NOT LISTED FOR SALE

513 Edgewood Ave Albert Lea, MN 56007

Estimated Value: $135,000 - $170,000

3 Beds
2 Baths
1,365 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $42,500 $31 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $995/month

3 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage

About This Home

As of May 2012

Nice 3 bedroom, 2 bath, 1 1/2 story with lots of updates including: oak floors, new driveway, windows in 2002, new furnace, & air conditioning.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 140x50

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,365 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 341890240

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.16
  • Parcel Number: 341890240
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 850
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 9x11, On Level: Main
  • Room 2: Bedroom, 8x11, On Level: Main
  • Room 3: Bedroom, 10x19, On Level: Second Floor
  • Room 9: Kitchen, 8x14, On Level: Main
  • Room 12: Living Room, 12x16, On Level: Main
  • Room 15: Other, 8x6, On Level: Basement
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1365
  • Total Fin Square Footage: 1365
  • Total Square Footage: 2145

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 140x50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2012
Closed on
May 15, 2012
Sold by
Epland Jerry N and Epland Lois
Bought by
Frazier Katie M
List Price
$47,900
Sold Price
$42,500
Premium/Discount to List
-$5,400
-11.27%
Total Days on Market
3
Current Estimated Value
$148,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,466
Avg. Annual Appreciation
10.06%
Original Mortgage
$45,120
Outstanding Balance
$31,841
Interest Rate
3.92%
Estimated Equity
$117,125

Purchase Details

Closed on
Nov 18, 2011
Sold by
Miller Virginia and Schroeder Gloria
Bought by
Epland Jerry and Epland Lois
Source: Public Records

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Range of Values:

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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
Frazier Katie M -- North American Title Company
Epland Jerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Katie M $14,792
Open Frazier Katie M $45,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $42,500 -11.3% $31 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
04/07/2012 04/07/12 For Sale $47,900 -- $35 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $1,954 $109,300 $15,300 $94,000
2023 $1,850 $101,400 $15,300 $86,100
2022 $1,712 $94,500 $10,700 $83,800
2021 $848 $74,700 $10,700 $64,000
2020 $824 $66,800 $9,200 $57,600
2019 $684 $56,100 $7,700 $48,400
2018 $672 $0 $0 $0
2016 $564 $0 $0 $0
2015 $560 $0 $0 $0
2014 $500 $0 $0 $0
2012 $756 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4183133

REALTOR® Association of Southern Minnesota

APN: 34.189.0240