NOT LISTED FOR SALE

1506 Elm St Albert Lea, MN 56007

Estimated Value: $242,000 - $320,000

5 Beds
3 Baths
2,584 Sq Ft
$105/Sq Ft Est. Value

About This Home

This home is located at 1506 Elm St, Albert Lea, MN 56007 and is currently estimated at $272,247, approximately $105 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
$272,247

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
$230,362
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$41,885

Purchase Details

Closed on
Aug 6, 2019
Sold by
Lynne Mariah
Bought by
Huston Jessica

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.

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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

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.

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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.

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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
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

Homes for Sale in Albert Lea, MN

This home is located at 1506 Elm St, Albert Lea, MN 56007 and is currently estimated at $272,247, approximately $105 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.

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.

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