NOT LISTED FOR SALE

26157 740th Ave Albert Lea, MN 56007

Estimated Value: $146,000 - $252,225

8 Acres
$28,931 Price per Acre
335,848 Sq Ft Lot

Last Sold February 08, 2021

Last sale price $74,500

Est. 199% increase in value since last sale

Current estimated payment $1,396/month

56 Days on Market

About This Lot

As of February 2021

Beautiful acreage on black top. North of Albert Lea, only minutes from schools and shopping. Cozy cabin
on site, ideal for weekend getaways. Plenty of trees and trails to explore, or if you are looking to build there is plenty of space for your dream home. Lots of potential for hunting! ALL BUYERS MUST BE ACCOMPANIED BY AN AGENT.

Last Listed By

Ericka Smith

Leland Realty Listed on: 11/24/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $918

Year Built

  • 1958

Lot Details

  • 7.71 Acre Lot
  • Lot Dimensions are 1x1x1x1
  • Property fronts a county road
  • Irregular Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 130080060

Property Details

Property Type

Land

Est. Annual Taxes

$918

Year Built

1958

Lot Details

0

Listing Details

  • Type: Lots & Land
  • Development Status: Raw Land
  • Restrict To Builders: Open
  • Fractional Ownership Y N: No
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Co Listing Association Office S K: 14871
  • Development Y N: No
  • Improvement Type: None
  • Inclusions Type: Survey, Survey Stakes
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 14871
  • Listing Organization: Iowa
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 130080060
  • Plat Recorded Y N: No
  • Property Sub Type Additional: Acreage
  • Rental License: No
  • Restrictions Type: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1958

Interior Features

  • Fireplace: No

Utilities

  • Utilities: Electricity Available, Electricity Connected

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 241 - Albert Lea
  • School District Phone: 507-379-4800

Lot Info

  • Zoning: Residential-Single Family
  • Topography: Level, Rolling
  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: 1x1x1x1
  • Homestead: No
  • Lot Features: Irregular Lot
  • Lot Size Acres: 7.7100
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: SECT-08 TWP-103 RANGE-021 7.71 AC PT SW1/4 SW1/4 COM SW COR SW1/4 E 1321.53 FT TH N 794.20 FT TH W 4.51 FT TO POB TH S 30.25 FT TH SLY 193.76 FT TH NW 101.15 FT TH W 133.95 FT TH SW 115 FT TH SW 127.1
  • Tax Amount: 918.00
  • Tax Year: 2020
  • Tax With Assessments: 918.00
  • Assessor Parcel Number: 130080060

MLS Schools

  • School District Name: 241 - Albert Lea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Feb 8, 2021
Sold by
Penrod John S and Penrod Laura
Bought by
Farrow Leon E
Seller's Agent
Ericka Smith
Leland Realty
Buyer's Agent
Steve Lehner
Leland Realty
List Price
$79,900
Sold Price
$74,500
Premium/Discount to List
-$5,400
-6.76%
Total Days on Market
56
Current Estimated Value
$223,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,556
Avg. Annual Appreciation
31.36%

Purchase Details

Closed on
Nov 17, 2017
Sold by
Markeson Loren Loren
Bought by
Penrod John John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,830
Interest Rate
3.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 14, 2011
Sold by
Ulland Joel T and Ulland Tracy
Bought by
Markeson Loren K and Markeson Cindra R

Purchase Details

Closed on
Feb 4, 2011
Sold by
Lunde Jean and Olson Rebecca
Bought by
Markeson Loren K and Markeson Cindra R

Purchase Details

Closed on
Jan 14, 2011
Sold by
Skophammer Duane T and Skophammer Carmen A
Bought by
Skophammer Duane T and Skophammer Carmen A

Purchase Details

Closed on
Jan 6, 2011
Sold by
Ulland Phyllis A
Bought by
Ulland Phyllis A and Rosewell L Ulland And Phyllis A Ulland T

Range of Values:

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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
Farrow Leon E $74,500 North American Title Co
Penrod John John $75,100 --
Penrod John $75,095 None Available
Markeson Loren K -- --
Markeson Loren K -- --
Markeson Loren K -- --
Markeson Loren K -- --
Markeson Loren K -- --
Skophammer Duane T -- --
Ulland Phyllis A -- --
Farrow Leon Leon $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penrod John $63,830
Previous Owner Penrod John John $73,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $74,500 -6.8% --
01/19/2021 01/19/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $79,900 0.0% --
12/31/2020 12/31/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $79,900 -- --
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 $1,912 $196,600 $92,500 $104,100
2023 $688 $194,400 $92,500 $101,900
2022 $966 $87,300 $77,500 $9,800
2021 $978 $70,700 $65,000 $5,700
2020 $918 $60,900 $55,000 $5,900
2019 $790 $60,700 $55,000 $5,700
2018 $596 $0 $0 $0
2016 $4,314 $0 $0 $0
2015 $4,274 $0 $0 $0
2014 $3,886 $0 $0 $0
2012 $2,946 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5688448

NorthstarMLS

APN: 13.008.0060