NOT LISTED FOR SALE

405 E 5th St Albert Lea, MN 56007

Estimated Value: $140,000 - $182,000

3 Beds
1 Bath
1,238 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $133,000 $107 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,025/month

14 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • No HOA
  • 1 Car Attached Garage
  • Combination Dining and Living Room

About This Home

As of October 2021

Great, move in ready, 3 bedroom home. Sits on a nice corner lot with new landscaping & attached garage. The dining/living room and main floor bedroom have hardwood flooring. The upper level with the additional 2 bedrooms has brand new carpeting. One upper level bedroom features a walk in closet. The main floor bathroom has a nice tiled shower.

Last Listed By

Lisa Evans

Realty ONE Group Black Diamond Listed on: 08/18/2021

Realty ONE Group Black Diamond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1955

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 66x76
  • Corner Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,238 Sq Ft Home
  • 1.5-Story Property
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • The kitchen features windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340360480

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1238
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 1238
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 2070.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 320

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x76
  • Lot Size Sq Ft: 5009.4
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 340360480
  • Tax Annual Amount: 1396
  • TaxWithAssessments: 1396.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 7, 2021
Sold by
Bingham Jared J and Bingham Ashley
Bought by
Delangel Jessica Del
Seller's Agent
Lisa Evans
Realty ONE Group Black Diamond
Buyer's Agent
Matt Johnson
Leland Realty
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%
Total Days on Market
14
Current Estimated Value
$160,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,630
Avg. Annual Appreciation
5.38%
Original Mortgage
$130,591
Outstanding Balance
$120,371
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$40,259

Purchase Details

Listed on
Dec 11, 2019
Closed on
Feb 27, 2020
Sold by
Hible Toni L
Bought by
Bingham Jared J
Seller's Agent
Norena Brekke
Leland Realty
List Price
$96,900
Sold Price
$98,900
Premium/Discount to List
$2,000
2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%
Original Mortgage
$97,108
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2016
Sold by
Schafer Stan Stan
Bought by
Hible Toni Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
3.65%

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
Delangel Jessica Del $133,000 None Available
Bingham Jared J $98,900 None Available
Hible Toni Toni $80,000 --
Angel Jessica Jessica $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delangel Jessica Del $130,591
Previous Owner Bingham Jared J $97,108
Previous Owner Hible Toni Toni $79,900
Closed Angel Jessica Jessica $130,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $133,000 -4.9% $107 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $139,900 +41.5% $113 / Sq Ft
02/27/2020 02/27/20 Sold $98,900 +2.1% $86 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $96,900 -- $84 / 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 $1,622 $144,900 $12,900 $132,000
2023 $1,648 $126,000 $12,900 $113,100
2022 $1,584 $128,200 $12,900 $115,300
2021 $1,396 $110,800 $12,900 $97,900
2020 $1,528 $93,500 $9,000 $84,500
2019 $1,272 $80,700 $7,700 $73,000
2018 $1,214 $0 $0 $0
2016 $798 $0 $0 $0
2015 $708 $0 $0 $0
2014 $470 $0 $0 $0
2012 $776 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6086168

NorthstarMLS

APN: 34.036.0480