1604 W Richway Dr Albert Lea, MN 56007
Estimated Value: $122,000 - $192,000
3
Beds
1.5
Baths
2,612
Sq Ft
$65/Sq Ft
Est. Value
Highlights
- Deck
- Den
- 3 Car Attached Garage
- No HOA
- The kitchen features windows
- Living Room
About This Home
As of January 2024Large 3-bedroom home sits on over 4 acres with many mature trees. Home has vinyl siding, 3 decks and an attached 3 stall garage. 3 Large bedrooms are all located on the upper level. One bedroom has double closets and French doors that open to an office or den (currently being used as a nursery). Huge family room, also on the upper level, features a wood burning stove and many windows. Main floor has an informal dining room with patio doors that open to one of the decks. Formal dining room splits the kitchen from the large living room. Home has lots of potential! Septic is non-compliant. Cash or conventional financing only. Seller is motivated.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,716
Year Built
- Built in 1915
Lot Details
- 4.79 Acre Lot
- Lot Dimensions are 170x580x502x475
- Irregular Lot
Parking
- 3 Car Attached Garage
Interior Spaces
- 2,612 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room
- Den
- The kitchen features windows
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Private Water Source
- Well
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 081500020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2023
Closed on
Jan 31, 2024
Sold by
Ogren Micah and Ogren Marissa
Bought by
Plantage Brianne
Seller's Agent
Lisa Evans
Realty ONE Group Black Diamond
Buyer's Agent
Dan Clark
Century 21 Atwood
List Price
$169,900
Sold Price
$130,000
Premium/Discount to List
-$39,900
-23.48%
Total Days on Market
20
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,233
Avg. Annual Appreciation
23.05%
Original Mortgage
$123,500
Outstanding Balance
$121,914
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$48,319
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Similar Homes in Albert Lea, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Plantage Brianne | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Plantage Brianne | $123,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2024 01/31/24 | Sold | $130,000 | -10.3% | $50 / Sq Ft |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 12/22/2023 12/22/23 | Price Changed | $144,900 | -12.1% | $55 / Sq Ft |
| 12/20/2023 12/20/23 | Price Changed | $164,900 | -2.9% | $63 / Sq Ft |
| 12/12/2023 12/12/23 | For Sale | $169,900 | -- | $65 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,910 | $178,600 | $73,400 | $105,200 |
| 2023 | $1,780 | $168,100 | $73,400 | $94,700 |
| 2022 | $1,876 | $155,500 | $58,400 | $97,100 |
| 2021 | $1,640 | $138,800 | $50,600 | $88,200 |
| 2020 | $1,170 | $106,400 | $38,700 | $67,700 |
| 2019 | $1,134 | $106,400 | $38,700 | $67,700 |
| 2018 | $946 | $0 | $0 | $0 |
| 2016 | $1,008 | $0 | $0 | $0 |
| 2015 | $1,122 | $0 | $0 | $0 |
| 2014 | $1,154 | $0 | $0 | $0 |
| 2012 | $2,068 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Evans
Seller's Agent in 2024
Lisa Evans
Realty ONE Group Black Diamond
(507) 461-3790
190 Total Sales
-
Dan Clark
D
Buyer's Agent in 2024
Dan Clark
Century 21 Atwood
(507) 377-3174
7 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6467960
APN: 08.150.0020
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