NOT LISTED FOR SALE

1435 Margaretha Ave Albert Lea, MN 56007

Estimated Value: $139,000 - $168,000

3 Beds
2.5 Baths
1,684 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $145,500 $86 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $902/month

3 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Storage Room
  • Den
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Charming Move-In Ready Home Discover this beautifully maintained 3-bedroom, 3-bath residence, perfect for comfortable living. Each level features its own bathroom for ultimate convenience. The home boasts elegant hardwood flooring throughout and ample storage space to meet all your needs. Recent upgrades include a new roof installed in 2018 and new windows in 2023. Enjoy the privacy of a fully fenced-in yard and the added bonus of a park located directly across the street. This home is a must-see for anyone looking for style, comfort, and functionality.

Last Agent to Sell the Property

Bryan Ner

Partners Realty Inc. Listed on: 07/23/2024

Partners Realty Inc.

Last Buyer's Agent

Robert Hoffman

Robert Hoffman Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1954

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 56x125

Home Design

  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Den
  • Storage Room
  • Dryer
  • Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Academy Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340481560

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1134
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full
  • Appliances: Cooktop, Dryer, Microwave, Range, Refrigerator
  • Living Area: 1684
  • Below Grade Finished Sq Ft: 550
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Utility Room, Storage, Den

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: None
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 56x125
  • Lot Size Sq Ft: 7013.16
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 340481560
  • Tax Annual Amount: 1142
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Aug 27, 2024
Sold by
Moo Pweh and Pahpree Day
Bought by
Studier Griffin
Seller's Agent
Bryan Ner
Partners Realty Inc.
Buyer's Agent
Robert Hoffman
Robert Hoffman Realty Inc.
List Price
$145,000
Sold Price
$145,500
Premium/Discount to List
$500
0.34%
Views
21
Current Estimated Value
$153,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,563
Avg. Annual Appreciation
4.80%
Original Mortgage
$136,500
Outstanding Balance
$135,206
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$17,857

Purchase Details

Closed on
Aug 3, 2020
Sold by
Scott Clay A
Bought by
Moo Pweh Shee Wah and Day Pahpree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2018
Sold by
Spooner Jason and Spooner Jessica
Bought by
Scott Clay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2014
Sold by
Duane Duane and Spooner Kathryn
Bought by
Spooner Jason D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,102
Interest Rate
4.54%
Mortgage Type
Unknown

Purchase Details

Listed on
May 24, 2012
Closed on
Jun 22, 2012
Sold by
Jpmorgan Chase
Bought by
Spooner Duane and Spooner Kathryn
Seller's Agent
Bill Leland
Leland Realty, Inc.
Buyer's Agent
Bill Leland
Leland Realty, Inc.
List Price
$36,500
Sold Price
$33,000
Premium/Discount to List
-$3,500
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
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
Studier Griffin $145,500 --
Moo Pweh Shee Wah $94,000 None Available
Scott Clay A $60,000 None Available
Spooner Jason D -- Minnesota Abstract & Title
Spooner Duane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Studier Griffin $136,500
Previous Owner Moo Pweh Shee Wah $75,200
Previous Owner Scott Clay A $58,200
Previous Owner Spooner Jason D $55,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $145,500 +0.3% $86 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $145,000 +339.4% $86 / Sq Ft
06/25/2012 06/25/12 Sold $33,000 -9.6% $29 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $36,500 -- $32 / 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 $1,110 $133,700 $22,200 $111,500
2024 $1,142 $100,100 $8,900 $91,200
2023 $1,028 $96,100 $8,900 $87,200
2022 $888 $89,800 $8,900 $80,900
2021 $722 $72,600 $8,900 $63,700
2020 $672 $53,600 $8,900 $44,700
2019 $626 $51,000 $8,300 $42,700
2018 $592 $0 $0 $0
2016 $594 $0 $0 $0
2015 $578 $0 $0 $0
2014 $984 $0 $0 $0
2012 $744 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6569459

NorthstarMLS

APN: 34.048.1560