NOT LISTED FOR SALE

1507 Academy Ave Albert Lea, MN 56007

Estimated Value: $156,000 - $179,000

3 Beds
2 Baths
1,409 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 04, 2012

Last sale price $39,000 $28 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $1,059/month

14 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Landscaped
  • Ceiling Fan

About This Home

As of January 2012

Great home, great location with a great price! 3 bdr, 2 full baths, main floor family room, double garage with part of the back yard fenced in. Very close to grade school. Needs just a little TLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,586

Year Built

  • 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x129
  • Partially Fenced Property
  • Landscaped
  • Few Trees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,409 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 340730040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,586

Year Built

1958

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Partial
  • Estimated Number of Acres: 0.2
  • Construction: Previously Owned
  • Foreclosure: Undisclosed
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 340730040
  • Remodeled Addition: Yes
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1070
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Second Floor
  • Room 6: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1409
  • Total Fin Square Footage: 1409
  • Total Square Footage: 2293

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • 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: 66x129
  • Lot/Land Description: Landscaped, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2020
Sold by
Pickeral Lake Properties Llc
Bought by
Pagel Dalton J and Pagel Katie A
Current Estimated Value
$166,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,909
Outstanding Balance
$90,313
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$76,096

Purchase Details

Listed on
Dec 9, 2011
Closed on
Dec 28, 2011
Sold by
Us Bank
Bought by
Pestorious David and Pestorious Ann
List Price
$39,900
Sold Price
$39,000
Premium/Discount to List
-$900
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Source: Public Records

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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
Pagel Dalton J $99,900 None Available
Pestorious David -- West Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagel Dalton J $100,909
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2012 01/04/12 Sold $39,000 -2.3% $28 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
12/09/2011 12/09/11 For Sale $39,900 -- $28 / 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 $1,586 $130,400 $10,000 $120,400
2023 $1,438 $123,800 $10,600 $113,200
2022 $1,206 $115,200 $10,600 $104,600
2021 $1,144 $90,800 $10,600 $80,200
2020 $1,504 $82,000 $10,600 $71,400
2019 $1,412 $78,100 $9,900 $68,200
2018 $1,330 $0 $0 $0
2016 $1,264 $0 $0 $0
2015 $1,224 $0 $0 $0
2014 $1,346 $0 $0 $0
2012 $1,062 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4180364

REALTOR® Association of Southern Minnesota

APN: 34.073.0040

Minnesota Freeborn County Albert Lea 56007

1507 Academy Ave, Albert Lea, MN

This home is located at 1507 Academy Ave, Albert Lea, MN 56007 since 09 December 2011 and is currently estimated at $166,409, approximately $118 per square foot. This property was built in 1958. 1507 Academy Ave is a home located in Freeborn County with nearby schools including Halverson Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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