$236,750
SOLD OCT 25, 2024

1818 Michael Place Unit 1 Albert Lea, MN 56007

2 Beds
2 Baths
1,514 Sq Ft
6,578 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • Den
  • Patio
  • 1-Story Property
  • 2 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

One level living at it's finest in a great Northside neighborhood on a cul-de-sac. It's a short distance to a public golf course, the walking trail, community garden spot and the boat landing. Now is the time, check this one out.

Last Agent to Sell the Property

Jay Waltman

Unique Realty Listed on: 08/23/2024

Unique Realty

Last Buyer's Agent

Abigail Thiemann

Coldwell Banker River Valley,

Coldwell Banker River Valley,

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,570

Year Built

  • Built in 1992

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 52x44

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Property Attached

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den
  • Utility Room
  • Washer and Dryer Hookup
  • Utility Room Floor Drain

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care
  • Richard Larson Association, Phone Number (763) 280-2630

Listing and Financial Details

  • Assessor Parcel Number 343090010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,570

Year Built

Built in 1992

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs External, No Stairs Internal, Partially Wheelchair
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 1514
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1514
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 1514
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den, Utility Room

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Finished Garage, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 550

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care
  • Phone: 763-280-2630
  • Association Fee: 450
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Richard Larson

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 52x44
  • Lot Size Sq Ft: 6577.56
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 343090010
  • Tax Annual Amount: 2570
  • TaxWithAssessments: 2636.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 25, 2024
Sold by
Ferrier Brenda
Bought by
Vaughan Cheryl and Vaughan Robert
Seller's Agent
Jay Waltman
Unique Realty
Buyer's Agent
Abigail Thiemann
Coldwell Banker River Valley,
List Price
$244,900
Sold Price
$236,750
Premium/Discount to List
-$8,150
-3.33%
Views
17
Current Estimated Value
$250,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,217
Avg. Annual Appreciation
4.69%
Original Mortgage
$185,273
Outstanding Balance
$183,827
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$63,006
Source: Public Records

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 Type Sale Price Title Company
Deed $236,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,273 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $236,750 -3.3% $156 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $244,900 -- $162 / 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 $2,654 $219,500 $16,500 $203,000
2024 $2,636 $193,400 $16,500 $176,900
2023 $2,556 $189,200 $16,500 $172,700
2022 $2,416 $184,700 $16,500 $168,200
2021 $2,258 $154,700 $16,500 $138,200
2020 $2,314 $148,500 $16,500 $132,000
2019 $2,042 $135,500 $16,500 $119,000
2018 $1,960 $0 $0 $0
2016 $1,892 $0 $0 $0
2015 $1,834 $0 $0 $0
2014 $2,050 $0 $0 $0
2012 $2,446 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6590958

NorthstarMLS

APN: 34.309.0010