NOT LISTED FOR SALE

407 407 Main St W Albert Lea, MN 56007

Estimated Value: $86,000 - $249,000

4 Beds
3 Baths
3,126 Sq Ft
$48/Sq Ft Est. Value

About This Home

This home is located at 407 407 Main St W, Albert Lea, MN 56007 and is currently estimated at $149,927, approximately $47 per square foot. 407 407 Main St W 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
Oct 6, 2023
Sold by
Cords Chris
Bought by
Borum Andrew and Borum Amber
Current Estimated Value
$149,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,375
Outstanding Balance
$73,271
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$50,019

Purchase Details

Closed on
Oct 1, 2013
Sold by
Brown Crawford R and Brown Marilee
Bought by
Cords Chris and Hensche Barbara
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Borum Andrew $87,500 --
Cords Chris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borum Andrew $74,375
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
2024 $1,426 $126,200 $4,700 $121,500
2023 $1,108 $113,800 $4,700 $109,100
2022 $1,420 $94,700 $4,700 $90,000
2021 $1,252 $102,100 $4,700 $97,400
2020 $1,252 $92,900 $4,700 $88,200
2019 $1,036 $82,500 $4,300 $78,200
2018 $890 $0 $0 $0
2016 $750 $0 $0 $0
2015 $732 $0 $0 $0
2014 $738 $0 $0 $0
2012 $1,298 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

407 407 Main St W, Albert Lea, MN

This home is located at 407 407 Main St W, Albert Lea, MN 56007 and is currently estimated at $149,927, approximately $47 per square foot. 407 407 Main St W 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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