NOT LISTED FOR SALE

18019 Pelican Rd Albert Lea, MN 56007

Estimated Value: $670,000 - $725,355

5 Beds
3.5 Baths
4,172 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 05, 2024

Last sale price $670,000 $161 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,132/month

10 Days on Market

Highlights

  • 370 Feet of Waterfront
  • Second Kitchen
  • No HOA
  • Guest House
  • Family Room with Fireplace
  • Home Office

About This Home

As of November 2024

A dream come true at an affordable value. Approximately 370 feet of lake front living on Albert Lea Lake just across the bay from Helmer Myre State Park. Four or Five bedroom ranch home has been recently renovated with all new kitchen, dining and living room, stainless appliances, beverage center, two fireplaces. You will appreciate the large deck for grilling out and enjoying those awesome over the lake sunsets. A must see property to appreciate the quality and size of this home. Located in a serene lakeside setting yet just a short drive from city amenities. Whether your seeking a year-round residence or a tranquil vacation retreat, this is an opportunity not to be missed. Schedule your private tour today and discover the epitome of lakeside luxury living.

Last Agent to Sell the Property

Amy Leach

LandProz Real Estate, LLC Listed on: 09/03/2024

Co-Listed By

Rick Mummert

Century 21 Atwood

Last Buyer's Agent

Deborah Stratton

Re/Max Results

Re/Max Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1999

Lot Details

  • 3.05 Acre Lot
  • Lot Dimensions are 337 x 410
  • 370 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Cedar

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Storage Room

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Propane
  • Private Water Source
  • Well
  • Water Softener is Owned
  • Septic System

Additional Features

  • Air Exchanger
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070400010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,498

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private, Well
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 2392
  • Water Body Name: Albert Lea
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Partially Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 4172
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1780
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Laundry, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Guest Room, Kitchen- 2nd, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Fencing: None
  • Other Structures: Chicken Coop/Barn, Storage Shed
  • PatioPorchType: Deck,Patio
  • Lake Bottom: Gravel
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 370

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Holding Tank, Private Sewer, Septic System Compliant - No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Panoramic View,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 337 x 410
  • Lot Size Sq Ft: 132858
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 070400010
  • Tax Annual Amount: 5498
  • TaxWithAssessments: 5562.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Nov 5, 2024
Sold by
Cory A Boyce Trust Dated September 21 2
Bought by
Kermes Tony and Kermes Johnna
Seller's Agent
Amy Leach
LandProz Real Estate, LLC
Buyer's Agent
Deborah Stratton
Re/Max Results
List Price
$680,000
Sold Price
$670,000
Premium/Discount to List
-$10,000
-1.47%
Views
14
Current Estimated Value
$705,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,452
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Jul 1, 2010
Sold by
Corey A Corey A and Gordon Kelly S
Bought by
Boyce Cory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
4.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kermes Tony $670,000 --
Boyce Cory A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyce Cory A $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $670,000 -1.5% $161 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $680,000 -- $163 / 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
2025 $5,046 $626,500 $79,000 $547,500
2024 $4,906 $506,300 $79,000 $427,300
2023 $4,970 $483,500 $79,000 $404,500
2022 $5,604 $474,200 $59,000 $415,200
2021 $5,496 $436,500 $57,700 $378,800
2020 $5,272 $403,900 $33,300 $370,600
2019 $4,968 $403,900 $33,300 $370,600
2018 $5,014 $0 $0 $0
2016 $4,518 $0 $0 $0
2015 $4,334 $0 $0 $0
2014 $4,476 $0 $0 $0
2012 $4,816 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6590077

NorthstarMLS

APN: 07.040.0010