NOT LISTED FOR SALE

431 Lakeview Blvd Albert Lea, MN 56007

Estimated Value: $385,114 - $532,000

5 Beds
4.5 Baths
3,020 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 08, 2014

Last sale price $179,000 $59 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,780/month

48 Days on Market

Highlights

  • Docks
  • Formal Dining Room
  • Woodwork
  • Wood Flooring
  • 3 Car Detached Garage
  • Patio

About This Home

As of July 2014

Arts & Craft style home provides traditional living featuring original unpainted woodwork, spacious living room with gas fireplace, grand dining room with built in hutch, front sun room overlooking Fountain Lake and sleeping porch on the second floor.

Last Agent to Sell the Property

Bill Leland

Leland Realty, Inc. Listed on: 04/23/2014

Last Buyer's Agent

Steven Lehner

Leland Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,096

Year Built

  • 1914

Lot Details

  • 0.28 Acre Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,020 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Walkup Attic

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Docks
  • Patio

Utilities

  • Central Air
  • Gas Water Heater
  • Water Softener Leased

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 341180060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,096

Year Built

1914

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-up Attic, Washer/Dryer Hookups
  • Amenities Exterior: Dock, Patio
  • Estimated Number of Acres: 0.28
  • Assessment Balance: 400
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas, Water Softener-Rented
  • Parcel Number: 341180060
  • Property Adjoins Public Land: Yes
  • Room 18: Sunroom/Solarium, 10x25, On Level: Second Floor
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Boulevard
  • Taxes With Assessments: 3514
  • Special Features: Auction
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Bedroom, 13x13, On Level: Second Floor
  • Room 2: Bedroom, 9x12, On Level: Second Floor
  • Room 3: Bedroom, 10x12, On Level: Second Floor
  • Room 5: Dining Room, 9x16, On Level: Main
  • Room 9: Kitchen, 11x14, On Level: Main
  • Room 12: Living Room, 16x19, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 3020
  • Total Fin Square Footage: 3020
  • Total Square Footage: 4008

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Waterfront Name: Fountain
  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: .28 ac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Owens Michael Michael
Bought by
Murray Jonathan Jonathan
Current Estimated Value
$444,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jul 1, 2014
Bought by
Owens Michael Michael
Seller's Agent
Bill Leland
Leland Realty, Inc.
Buyer's Agent
Steven Lehner
Leland Realty, Inc.
List Price
$184,900
Sold Price
$179,000
Premium/Discount to List
-$5,900
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$170,500
Interest Rate
4.14%

Purchase Details

Closed on
Jan 29, 2014
Sold by
James J James J and Hendrickson Mary L
Bought by
Associated Bank
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 Buyer Sale Price Title Company
Murray Jonathan Jonathan $245,000 --
Murray Jonathan $245,000 None Available
Owens Michael Michael $179,000 --
Associated Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Jonathan $232,750
Closed Murray Jonathan Jonathan $244,500
Previous Owner Owens Michael Michael $170,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2014 07/08/14 Sold $179,000 -3.2% $59 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $184,900 -- $61 / 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 $5,096 $339,200 $122,500 $216,700
2024 $5,076 $335,500 $122,500 $213,000
2023 $4,656 $335,500 $122,500 $213,000
2022 $4,078 $299,400 $98,000 $201,400
2021 $4,020 $237,200 $98,000 $139,200
2020 $2,774 $167,100 $73,500 $93,600
2019 $2,616 $159,600 $73,500 $86,100
2018 $2,652 $0 $0 $0
2016 $2,792 $0 $0 $0
2015 $3,492 $0 $0 $0
2014 $3,514 $0 $0 $0
2012 $4,258 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4610166

REALTOR® Association of Southern Minnesota

APN: 34.118.0060