NOT LISTED FOR SALE

516 516 Railroad Albert Lea, MN 56007

Estimated Value: $85,000 - $157,000

2 Beds
1 Bath
1,334 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $19,000 $14 Per Sq Ft

Est. 479% increase in value since last sale

Current estimated payment $625/month

189 Days on Market

Highlights

  • 0.5 Acre Lot
  • 2 Car Attached Garage
  • 1-Story Property
  • Wood Flooring
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of April 2015

Secure a happy future with this pleasing rambler. Everyone appreciates the coziness of a great fireplace, and the extra bonuses that accompany the finished basement. Catch your breath and a breeze on one of two covered porches. Also awaiting you are features like these: hardwood flooring, main-level bedrooms and two-car garage. Reap the immediate rewards of sanctuary, comfort and equity.

Last Agent to Sell the Property

Roger Ihde

Homes Plus Realty Listed on: 09/16/2014

Co-Listed By

Luke A Ihde

Homes Plus Realty

Last Buyer's Agent

Roger Ihde

Homes Plus Realty Listed on: 09/16/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.5 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Slate

Interior Spaces

  • 1,334 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 340492270

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors
  • Estimated Number of Acres: 0.5
  • Construction: Previously Owned
  • Parcel Number: 340492270
  • Stories: 1 Story
  • Street Designation: Avenue
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 6: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1334
  • Total Fin Square Footage: 1334
  • Total Square Footage: 2118

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Slate

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: Irregular

Building Info

  • Year Built: 1949

Tax Info

  • Year: 2014
  • Tax Value: 764

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Apr 15, 2015
Bought by
Fisher Brooks Brooks
Seller's Agent
Roger Ihde
Homes Plus Realty
Buyer's Agent
Roger Ihde
Homes Plus Realty
List Price
$39,000
Sold Price
$19,000
Premium/Discount to List
-$20,000
-51.28%
Current Estimated Value
$110,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,080
Avg. Annual Appreciation
18.03%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Fisher Brooks Brooks $19,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2015 04/16/15 Sold $19,000 -51.3% $14 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
09/16/2014 09/16/14 For Sale $39,000 -- $29 / 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
2025 $532 $63,800 $11,300 $52,500
2024 $502 $46,100 $11,300 $34,800
2023 $512 $44,000 $11,300 $32,700
2022 $564 $45,800 $11,300 $34,500
2021 $550 $44,500 $11,300 $33,200
2020 $570 $44,800 $11,300 $33,500
2019 $538 $43,400 $11,300 $32,100
2018 $516 $0 $0 $0
2016 $710 $0 $0 $0
2015 $1,036 $0 $0 $0
2014 $764 $0 $0 $0
2012 $670 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Roger Ihde

    Homes Plus Realty

  • L

    Seller Co-Listing Agent in 2015

    Luke A Ihde

    Homes Plus Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4675238

REALTOR® Association of Southern Minnesota

APN: 34.049.2270

Minnesota Freeborn County Albert Lea 56007

516 516 Railroad, Albert Lea, MN

Not Listed for Sale

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