NOT LISTED FOR SALE

1602 Garfield Ave Albert Lea, MN 56007

Estimated Value: $292,436 - $349,000

4 Beds
3 Baths
2,496 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $135,000 $54 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,011/month

Highlights

  • Deck
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • 1-minute walk to Eastgate Park

About This Home

As of April 2013

Spacious 4 bedroom 3 bath with large 2 car attached garage on a great North side lot in a nice neighborhood. Built in 1995, this home offers central air, large deck and backs up to wooded area. New furnace in Oct 2012.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • 1995

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 84x131x102x120
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Central Vacuum
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 342510410

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

1995

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.28
  • Mechanicals: Central Vacuum, Water Softener-Owned, Sump Pump
  • Parcel Number: 342510410
  • Taxes With Assessments: 2457
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 2: Bedroom, 12.2x10, On Level: Upper
  • Room 3: Bedroom, 11x10, On Level: Upper
  • Room 5: Dining Room, 11.6x9.2, On Level: Upper
  • Room 6: Family Room, 11.3x23.10, On Level: Lower
  • Room 9: Kitchen, 10.9x11.6, On Level: Upper
  • Room 12: Living Room, 16x13, On Level: Upper
  • Room 13: Master Bedroom, 13x12.3, On Level: Upper
  • Room 19: Utility Room, 19.8x12.4, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Sump Pump
  • Basement Material: Wood
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1248
  • Below Grade Finished Sq Ft: 1248
  • Total Fin Square Footage: 2496
  • Total Square Footage: 2496

Exterior Features

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

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: 84x131x102x120
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2011
Closed on
Apr 16, 2013
Sold by
Beckner Tammy S
Bought by
Olson Alan H and Olson Jody M
List Price
$139,100
Sold Price
$135,000
Premium/Discount to List
-$4,100
-2.95%
Current Estimated Value
$316,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,859
Avg. Annual Appreciation
5.69%
Original Mortgage
$132,554
Outstanding Balance
$94,375
Interest Rate
3.51%
Estimated Equity
$174,528
Source: Public Records

Range of Values:

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Average Value
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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
Olson Alan H -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Alan H $132,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $135,000 -2.9% $54 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
10/31/2011 10/31/11 For Sale $139,100 -- $56 / 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
2025 $4,050 $283,900 $25,200 $258,700
2024 $3,890 $267,100 $25,200 $241,900
2023 $3,800 $256,000 $25,200 $230,800
2022 $3,522 $250,300 $25,200 $225,100
2021 $3,562 $202,800 $25,200 $177,600
2020 $3,392 $194,300 $20,500 $173,800
2019 $3,070 $178,500 $20,500 $158,000
2018 $2,822 $0 $0 $0
2016 $2,418 $0 $0 $0
2015 $2,370 $0 $0 $0
2014 $2,486 $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4179013

REALTOR® Association of Southern Minnesota

APN: 34.251.0410

Minnesota Freeborn County Albert Lea 56007

1602 Garfield Ave, Albert Lea, MN

This home is located at 1602 Garfield Ave, Albert Lea, MN 56007 since 31 October 2011 and is currently estimated at $316,859, approximately $126 per square foot. This property was built in 1995. 1602 Garfield Ave is a home located in Freeborn County with nearby schools including Hawthorne 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.

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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