NOT LISTED FOR SALE

221 S 5th Ave Albert Lea, MN 56007

Estimated Value: $70,000 - $112,000

2 Beds
1 Bath
594 Sq Ft
$150/Sq Ft Est. Value

About This Home

This home is located at 221 S 5th Ave, Albert Lea, MN 56007 and is currently estimated at $89,160, approximately $150 per square foot. 221 S 5th Ave is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Pr Homes Llc
Bought by
Silver Lake Holdings Llc
Current Estimated Value
$89,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Outstanding Balance
$45,491
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$43,669

Purchase Details

Closed on
Oct 12, 2023
Sold by
Beenken Jeanette
Bought by
Pr Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Silver Lake Holdings Llc $57,500 --
Pr Homes Llc $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Lake Holdings Llc $46,000
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
2024 $798 $51,200 $9,900 $41,300
2023 $552 $49,000 $9,900 $39,100
2022 $458 $49,800 $9,900 $39,900
2021 $478 $35,200 $9,900 $25,300
2020 $482 $37,200 $9,900 $27,300
2019 $444 $35,200 $9,300 $25,900
2018 $450 $0 $0 $0
2016 $368 $0 $0 $0
2015 $336 $0 $0 $0
2014 $352 $0 $0 $0
2012 $462 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

221 S 5th Ave, Albert Lea, MN

This home is located at 221 S 5th Ave, Albert Lea, MN 56007 and is currently estimated at $89,160, approximately $150 per square foot. 221 S 5th Ave is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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