NOT LISTED FOR SALE

506 Saint Peter Ave Albert Lea, MN 56007

Estimated Value: $76,000 - $113,463

2 Beds
2 Baths
988 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $87,000 $88 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $530/month

9 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Privacy Fence
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Cute inside and out! Nice two bedroom, two bath ranch style with partially finished basement. New privacy fence in the back yard is perfect for entertaining or enjoying some quiet time. Take a stroll through the 3D tour or call for a private showing!

Last Agent to Sell the Property

Heather Allen

Leland Realty Listed on: 09/09/2024

Co-Listed By

Matt Johnson

Leland Realty

Last Buyer's Agent

Asia Thostenson

Realty ONE Group Black Diamond

Realty ONE Group Black Diamond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $859

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 50x120
  • Privacy Fence

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1-Story Property
  • Range
  • Washer and Dryer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 341805700

Home Details

Home Type

Single Family

Est. Annual Taxes

$859

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1937
  • Above Grade Finished Sq Ft: 676
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Appliances: Range
  • Living Area: 988
  • Fireplace: No
  • Below Grade Finished Sq Ft: 312
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Fencing: Privacy

Garage/Parking

  • Parking Features: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Washer/Dryer Hookup

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 5073794800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50X120
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 341805700
  • Tax Annual Amount: 859.26
  • TaxWithAssessments: 1652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 9, 2024
Sold by
Lane Julian
Bought by
Enger Carter
Seller's Agent
Heather Allen
Leland Realty
Buyer's Agent
Asia Thostenson
Realty ONE Group Black Diamond
List Price
$84,900
Sold Price
$87,000
Premium/Discount to List
$2,100
2.47%
Views
37
Current Estimated Value
$91,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,616
Avg. Annual Appreciation
4.06%
Original Mortgage
$84,390
Outstanding Balance
$83,503
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$8,113

Purchase Details

Closed on
Oct 14, 2021
Sold by
Hall Roger C and Hall Dawn
Bought by
Lane Natalie

Purchase Details

Closed on
Jul 11, 2011
Sold by
Hall Andrea N
Bought by
Hall Roger C

Purchase Details

Closed on
Jun 24, 2011
Sold by
Wells Fargo Financial Minnesota Inc
Bought by
Hall Andrea N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Enger Carter $87,000 --
Lane Natalie $52,000 None Available
Hall Roger C -- --
Hall Andrea N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enger Carter $84,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $87,000 +2.5% $88 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $84,900 -- $86 / 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 $648 $84,700 $20,600 $64,100
2024 $1,652 $57,600 $8,200 $49,400
2023 $1,656 $57,600 $8,200 $49,400
2022 $1,658 $56,800 $8,200 $48,600
2021 $820 $45,700 $8,200 $37,500
2020 $830 $43,900 $8,200 $35,700
2019 $494 $39,600 $7,300 $32,300
2018 $484 $0 $0 $0
2016 $390 $0 $0 $0
2015 $386 $0 $0 $0
2014 $410 $0 $0 $0
2012 $566 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6598123

NorthstarMLS

APN: 34.180.5700