NOT LISTED FOR SALE

423 Ridge Rd Albert Lea, MN 56007

Estimated Value: $287,221 - $338,000

4 Beds
3 Baths
2,426 Sq Ft
$126/Sq Ft Est. Value

About This Home

This home is located at 423 Ridge Rd, Albert Lea, MN 56007 and is currently estimated at $305,055, approximately $125 per square foot. 423 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
Oct 8, 2021
Sold by
Ackland Mark Wayne and Ackland Julie Diane
Bought by
Smith Warren and Smith Bonnie M
Current Estimated Value
$305,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$145,905
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$159,150

Purchase Details

Closed on
May 13, 2020
Bought by
Ackland Mark Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.26%

Purchase Details

Closed on
Jun 8, 2018
Sold by
Anderson Craig Craig
Bought by
Mayes Levi Levi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
4.5%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Smith Warren $200,000 Minnesota Secured Title
Ackland Mark Mark $126,000 --
Mayes Levi Levi $184,500 --
Mayes Levi R $184,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Warren $160,000
Previous Owner Ackland Mark Mark --
Previous Owner Mayes Levi Levi $183,500
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
2025 $4,020 $320,200 $30,500 $289,700
2024 $3,684 $275,800 $30,500 $245,300
2023 $3,850 $254,500 $30,500 $224,000
2022 $3,322 $265,100 $30,500 $234,600
2021 $3,702 $202,500 $30,500 $172,000
2020 $4,384 $201,700 $30,500 $171,200
2019 $3,142 $193,500 $28,500 $165,000
2018 $3,416 $0 $0 $0
2016 $3,140 $0 $0 $0
2015 $2,990 $0 $0 $0
2014 $2,806 $0 $0 $0
2012 $2,636 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

423 Ridge Rd, Albert Lea, MN

This home is located at 423 Ridge Rd, Albert Lea, MN 56007 and is currently estimated at $305,055, approximately $125 per square foot. 423 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.

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