NOT LISTED FOR SALE

201 E 7th St Albert Lea, MN 56007

Estimated Value: $88,000 - $135,000

2 Beds
2 Baths
850 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $63,900 $75 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $756/month

141 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

If you’re looking for the perfect starter home in Albert Lea this one could be for you! Centrally located off Broadway Ave this two bedroom, two bath rambler is waiting for some TLC! Solid bones and a great corner lot are some of the perks of this one. Outside you’ll find an oversized single garage, deck to entertain, and a newer roof. This home would also make a great investment property!

Last Agent to Sell the Property

Mike Delhanty

Dwell Realty Group LLC Listed on: 04/27/2023

Last Buyer's Agent

Ashley Ehmke

Dwell Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1940

Lot Details

  • 4,617 Sq Ft Lot
  • Lot Dimensions are 45x71

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Theo Nelsons Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340400150

Home Details

Home Type

Single Family

Est. Annual Taxes

$660

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 805
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 850
  • Fireplace: No
  • Below Grade Finished Sq Ft: 45
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 320

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 45x71
  • Lot Size Sq Ft: 4617.36
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340400150
  • Tax Annual Amount: 660
  • TaxWithAssessments: 660.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Oct 25, 2023
Sold by
Petersen Joyce
Bought by
Ingvaldson Michael
Seller's Agent
Mike Delhanty
Dwell Realty Group LLC
Buyer's Agent
Ashley Ehmke
Dwell Realty Group LLC
List Price
$88,000
Sold Price
$63,900
Premium/Discount to List
-$24,100
-27.39%
Views
563
Current Estimated Value
$108,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,193
Avg. Annual Appreciation
26.93%
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 Buyer Sale Price Title Company
Ingvaldson Michael $63,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $63,900 -22.3% $75 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
08/06/2023 08/06/23 Price Changed $82,250 -6.5% $97 / Sq Ft
07/17/2023 07/17/23 For Sale $88,000 0.0% $104 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $88,000 0.0% $104 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $88,000 -- $104 / 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 $2,214 $109,300 $16,200 $93,100
2024 $664 $68,400 $11,500 $56,900
2023 $664 $60,300 $11,500 $48,800
2022 $674 $61,300 $11,500 $49,800
2021 $628 $54,000 $11,500 $42,500
2020 $588 $46,300 $8,100 $38,200
2019 $496 $39,900 $6,900 $33,000
2018 $486 $0 $0 $0
2016 $440 $0 $0 $0
2015 $436 $0 $0 $0
2014 $440 $0 $0 $0
2012 $522 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Delhanty

    Seller's Agent in 2023

    Mike Delhanty

    Dwell Realty Group LLC

    (507) 440-9268

    13 in this area

    319 Total Sales

    Mike Delhanty
    Section Image

  • A

    Buyer's Agent in 2023

    Ashley Ehmke

    Dwell Realty Group LLC

    (507) 800-3012

    1 in this area

    16 Total Sales

    Ashley Ehmke
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6360740

NorthstarMLS

APN: 34.040.0150

Minnesota Freeborn County Albert Lea 56007

201 E 7th St, Albert Lea, MN

This home is located at 201 E 7th St, Albert Lea, MN 56007 since 27 April 2023 and is currently estimated at $108,093, approximately $127 per square foot. This property was built in 1940. 201 E 7th St is a home located in Freeborn County with nearby schools including Halverson Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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