NOT LISTED FOR SALE

410 Pillsbury Ave Albert Lea, MN 56007

Estimated Value: $76,000 - $120,000

4 Beds
2 Baths
975 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $15,000 $15 Per Sq Ft

Est. 524% increase in value since last sale

Current estimated payment $541/month

30 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of June 2014

Currently rented, good investment property.

Last Agent to Sell the Property

Bill Leland

Leland Realty, Inc. Listed on: 04/22/2014

Last Buyer's Agent

Tom Strehlow

Leland Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 51x143

Parking

  • Gravel Driveway

Home Design

  • 975 Sq Ft Home
  • Duplex
  • Frame Construction
  • Concrete Fiber Board Siding

Kitchen

  • Eat-In Kitchen
  • Range

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Ground Level
  • Upper Level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Units
  • Gross Income $1,677

Listing and Financial Details

  • Tenant pays for electric, lawn, snow, trash, water/sewer
  • The owner pays for maint/repair
  • Assessor Parcel Number 341804730

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 341804730
  • Rental License: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Estimated Number of Acres: 0.17
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 975
  • Total Fin Square Footage: 975
  • Total Square Footage: 1625

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

  • Number Off Street Parking: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 51x143

Rental Info

  • Owner Expense: Maint/Repair
  • Tenant Expense: Electric, Lawn, Snow, Trash, Water/Sewer

Building Info

  • Year Built: 1920

Multi Family

  • Est Annual Gross Expense: 4213
  • Est Annual Gross Income: 1677

Tax Info

  • Year: 2014
  • Tax Value: 386

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2017
Sold by
Overstreet Dwight Dwight
Bought by
Clark Wayne Wayne and Clark Adam Adam
Current Estimated Value
$93,555

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jun 20, 2014
Bought by
Overstreet Dwight Dwight
Seller's Agent
Bill Leland
Leland Realty, Inc.
Buyer's Agent
Tom Strehlow
Leland Realty, Inc.
List Price
$20,000
Sold Price
$15,000
Premium/Discount to List
-$5,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Original Mortgage
$14,500
Interest Rate
4.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clark Wayne Wayne $32,500 --
Clark Wayne A $32,500 Partners Title Llc
Overstreet Dwight Dwight $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Overstreet Dwight Dwight $14,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $15,000 -25.0% $15 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $20,000 -- $21 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $602 $49,300 $8,200 $41,100
2024 $554 $34,800 $8,200 $26,600
2023 $644 $32,700 $8,200 $24,500
2022 $560 $38,800 $8,200 $30,600
2021 $374 $28,800 $8,200 $20,600
2020 $404 $19,800 $8,200 $11,600
2019 $244 $17,800 $7,300 $10,500
2018 $232 $0 $0 $0
2016 $256 $0 $0 $0
2015 $256 $0 $0 $0
2014 $386 $0 $0 $0
2012 $590 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bill Leland

    Leland Realty, Inc.

  • T

    Buyer's Agent in 2014

    Tom Strehlow

    Leland Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4606178

REALTOR® Association of Southern Minnesota

APN: 34.180.4730

Minnesota Freeborn County Albert Lea 56007

410 Pillsbury Ave, Albert Lea, MN

Not Listed for Sale

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