NOT LISTED FOR SALE

406 E 4th St Albert Lea, MN 56007

Estimated Value: $86,000 - $164,000

2 Beds
1 Bath
704 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $80,500 $114 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $695/month

4 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property

About This Home

As of August 2022

Check out this 2 bedroom 1 bath home. Kitchen was recently renovated. Newer appliances and mechanicals. Close to parks and city pool. House is move in ready for you to enjoy!

Last Listed By

Shannon Bordeaux

Realty ONE Group Black Diamond Listed on: 04/29/2022

Realty ONE Group Black Diamond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132

Parking

  • 1 Car Garage

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340360400

Home Details

Home Type

Single Family

Est. Annual Taxes

$566

Year Built

Built in 1930

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: 1930
  • Above Grade Finished Sq Ft: 704
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 704
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 1408.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached, Shared Driveway
  • Garage Square Feet: 216

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Porch

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 33x132
  • Lot Size Sq Ft: 4356
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 340360400
  • Tax Annual Amount: 566
  • TaxWithAssessments: 620.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Aug 1, 2022
Sold by
Vandersyde Margaret
Bought by
Lms Rentals Llc A Limiated Liability Com
Seller's Agent
Shannon Bordeaux
Realty ONE Group Black Diamond
Buyer's Agent
Mandy Fredrickson
Edge Real Estate Services
List Price
$82,500
Sold Price
$80,500
Premium/Discount to List
-$2,000
-2.42%
Total Days on Market
4
Current Estimated Value
$108,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,586
Avg. Annual Appreciation
5.78%
Original Mortgage
$75,000
Outstanding Balance
$72,493
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$21,512

Purchase Details

Closed on
Mar 9, 2021
Sold by
Vandersyde Diane
Bought by
Vandersyde Margaret

Range of Values:

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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
Lms Rentals Llc A Limiated Liability Com $80,500 --
Vandersyde Margaret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lms Rentals Llc A Limiated Liability Com $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $80,500 -2.4% $114 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $82,500 -- $117 / 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 $1,152 $83,600 $8,300 $75,300
2023 $628 $72,800 $8,300 $64,500
2022 $620 $57,600 $8,300 $49,300
2021 $630 $49,400 $8,300 $41,100
2020 $598 $47,200 $5,800 $41,400
2019 $506 $40,700 $5,000 $35,700
2018 $486 $0 $0 $0
2016 $412 $0 $0 $0
2015 $402 $0 $0 $0
2014 $410 $0 $0 $0
2012 $486 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6187450

NorthstarMLS

APN: 34.036.0400