NOT LISTED FOR SALE

511 E Richway Dr Albert Lea, MN 56007

Estimated Value: $210,000 - $244,475

3 Beds
2 Baths
1,659 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2025

Last sale price $200,000 $121 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,461 / mo

116 Days on Market

Highlights

  • Deck
  • No HOA
  • 3 Car Attached Garage
  • 2 Fireplaces
  • The kitchen features windows
  • Eat-In Kitchen

About This Home

As of April 2025

This 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.

Last Agent to Sell the Property

Laura Cunningham

Century 21 Atwood Listed on: 12/13/2024

Century 21 Atwood

Last Buyer's Agent

Craig Hoium

Century 21 Atwood

Century 21 Atwood

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1962

Lot Details

  • 8,276

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Tuck Under Garage

Home Design

  • Twin Home
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Gas Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Stair Lift
  • Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 342350480

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,754

Year Built

Built in 1962

Lot Details

8,276 Sq Ft Lot

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Outside Features: Vinyl
  • Garage Spaces: 3
  • Accessibility Features: Stair Chair Lift
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1320
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 1659
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 339
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • PoolFeatures: None
  • Foundation Details: Block
  • Other Structures: Storage Shed
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Electric, Storage, Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Electric Dryer Hookup, Washer Hookup
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Freeborn - Mower Cooperative Services

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable, Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Washer/Dryer Hookup, Walk-In Closet

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 5073794800

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Concrete, Frame

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 342350480
  • Tax Annual Amount: 1754
  • TaxWithAssessments: 1754

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

Listed on
Dec 13, 2024
Closed on
Apr 4, 2025
Sold by
Bought by
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
$231,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,869
Avg. Annual Appreciation
13.59%
Original Mortgage
$160,000
Outstanding Balance
$159,317
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$72,552

Purchase Details

Closed on
Aug 31, 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
$142,373
Interest Rate
3.93%
Mortgage Type
FHA
Source: Public Records
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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
$200,000 --
$145,000 --
$145,000 None Available
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 $160,000
Previous Owner $142,373
Previous Owner $144,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
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

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 $2,528 $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

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Map

Source: NorthstarMLS

MLS Number: 6639542

NorthstarMLS

APN: 34.235.0480

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