NOT LISTED FOR SALE

509 Alice Ave Albert Lea, MN 56007

Estimated Value: $59,000 - $163,000

3 Beds
1 Bath
1,044 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $19,000 $18 Per Sq Ft

Est. 513% increase in value since last sale

Current estimated payment $674/month

95 Days on Market

Highlights

  • 6,600 Acre Lot
  • Hot Water Heating System
  • 4-minute walk to New Denmark Park

About This Home

As of June 2020

This home is located at 509 Alice Ave, Albert Lea, MN 56007 since 13 March 2020 and is currently estimated at $116,435, approximately $111 per square foot. This property was built in 1916. 509 Alice Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Last Agent to Sell the Property

Judy Ness

HOMESTEAD REALTY, LLC Listed on: 03/13/2020

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $370

Year Built

  • Built in 1916

Lot Details

  • 6,600 Acre Lot
  • Lot Dimensions are 66x100

Home Design

  • 1,044 Sq Ft Home
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonite

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Stone Basement
  • Stone or Rock in Basement

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 341760110

Home Details

Home Type

Single Family

Est. Annual Taxes

$370

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 6600
  • Assessments: Unknown
  • Foreclosure: Yes
  • Foundation Size: 180
  • L V T Date: 03/13/2020
  • Parcel Number: 341760110
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Material: Poured Concrete, Rock, Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1044
  • Tot Above Grade Sq Ft: 1044
  • Total Fin Square Footage: 1044
  • Total Square Footage: 1104
  • Tot Below Grade Sq Ft: 60

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Masonite (L)
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 66x100

Building Info

  • Year Built: 1916

Tax Info

  • Year: 2019
  • Tax Value: 370

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jun 29, 2020
Sold by
Minnesota Housing Finance Agency
Bought by
Lopez San Juana and Portillo Eugenio
Seller's Agent
Judy Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
Non Member
Non-Member
List Price
$20,000
Sold Price
$19,000
Premium/Discount to List
-$1,000
-5%
Current Estimated Value
$116,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,435
Avg. Annual Appreciation
39.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lopez San Juana $19,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $19,000 0.0% $18 / Sq Ft
04/29/2020 04/29/20 Price Changed $19,000 -5.0% $18 / Sq Ft
03/13/2020 03/13/20 For Sale $20,000 -- $19 / 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 $754 $39,700 $19,500 $20,200
2024 $686 $44,600 $19,500 $25,100
2023 $60 $41,500 $19,500 $22,000
2022 $670 $43,000 $19,500 $23,500
2021 $454 $35,300 $15,600 $19,700
2020 $432 $32,900 $15,600 $17,300
2019 $370 $28,900 $13,800 $15,100
2018 $364 $0 $0 $0
2016 $654 $0 $0 $0
2015 $736 $0 $0 $0
2014 $752 $0 $0 $0
2012 $866 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Ness

    Seller's Agent in 2020

    Judy Ness

    HOMESTEAD REALTY, LLC

    (507) 525-2009

    2 in this area

    131 Total Sales

    Judy Ness
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non-Member

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023487

REALTOR® Association of Southern Minnesota

APN: 34.176.0110

Minnesota Freeborn County Albert Lea 56007

509 Alice Ave, Albert Lea, MN

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes