NOT LISTED FOR SALE

302 E 7th St Albert Lea, MN 56007

Estimated Value: $199,000 - $322,000

4 Beds
2 Baths
2,250 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $259,900 $116 Per Sq Ft

Current estimated payment $1,696/month

183 Days on Market

About This Home

As of August 2023

Great 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!!

Last Agent to Sell the Property

Emelie Paulson

Unique Realty Listed on: 12/26/2022

Last Buyer's Agent

Emelie Paulson

Unique Realty Listed on: 12/26/2022

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $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

    Seller's Agent in 2023

    Emelie Paulson

    Unique Realty

    (507) 383-1659

    29 in this area

    49 Total Sales

    Emelie Paulson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6316903

NorthstarMLS

APN: 34.049.0210

Minnesota Freeborn County Albert Lea 56007

302 E 7th St, Albert Lea, MN

This home is located at 302 E 7th St, Albert Lea, MN 56007 since 26 December 2022 and is currently estimated at $261,078, approximately $116 per square foot. This property was built in 1949. 302 E 7th St is a home located in Freeborn County with nearby schools including Halverson Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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