NOT LISTED FOR SALE

509 W Main St Albert Lea, MN 56007

Estimated Value: $97,000 - $126,478

3 Beds
2 Baths
1,628 Sq Ft
$71/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $30,000 $18 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $773/month

68 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Central Territorial
  • Living Room
  • Family Room

About This Home

As of September 2022

Single family OR Multifamily (Up & Down) Duplex fixer-upper being sold as it. Home has some updates done, large yard and garage. Parking in both the front and in the rear alley.

Last Agent to Sell the Property

Robert Hoffman

Robert Hoffman Realty Inc. Listed on: 07/11/2022

Last Buyer's Agent

Crystal Hoiseth

Real Estate for Investors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 7,449 Sq Ft Lot
  • Lot Dimensions are 55x130

Parking

  • 2 Car Garage

Interior Spaces

  • 1,628 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Morins Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340072100

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 1628
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x42
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Living Area: 1628
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 2522.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 360

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 55x130
  • Lot Size Sq Ft: 7448.76
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 340072100
  • Tax Annual Amount: 914
  • TaxWithAssessments: 1094.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 28, 2022
Sold by
Esse Linda
Bought by
Cch Rental Services Llc
Seller's Agent
Robert Hoffman
Robert Hoffman Realty Inc.
Buyer's Agent
Crystal Hoiseth
Real Estate for Investors
List Price
$65,000
Sold Price
$30,000
Premium/Discount to List
-$35,000
-53.85%
Current Estimated Value
$115,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,620
Avg. Annual Appreciation
56.71%
Source: Public Records

Range of Values:

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
Cch Rental Services Llc $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $30,000 -53.8% $18 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $65,000 -- $40 / 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 $1,922 $112,400 $15,600 $96,800
2024 $1,730 $95,600 $6,700 $88,900
2023 $1,308 $88,500 $6,700 $81,800
2022 $1,094 $65,000 $6,700 $58,300
2021 $1,020 $46,100 $6,700 $39,400
2020 $1,016 $42,200 $6,700 $35,500
2019 $570 $23,100 $6,100 $17,000
2018 $522 $0 $0 $0
2016 $706 $0 $0 $0
2015 $682 $0 $0 $0
2014 $682 $0 $0 $0
2012 $622 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6232870

NorthstarMLS

APN: 34.007.2100