NOT LISTED FOR SALE

1706 Bay Oaks Dr Albert Lea, MN 56007

Estimated Value: $310,000 - $727,000

3 Beds
2.5 Baths
4,583 Sq Ft
$165/mo HOA Fee

Last Sold February 02, 2015

Last sale price $277,500 $61 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,558/month

65 Days on Market

Highlights

  • 42 Feet of Waterfront
  • Deck
  • Whirlpool Bathtub
  • Docks
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of February 2015

Enjoy lake views all year round in this beautiful 3 bedroom 3 bath Fountain Lake condominium. Two gorgeous brick fireplaces to enjoy a fire on those cool fall evenings. Loft space makes great office or study area. Ample storage throughout. Newly finished cedar siding exterior. Desirable end unit.

Last Agent to Sell the Property

Rick Mummert

Ron Holtan Real Estate Listed on: 09/10/2014

Last Buyer's Agent

David Springborg

Coldwell Banker Home Connection-AL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,188

Year Built

  • 1982

Lot Details

  • 8,712

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio

Additional Features

  • 42 Feet of Waterfront
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include snow removal, lawn care

Listing and Financial Details

  • Assessor Parcel Number 341600070

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,188

Year Built

1982

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Kitchen Center Island, Natural Woodwork, Skylight, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Wet Bar
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.2
  • Beach Type: Soft
  • Parcel Number: 341600070
  • Room 18: Sunroom/Solarium, 16x13, On Level: Main
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 4162
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Private Master, Whirlpool
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 2: Bedroom, 16x10, On Level: Lower
  • Room 3: Bedroom, 14x11, On Level: Lower
  • Room 5: Dining Room, 12x10, On Level: Main
  • Room 6: Family Room, 31x14, On Level: Lower
  • Room 9: Kitchen, 14x12, On Level: Main
  • Room 10: Loft, 24x15, On Level: Upper
  • Room 11: Laundry Room, 7x5, On Level: Main
  • Room 12: Living Room, 32x14, On Level: Main
  • Room 13: Master Bedroom, 15x12, On Level: Main
  • Room 16: Rec Room, 12x11, On Level: Lower
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3433
  • Below Grade Finished Sq Ft: 1150
  • Total Fin Square Footage: 4583
  • Total Square Footage: 3495

Exterior Features

  • Frontage Road: City
  • Lake Class: Gen Development
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Waterfront: Yes
  • Water Frontage: 42

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: Snow Removal, Lawn Care
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 1977.93

Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2019
Sold by
Easton Robert D and Easton Hane M
Bought by
Yochum Michael and Nelson Sherrie
Current Estimated Value
$527,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Outstanding Balance
$264,974
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$208,876
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
Yochum Michael $399,900 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $277,500 -13.0% $61 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $319,000 -- $70 / 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 $7,188 $496,800 $60,800 $436,000
2024 $6,364 $467,100 $60,800 $406,300
2023 $5,668 $422,000 $60,800 $361,200
2022 $6,016 $372,000 $60,800 $311,200
2021 $5,704 $344,700 $60,800 $283,900
2020 $4,802 $279,000 $60,800 $218,200
2019 $4,774 $260,000 $60,800 $199,200
2018 $4,332 $0 $0 $0
2016 $4,346 $0 $0 $0
2015 $4,248 $0 $0 $0
2014 $4,162 $0 $0 $0
2012 $4,390 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4673583

REALTOR® Association of Southern Minnesota

APN: 34.160.0070