NOT LISTED FOR SALE

2250 Margaretha Ave Albert Lea, MN 56007

Estimated Value: $141,000 - $159,967

3 Beds
1 Bath
1,578 Sq Ft
$97/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $120,900 $77 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $948/month

20 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • 1 Car Attached Garage
  • Storage Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Nice edge of town location for this cozy three-bedroom ranch style home with an attached oversized one car garage. Great storage throughout the home. This home has been cared for by the same owner since the 1990's and is ready to be a great home to someone new! Take a look at our 3D tour and then call for your private showing.

Last Agent to Sell the Property

Heather Allen

Leland Realty Listed on: 03/11/2024

Co-Listed By

Matt Johnson

Leland Realty

Last Buyer's Agent

Heather Allen

Leland Realty Listed on: 03/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 1971

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Storage Room
  • Sump Pump

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Larsons First Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340760540

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,696

Year Built

Built in 1971

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: 1971
  • Above Grade Finished Sq Ft: 1052
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Sump Pump
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Living Area: 1578
  • Fireplace: No
  • Below Grade Finished Sq Ft: 526
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Laundry, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 612

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x120
  • Lot Size Sq Ft: 7187.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340760540
  • Tax Annual Amount: 1696
  • TaxWithAssessments: 1696.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 20, 2024
Sold by
Hill Dorthey
Bought by
Hughes Kristin
Seller's Agent
Heather Allen
Leland Realty
Buyer's Agent
Heather Allen
Leland Realty
List Price
$129,900
Sold Price
$120,900
Premium/Discount to List
-$9,000
-6.93%
Views
220
Current Estimated Value
$153,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,592
Avg. Annual Appreciation
16.76%
Original Mortgage
$106,900
Outstanding Balance
$105,499
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$45,388
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
Hughes Kristin $120,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Kristin $106,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $120,900 -6.9% $77 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $129,900 -- $82 / 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 $1,602 $139,900 $8,700 $131,200
2024 $1,566 $129,900 $8,700 $121,200
2023 $1,696 $122,500 $8,700 $113,800
2022 $1,692 $131,200 $8,700 $122,500
2021 $1,732 $116,500 $8,700 $107,800
2020 $1,468 $104,200 $8,700 $95,500
2019 $1,248 $93,600 $8,100 $85,500
2018 $1,180 $0 $0 $0
2016 $830 $0 $0 $0
2015 $818 $0 $0 $0
2014 $836 $0 $0 $0
2012 $974 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6500591

NorthstarMLS

APN: 34.076.0540