NOT LISTED FOR SALE

507 E 8th St Albert Lea, MN 56007

Estimated Value: $110,000 - $123,000

3 Beds
1 Bath
896 Sq Ft
$131/Sq Ft Est. Value

About This Home

This home is located at 507 E 8th St, Albert Lea, MN 56007 and is currently estimated at $117,801, approximately $131 per square foot. 507 E 8th St is a home located in Freeborn County with nearby schools including Halverson Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Miller Kimberly A and Miller Duane L
Bought by
Hummel Seth
Current Estimated Value
$117,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,203
Outstanding Balance
$78,951
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$38,850
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hummel Seth $89,900 Minnesota Secured Title
Hummel Seth Seth $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hummel Seth $87,203
Closed Hummel Seth Seth $87,203
Source: Public Records

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 $1,010 $106,000 $28,600 $77,400
2024 $932 $93,500 $20,400 $73,100
2023 $938 $83,100 $20,400 $62,700
2022 $914 $84,200 $20,400 $63,800
2021 $836 $75,000 $20,400 $54,600
2020 $768 $61,900 $12,100 $49,800
2019 $652 $53,400 $10,400 $43,000
2018 $638 $0 $0 $0
2016 $748 $0 $0 $0
2015 $744 $0 $0 $0
2014 $768 $0 $0 $0
2012 $912 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

507 E 8th St, Albert Lea, MN

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