NOT LISTED FOR SALE

318 Garden Rd Albert Lea, MN 56007

Estimated Value: $361,858 - $520,000

4 Beds
4.5 Baths
3,268 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $330,000 $101 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,890/month

288 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • 3 Car Attached Garage
  • Corner Lot
  • The kitchen features windows
  • Walk-In Closet

About This Home

As of August 2023

Make your appointment now to tour this spacious 4 bedroom home with newer roof, updated hickory cabinets, some updated windows, fresh interior paint, new carpet, newer kitchen/laundry appliances & much more. Home also includes a sauna, spa room & previous swimming pool building connected to home through a tunnel. Home is located close to Lakeview park, Fountain Lake, public golf course, and pedestrian trail around lake.

Last Agent to Sell the Property

Craig Houim

Century 21 Atwood Listed on: 10/03/2022

Century 21 Atwood

Last Buyer's Agent

Michael Polis

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,975

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 93x134
  • Wood Fence
  • Corner Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Stone Fireplace
  • Brick Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 341352660

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,975

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 2177
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 79x46
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Drainage System, Egress Window(s), Full, Partially Finished, Storage Space, Sump Pump
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Gas, Living Room, Stone, Wood Burning
  • Living Area: 3268
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1091
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Bathroom, Primary Bathroom, Walk In Closet, Laundry
  • Shared Rooms: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • ConstructionMaterialsDesc: Frame,Stone
  • Soil Type: Sand

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 710

Utilities

  • Heating: Forced Air, Fireplace(s), Space Heater
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Hardwood Floors,Hot Tub,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Sauna,Security System,Skylight,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 93x134
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Cedar

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 341352660
  • Tax Annual Amount: 5975
  • TaxWithAssessments: 6442.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Aug 9, 2023
Sold by
Hendrickson Jamie and Hendrickson Andrea
Bought by
Polis Penny and Polis Jeffrey
Seller's Agent
Craig Hoium
Century 21 Atwood
Buyer's Agent
Michael Polis
Edina Realty, Inc.
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Views
852
Current Estimated Value
$419,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,715
Avg. Annual Appreciation
13.72%
Original Mortgage
$264,000
Outstanding Balance
$259,167
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$160,548

Purchase Details

Closed on
Apr 26, 2021
Sold by
Hendrickson Jeanne
Bought by
Hendrickson Steven K
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Polis Penny $330,000 --
Hendrickson Steven K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polis Penny $264,000
Previous Owner Hendrickson Steven K $203,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $330,000 -12.0% $101 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $375,000 0.0% $115 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $375,000 -6.2% $115 / Sq Ft
03/21/2023 03/21/23 Price Changed $399,900 -9.1% $122 / Sq Ft
11/22/2022 11/22/22 Price Changed $439,900 -2.2% $135 / Sq Ft
10/03/2022 10/03/22 For Sale $450,000 -- $138 / 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 $6,624 $433,800 $31,200 $402,600
2023 $6,886 $439,500 $32,800 $406,700
2022 $6,442 $430,300 $32,800 $397,500
2021 $6,498 $345,400 $32,800 $312,600
2020 $6,558 $334,500 $32,800 $301,700
2019 $6,216 $320,200 $30,600 $289,600
2018 $6,232 $0 $0 $0
2016 $5,324 $0 $0 $0
2015 $4,982 $0 $0 $0
2014 $5,180 $0 $0 $0
2012 $4,938 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6267395

NorthstarMLS

APN: 34.135.2660