$665,000
SOLD MAY 12, 2025

201 South Ln Albert Lea, MN 56007

5 Beds
3.5 Baths
3,757 Sq Ft
0.4 Acres

Recently Sold

$177 Per Sq Ft

2% Below List Price

73 Days on Market

Highlights

  • Lake View
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Fireplace in Primary Bedroom
  • No HOA
  • Patio

About This Home

As of May 2025

Welcome to your dream home! This exquisite five bedroom, four bathroom residence offers unparalleled lake views that will leave you in awe. Nestled in a serene and picturesque neighborhood, this home combines modern elegance with natural beauty. A fully renovated kitchen is a chef's dream, equipped with "smart" appliances. Multiple main floor dining options and living/family room areas, great for entertaining. The home also features a fully renovated primary suite on the main floor, featuring a gas fireplace, private bath and laundry and a second primary on the upper level. Three additional updated bedrooms and bathrooms. Step outside to an absolute oasis. The large yard space is perfect for enjoying all of the seasons and views of everything the lake has to offer. Ample list of updates to interior and exterior in the last few years available. The 3D tour will walk you through all this property has to offer. After viewing the tour, please call to book your private showing!

Last Agent to Sell the Property

Heather Allen

Leland Realty Listed on: 01/31/2025

Co-Listed By

Matt Johnson

Leland Realty

Last Buyer's Agent

Heather Allen

Leland Realty Listed on: 01/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1926

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 181x97

Parking

  • 3 Car Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Storage Room
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Shoreland Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341350370

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,022

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Ductless Mini-Split
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 3213
  • Water Body Name: Fountain
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Cooktop, Dishwasher, Dryer, Wall Oven, Washer
  • Fireplace Features: Family Room, Gas, Primary Bedroom
  • Living Area: 3757
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 544
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Family Room, Bedroom 1, Primary Bathroom, Bathroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Workshop, Storage

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • PatioPorchType: Patio
  • Lake Acres: 521
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 816

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 181x97
  • Lot Size Sq Ft: 17467.56
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 341350370
  • Tax Annual Amount: 7022
  • TaxWithAssessments: 7022.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
May 7, 2025
Sold by
Wagner Ronald and Wagner Angela
Bought by
Zernhelt Francis and Zernhelt Jane
Seller's Agent
Heather Allen
Leland Realty
Buyer's Agent
Heather Allen
Leland Realty
List Price
$680,000
Sold Price
$665,000
Premium/Discount to List
-$15,000
-2.21%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%

Purchase Details

Listed on
Apr 12, 2022
Closed on
Nov 17, 2022
Sold by
The Leonard E Shelhamer And Joan-Anne C
Bought by
Wagner Angela and Wagner Ronald
Seller's Agent
Craig Houim
Century 21 Atwood
Buyer's Agent
Heather Allen
Leland Realty
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$484,500
Interest Rate
6.94%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $665,000 --
Deed $510,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $484,500 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $665,000 -2.2% $177 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $680,000 +33.3% $181 / Sq Ft
11/21/2022 11/21/22 Sold $510,000 -7.3% $184 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $549,900 -- $199 / 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 $7,022 $466,100 $78,700 $387,400
2023 $6,590 $466,100 $78,700 $387,400
2022 $6,464 $429,200 $78,700 $350,500
2021 $6,546 $368,300 $78,700 $289,600
2020 $6,126 $348,400 $78,700 $269,700
2019 $6,080 $348,400 $78,700 $269,700
2018 $5,618 $0 $0 $0
2016 $4,674 $0 $0 $0
2015 $4,550 $0 $0 $0
2014 $4,494 $0 $0 $0
2012 $5,414 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6654985

NorthstarMLS

APN: 34.135.0370