NOT LISTED FOR SALE

423 Ridge Rd Albert Lea, MN 56007

Estimated Value: $264,000 - $309,000

4 Beds
2.5 Baths
2,426 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $200,000 $82 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,889/month

62 Days on Market

Highlights

  • 2 Car Attached Garage
  • Wood Siding
  • Gas Fireplace
  • Baseboard Heating

About This Home

As of October 2021

Four bedroom and two and one half bath. New windows installed in 2007. New roof in 2010.

Last Listed By

Steven Koleno

Beycome Brokerage Realty LLC Listed on: 07/17/2021

Beycome Brokerage Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1967

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • Shoreland Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341352880

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,569

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Wall, Window
  • Outside Features: Other, Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1967
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1213.00
  • Above Grade Finished Area Search: 1213.00
  • Above Grade Finished Sq Ft: 1213.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1213.00
  • Below Grade Total Sq Ft: 1213.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area: 440.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 18635
  • Listing Organization: Iowa
  • Living Area Finished: 2426.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1213.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 341352880
  • Rental License: No
  • Stories Type: Two
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Other
  • Appliances: Other
  • Fireplace Features: Gas Burning, Living Room
  • Living Area: 2426.00
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1213.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Unspecified Shingle
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Baseboard, Other
  • Sewer: City Sewer/Connected

Schools

  • School District: 241 - Albert Lea
  • School District Phone: 507-379-4800

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 2426
  • Homestead: No
  • Lot Size Acres: 0.3010
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SHORELAND HEIGHTS LOT-003 BLOCK-017 LOT 3 BLK 17 SHORELAND HEIGHTS
  • Tax Amount: 3569.00
  • Tax Year: 2020
  • Tax With Assessments: 4384.00
  • Assessor Parcel Number: 341352880

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 241 - Albert Lea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Oct 8, 2021
Sold by
Ackland Mark Wayne and Ackland Julie Diane
Bought by
Smith Warren and Smith Bonnie M
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
Jennifer Tolbers
RE/MAX Properties
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Total Days on Market
62
Current Estimated Value
$284,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,067
Avg. Annual Appreciation
10.21%
Original Mortgage
$160,000
Outstanding Balance
$147,479
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,588

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

Listed on
Sep 13, 2017
Closed on
Jun 8, 2018
Sold by
Anderson Craig Craig
Bought by
Mayes Levi Levi
Seller's Agent
Dawn Swalve
Coldwell Banker River Valley, REALTORS
List Price
$239,900
Sold Price
$184,500
Premium/Discount to List
-$55,400
-23.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$183,500
Interest Rate
4.5%

Range of Values:

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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
Previous Owner Mayes Levi R $172,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $200,000 -2.4% $82 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $205,000 -2.4% $85 / Sq Ft
07/17/2021 07/17/21 For Sale $210,000 +13.8% $87 / Sq Ft
06/05/2018 06/05/18 Sold $184,500 -23.1% $60 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
09/13/2017 09/13/17 For Sale $239,900 -- $77 / 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
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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST6027117

NorthstarMLS

APN: 34.135.2880