NOT LISTED FOR SALE

1506 Elm St Albert Lea, MN 56007

Estimated Value: $243,000 - $285,652

5 Beds
3 Baths
2,584 Sq Ft
$102/Sq Ft Est. Value

About This Home

This home is located at 1506 Elm St, Albert Lea, MN 56007 and is currently estimated at $263,413, approximately $101 per square foot. 1506 Elm St is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Huston Jessica
Bought by
Lawrence Omolola and Odey Lawrence
Current Estimated Value
$263,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Outstanding Balance
$228,428
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$34,985

Purchase Details

Closed on
Aug 6, 2019
Sold by
Lynne Mariah
Bought by
Huston Jessica
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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Quantarium

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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
Lawrence Omolola $245,000 --
Huston Jessica $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Omolola $243,000
Source: Public Records

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 $3,172 $241,700 $18,600 $223,100
2024 $2,926 $224,600 $18,600 $206,000
2023 $2,866 $207,300 $18,600 $188,700
2022 $3,750 $204,000 $11,100 $192,900
2021 $3,796 $140,900 $11,100 $129,800
2020 $3,388 $143,300 $11,100 $132,200
2019 $2,560 $143,300 $11,100 $132,200
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

1506 Elm St, Albert Lea, MN

Not Listed for Sale

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