NOT LISTED FOR SALE

1609 Gateway Dr Albert Lea, MN 56007

Estimated Value: $275,000 - $292,113

4 Beds
2 Baths
2,056 Sq Ft
$137/Sq Ft Est. Value

About This Home

This home is located at 1609 Gateway Dr, Albert Lea, MN 56007 and is currently estimated at $282,028, approximately $137 per square foot. 1609 Gateway Dr 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
May 17, 2022
Sold by
Price Michael
Bought by
Bjornson Brady and Sovell Ashley
Current Estimated Value
$282,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,198
Outstanding Balance
$191,648
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$88,148

Purchase Details

Closed on
Oct 1, 2018
Sold by
Karan Trust
Bought by
Price Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Bjornson Brady $257,825 --
Price Michael A $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjornson Brady $202,198
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
2025 $3,274 $249,300 $24,400 $224,900
2024 $3,030 $230,900 $24,400 $206,500
2023 $2,740 $213,700 $24,400 $189,300
2022 $2,230 $196,100 $20,400 $175,700
2021 $2,196 $144,900 $20,400 $124,500
2020 $2,260 $145,700 $20,400 $125,300
2019 $2,008 $133,700 $18,300 $115,400
2018 $1,984 $0 $0 $0
2016 $1,876 $0 $0 $0
2015 $1,846 $0 $0 $0
2014 $1,784 $0 $0 $0
2012 $2,224 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

1609 Gateway Dr, Albert Lea, MN

This home is located at 1609 Gateway Dr, Albert Lea, MN 56007 and is currently estimated at $282,028, approximately $137 per square foot. 1609 Gateway Dr is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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