NOT LISTED FOR SALE

340 E 3rd St Albert Lea, MN 56007

Estimated Value: $142,000 - $194,000

4 Beds
1.5 Baths
2,515 Sq Ft
$65/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $90,000 $36 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,011/month

15 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch
  • 2-minute walk to Frank Hall Park

About This Home

As of July 2015

Well cared for 4 bedroom home with oversized double garage. Fully applianced kitchen with breakfast bar dividing kitchen and dining room. House has steel siding, new furnace & deck.

Last Listed By

Sue Richards

Coldwell Banker River Valley, REALTORS Listed on: 05/18/2015

Coldwell Banker River Valley, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1922

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Fiberglass Siding
  • Metal Siding

Interior Spaces

  • 2,515 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 340332480

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Fiber Board, Metal
  • Garage Spaces: 2.00
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1922
  • Above Grade Finished Sq Ft: 1501.00
  • Above Grade Finished Area Search: 1501.00
  • Above Grade Finished Sq Ft: 1501.00
  • Assessment Pending Y N: No
  • Below Grade Total Sq Ft: 1014.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Garage Area: 672.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 6187
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1501.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1042.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 340332480
  • Rental License: No
  • Stories Type: One and One Half
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Full, Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Dining Room Features: Other, Separate/Formal Dining Room
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 2515.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Gravel, Driveway - Shared

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Deck, Porch

Schools

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

Lot Info

  • Waterfront YN: No
  • Assessment Pending: No
  • Lot Size: .22 acres
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.2200
  • Lot Size Area Units: Square Feet

Tax Info

  • TaxLegalDescription: Lot 11 Blk 9 W 32 Ft. Lot 11 & E 16 Ft Lot 10 Blk 9 Halls Addition
  • Tax Amount: 1206.00
  • Tax Year: 2015
  • Tax With Assessments: 1206.00
  • Assessor Parcel Number: 340332480

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
May 18, 2015
Closed on
Jul 31, 2015
Bought by
Christenson Nicholas Nicholas
Seller's Agent
Sue Richards
Coldwell Banker River Valley, REALTORS
List Price
$92,500
Sold Price
$90,000
Premium/Discount to List
-$2,500
-2.7%
Total Days on Market
15
Current Estimated Value
$163,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,422
Avg. Annual Appreciation
5.12%
Original Mortgage
$89,800
Outstanding Balance
$72,597
Interest Rate
3.98%
Estimated Equity
$74,015

Purchase Details

Closed on
Mar 27, 2012
Sold by
Hoyt Ronald L and Hoyt Jacqueline R
Bought by
Dawson Ventures Llc

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
Christenson Nicholas Nicholas $90,000 --
Dawson Ventures Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christenson Nicholas Nicholas $89,800
Closed Christenson Nicholas R $91,836
Previous Owner Hoyt Ronald L $156,000
Closed Dawson Ventures Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $90,000 -2.7% $36 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $92,500 -- $37 / 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 $1,730 $133,200 $13,600 $119,600
2023 $1,762 $116,200 $13,600 $102,600
2022 $1,678 $118,300 $13,600 $104,700
2021 $1,686 $100,900 $13,600 $87,300
2020 $1,550 $92,800 $9,500 $83,300
2019 $1,296 $80,000 $8,100 $71,900
2018 $1,240 $0 $0 $0
2016 $824 $0 $0 $0
2015 $1,206 $0 $0 $0
2014 $1,210 $0 $0 $0
2012 $1,038 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5110430

NorthstarMLS

APN: 34.033.2480