NOT LISTED FOR SALE

514 E 4th St Albert Lea, MN 56007

Estimated Value: $130,000 - $173,600

3 Beds
1.5 Baths
1,704 Sq Ft
$85/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2023

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

Est. 15% decrease in value since last sale

Current estimated payment $891 / mo

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

8,712 Sq Ft Lot

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

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
196
Current Estimated Value
$145,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,850
Avg. Annual Appreciation
-5.41%
Original Mortgage
$170,000
Outstanding Balance
$165,776
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$20,626
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Hemenway Alexander $170,000 --
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 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

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

  • Heather Allen

    Seller's Agent in 2023

    Heather Allen

    Leland Realty

    (507) 318-0453

    173 in this area

    247 Total Sales

    Heather Allen
    Section Image
  • Matt Johnson

    Seller Co-Listing Agent in 2023

    Matt Johnson

    Leland Realty

    (507) 213-0360

    173 in this area

    242 Total Sales

    Matt Johnson
    Section Image
  • Alec Roth

    Buyer's Agent in 2023

    Alec Roth

    Edina Realty, Inc.

    (612) 718-4947

    2 in this area

    340 Total Sales

    Alec Roth
    Section Image
  • Brady Arthur

    Buyer Co-Listing Agent in 2023

    Brady Arthur

    Edina Realty, Inc.

    (952) 607-0809

    1 in this area

    242 Total Sales

    Brady Arthur
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6371590

NorthstarMLS

APN: 34.036.0720

Minnesota Freeborn County Albert Lea 56007

514 E 4th St, Albert Lea, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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