NOT LISTED FOR SALE

218 North Ln Albert Lea, MN 56007

Estimated Value: $426,000 - $567,748

2 Beds
3 Baths
1,963 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 218 North Ln, Albert Lea, MN 56007 and is currently estimated at $485,583, approximately $247 per square foot. 218 North Ln is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Rasmusson Trust
Bought by
Kelly Benjamin and Kelly Mariah
Current Estimated Value
$485,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,450
Outstanding Balance
$396,022
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$89,561
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Kelly Benjamin $585,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Benjamin $450,450
Source: Public Records

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 $7,466 $541,000 $85,500 $455,500
2024 $7,406 $484,000 $85,500 $398,500
2023 $6,714 $491,900 $85,500 $406,400
2022 $6,306 $436,700 $85,500 $351,200
2021 $6,950 $359,900 $85,500 $274,400
2020 $6,558 $371,100 $85,500 $285,600
2019 $6,512 $371,100 $85,500 $285,600
2018 $5,922 $0 $0 $0
2016 $4,798 $0 $0 $0
2015 $4,638 $0 $0 $0
2014 $4,640 $0 $0 $0
2012 $4,648 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

218 North Ln, Albert Lea, MN

This home is located at 218 North Ln, Albert Lea, MN 56007 and is currently estimated at $485,583, approximately $247 per square foot. 218 North Ln is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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