NOT LISTED FOR SALE

313 Bancroft Dr Albert Lea, MN 56007

Estimated Value: $321,000 - $386,000

4 Beds
2 Baths
2,210 Sq Ft
$165/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2025

Last sale price $360,000 $163 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,440 / mo

38 Days on Market

Highlights

  • 21,998 Sq Ft lot
  • Corner Lot
  • The kitchen features windows
  • Main Floor Primary Bedroom
  • No HOA
  • 3 Car Attached Garage

About This Home

As of September 2025

Very nice corner lot, backyard borders a tree line for a very private setting. Move in before the snow flies and you will have a bounty from your very own garden. Great access to schools, the interstate if you work out of town. Lake and walking/ bike trail is one block away. Also within walking distance to a golf course.

Last Agent to Sell the Property

Dennis Glassel

Robert Hoffman Realty Inc. Listed on: 07/14/2025

Last Buyer's Agent

Robert Hoffman

Robert Hoffman Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,715

Year Built

  • Built in 1998

Lot Details

  • 21,998 Sq Ft Lot
  • Lot Dimensions are 300x120x270
  • Corner Lot
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Home Design

  • Bi-Level Home
  • Brick Veneer
  • Wood Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Storage
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • Shorewood Hills 2Nd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 342750870

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,715

Year Built

Built in 1998

Lot Details

0.51 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1105
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Partially Finished, Storage Space, Walkout, Wood
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 2210
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1105
  • Basement YN: Yes
  • Dining Room Type: Family Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Bedroom 3, Bedroom 4, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 300x120x270
  • Lot Size Sq Ft: 21997.8
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 342750870
  • Tax Annual Amount: 4715
  • TaxWithAssessments: 5646.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2025
Closed on
Sep 26, 2025
Sold by
Bought by
Seller's Agent
Dennis Glassel
Robert Hoffman Realty Inc.
Buyer's Agent
Robert Hoffman
Robert Hoffman Realty Inc.
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Views
37
Current Estimated Value
$364,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,534
Avg. Annual Appreciation
1.73%
Original Mortgage
$288,000
Outstanding Balance
$288,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$76,534

Purchase Details

Closed on
Apr 19, 2012
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 --
-- Minnesota Abstract Title Com
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $288,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Sold $360,000 -4.0% $163 / Sq Ft
08/29/2025 08/29/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $375,000 -6.0% $170 / Sq Ft
07/22/2025 07/22/25 For Sale $399,000 -- $181 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,646 $371,900 $89,600 $282,300
2024 $4,794 $321,900 $89,600 $232,300
2023 $4,468 $323,700 $89,600 $234,100
2022 $4,418 $303,500 $68,500 $235,000
2021 $3,940 $260,300 $68,500 $191,800
2020 $3,964 $235,100 $63,200 $171,900
2019 $3,550 $215,000 $58,000 $157,000
2018 $3,488 $0 $0 $0
2016 $2,602 $0 $0 $0
2015 $2,816 $0 $0 $0
2014 $2,694 $0 $0 $0
2012 $3,180 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Dennis Glassel

    Robert Hoffman Realty Inc.

    (507) 383-6704

    11 Total Sales

    Dennis Glassel
    Section Image
  • Robert Hoffman

    Buyer's Agent in 2025

    Robert Hoffman

    Robert Hoffman Realty Inc.

    (507) 402-7399

    142 Total Sales

    Robert Hoffman
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6755097

NorthstarMLS

APN: 34.275.0870

Minnesota Freeborn County Albert Lea 56007

313 Bancroft Dr, Albert Lea, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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