NOT LISTED FOR SALE

1707 Gateway Dr Albert Lea, MN 56007

Estimated Value: $150,060 - $195,000

2 Beds
3 Baths
1,204 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $184,900 $154 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,066/month

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Living Room
  • The kitchen features windows
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of February 2023

Sold before print. Contingent on the seller finding a new home.

Last Listed By

Ann Huddock

eXp Realty Listed on: 11/04/2022

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1976

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 53 x 125

Parking

  • 1 Car Attached Garage

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Southwest Southgate Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340881011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$842

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1204
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Living Area: 1204
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 1204.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • One Quarter Bathrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 384

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Security System,Security Lights

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 53 x 125
  • Lot Size Sq Ft: 6708.24
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 340881011
  • Tax Annual Amount: 842
  • TaxWithAssessments: 896.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 30, 2023
Sold by
Petersen Linda
Bought by
Borst Gwendolyn
Seller's Agent
Ann Huddock
eXp Realty
Buyer's Agent
Emelie Paulson
Unique Realty
List Price
$184,900
Sold Price
$184,900
Total Days on Market
0
Current Estimated Value
$175,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,885
Avg. Annual Appreciation
-2.41%

Purchase Details

Listed on
Mar 15, 2016
Closed on
Oct 2, 2017
Sold by
Wakefield Frank Frank
Bought by
Petersen Linda Linda
Seller's Agent
Emelie Paulson
Unique Realty
List Price
$92,900
Sold Price
$73,000
Premium/Discount to List
-$19,900
-21.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.97%

Range of Values:

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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
Borst Gwendolyn $184,900 --
Petersen Linda Linda $73,000 --
Perersen Linda D $73,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petersen Linda D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $184,900 0.0% $154 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $184,900 +153.3% $154 / Sq Ft
09/29/2017 09/29/17 Sold $73,000 -21.4% $61 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
03/15/2016 03/15/16 For Sale $92,900 -- $77 / Sq Ft
Source: NorthstarMLS

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
2024 $1,156 $147,900 $12,000 $135,900
2023 $1,006 $97,000 $12,000 $85,000
2022 $896 $88,400 $12,000 $76,400
2021 $874 $73,400 $12,000 $61,400
2020 $808 $65,400 $12,000 $53,400
2019 $750 $61,900 $12,000 $49,900
2018 $680 $0 $0 $0
2016 $704 $0 $0 $0
2015 $692 $0 $0 $0
2014 $704 $0 $0 $0
2012 $1,134 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Similar Home in Albert Lea, MN

Source: NorthstarMLS

MLS Number: 6306203

NorthstarMLS

APN: 34.088.1011