NOT LISTED FOR SALE

509 E Richway Dr Albert Lea, MN 56007

Estimated Value: $248,000 - $305,000

4 Beds
1 Bath
2,590 Sq Ft
$105/Sq Ft Est. Value

About This Home

This home is located at 509 E Richway Dr, Albert Lea, MN 56007 and is currently estimated at $271,480, approximately $104 per square foot. 509 E Richway Dr is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Kaasa Timothy P and Kaasa Dawn C
Bought by
Langerud Barbara
Current Estimated Value
$271,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$173,522
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$97,958

Purchase Details

Closed on
Nov 7, 2017
Sold by
Scott Dorothy Dorothy
Bought by
Kaasa Timothy Timothy and Kaasa Dawn Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,675
Interest Rate
3.91%
Mortgage Type
New Conventional
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.

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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

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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
Langerud Barbara $220,000 None Available
Kaasa Timothy Timothy $96,500 --
Kaasa Timothy P $96,500 None Available
Langerud Barbara Barbara $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langerud Barbara $195,000
Previous Owner Kaasa Timothy P $91,675
Previous Owner Kaasa Timothy Timothy $95,500
Closed Langerud Barbara Barbara $219,000
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 $2,798 $228,200 $30,100 $198,100
2024 $2,096 $202,100 $30,100 $172,000
2023 $2,776 $155,500 $22,300 $133,200
2022 $2,600 $198,300 $22,300 $176,000
2021 $2,202 $144,900 $22,300 $122,600
2020 $1,780 $120,500 $26,800 $93,700
2019 $1,566 $110,400 $24,500 $85,900
2018 $1,456 $0 $0 $0
2016 $1,352 $0 $0 $0
2015 $1,402 $0 $0 $0
2014 $1,366 $0 $0 $0
2012 $1,692 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

509 E Richway Dr, Albert Lea, MN

Not Listed for Sale

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