$77,500
SOLD SEP 9, 2024

423 W College St Albert Lea, MN 56007

2 Beds
1 Bath
972 Sq Ft
3,572 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Central Territorial
  • Stainless Steel Appliances
  • Combination Dining and Living Room

About This Home

As of September 2024

Welcome to this charming 2-bedroom, 1-bath home bursting with character and ready for you to move right in! The home has one bedroom and one full bath on the main floor. You will find the large primary bedroom on the second floor. Downstairs, the unfinished basement is a blank slate waiting for your personal touch, offering a great opportunity to boost the home's value. Recent updates have given this home afresh, modern feel, with a remodeled kitchen and new appliances, a new roof, fresh paint on the exterior, and new LVP flooring—all completed in 2022. Plus, the furnace and water heater are brand new! For the full list of updates, check out the supplements. Don't wait to see this home, it could be exactly what you've been waiting for.

Last Agent to Sell the Property

Danielle Moldenhauer

Keller Williams Premier Realty Lake Minnetonka Listed on: 08/09/2024

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Elisha Simerson

Real Broker, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1940

Lot Details

  • 3,572 Sq Ft Lot
  • Lot Dimensions are 40x90

Parking

  • 1 Car Garage

Interior Spaces

  • 972 Sq Ft Home
  • 1.5-Story Property
  • Combination Dining and Living Room
  • Unfinished Basement

Kitchen

  • Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Morins Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340070960

Home Details

Home Type

Single Family

Est. Annual Taxes

$714

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 972
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 972
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 972.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 40x90
  • Lot Size Sq Ft: 3571.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 340070960
  • Tax Annual Amount: 714
  • TaxWithAssessments: 874.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Sep 9, 2024
Sold by
Aj Properties Of Minnesota Llc
Bought by
Gedicke Robert and Gedicke Amy
Seller's Agent
Danielle Moldenhauer
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Elisha Simerson
Real Broker, LLC.
List Price
$80,000
Sold Price
$77,500
Premium/Discount to List
-$2,500
-3.12%
Views
20
Current Estimated Value
$79,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,877
Avg. Annual Appreciation
0.72%
Original Mortgage
$62,000
Outstanding Balance
$61,622
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$16,312

Purchase Details

Closed on
May 16, 2022
Sold by
Lopez Yamilla
Bought by
Aj Properties Of Minnesota Llc
Source: Public Records

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Range of Values:

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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 $77,500 --
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $62,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $77,500 -3.1% $80 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $80,000 -- $82 / 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 $874 $53,700 $4,100 $49,600
2023 $714 $47,900 $4,100 $43,800
2022 $1,068 $38,100 $4,100 $34,000
2021 $1,034 $40,600 $4,100 $36,500
2020 $1,042 $37,700 $4,100 $33,600
2019 $1,028 $37,300 $3,800 $33,500
2018 $984 $0 $0 $0
2016 $902 $0 $0 $0
2015 $500 $0 $0 $0
2014 $502 $0 $0 $0
2012 $484 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6583504

NorthstarMLS

APN: 34.007.0960