NOT LISTED FOR SALE

509 E Richway Dr Albert Lea, MN 56007

Estimated Value: $239,000 - $308,000

4 Beds
1 Bath
2,590 Sq Ft
$102/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 $263,564, approximately $101 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Bought by
Current Estimated Value
$263,564

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
$90,042

Purchase Details

Closed on
Nov 7, 2017
Sold by
Bought by

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.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 None Available
$96,500 --
$96,500 None Available
$220,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $195,000
Previous Owner $91,675
Previous Owner $95,500
Closed $219,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.