L
Seller's Agent in 2025
Laura Cunningham
Century 21 Atwood
(507) 383-1620
50 in this area
62 Total Sales
511 E Richway Dr Albert Lea, MN 56007
3
Beds
2
Baths
1,659
Sq Ft
8,276
Sq Ft Lot
Highlights
- Deck
- No HOA
- 3 Car Attached Garage
- 2 Fireplaces
- The kitchen features windows
- Eat-In Kitchen
About This Home
As of April 2025This fantastic side by side home has convenient north side location. Newer amenities including a new furnace, AC unit, upper level toilet, and newer appliances. There are 3 good sized bedrooms, and 2 full bathrooms. You'll have an upper and lower family room for all of your entertainment needs. Please book a showing today so you won't miss out on all this home has to offer you.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,754
Year Built
- Built in 1962
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Tuck Under Garage
Home Design
- Property Attached
Interior Spaces
- 1-Story Property
- 2 Fireplaces
- Family Room
- Living Room
- Utility Room
- Basement
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Deck
- 8,276 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 342350480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2024
Closed on
Apr 4, 2025
Sold by
Cunningham Erica
Bought by
Stauss Stacy and Tufte Kevin
Seller's Agent
Laura Cunningham
Century 21 Atwood
Buyer's Agent
Craig Hoium
Century 21 Atwood
List Price
$235,900
Sold Price
$200,000
Premium/Discount to List
-$35,900
-15.22%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,035
Avg. Annual Appreciation
8.10%
Original Mortgage
$160,000
Outstanding Balance
$159,592
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$46,899
Purchase Details
Closed on
Aug 31, 2017
Sold by
Knudson Rhoda Rhoda
Bought by
Cunningham Erica Erica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
3.93%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $200,000 | -- | |
| Deed | $145,000 | -- | |
| Warranty Deed | $145,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional | |
| Previous Owner | $142,373 | FHA | |
| Previous Owner | $144,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | Sold | $200,000 | -14.0% | $121 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 01/23/2025 01/23/25 | Price Changed | $232,500 | -1.4% | $140 / Sq Ft |
| 12/13/2024 12/13/24 | For Sale | $235,900 | -- | $142 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,528 | $229,600 | $14,900 | $214,700 |
| 2024 | $1,754 | $185,800 | $14,900 | $170,900 |
| 2023 | $1,508 | $134,300 | $3,300 | $131,000 |
| 2022 | $1,312 | $119,600 | $3,300 | $116,300 |
| 2021 | $1,228 | $96,400 | $3,300 | $93,100 |
| 2020 | $1,050 | $82,200 | $3,300 | $78,900 |
| 2019 | $806 | $66,600 | $3,300 | $63,300 |
| 2018 | $560 | $0 | $0 | $0 |
| 2016 | $688 | $0 | $0 | $0 |
| 2015 | $712 | $0 | $0 | $0 |
| 2014 | $728 | $0 | $0 | $0 |
| 2012 | $1,636 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Cunningham
-
Craig Hoium
Buyer's Agent in 2025
Craig Hoium
Century 21 Atwood
(507) 387-3131
122 in this area
141 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6639542
APN: 34.235.0480
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