408 Ridge Rd Albert Lea, MN 56007
Estimated Value: $361,000 - $449,000
4
Beds
4
Baths
3,592
Sq Ft
$115/Sq Ft
Est. Value
About This Home
This home is located at 408 Ridge Rd, Albert Lea, MN 56007 and is currently estimated at $412,332, approximately $114 per square foot. 408 Ridge 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
Jul 8, 2022
Sold by
Janisch Adam and Janisch Jessica
Bought by
Tomlinson Brian and Tomlinson Allyssa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$347,286
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$65,046
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tomlinson Brian | $365,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tomlinson Brian | $365,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,694 | $435,200 | $29,100 | $406,100 |
| 2024 | $5,208 | $376,900 | $29,100 | $347,800 |
| 2023 | $4,880 | $349,500 | $29,100 | $320,400 |
| 2022 | $4,798 | $329,100 | $29,100 | $300,000 |
| 2021 | $4,850 | $280,400 | $29,100 | $251,300 |
| 2020 | $4,790 | $278,400 | $29,100 | $249,300 |
| 2019 | $4,524 | $266,400 | $27,200 | $239,200 |
| 2018 | $4,064 | $0 | $0 | $0 |
| 2016 | $4,346 | $0 | $0 | $0 |
| 2015 | $4,086 | $0 | $0 | $0 |
| 2014 | $4,002 | $0 | $0 | $0 |
| 2012 | $3,598 | $0 | $0 | $0 |
Source: Public Records
Map
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