NOT LISTED FOR SALE

502 Mill Way St Albert Lea, MN 56007

Estimated Value: $61,000 - $91,377

2 Beds
1.5 Baths
846 Sq Ft
$86/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $11,900 $14 Per Sq Ft

Est. 512% increase in value since last sale

Current estimated payment $446/month

52 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 5-minute walk to Central Territorial
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of January 2013

Cute 2 bedroom/2 bath home at an affordable price! Convenient walk out basement with fireplace in the family room. Newer furnace. Permanent siding in a quiet location on a corner lot. Sold AS IS. Days on market requirements apply. Buyers agent to verify all information.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $496

Year Built

  • 1952

Lot Details

  • 3,485 Sq Ft Lot
  • Irregular Lot

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 340100010

Home Details

Home Type

Single Family

Est. Annual Taxes

$496

Year Built

1952

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.08
  • Parcel Number: 340100010
  • Stories: 1 Story
  • Taxes With Assessments: 408
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 10x7, On Level: Main
  • Room 2: Bedroom, 14x7, On Level: Main
  • Room 6: Family Room, 16x9, On Level: Lower
  • Room 9: Kitchen, 16x8, On Level: Main
  • Room 12: Living Room, 16x9, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 702
  • Below Grade Finished Sq Ft: 144
  • Total Fin Square Footage: 846
  • Total Square Footage: 1404

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Flat

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 3350 sq ft
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Nc Real Estate Llc
Bought by
Cintron Miladys R
Current Estimated Value
$72,844

Purchase Details

Listed on
Nov 6, 2012
Closed on
Jan 14, 2013
Sold by
Wells Fargo Bank
Bought by
Nc Real Estate Llc
List Price
$14,000
Sold Price
$11,900
Premium/Discount to List
-$2,100
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
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 Buyer Sale Price Title Company
Cintron Miladys R -- None Available
Nc Real Estate Llc -- Land Title Inc
Rivera Cintron Miladys Miladys $35,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2013 01/17/13 Sold $11,900 -15.0% $14 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $14,000 -- $17 / 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
2024 $496 $44,100 $2,500 $41,600
2023 $400 $43,300 $2,500 $40,800
2022 $714 $34,300 $2,500 $31,800
2021 $670 $37,600 $2,500 $35,100
2020 $678 $35,300 $2,500 $32,800
2019 $570 $30,200 $2,300 $27,900
2018 $512 $0 $0 $0
2016 $416 $0 $0 $0
2015 $402 $0 $0 $0
2014 $410 $0 $0 $0
2012 $408 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4415713

REALTOR® Association of Southern Minnesota

APN: 34.010.0010

Minnesota Freeborn County Albert Lea 56007

502 Mill Way St, Albert Lea, MN

This home is located at 502 Mill Way St, Albert Lea, MN 56007 since 06 November 2012 and is currently estimated at $72,844, approximately $86 per square foot. This property was built in 1952. 502 Mill Way St is a home located in Freeborn County with nearby schools including Lakeview 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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