$115,000
SOLD NOV 18, 2025

514 Raymond Ave Albert Lea, MN 56007

3 Beds
1 Bath
1,248 Sq Ft
7,579 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

11% Below List Price

48 Days on Market

Highlights

  • No HOA
  • Living Room
  • Storage Room
  • Porch
  • Laundry Room
  • 5-minute walk to New Denmark Park

About This Home

As of November 2025

Discover your dream home that's a stone throw from the shores of the lake! This inviting 3-bedroom, 1-bathroom residence offers the perfect blend of comfort and convenience. Enjoy the spacious living spaces, ideal for family gatherings and entertaining. Step outside to your private fenced backyard, perfect for summer barbecues and relaxing evenings. With a detached 2-car garage, you'll have ample storage for your vehicles and recreational gear. Plus, the nearby parks and beach offer endless opportunities for outdoor adventures, making this location perfect. Don’t miss your chance to own this delightful home in a prime location! Schedule your viewing today and imagine the possibilities.

Last Agent to Sell the Property

Matt Johnson

Leland Realty Listed on: 09/20/2025

Co-Listed By

Heather Allen

Leland Realty

Last Buyer's Agent

Eric Janson

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1910

Lot Details

  • 7,579 Sq Ft Lot
  • Lot Dimensions are 66 x 115
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Storage Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Block Basement Construction
  • Basement Storage

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Clausens Second Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341770040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,276

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Storage Space, Unfinished
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1248
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Porch, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Laundry, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt, Flat, Rubber
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Porch,Rear Porch

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66 x 115
  • Lot Size Sq Ft: 7579.44
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 341770040
  • Tax Annual Amount: 1276
  • TaxWithAssessments: 1344.0000

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2025
Closed on
Nov 18, 2025
Sold by
Duc Property Investment Llc
Bought by
Edwards Jesse and Edwards Karrie
Seller's Agent
Matt Johnson
Leland Realty
Buyer's Agent
Eric Janson
LPT Realty, LLC
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
580.84%
Original Mortgage
$85,050
Outstanding Balance
$85,050
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$43,977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Deed $147,500 --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,050 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 Sold $115,000 -11.5% $92 / Sq Ft
11/07/2025 11/07/25 Pending -- -- --
09/20/2025 09/20/25 For Sale $129,900 -- $104 / 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 $1,344 $112,100 $20,600 $91,500
2024 $1,246 $114,300 $20,600 $93,700
2023 $1,332 $102,600 $20,600 $82,000
2022 $1,088 $108,700 $20,600 $88,100
2021 $1,052 $84,500 $16,500 $68,000
2020 $922 $75,100 $16,500 $58,600
2019 $798 $66,000 $14,600 $51,400
2018 $776 $0 $0 $0
2016 $1,026 $0 $0 $0
2015 $956 $0 $0 $0
2014 $1,128 $0 $0 $0
2012 $1,272 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6792276

NorthstarMLS

APN: 34.177.0040