NOT LISTED FOR SALE

22563 770th Ave Albert Lea, MN 56007

Estimated Value: $223,000 - $311,000

4 Beds
1.5 Baths
1,947 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $115,000 $59 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,623/month

Highlights

  • 0.63 Acre Lot
  • Wood Burning Stove
  • 3 Car Attached Garage
  • Deck
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of October 2012

Spacious well kept home. Country living with City services. Main floor Master bedroom and full family bath. 3 large bedrooms upstairs. Wonderful lot with lots of trees and views. third garage stall for car or shop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,588

Year Built

  • 1958

Lot Details

  • 0.63 Acre Lot
  • Property fronts a county road
  • Few Trees

Home Design

  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,947 Sq Ft Home
  • Woodwork
  • Wood Burning Stove
  • Electric Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 344400040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,588

Year Built

1958

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Driveway - Gravel
  • Estimated Number of Acres: 0.63
  • Assessment Balance: 15505.76
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Softener-Rented, Sump Pump
  • Parcel Number: 344400040
  • Property Adjoins Public Land: Yes
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 4484
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace Type: Electric
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 2: Bedroom, 11x13, On Level: Second Floor
  • Room 3: Bedroom, 12x12, On Level: Second Floor
  • Room 5: Dining Room, 10x15, On Level: Main
  • Room 9: Kitchen, 11x13, On Level: Main
  • Room 12: Living Room, 11x20, On Level: Main
  • Room 13: Master Bedroom, 11x13, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Drainage System, Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1947
  • Total Fin Square Footage: 1947
  • Total Square Footage: 2975

Exterior Features

  • Frontage Road: County, Paved
  • Construction Type: Concrete Block
  • Exterior: Wood
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, Wood Stove
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: .63 ac
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Oct 31, 2012
Sold by
Schewe Beth A and Schewe Kristopher L
Bought by
Schewe Beth A and Schewe Kristopher L
List Price
$1,240,000
Sold Price
$115,000
Premium/Discount to List
-$1,125,000
-90.73%
Current Estimated Value
$266,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,508
Avg. Annual Appreciation
6.60%
Original Mortgage
$117,346
Outstanding Balance
$81,400
Interest Rate
3.32%
Estimated Equity
$180,991

Purchase Details

Listed on
May 3, 2012
Closed on
Oct 8, 2012
Sold by
Andersen Dean P and Andersen Kari L
Bought by
Andersen Rita L
List Price
$1,240,000
Sold Price
$115,000
Premium/Discount to List
-$1,125,000
-90.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,346
Outstanding Balance
$81,400
Interest Rate
3.32%
Estimated Equity
$180,991
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
Schewe Beth A -- Minnesota Abstract & Title C
Schewe Beth A -- --
Andersen Rita L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schewe Beth A $117,346
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $115,000 -90.7% $59 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $1,240,000 -- $637 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,588 $206,500 $40,600 $165,900
2024 $2,188 $164,000 $40,600 $123,400
2023 $1,960 $142,200 $40,600 $101,600
2022 $2,528 $127,000 $28,400 $98,600
2021 $2,478 $140,800 $28,400 $112,400
2020 $2,284 $126,100 $20,300 $105,800
2019 $2,182 $121,800 $20,300 $101,500
2018 $1,996 $0 $0 $0
2016 $1,786 $0 $0 $0
2015 $1,750 $0 $0 $0
2014 $1,782 $0 $0 $0
2012 $4,484 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4183753

REALTOR® Association of Southern Minnesota

APN: 34.440.0040