$240,000
SOLD MAR 14, 2025

421 E 4th St Albert Lea, MN 56007

4 Beds
2.5 Baths
2,382 Sq Ft
9,714 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

7% Above List Price

60 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Frank Hall Park
  • Covered Patio or Porch

About This Home

As of March 2025

Another Charles Merritt homes must see ! This 4 bed 2 1/2 bath has been completely remodeled and has over 2382 sq ft.
Main floor features an owners suite with walk in closet, linen closet.
Dbl bowl vanity , whirlpool tub and 5ft shower!
Over sized kitchen with island and SS appliances . Huge dinning room, spacious living room, main floor laundry .
All new flooring, Lights , Kit. Cabinets and top.
Upstairs has 3 large bedrooms and full bath.
Steps that lead to a walk up attic for lots of storage. Big front porch and corner lot.
This home is loaded.

Last Agent to Sell the Property

Dan Reese

Dan Reese Realty Listed on: 01/01/2025

Last Buyer's Agent

Bryan Ner

Partners Realty Inc.

Partners Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1905

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • 1 Car Garage

Interior Spaces

  • 2,382 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Halls Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340332540

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,359

Year Built

Built in 1905

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: 1905
  • Above Grade Finished Sq Ft: 2382
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Unfinished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 2382
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Covered

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 336
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Washer/Dryer Hookup,Walk-Up Attic

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x100
  • Lot Size Sq Ft: 9713.88
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 340332540
  • Tax Annual Amount: 1359
  • TaxWithAssessments: 1786.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Mar 14, 2025
Sold by
Merritt Jay and Merritt Cheryl
Bought by
Moo Jasmine and Loh Lo
Seller's Agent
Dan Reese
Dan Reese Realty
Buyer's Agent
Bryan Ner
Partners Realty Inc.
List Price
$224,900
Sold Price
$240,000
Premium/Discount to List
$15,100
6.71%
Views
73
Current Estimated Value
$214,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,925
Avg. Annual Appreciation
-17.93%
Original Mortgage
$235,653
Outstanding Balance
$234,866
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$18,299

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 24, 2024
Sold by
Springboard Cdfi 2023-4 Lp
Bought by
Merritt Jay and Merritt Cheryl
Seller's Agent
Josh Harmdierks
Unique Realty
Buyer's Agent
Dan Reese
Dan Reese Realty
List Price
$84,900
Sold Price
$86,000
Premium/Discount to List
$1,100
1.3%
Views
192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
285.89%

Purchase Details

Closed on
Apr 2, 2024
Sold by
Cdfi Springboard
Bought by
Springboard Cdfi 2023-4 Lp

Purchase Details

Closed on
Feb 6, 2024
Sold by
Freedom Mortgage Corpation
Bought by
Cdfi Springboard

Purchase Details

Closed on
May 29, 2015
Sold by
Carroll Stanley Stanley
Bought by
Dewitt Ruth Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
3.87%

Purchase Details

Closed on
Mar 16, 2011
Sold by
Beneficial Loan And Thrift Company
Bought by
Carroll Stanley D and Carroll Linda

Purchase Details

Closed on
Dec 22, 2010
Sold by
Chamberlain Fred L and Chamberlain Barbara J
Bought by
Beneficial Loan And Thrift Co
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $240,000 --
Deed $86,000 --
Deed $1 --
Deed $53,281 --
Deed $75,000 --
Limited Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,653 New Conventional
Previous Owner $74,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $240,000 +6.7% $101 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $224,900 +161.5% $94 / Sq Ft
06/10/2024 06/10/24 Sold $86,000 +1.3% $36 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $84,900 -- $36 / 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
2025 $2,058 $243,500 $26,700 $216,800
2024 $1,786 $129,500 $19,100 $110,400
2023 $1,434 $113,700 $19,100 $94,600
2022 $1,380 $115,000 $19,100 $95,900
2021 $1,228 $100,000 $19,100 $80,900
2020 $1,112 $85,500 $13,300 $72,200
2019 $888 $73,800 $11,400 $62,400
2018 $856 $0 $0 $0
2016 $1,688 $0 $0 $0
2015 $1,404 $0 $0 $0
2014 $1,450 $0 $0 $0
2012 $1,964 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6655580

NorthstarMLS

APN: 34.033.2540