NOT LISTED FOR SALE

1507 Elm St Albert Lea, MN 56007

Estimated Value: $152,451 - $176,000

3 Beds
1 Bath
1,032 Sq Ft
$157/Sq Ft Est. Value

About This Home

This home is located at 1507 Elm St, Albert Lea, MN 56007 and is currently estimated at $161,613, approximately $156 per square foot. 1507 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
Nov 27, 2017
Sold by
Larson Randy J
Bought by
Veldman Michael H
Current Estimated Value
$161,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,001
Outstanding Balance
$72,395
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$89,218

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
Veldman Michael H $87,630 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veldman Michael H $85,001
Previous Owner Larson Randy J $79,407
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 $2,884 $134,000 $14,400 $119,600
2023 $2,942 $123,600 $14,400 $109,200
2022 $2,492 $126,600 $8,200 $118,400
2021 $2,520 $88,100 $8,200 $79,900
2020 $2,362 $89,600 $8,200 $81,400
2019 $1,170 $89,600 $8,200 $81,400
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

1507 Elm St, Albert Lea, MN

Homes for Sale in Albert Lea, MN

This home is located at 1507 Elm St, Albert Lea, MN 56007 and is currently estimated at $161,613, approximately $156 per square foot. 1507 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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