NOT LISTED FOR SALE

1503 Elm St Albert Lea, MN 56007

Estimated Value: $230,000 - $252,000

4 Beds
2 Baths
1,601 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $195,000 $122 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,606/month

137 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • Living Room

About This Home

As of June 2023

Nice four bedroom home with attached double garage, backyard patio with gazebo, updated siding & windows and recently annexed into the city with new municipal water & sewer utility services. Schedule your appointment today to tour this ranch home located in the outlining area of Albert Lea.

Last Listed By

Craig Houim

Century 21 Atwood Listed on: 12/16/2022

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1961

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 145 x 140
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 344610110

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,721

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 1260
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 50 x 31
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Partially Finished, Sump Pump
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Water Softener Owned
  • Living Area: 1601
  • Below Grade Finished Sq Ft: 341
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Other Room, Family Room, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Partial, Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio
  • Soil Type: Clay

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 504

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Fuses, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio

Schools

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

Lot Info

  • Topography: Level
  • PropertyAttachedYN: No
  • Lot Size: 145 x 140
  • Lot Size Sq Ft: 18295.2
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 344610110
  • Tax Annual Amount: 1721
  • TaxWithAssessments: 2880.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jun 1, 2023
Sold by
Anderson Raymond
Bought by
Midwest Ag Properties Llc
Seller's Agent
Craig Houim
Century 21 Atwood
Buyer's Agent
Shannon Bordeaux
Realty ONE Group Black Diamond
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%
Total Days on Market
137
Views
777
Current Estimated Value
$236,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,439
Avg. Annual Appreciation
10.28%

Range of Values:

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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
Midwest Ag Properties Llc $195,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $195,000 -9.3% $122 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $214,900 -2.3% $134 / Sq Ft
12/16/2022 12/16/22 For Sale $219,900 -- $137 / 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
2024 $3,544 $201,300 $23,400 $177,900
2023 $3,530 $178,800 $23,400 $155,400
2022 $2,880 $177,500 $13,700 $163,800
2021 $2,950 $120,900 $13,700 $107,200
2020 $3,032 $124,700 $13,700 $111,000
2019 $1,838 $124,700 $13,700 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6317152

NorthstarMLS

APN: 34.461.0110