NOT LISTED FOR SALE

1702 Bay Oaks Dr Albert Lea, MN 56007

Estimated Value: $266,000 - $574,000

3 Beds
3.5 Baths
3,558 Sq Ft
8,712 Sq Ft Lot

Last Sold October 31, 2012

Last sale price $325,000 $91 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,122/month

20 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Vaulted Ceiling
  • Beach Access
  • Deck
  • Wood Flooring

About This Home

As of October 2012

Beautiful town home with view of Edgewater Bay on Fountain Lake. Desirable floor plan, professionally decorated interior. Quality construction with cedar exterior finish.

Last Agent to Sell the Property

Craig Hoium

Ron Holtan Real Estate Listed on: 07/10/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,792

Year Built

  • 1982

Lot Details

  • Lake Front
  • Landscaped
  • Sprinkler System
  • Few Trees
  • Zero Lot Line

Home Design

  • Frame Construction
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

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

Community Details

  • Association fees include exterior maintenance, landscaping, parking, shared amenities, snow removal, lawn care

Listing and Financial Details

  • Assessor Parcel Number 341600050

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,792

Year Built

1982

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Driveway - Shared, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.2
  • Assessment Balance: 14.5
  • Assessments: Yes
  • Beach Type: Rocky, Soft
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 341600050
  • Stories: 2 Story
  • Taxes With Assessments: 5284
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen, Formal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Full Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Bedroom, 14x12, On Level: Upper
  • Room 2: Bedroom, 19x13, On Level: Upper
  • Room 4: Den/Office, 11x5, On Level: Upper
  • Room 5: Dining Room, 13x11, On Level: Main
  • Room 6: Family Room, 20x31, On Level: Lower
  • Room 9: Kitchen, 13x17.5, On Level: Main
  • Room 10: Loft, 10x16, On Level: Upper
  • Room 11: Laundry Room, 9.5x7, On Level: Main
  • Room 12: Living Room, 20x18.5, On Level: Main
  • Room 13: Master Bedroom, 14x16, On Level: Main
  • Room 17: Storage Room, 19x31, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2566
  • Below Grade Finished Sq Ft: 992
  • Total Fin Square Footage: 3558
  • Total Square Footage: 3558

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Lake Class: Recreation Dvelopmnt
  • Waterfront Name: Fountain
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Wood
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Landscaping, Parking, Shared Amenities, Snow Removal, Lawn Care

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 40x
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Light, Zero Lot Line

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2012
Closed on
Oct 31, 2012
Sold by
Bothum Donna J and Dahl Todd K
Bought by
Arends Alan B and Arends Patricia L
Seller's Agent
Craig Hoium
Ron Holtan Real Estate
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$466,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,514
Avg. Annual Appreciation
3.70%
Original Mortgage
$227,500
Interest Rate
3.28%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 28, 2011
Sold by
Bothum Donna J
Bought by
Bothum Donna J and Dahl Todd K
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
Arends Alan B -- --
Bothum Donna J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $325,000 -7.1% $91 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $349,900 -- $98 / 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 $7,792 $519,400 $60,500 $458,900
2024 $6,670 $503,200 $60,500 $442,700
2023 $6,284 $442,600 $60,500 $382,100
2022 $6,438 $410,500 $60,500 $350,000
2021 $6,104 $366,900 $60,500 $306,400
2020 $6,150 $349,700 $60,500 $289,200
2019 $6,182 $353,700 $60,500 $293,200
2018 $6,062 $0 $0 $0
2016 $5,654 $0 $0 $0
2015 $5,526 $0 $0 $0
2014 $4,964 $0 $0 $0
2012 $5,284 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Craig Hoium

    Ron Holtan Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4345113

REALTOR® Association of Southern Minnesota

APN: 34.160.0050

Minnesota Freeborn County Albert Lea 56007

1702 Bay Oaks Dr, Albert Lea, MN

This home is located at 1702 Bay Oaks Dr, Albert Lea, MN 56007 since 10 July 2012 and is currently estimated at $466,514, approximately $131 per square foot. This property was built in 1982. 1702 Bay Oaks Dr 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.

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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