NOT LISTED FOR SALE

205 E 7th St Albert Lea, MN 56007

Estimated Value: $115,227 - $133,000

2 Beds
2 Baths
1,550 Sq Ft
$79/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $107,000 $69 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $754/month

11 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property

About This Home

As of July 2021

Freshly renovated charming move in ready 2+ bedroom ranch style home. Semi finished basement with family room, potential of 3rd Bedroom or office. Roomy bathroom. Fridge-stove-dryer included. New garage door will be installed once delivered prior or after closing.

Last Listed By

Stella Ruvalcaba

Keller Williams Premier Realty Listed on: 06/01/2021

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 57x132

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Washer

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340362540

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Year Built

Built in 1949

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: 1949
  • Above Grade Finished Sq Ft: 875
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Concrete, Sump Pump, Walkout
  • Appliances: Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 1550
  • Fireplace: No
  • Below Grade Finished Sq Ft: 675
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 1750.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Covered, Detached, Concrete
  • Garage Square Feet: 308

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 57x132
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 340362540
  • Tax Annual Amount: 1235
  • TaxWithAssessments: 1724.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 19, 2021
Sold by
Torres Gloria G and Castllo Javier Anaya
Bought by
Soe Eh Gay
Seller's Agent
Stella Ruvalcaba
Keller Williams Premier Realty
Buyer's Agent
Heather Allen
Leland Realty
List Price
$105,000
Sold Price
$107,000
Premium/Discount to List
$2,000
1.9%
Total Days on Market
11
Current Estimated Value
$122,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,307
Avg. Annual Appreciation
2.70%
Original Mortgage
$103,550
Outstanding Balance
$96,003
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$22,447

Range of Values:

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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
Soe Eh Gay $107,000 None Available
Soe Eh Eh $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soe Eh Gay $103,550
Closed Soe Eh Eh $103,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $107,000 +1.9% $69 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $105,000 -- $68 / 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 $910 $93,000 $14,400 $78,600
2023 $918 $81,700 $14,400 $67,300
2022 $932 $82,900 $14,400 $68,500
2021 $1,724 $76,400 $14,400 $62,000
2020 $1,662 $65,600 $10,100 $55,500
2019 $1,496 $56,600 $8,600 $48,000
2018 $1,486 $0 $0 $0
2016 $840 $0 $0 $0
2015 $810 $0 $0 $0
2014 $824 $0 $0 $0
2012 $710 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5767485

NorthstarMLS

APN: 34.036.2540