NOT LISTED FOR SALE

502 Columbus Ave Albert Lea, MN 56007

Estimated Value: $125,000 - $136,000

2 Beds
2 Baths
1,060 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $26,500 $25 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $811/month

19 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2014

Good location for this two bedroom and two bathroom home. Home is in need of interior repairs and updates. Solid foundation, new furnace and water heater, 100 amp electrical service with breakers, and updated windows and aluminum siding. There is a detached two car garage with alley access.

Last Agent to Sell the Property

Matthew Johnson

Leland Realty, Inc. Listed on: 08/21/2014

Last Buyer's Agent

Kisti Skaar

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $553

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,060 Sq Ft Home
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 341803910

Home Details

Home Type

Single Family

Est. Annual Taxes

$553

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.14
  • Assessment Balance: 740.5
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 341803910
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 9x11, On Level: Main
  • Room 2: Bedroom, 9x11, On Level: Second Floor
  • Room 5: Dining Room, 10x11, On Level: Main
  • Room 9: Kitchen, 10x13, On Level: Main
  • Room 12: Living Room, 11x19, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1060
  • Total Fin Square Footage: 1060
  • Total Square Footage: 1780

Exterior Features

  • Frontage Road: Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Aluminum

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 50x120

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2014
  • Tax Value: 553.41

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Oct 3, 2014
Sold by
Johnson Monte Monte
Bought by
Schaub Corey Corey
Seller's Agent
Matthew Johnson
Leland Realty, Inc.
Buyer's Agent
Kisti Skaar
RE/MAX Properties
List Price
$34,900
Sold Price
$26,500
Premium/Discount to List
-$8,400
-24.07%
Current Estimated Value
$130,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,768
Avg. Annual Appreciation
15.31%
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
Schaub Corey Corey $26,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2014 10/06/14 Sold $26,500 -24.1% $25 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $34,900 -- $33 / 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 $1,472 $122,200 $20,600 $101,600
2024 $1,428 $91,300 $8,200 $83,100
2023 $1,382 $91,300 $8,200 $83,100
2022 $1,286 $88,200 $8,200 $80,000
2021 $1,012 $70,100 $8,200 $61,900
2020 $1,008 $54,000 $8,200 $45,800
2019 $896 $48,800 $7,300 $41,500
2018 $878 $0 $0 $0
2016 $840 $0 $0 $0
2015 $554 $0 $0 $0
2014 $1,012 $0 $0 $0
2012 $1,324 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matthew Johnson

    Leland Realty, Inc.

  • K

    Buyer's Agent in 2014

    Kisti Skaar

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4663684

REALTOR® Association of Southern Minnesota

APN: 34.180.3910

Minnesota Freeborn County Albert Lea 56007

502 Columbus Ave, Albert Lea, MN

This home is located at 502 Columbus Ave, Albert Lea, MN 56007 since 21 August 2014 and is currently estimated at $130,268, approximately $122 per square foot. This property was built in 1940. 502 Columbus Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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