NOT LISTED FOR SALE

1422 Edgewater Dr Albert Lea, MN 56007

Estimated Value: $427,000 - $567,826

3 Beds
3 Baths
2,718 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 15, 2012

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

Est. 64% increase in value since last sale

Current estimated payment $3,411/month

Highlights

  • Lake Front
  • Whirlpool Bathtub
  • Bathroom on Main Level
  • 0.45 Acre Lot
  • Formal Dining Room
  • Forced Air Heating and Cooling System

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

  • $8,572

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

$8,572

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
Current Estimated Value
$506,707

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
3.86%
Original Mortgage
$247,920
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

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

Range of Values:

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Average Value
Not Available
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
Kermes Lynn A -- Land Title
Kermes Lynn A -- --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kermes Lynn A $247,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $8,572 $590,500 $87,400 $503,100
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

This home is located at 1422 Edgewater Dr, Albert Lea, MN 56007 since 27 August 2012 and is currently estimated at $506,707, approximately $186 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.

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