NOT LISTED FOR SALE

506 Wayside Ave Albert Lea, MN 56007

Estimated Value: $176,000 - $197,000

3 Beds
1.5 Baths
1,484 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $92,000 $62 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,141/month

168 Days on Market

Highlights

  • Heated Floors
  • 3 Car Detached Garage
  • Eat-In Kitchen
  • Deck
  • Skylights
  • Woodwork

About This Home

As of November 2013

There is NO work to do here! Pretty 3 bedroom home with an awesome garage. Home is all updated and in move in condition. Great kitchen, with attractive counter tops and ceramic tile, full bathroom with ceramic tile, finished basement, nice laundry room, newer furnace and central air. 2 to 3 car Garage is 864 sq ft with in floor heat, a walk up attic with storage & great entertaining space!

Last Agent to Sell the Property

Emelie Paulson

RE/MAX Properties Listed on: 04/16/2013

Last Buyer's Agent

Jan Mattson

Leland Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x112
  • Partially Fenced Property

Home Design

  • Frame Construction
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Skylights

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Disposal

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Detached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 342370470

Home Details

Home Type

Single Family

Year Built

1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Natural Woodwork, Skylight, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Partial
  • Estimated Number of Acres: 0.13
  • Mechanicals: Sump Pump
  • Parcel Number: 342370470
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 13x9, On Level: Main
  • Room 2: Bedroom, 11x11, On Level: Main
  • Room 3: Bedroom, 10x14, On Level: Lower
  • Room 6: Family Room, 12x20, On Level: Lower
  • Room 9: Kitchen, 15x14, On Level: Main
  • Room 12: Living Room, 16x11, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 784
  • Below Grade Finished Sq Ft: 700
  • Total Fin Square Footage: 1484
  • Total Square Footage: 1568

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50x112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2013
Closed on
Nov 18, 2013
Sold by
Attig Jacqueline M and Montag Jacqueline M
Bought by
Wah Ler
Seller's Agent
Emelie Paulson
RE/MAX Properties
Buyer's Agent
Jan Mattson
Leland Realty, Inc.
List Price
$109,900
Sold Price
$92,000
Premium/Discount to List
-$17,900
-16.29%
Current Estimated Value
$186,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,779
Avg. Annual Appreciation
6.06%
Original Mortgage
$88,929
Outstanding Balance
$65,036
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$123,328
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wah Ler -- Minnesota Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wah Ler $88,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2013 11/18/13 Sold $92,000 -16.3% $62 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $109,900 -- $74 / 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 $2,088 $171,700 $14,300 $157,400
2024 $1,960 $159,200 $14,300 $144,900
2023 $2,020 $147,100 $14,300 $132,800
2022 $1,682 $151,300 $10,000 $141,300
2021 $1,504 $115,900 $10,000 $105,900
2020 $1,436 $102,500 $8,600 $93,900
2019 $1,102 $85,900 $7,100 $78,800
2018 $1,062 $0 $0 $0
2016 $730 $0 $0 $0
2015 $498 $0 $0 $0
2014 $446 $0 $0 $0
2012 $796 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4463462

REALTOR® Association of Southern Minnesota

APN: 34.237.0470