NOT LISTED FOR SALE

332 E 2nd St Albert Lea, MN 56007

Estimated Value: $133,000 - $181,000

3 Beds
1.5 Baths
1,628 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $74,000 $45 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,024/month

283 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Formal Dining Room
  • Porch
  • 1-minute walk to Frank Hall Park

About This Home

As of March 2014

Beautiful 2 story, 3 bedroom, 1.5 bath home, wonderfully maintained and updated - check out the gorgeous original wood work and columns. Kitchen and baths are nicely updated. Exterior is maintanence free, large yard and 12 x 20 storage shed. Older home listings don't come any nicer.

Last Agent to Sell the Property

David Springborg

Coldwell Banker Home Connection-AL Listed on: 04/15/2013

Last Buyer's Agent

Terrence Fox

Coldwell Banker Home Connection-AL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,540

Year Built

  • 1915

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x199
  • Few Trees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,628 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Walkup Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 340332030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,540

Year Built

1915

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Walk-up Attic, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Patio, Porch
  • Estimated Number of Acres: 0.3
  • Assessments: Yes
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 340332030
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 12x10, On Level: Second Floor
  • Room 2: Bedroom, 12x10, On Level: Second Floor
  • Room 3: Bedroom, 13x9, On Level: Second Floor
  • Room 4: Den/Office, 9x7, On Level: Main
  • Room 5: Dining Room, 15x12, On Level: Main
  • Room 7: 12x11, On Level: Main
  • Room 9: Kitchen, 14x12, On Level: Main
  • Room 12: Living Room, 13x12, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1628
  • Total Fin Square Footage: 1628
  • Total Square Footage: 2562

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 66x199
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
Mar 17, 2014
Sold by
Norman E W Norman E W and Schmidt Naomi M
Bought by
Balbuena Morales Abel R
Seller's Agent
David Springborg
Coldwell Banker Home Connection-AL
Buyer's Agent
Terrence Fox
Coldwell Banker Home Connection-AL
List Price
$89,900
Sold Price
$74,000
Premium/Discount to List
-$15,900
-17.69%
Current Estimated Value
$153,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,799
Avg. Annual Appreciation
6.56%
Original Mortgage
$70,300
Outstanding Balance
$53,497
Interest Rate
4.29%
Mortgage Type
Unknown
Estimated Equity
$100,460
Source: Public Records

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
Balbuena Morales Abel R -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balbuena Morales Abel R $70,300
Previous Owner Schmidt Norman E W $58,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2014 03/17/14 Sold $74,000 -17.7% $45 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
04/15/2013 04/15/13 For Sale $89,900 -- $55 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $2,540 $148,400 $26,100 $122,300
2024 $2,196 $150,100 $18,600 $131,500
2023 $1,910 $131,300 $18,600 $112,700
2022 $1,874 $133,600 $18,600 $115,000
2021 $1,628 $116,500 $18,600 $97,900
2020 $1,456 $93,400 $11,100 $82,300
2019 $1,194 $80,400 $9,500 $70,900
2018 $1,142 $0 $0 $0
2016 $912 $0 $0 $0
2015 $888 $0 $0 $0
2014 $898 $0 $0 $0
2012 $1,050 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4463115

REALTOR® Association of Southern Minnesota

APN: 34.033.2030