NOT LISTED FOR SALE

514 E 4th St Albert Lea, MN 56007

Estimated Value: $122,000 - $173,745

3 Beds
1.5 Baths
1,704 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $170,000 $100 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $853/month

18 Days on Market

Highlights

  • Deck
  • Sitting Room
  • Laundry Room
  • No HOA
  • Porch
  • 5-minute walk to Frank Hall Park

About This Home

As of July 2023

Come home to this wonderful three bedroom, two bath home. Main floor features a nice size living room with additional seating area, a formal dining room, plus the kitchen opens up to a deck overlooking the backyard. All bedrooms on the second floor, along with the convenience of the laundry room close to all bedrooms. Backyard is practically a mini orchard featuring numerous fruit trees and bushes! Large detached garage. Mechanicals, roof and appliances all updated in the last three years. Take a walk through the home with our 3D Tour, and then call for your private showing!

Last Agent to Sell the Property

Heather Allen

Leland Realty Listed on: 05/19/2023

Co-Listed By

Matt Johnson

Leland Realty

Last Buyer's Agent

Alec Roth

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1908

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • 2 Car Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Sitting Room
  • Living Room
  • Dining Room
  • Storage Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340360720

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 1704
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1704
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Sitting Room, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Porch, Storage
  • SqFtTotal: 2192.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x132
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340360720
  • Tax Annual Amount: 1219
  • TaxWithAssessments: 1640.0000

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 7, 2023
Sold by
Merrill Jerry and Merrill Jayme
Bought by
Hemenway Alexander
Seller's Agent
Heather Allen
Leland Realty
Buyer's Agent
Alec Roth
Edina Realty, Inc.
List Price
$159,900
Sold Price
$170,000
Premium/Discount to List
$10,100
6.32%
Views
213
Current Estimated Value
$140,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,564
Avg. Annual Appreciation
-7.41%
Original Mortgage
$170,000
Outstanding Balance
$165,776
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$25,340
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Hemenway Alexander $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemenway Alexander $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $170,000 +6.3% $100 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $159,900 -- $94 / 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 $1,408 $119,500 $23,100 $96,400
2024 $1,266 $118,200 $16,500 $101,700
2023 $1,640 $103,800 $16,500 $87,300
2022 $1,586 $105,500 $16,500 $89,000
2021 $1,386 $91,500 $16,500 $75,000
2020 $1,304 $74,600 $11,600 $63,000
2019 $1,178 $64,300 $9,900 $54,400
2018 $1,164 $0 $0 $0
2016 $730 $0 $0 $0
2015 $712 $0 $0 $0
2014 $718 $0 $0 $0
2012 $754 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6371590

NorthstarMLS

APN: 34.036.0720