NOT LISTED FOR SALE

205 Lee Place Albert Lea, MN 56007

Estimated Value: $294,000 - $328,000

3 Beds
1.5 Baths
2,294 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $287,500 $125 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,959/month

19 Days on Market

Highlights

  • Family Room with Fireplace
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Welcome to your charming slice of small-town paradise. Nestled in a highly sought-after neighborhood, this traditional style home boasts the perfect blend of comfort and elegance. As you step through the front door, you're greeted by an inviting atmosphere that whispers "home". The heart of the house, a fully remodeled kitchen complete with modern appliances, sleek countertops, and ample storage space. Venture further, and you'll discover 3 cozy bedrooms, each offering a peaceful sanctuary for rest and relaxation. The primary bedroom is a true oasis, boasting a private deck where you can savor your morning coffee while basking in views of Fountain Lake. Outside, the enchantment continues with a large, flat yard that provides the ideal backdrop for outdoor gatherings, gardening endeavors, or lazy afternoons. With the lake just a stone's throw away, you'll have endless opportunities for recreational activities & leisurely strolls along the water's edge. Schedule a showing today!

Last Agent to Sell the Property

Dale Haukoos

Leland Realty Listed on: 06/06/2024

Last Buyer's Agent

Jenelle Nelson

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,326

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x140
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Utility Room Floor Drain
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • Shoreland Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341350500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,326

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1874
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • FoundationDimensions: 28x30
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented
  • Fireplace Features: Brick, Family Room, Gas, Living Room
  • Living Area: 2294
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 420
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Rubber
  • PoolFeatures: None
  • Fencing: Partial
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener
  • Garage Square Feet: 528

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Minnesota Energy Resources

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Washer/Dryer Hookup,Walk-Up Attic

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80x140
  • Lot Size Sq Ft: 11200
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 341350500
  • Tax Annual Amount: 3326
  • TaxWithAssessments: 3392.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 30, 2024
Sold by
Olson Corbyn and Olson Matthew
Bought by
Starkey Joel and Wood Becky
Seller's Agent
Dale Haukoos
Leland Realty
Buyer's Agent
Jenelle Nelson
Coldwell Banker Realty
List Price
$299,900
Sold Price
$287,500
Premium/Discount to List
-$12,400
-4.13%
Views
75
Current Estimated Value
$311,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,343
Avg. Annual Appreciation
7.19%
Original Mortgage
$242,500
Outstanding Balance
$239,798
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$72,045

Purchase Details

Closed on
Dec 31, 2020
Sold by
Leland William H and Leland Pamela J
Bought by
Olson Corbyn and Olson Matthew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

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
Starkey Joel $287,500 --
Olson Corbyn $240,000 None Available
Olson Corbyn $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starkey Joel $242,500
Previous Owner Olson Corbyn $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $287,500 -4.1% $125 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $299,900 -- $131 / 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 $3,674 $290,900 $24,500 $266,400
2024 $3,392 $255,000 $24,500 $230,500
2023 $3,508 $236,300 $24,500 $211,800
2022 $3,120 $243,800 $24,500 $219,300
2021 $3,212 $191,800 $24,500 $167,300
2020 $3,088 $189,100 $24,500 $164,600
2019 $2,900 $180,800 $22,800 $158,000
2018 $2,770 $0 $0 $0
2016 $2,270 $0 $0 $0
2015 $2,138 $0 $0 $0
2014 $1,992 $0 $0 $0
2012 $2,260 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6549161

NorthstarMLS

APN: 34.135.0500