NOT LISTED FOR SALE

509 Clausen Dr Albert Lea, MN 56007

Estimated Value: $198,000 - $282,000

2 Beds
2 Baths
1,145 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $219,900 $192 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,732/month

3 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • 2 Car Attached Garage
  • Dock Facilities
  • City View
  • Walk-In Closet

About This Home

As of March 2024

Schedule your appointment today to tour this condominium with an astonishing view of Fountain Lake and downtown Albert Lea. This well maintained condo includes a new roof in 2022, recently updated deck with composite decking, new guardrails and power operated awning over the deck. New laminate flooring installed throughout. Condo association also has dock for private boat parking and a gazebo close to the lake for association member use. Don't miss out on this great opportunity with this lakefront condo which has been well cared for.

Last Agent to Sell the Property

Craig Hoium

Listed on: 02/16/2024

Co-Listed By

Laura Cunningham

Last Buyer's Agent

Lisa Evans

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 1986

Lot Details

  • 7,338 Sq Ft Lot
  • Lot Dimensions are 50 x 46
  • Lake Front
  • Many Trees
  • Zero Lot Line

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Architectural Shingle Roof
  • Steel Siding

Interior Spaces

  • 1,145 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Utility Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Dock Facilities

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 100 Amp Service
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Association fees include lawn care, ground maintenance, professional mgmt, snow removal
  • Fountain Place Condo Assoc. Pres. Michelle Jardene Association, Phone Number (507) 318-9251

Listing and Financial Details

  • Assessor Parcel Number 342210040

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,726

Year Built

Built in 1986

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Dock
  • Fee Frequency: Monthly
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1145
  • Water Body Name: Fountain
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1145
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Foyer, Living Room, Kitchen, Laundry, Other Room, Bedroom 1, Bedroom 2, Primary Bathroom, Walk In Closet, Bathroom, Storage, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, City Lights, South
  • Other Structures: Gazebo
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Awning(s),Deck
  • Lake Bottom: Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Soil Type: Sand

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Maintenance Grounds, Professional Mgmt, Snow Removal
  • Phone: 507-318-9251
  • Association Fee: 225
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),City View,Deck,Dock,Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Skylight,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Fountain Place Condo Assoc. Pres. Michelle Jardene

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • Topography: Gently Rolling
  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: 50 x 46
  • Lot Size Sq Ft: 7338
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees, Underground Utilities, Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Other
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 342210040
  • Tax Annual Amount: 2726
  • TaxWithAssessments: 2790.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 15, 2024
Sold by
Mulgrew Kenneth and Mulgrew Gayle
Bought by
Hamberg Thomas and Hamberg Cynthia
Seller's Agent
Craig Hoium
Buyer's Agent
Lisa Evans
List Price
$219,900
Sold Price
$219,900
Views
42
Current Estimated Value
$240,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,556
Avg. Annual Appreciation
5.30%
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
Hamberg Thomas $219,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $219,900 0.0% $192 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $219,900 -- $192 / Sq Ft
Source: NorthstarMLS

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 $2,956 $221,300 $55,000 $166,300
2024 $2,386 $211,600 $55,000 $156,600
2023 $2,790 $173,600 $55,000 $118,600
2022 $2,272 $195,500 $36,700 $158,800
2021 $2,322 $147,100 $36,700 $110,400
2020 $2,366 $151,200 $36,700 $114,500
2019 $2,372 $152,900 $36,700 $116,200
2018 $2,400 $0 $0 $0
2016 $2,346 $0 $0 $0
2015 $2,294 $0 $0 $0
2014 $2,226 $0 $0 $0
2012 $2,318 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6489871

NorthstarMLS

APN: 34.221.0040