NOT LISTED FOR SALE

508 Tower Place Albert Lea, MN 56007

Estimated Value: $181,000 - $214,000

3 Beds
2 Baths
2,000 Sq Ft
$99/Sq Ft Est. Value

About This Home

This home is located at 508 Tower Place, Albert Lea, MN 56007 and is currently estimated at $198,100, approximately $99 per square foot. 508 Tower Place is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Gonsalves Jennifer K
Bought by
Ozburn Gary Ray and Ozburn Mary Frances
Current Estimated Value
$198,100

Purchase Details

Closed on
May 1, 2019
Sold by
Gilbertson Chad A and Gilbertson Brielle J
Bought by
Gonsalves Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2017
Sold by
Johnson Nickolaus Nickolaus
Bought by
Gilbertson Brielle and Gilbertson Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,105
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ozburn Gary Ray $137,500 North American Title Co
Gonsalves Jennifer K $130,000 None Available
Gilbertson Brielle $115,900 --
Gilbertson Brielle J $115,900 Partners Title Llc
Ozburn Gary Gary $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonsalves Jennifer K $104,000
Previous Owner Gilbertson Brielle J $110,105
Previous Owner Gilbertson Brielle $109,855
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 $1,894 $195,300 $36,200 $159,100
2024 $1,746 $147,600 $16,200 $131,400
2023 $2,090 $133,700 $16,200 $117,500
2022 $1,848 $155,700 $14,500 $141,200
2021 $1,724 $124,700 $14,500 $110,200
2020 $1,750 $118,900 $14,500 $104,400
2019 $1,438 $103,600 $12,800 $90,800
2018 $1,108 $0 $0 $0
2016 $948 $0 $0 $0
2015 $890 $0 $0 $0
2014 $912 $0 $0 $0
2012 $1,134 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

508 Tower Place, Albert Lea, MN

This home is located at 508 Tower Place, Albert Lea, MN 56007 and is currently estimated at $198,100, approximately $99 per square foot. 508 Tower Place is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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