NOT LISTED FOR SALE

505 Burberry Way Albany, MN 56307

Estimated Value: $256,000 - $270,291

2 Beds
1 Bath
1,016 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $252,500 $249 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,695/month

19 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Front Porch
  • Living Room
  • Dining Room

About This Home

As of October 2023

Take a look at this very well maintained home with so much to offer. Seller purchased this home new and took excellent care of it. This home has been pet free. Basement is all ready to put your finishing touch to it and add instant equity. New Furnace and water heater in 2022. A/C is also newer. New siding in 2017, and new roof is being installed this fall. Enjoy the private backyard and all Albany has to offer!

Last Agent to Sell the Property

Steven Merten

Coldwell Banker Realty Listed on: 08/23/2023

Coldwell Banker Realty

Co-Listed By

Melissa Welsh

Coldwell Banker Realty

Last Buyer's Agent

Kathryn Stangler

Ashworth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 2003

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 192x105x150x63

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • 1,016 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Front Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • The Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40253530014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,092

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1016
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 38x32x38x22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1016
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Dining Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 430

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island

Schools

  • Junior High Dist: Albany
  • SchoolDistrictNumber: 745
  • SchoolDistrictPhone: 320-845-2171

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 192x105x150x63
  • Lot Size Sq Ft: 13503.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 40253530014
  • Tax Annual Amount: 2092
  • TaxWithAssessments: 2092.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 5, 2023
Sold by
Schramel Lisa
Bought by
Sprenger Robert and Sprenger Gregory Christen
Seller's Agent
Steven Merten
Coldwell Banker Realty
Buyer's Agent
Kathryn Stangler
Ashworth Real Estate
List Price
$267,500
Sold Price
$252,500
Premium/Discount to List
-$15,000
-5.61%
Views
34
Current Estimated Value
$263,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,323
Avg. Annual Appreciation
1.80%
Original Mortgage
$250,005
Outstanding Balance
$245,636
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$15,309

Purchase Details

Closed on
Nov 7, 2003
Sold by
Lumber One Avon Inc
Bought by
Schramel Lisa

Purchase Details

Closed on
Sep 18, 2003
Sold by
Lumber One Development Company
Bought by
Lumber One Avon Inc
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
Sprenger Robert $252,500 --
Schramel Lisa $135,100 --
Lumber One Avon Inc $24,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprenger Robert $250,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $252,500 -2.7% $249 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/27/2023 08/27/23 Price Changed $259,500 -3.0% $255 / Sq Ft
08/23/2023 08/23/23 For Sale $267,500 -- $263 / 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
2025 $2,850 $237,000 $36,300 $200,700
2024 $2,850 $212,300 $36,300 $176,000
2023 $2,522 $202,900 $35,500 $167,400
2022 $2,092 $172,500 $31,800 $140,700
2021 $1,990 $172,500 $31,800 $140,700
2020 $1,796 $162,100 $31,800 $130,300
2019 $1,802 $150,000 $31,800 $118,200
2018 $1,678 $137,800 $31,800 $106,000
2017 $1,558 $119,300 $31,800 $87,500
2016 $1,430 $0 $0 $0
2015 $1,382 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6422430

NorthstarMLS

APN: 40.25353.0014