NOT LISTED FOR SALE

406 Channel Rd Albert Lea, MN 56007

Estimated Value: $488,000 - $609,000

4 Beds
5 Baths
5,408 Sq Ft
$103/Sq Ft Est. Value

About This Home

This home is located at 406 Channel Rd, Albert Lea, MN 56007 and is currently estimated at $556,650, approximately $102 per square foot. 406 Channel Rd is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Olson Corbyn J and Olson Matthew S
Bought by
Theuer Allen G and Theuer Mary C
Current Estimated Value
$556,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,300
Outstanding Balance
$341,251
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$215,399

Purchase Details

Closed on
Oct 30, 2017
Sold by
Grothe Nancy Nancy
Bought by
Olson Matthew Matthew and Olson Corbyn Corbyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
3.78%

Purchase Details

Closed on
Jul 25, 2012
Sold by
Christensen Lorraine J
Bought by
Grothe Nancy A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Theuer Allen G $390,000 None Available
Olson Matthew Matthew $270,000 --
Olson Matthew S $270,000 None Available
Grothe Nancy A -- --
Christensen Lorraine J -- --
Theuer Allen Allen $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theuer Allen G $383,300
Previous Owner Olson Matthew Matthew $269,500
Closed Theuer Allen Allen $387,000
Source: Public Records

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 $7,714 $614,700 $59,300 $555,400
2024 $7,644 $498,900 $59,300 $439,600
2023 $6,752 $506,500 $59,300 $447,200
2022 $6,324 $442,000 $59,300 $382,700
2021 $5,104 $361,000 $59,300 $301,700
2020 $5,496 $289,500 $59,300 $230,200
2019 $5,474 $289,500 $59,300 $230,200
2018 $6,840 $0 $0 $0
2016 $6,410 $0 $0 $0
2015 $6,300 $0 $0 $0
2014 $6,670 $0 $0 $0
2012 $6,342 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

406 Channel Rd, Albert Lea, MN

This home is located at 406 Channel Rd, Albert Lea, MN 56007 and is currently estimated at $556,650, approximately $102 per square foot. 406 Channel Rd is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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