NOT LISTED FOR SALE

509 Albert Lea St Albert Lea, MN 56007

Estimated Value: $170,000 - $224,615

2 Beds
1.5 Baths
1,827 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 06, 2014

Last sale price $58,000 $32 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $1,431/month

223 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Eat-In Kitchen
  • Deck
  • 1 Car Attached Garage
  • 3-minute walk to New Denmark Park

About This Home

As of March 2014

Spacious 2 bedroom, 2 bath home located across from lake. Fantastic views of the lake from many rooms. Great out door over the garage space perfect for summer entertaining or simply watching the lake activity and wildlife.

Last Agent to Sell the Property

Emelie Paulson

RE/MAX Properties Listed on: 07/16/2013

Co-Listed By

Heather Allen

RE/MAX Properties

Last Buyer's Agent

Pamela Schmidt

Coldwell Banker Home Connection-AL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51x141x58x112
  • Lake Front
  • Irregular Lot
  • Few Trees

Home Design

  • Frame Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 341860050

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Parcel Number: 341860050
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1706
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 10x12, On Level: Main
  • Room 2: Bedroom, 12x16, On Level: Upper
  • Room 5: Dining Room, 10x12, On Level: Main
  • Room 6: Family Room, 12x31, On Level: Lower
  • Room 9: Kitchen, 10x13, On Level: Main
  • Room 12: Living Room, 13x20, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1339
  • Below Grade Finished Sq Ft: 488
  • Total Fin Square Footage: 1827
  • Total Square Footage: 2275

Exterior Features

  • Frontage Road: Curb/Gutters, City, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Stone, Vinyl
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 51x141x58x112
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Building Info

  • Year Built: 1939

Tax Info

  • Year: 2013
  • Tax Value: 1706

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Horecka Kenneth R and Horecka Theresa A
Bought by
Boyer Onnah J
Total Days on Market
223
Current Estimated Value
$209,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,438
Outstanding Balance
$119,634
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$90,020

Purchase Details

Listed on
Jul 16, 2013
Closed on
Mar 6, 2014
Sold by
Virginia H Virginia H
Bought by
Horecka Theresa A and Horecka Kenneth R
Seller's Agent
Emelie Paulson
RE/MAX Properties
Buyer's Agent
Pamela Schmidt
Coldwell Banker Home Connection-AL
List Price
$94,900
Sold Price
$58,000
Premium/Discount to List
-$36,900
-38.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Source: Public Records

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Range of Values:

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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
Boyer Onnah J $135,000 None Available
Horecka Theresa A -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyer Onnah J $133,438
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2014 03/06/14 Sold $58,000 -38.9% $32 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
07/16/2013 07/16/13 For Sale $94,900 -- $52 / 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
2024 $3,102 $218,200 $59,000 $159,200
2023 $2,802 $218,200 $59,000 $159,200
2022 $1,998 $196,000 $39,400 $156,600
2021 $828 $132,600 $39,400 $93,200
2020 $834 $67,600 $39,400 $28,200
2019 $818 $67,600 $39,400 $28,200
2018 $808 $0 $0 $0
2016 $1,042 $0 $0 $0
2015 $1,570 $0 $0 $0
2014 $1,606 $0 $0 $0
2012 $1,902 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4508567

REALTOR® Association of Southern Minnesota

APN: 34.186.0050