NOT LISTED FOR SALE

512 Railroad Ave Albert Lea, MN 56007

Estimated Value: $166,000 - $225,193

3 Beds
1 Bath
1,466 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $87,500 $60 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,165/month

45 Days on Market

Highlights

  • 22,651 Sq Ft lot
  • No HOA
  • Living Room
  • Deck
  • The kitchen features windows
  • 1-Story Property

About This Home

As of May 2024

3 bedroom 1 full bath ranch style home on large lot. Newer furnace. Hardwood flooring in bedrooms and living room. Double detached garage with opener. This one will move quickly so make your appointment to view today.

Last Agent to Sell the Property

Rick Mummert

Century 21 Atwood Listed on: 03/01/2024

Century 21 Atwood

Last Buyer's Agent

Jason Sarazine

Worth Clark Realty

Worth Clark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1960

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 60 x 354

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Rubber Roof

Interior Spaces

  • 1,466 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 340492350

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1466
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 20 x 40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space
  • Appliances: Cooktop, Dryer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Living Area: 1466
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Rubber
  • Other Structures: Storage Shed
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Gravel, Garage Door Opener
  • Garage Square Feet: 560

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60 x 354
  • Lot Size Sq Ft: 22651.2
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340492350
  • Tax Annual Amount: 742
  • TaxWithAssessments: 806.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 3, 2024
Sold by
Ott Eleanor and Lukens Nancy
Bought by
Happy Hive Homes Llc
Seller's Agent
Rick Mummert
Century 21 Atwood
Buyer's Agent
Jason Sarazine
Worth Clark Realty
List Price
$109,900
Sold Price
$87,500
Premium/Discount to List
-$22,400
-20.38%
Views
194
Current Estimated Value
$200,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,048
Avg. Annual Appreciation
86.84%
Source: Public Records

Range of Values:

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Average Value
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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
Happy Hive Homes Llc $87,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $87,500 -12.4% $60 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $99,900 -9.1% $68 / Sq Ft
03/01/2024 03/01/24 For Sale $109,900 -- $75 / 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 $1,228 $106,900 $11,600 $95,300
2024 $780 $75,500 $9,900 $65,600
2023 $806 $72,100 $9,900 $62,200
2022 $850 $75,800 $9,900 $65,900
2021 $866 $69,300 $9,900 $59,400
2020 $880 $71,600 $10,000 $61,600
2019 $832 $69,000 $10,000 $59,000
2018 $788 $0 $0 $0
2016 $800 $0 $0 $0
2015 $778 $0 $0 $0
2014 $944 $0 $0 $0
2012 $1,018 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6495026

NorthstarMLS

APN: 34.049.2350