NOT LISTED FOR SALE

1506 Southview Ln Albert Lea, MN 56007

Estimated Value: $231,000 - $286,000

3 Beds
2 Baths
2,518 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $75,000 $30 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $1,676/month

92 Days on Market

Highlights

  • Deck
  • Patio
  • 1-Story Property
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of May 2013

Rambler with lots of living space! Main floor LR & familyroom with fireplace and LL familyroom with fireplace! Covered deck and more.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,010

Year Built

  • 1968

Lot Details

  • 0.27

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 340830120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,010

Year Built

1968

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.27
  • Construction: Previously Owned
  • Parcel Number: 340830120
  • Rental License: Yes
  • Stories: 1 Story
  • Taxes With Assessments: 1890
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 4: On Level: Lower
  • Room 6: On Level: Lower
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1413
  • Below Grade Finished Sq Ft: 1105
  • Total Fin Square Footage: 2518
  • Total Square Footage: 2518

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: .27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Wazwaz Mutaz Mutaz
Bought by
Wilder Charles Charles
Total Days on Market
92
Current Estimated Value
$254,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.1%

Purchase Details

Closed on
Sep 13, 2013
Sold by
Vanderwaerdt Gregg
Bought by
Wazwaz Mutaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
4.57%

Purchase Details

Listed on
Jan 9, 2013
Closed on
May 7, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vanderwaerdt Gregg
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$65,000
Interest Rate
3.83%

Purchase Details

Closed on
Sep 24, 2012
Sold by
Wells Fargo Bank
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

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Range of Values:

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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
Wilder Charles Charles $215,000 --
Wilder Charles $215,000 None Available
Wazwaz Mutaz -- Minnesota Abstract & Title C
Wazwaz Mutaz Mutaz $144,000 --
Vanderwaerdt Gregg -- Land Title Inc
Federal Home Loan Mortgage Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilder Charles Charles --
Previous Owner Wazwaz Mutaz Mutaz $141,500
Previous Owner Vanderwaerdt Gregg D $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2013 05/07/13 Sold $75,000 -24.9% $30 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $99,900 -- $40 / 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
2024 $3,010 $212,500 $33,800 $178,700
2023 $3,002 $212,500 $33,800 $178,700
2022 $2,356 $196,800 $22,500 $174,300
2021 $2,202 $151,500 $22,500 $129,000
2020 $2,278 $146,600 $22,500 $124,100
2019 $2,024 $134,500 $20,300 $114,200
2018 $1,790 $0 $0 $0
2016 $1,744 $0 $0 $0
2015 $1,716 $0 $0 $0
2014 $1,666 $0 $0 $0
2012 $1,890 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4429760

REALTOR® Association of Southern Minnesota

APN: 34.083.0120