yard - perfect for outdoor relaxation and entertaining. Step inside to discover a bright and airy family room with vaulted ceilings and a built-in entertainment center, providing a cozy yet modern feel. The generous primary suite boasts a luxurious ensuite

    Steve Lehner Leland Realty

    Section Image
  • 1210 Southview Ln, Albert Lea, MN 56007

    $369,900

    • 4 Beds
    • 2 Baths
    • 3,006 Sq Ft
    • 1210 Southview Ln
    • Albert Lea, MN

    A real gem in Albert Lea. Beautiful 3000 ft4/2/2 home on landscaped/fenced lot with mature trees. Main floor has been completley updated. Features include 3/4" solid oak floors, new gourmet kitchen with custom cabinetry, hidden beverage bar, sliding shelves, and extensive built-ins. Professional grade stainless-steel appliances including 5-burner induction cooktop, frig, and wall oven.

    Jim Berg RE/MAX Results

    Section Image
  • 1650 Hammer Rd, Albert Lea, MN 56007

    $390,000

    • 4 Beds
    • 2.5 Baths
    • 2,908 Sq Ft
    • 1650 Hammer Rd
    • Albert Lea, MN

    This 4 bedroom, 3 bath home includes over 1,100 square feet of garage space, sunroom, jacuzzi tub, amazing views and located on the north side of Albert Lea just 1/2 mile from the high school. This property also includes a 32' x 72' heated and cooled shop that would be perfect for your home based business. This property is located on blacktop, and is on city water and sewer. Neighboring

    Jared Dawson Leland Realty

    Section Image
  • 2081 Paradise Rd, Albert Lea, MN 56007

    $442,500

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 2081 Paradise Rd
    • Albert Lea, MN

    Hard to find large one level living quality construction with 3 car garage. Modify the home however you may want. Features large owner's suite with private bath and walk-in tiled shower along with walk-in closet, which then leads to the laundry room. The third bedroom can be customized to home office, game room, or den. This is a to-be-built, which allows for any customizations wanted. Model may

    Michael Davis Bridge Realty, LLC

    Section Image
  • 1025 Frank Hall Dr, Albert Lea, MN 56007

    $449,900

    • 4 Beds
    • 3 Baths
    • 2,458 Sq Ft
    • 1025 Frank Hall Dr
    • Albert Lea, MN

    Gorgeous Lakefront Home with High-End Finishes and 100 feet on the water! This Home Features 4+ Bedrooms, 3 Designer Baths, 2 Fireplaces, 2 Kitchens and Laundry on both levels. It is a Single Family Home that could Easily be a Multi-Generational Home with a Mother-in-Law Suite or Investment Property. The Main Kitchen Features a Hammered Farm Sink, Double Wall Oven, Electric Cooktop, Hot Water

    Deborah Stratton Re/Max Results

    Section Image
See All Homes in Albert Lea

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
Kermes Lynn A -- Land Title
Kermes Lynn A -- --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kermes Lynn A $337,600
Closed Kermes Dacia M $41,700
Previous Owner Kermes Lynn A $247,920
Previous Owner Jensen Timothy C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $309,900 0.0% $114 / Sq Ft
09/13/2012 09/13/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $309,900 -- $114 / 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
2024 $8,386 $524,600 $87,400 $437,200
2023 $7,366 $527,000 $87,400 $439,600
2022 $7,262 $463,500 $87,400 $376,100
2021 $7,364 $389,700 $87,400 $302,300
2020 $7,042 $374,700 $87,400 $287,300
2019 $7,582 $405,000 $87,400 $317,600
2018 $6,998 $0 $0 $0
2016 $5,996 $0 $0 $0
2015 $5,852 $0 $0 $0
2014 $5,880 $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4392969

REALTOR® Association of Southern Minnesota

APN: 34.136.0350

Minnesota Freeborn County Albert Lea 56007

1422 Edgewater Dr, Albert Lea, MN

Homes for Sale in Albert Lea, MN

This home is located at 1422 Edgewater Dr, Albert Lea, MN 56007 since 27 August 2012 and is currently estimated at $486,946, approximately $179 per square foot. This property was built in 2000. 1422 Edgewater Dr is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes