NOT LISTED FOR SALE

2731 Campus Ln Unit 1 Albert Lea, MN 56007

Chapeau Shores Neighborhood

Estimated Value: $372,582 - $404,000

2 Beds
2.5 Baths
2,400 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $374,900 $156 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,543/month

Highlights

  • Lake View
  • No HOA
  • 2 Car Attached Garage
  • 1 Fireplace
  • The kitchen features windows
  • Electronic Air Cleaner

About This Home

As of July 2023

Beautiful upscale 2400 sq. ft., 2 bedroom, 3 bath, oversized insulated 2 stall, lakeview Condo. Some improvements to include: granite countertops, cherry cabinets, newer kitchen appliances. Vaulted ceilings, wood blinds. One bathroom has granite flooring. Large Primary bedroom with walk-in closet and granite counters. Flooring consists of cherry laminate, tile and carpet. Lots of storage, very energy efficient, handicap accessible, 4 season porch, gazebo, patio with electric awning, gas fireplace, 2 sheds, in-ground sprinkler on a slab. Great location that won't last!

Last Listed By

Pam Schmidt

Coldwell Banker River Valley, REALTORS Listed on: 06/01/2023

Coldwell Banker River Valley, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 2001

Lot Details

  • 10,585

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Property Attached

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Utility Room Floor Drain
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Cable TV Available

Additional Features

  • Patio
  • 10,585 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Association fees include hazard insurance
  • Beverly Grotson Association, Phone Number (507) 383-6079

Listing and Financial Details

  • Assessor Parcel Number 343820010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,243

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System, Patio
  • Fee Frequency: Other
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2400
  • Water Body Name: Albert Lea
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electronic Air Filter, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2400
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Sun Room, Bedroom 1, Bedroom 2
  • SqFtTotal: 2400.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Awning(s),Patio
  • Lake Acres: 2669
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 523

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance
  • Phone: 507-383-6079
  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Multiple Phone Lines,Natural Woodwork,Patio,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Beverly Grotson

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Lot Size Sq Ft: 10585.08
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 343820010
  • Tax Annual Amount: 4243
  • TaxWithAssessments: 4468.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 13, 2023
Sold by
Kirchner Marguerite
Bought by
Gillard Marina
Seller's Agent
Pam Schmidt
Coldwell Banker River Valley, REALTORS
Buyer's Agent
Terry Fox
Coldwell Banker River Valley, REALTORS
List Price
$374,900
Sold Price
$374,900
Total Days on Market
0
Views
1
Current Estimated Value
$390,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,246
Avg. Annual Appreciation
0.90%
Original Mortgage
$281,201
Outstanding Balance
$276,397
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$104,570

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
Gillard Marina $374,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillard Marina $281,201
Previous Owner Kirchner Trust $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $374,900 0.0% $156 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $374,900 -- $156 / 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
2024 $4,430 $296,000 $26,500 $269,500
2023 $4,468 $301,000 $26,500 $274,500
2022 $4,194 $293,500 $26,500 $267,000
2021 $3,966 $239,800 $26,500 $213,300
2020 $3,866 $229,900 $26,500 $203,400
2019 $3,498 $212,200 $26,500 $185,700
2018 $3,410 $0 $0 $0
2016 $3,252 $0 $0 $0
2015 $3,148 $0 $0 $0
2014 $3,196 $0 $0 $0
2012 $3,546 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6380151

NorthstarMLS

APN: 34.382.0010