NOT LISTED FOR SALE

332 E 2nd St Albert Lea, MN 56007

Estimated Value: $135,000 - $196,000

3 Beds
1.5 Baths
2,562 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $74,000 $29 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,084/month

283 Days on Market

Highlights

  • Deck
  • Porch
  • Water Softener is Owned
  • 1 Car Detached Garage
  • Patio
  • 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.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1915

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Boiler Heating System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 340332030

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Window
  • Outside Features: Vinyl
  • Garage Spaces: 1.00
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 1628.00
  • Above Grade Finished Area Search: 1628.00
  • Above Grade Finished Sq Ft: 1628.00
  • Assessment Pending Y N: Yes
  • Below Grade Total Sq Ft: 934.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Garage Area: 384.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 6187
  • Listing Organization: Iowa
  • Living Area Finished: 1628.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 952.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 340332030
  • Property Out Building Type: Shed - Storage
  • Rental License: No
  • Stories Type: Two
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Full, Unfinished
  • Appliances: Disposal, Exhaust Fan/Hood, Range, Refrigerator, Water Softener - Owned
  • Dining Room Features: Eat In Kitchen, Separate/Formal Dining Room
  • Bathroom Type: Main Floor 1/2 Bath
  • Living Area: 2562.00
  • Fireplace: No
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Concrete

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected

Association/Amenities

  • Property Amenities: Cable, Ceiling Fan(s), Deck, Patio, Porch, Walk-Up Attic, Washer/Dryer Hookup

Schools

  • School District: 241 - Albert Lea
  • School District Phone: 507-379-4800

Lot Info

  • Waterfront YN: No
  • Out Building Count: 1
  • Assessment Pending: Yes
  • Lot Size: 66x199
  • Homestead: Yes
  • Lot Features: Tree Coverage - Light
  • Lot Size Acres: 0.3000
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: Lot 8, Block 8 Hall's Addition
  • Tax Amount: 970.00
  • Tax Year: 2013
  • Tax With Assessments: 1000.00
  • Assessor Parcel Number: 340332030

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 241 - Albert Lea

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
List Price
$89,900
Sold Price
$74,000
Premium/Discount to List
-$15,900
-17.69%
Total Days on Market
283
Current Estimated Value
$162,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,572
Avg. Annual Appreciation
6.34%
Original Mortgage
$70,300
Outstanding Balance
$55,029
Interest Rate
4.29%
Mortgage Type
Unknown
Estimated Equity
$91,797

Range of Values:

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Average Value
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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% $29 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
04/15/2013 04/15/13 For Sale $89,900 -- $35 / 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 $2,196 $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

Map

Source: NorthstarMLS

MLS Number: NST5073636

NorthstarMLS

APN: 34.033.2030