NOT LISTED FOR SALE

2136 W Richway Dr Albert Lea, MN 56007

Estimated Value: $554,000 - $1,277,000

4 Beds
5 Baths
8,988 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $818,500 $91 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,436/month

364 Days on Market

Highlights

  • In Ground Pool
  • Heated Floors
  • 3 Fireplaces
  • Sauna
  • Deck
  • Porch

About This Home

As of May 2018

Relax and enjoy serene privacy in this custom built exceptional home. With unobstructed views of Fountain Lake and situated on almost 12 acres, you truly know you have arrived someplace special! Casual elegance describes the bright and open floor plan with 7700+ sq ft of living space designed to effortlessly entertain in style. Be WOWED with all the amenities! See supplement.

Last Listed By

Wendy Byers

Edina Realty, Inc. Listed on: 02/15/2017

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,874

Year Built

  • Built in 2003

Lot Details

  • 11.96 Acre Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Panel Doors
  • Sauna
  • Home Gym
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Eco-Friendly Details

  • Air Exchanger

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Shared Waterfront
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 130320051

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,874

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Cement Board
  • Garage Spaces: 4.00
  • Fireplaces: 3
  • Water Source: Well
  • Fuel Type: Natural Gas
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 4494.00
  • Above Grade Finished Area Search: 4494.00
  • Above Grade Finished Sq Ft: 4494.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 3282.00
  • Below Grade Total Sq Ft: 4494.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 6184
  • Floor Plan Type: 3 BR on One Level, Main Floor Laundry
  • Garage Area: 1400.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 14
  • List A O R Key Numeric: 6184
  • Listing Organization: Iowa
  • Living Area Finished: 7776.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 4494.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 130320051
  • Rental License: No
  • Stories Type: One
  • Water Body Name: Fountain
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Finished (Livable), Full, Poured Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Freezer, Furnace Humidifier, Iron Filter, Microwave, Refrigerator, Wall Oven, Washer, Water Filtration System, Water Softener - Owned
  • Fireplace Features: Gas Burning
  • Dining Room Features: Eat In Kitchen, Other, Separate/Formal Dining Room
  • Bathroom Type: 3/4 Basement, Full Basement, Full Master, Main Floor 1/2 Bath, Private Master, Two Basement Baths
  • Living Area: 8988.00
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 3282.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 521.29000
  • Soil Type: Loam
  • PoolFeatures: Below Ground
  • Fencing: Partial
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Concrete, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: Private

Association/Amenities

  • Property Amenities: Ceiling Fan(s), Deck, Exercise Room, French Doors, Hardwood Floors, Hot Tub, In-Ground Sprinkler, Kitchen Center Island, Master Bedroom Walk-In Closet, Paneled Doors, Patio, Porch, Sauna, Security System, Tile Floors, Walk-In Closet, Wet Bar

Schools

  • School District: Albert Lea
  • School District Phone: 507-379-4800

Lot Info

  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: Irreg
  • Homestead: Yes
  • Lot Features: Other, Tree Coverage - Medium
  • Lot Size Acres: 11.9600
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: SECT-32 TWP-103 RANGE-021 11.96 AC REV DESC NO. 2885 PT SW1/4 32-103-21 11.96 ACRES
  • Tax Amount: 8874.00
  • Tax Year: 2016
  • Tax With Assessments: 8874.00
  • Assessor Parcel Number: 130320051

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Shared

MLS Schools

  • School District Name: Albert Lea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
May 25, 2018
Sold by
Thorn Stephen Stephen
Bought by
Owens Michael Michael and Brandts Hannah Hannah
Seller's Agent
Wendy Byers
Edina Realty, Inc.
List Price
$849,000
Sold Price
$818,500
Premium/Discount to List
-$30,500
-3.59%
Total Days on Market
364
Current Estimated Value
$978,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,148
Original Mortgage
$453,100
Outstanding Balance
$400,744
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Owens Michael Michael $818,500 --
Owens Michael $818,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandts Hannah $294,500
Closed Owens Michael $453,100
Open Owens Michael Michael $813,500
Previous Owner Thorn Stephen E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $818,500 -3.6% $91 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/15/2017 02/15/17 For Sale $849,000 -- $94 / 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 $11,802 $1,035,600 $85,100 $950,500
2023 $11,964 $1,035,600 $85,100 $950,500
2022 $12,432 $1,014,200 $70,100 $944,100
2021 $12,248 $894,000 $60,100 $833,900
2020 $11,754 $841,200 $50,100 $791,100
2019 $10,992 $808,100 $50,100 $758,000
2018 $10,566 $0 $0 $0
2016 $8,874 $0 $0 $0
2015 $8,400 $0 $0 $0
2014 $8,650 $0 $0 $0
2012 $12,024 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5114518

NorthstarMLS

APN: 13.032.0051