Seller's Agent in 2023
Emelie Paulson
Unique Realty
(507) 383-1659
26 in this area
47 Total Sales
302 E 7th St Albert Lea, MN 56007
Estimated Value: $181,000 - $333,000
4
Beds
2
Baths
2,250
Sq Ft
$114/Sq Ft
Est. Value
Highlights
- Corner Lot
- Parking Storage or Cabinetry
- Forced Air Heating System
- 4 Car Attached Garage
About This Home
As of August 2023Great investment opportunity!! Could be used for multi business use. Use it currently as all rental, or start your own business. Live on site also. Lots of ware house space and garage space, along with loading dock . Duplex also attached to property with 2 two bedroom apartments. Great investment , put your ideas to work!! Newer roofs and nicely updated apartments and some mechanicals. Take a look and decide for yourself!! Don't hesitate before it is too late!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,356
Year Built
- Built in 1949
Lot Details
- Lot Dimensions are 150x65
- Corner Lot
Parking
- 4 Car Attached Garage
- Parking Storage or Cabinetry
Home Design
- Duplex
- Rubber Roof
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Forced Air Heating System
- 100 Amp Service
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for electricity, fuel, gas, insurance, janitorial service, grounds care, repairs, snow removal, taxes, trash collection, water
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Boyers Rental Properties Llc | $306,825 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2023 08/01/23 | Sold | $259,900 | +8.3% | $116 / Sq Ft |
| 06/27/2023 06/27/23 | Pending | -- | -- | -- |
| 02/07/2023 02/07/23 | Price Changed | $239,900 | -4.0% | $107 / Sq Ft |
| 12/26/2022 12/26/22 | For Sale | $249,900 | -- | $111 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,462 | $350,200 | $26,600 | $323,600 |
| 2024 | $2,900 | $260,300 | $26,600 | $233,700 |
| 2023 | $2,782 | $97,600 | $26,600 | $71,000 |
| 2022 | $2,608 | $89,200 | $18,600 | $70,600 |
| 2021 | $2,620 | $66,900 | $18,600 | $48,300 |
| 2020 | $1,674 | $74,200 | $18,600 | $55,600 |
| 2019 | $1,432 | $64,000 | $16,000 | $48,000 |
| 2018 | $1,412 | $0 | $0 | $0 |
| 2016 | $1,396 | $0 | $0 | $0 |
| 2015 | $1,350 | $0 | $0 | $0 |
| 2014 | $1,358 | $0 | $0 | $0 |
| 2012 | $1,886 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Emelie Paulson
Map
Source: NorthstarMLS
MLS Number: 6316903
APN: 34.049.0210
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