NOT LISTED FOR SALE

516 Freeborn Ave Albert Lea, MN 56007

Estimated Value: $116,000 - $146,649

2 Beds
3 Baths
1,712 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $82,850 $48 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $941/month

89 Days on Market

Highlights

  • Deck
  • Porch
  • Woodwork
  • 3 Car Detached Garage
  • Eat-In Kitchen
  • 2-minute walk to Albert Lea Park & Recreation

About This Home

As of December 2013

This move-in ready, northside home has had a lot of recent updates including a redone main level bathroom, new carpet in the lower level, new full view storm doors along with a lot of other finishing touches. Enjoy the 3 season porch, large deck and fenced in area and awesome family room with fireplace and additional kitchen space in the lower level. Oversized, insulated & heated 3 stall garage.

Last Agent to Sell the Property

Emelie Paulson

RE/MAX Properties Listed on: 08/14/2013

Last Buyer's Agent

Joshua Harmdierks

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,366

Year Built

  • 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Partially Fenced Property

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 341800980

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,366

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Natural Woodwork
  • Amenities Exterior: Deck, Fenced Yard - Partial, Porch
  • Estimated Number of Acres: 0.14
  • Mechanicals: Water Softener-Owned, Sump Pump
  • Parcel Number: 341800980
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 8x10, On Level: Main
  • Room 2: Bedroom, 27x17, On Level: Upper
  • Room 6: Family Room, 13x29, On Level: Lower
  • Room 9: Kitchen, 9x12, On Level: Main
  • Room 12: Living Room, 27x10, On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1112
  • Below Grade Finished Sq Ft: 600
  • Total Fin Square Footage: 1712
  • Total Square Footage: 1784

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 50x120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
Young Robin Sue and Flatness Brady A
Bought by
Davis Kevin
Current Estimated Value
$134,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,252
Outstanding Balance
$67,453
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$66,407

Purchase Details

Listed on
Aug 14, 2013
Closed on
Dec 20, 2013
Sold by
Wangen Blake T
Bought by
Flatness Brady A
Seller's Agent
Emelie Paulson
RE/MAX Properties
Buyer's Agent
Joshua Harmdierks
RE/MAX Properties
List Price
$79,900
Sold Price
$82,850
Premium/Discount to List
$2,950
3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$81,349
Interest Rate
4.23%
Mortgage Type
FHA
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
Davis Kevin $80,250 Trademark Title
Flatness Brady A -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Kevin $76,252
Previous Owner Flatness Brady A $81,349
Previous Owner Wangen Blake Tyler $77,569
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $82,850 +3.7% $48 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $79,900 -- $47 / 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 $2,366 $158,400 $20,600 $137,800
2024 $2,838 $116,200 $8,200 $108,000
2023 $2,928 $117,000 $8,200 $108,800
2022 $1,630 $115,300 $8,200 $107,100
2021 $1,638 $89,700 $8,200 $81,500
2020 $1,198 $89,800 $8,200 $81,600
2019 $1,018 $81,100 $7,300 $73,800
2018 $980 $0 $0 $0
2016 $798 $0 $0 $0
2015 $706 $0 $0 $0
2014 $750 $0 $0 $0
2012 $978 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Emelie Paulson

    RE/MAX

  • J

    Buyer's Agent in 2013

    Joshua Harmdierks

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4522962

REALTOR® Association of Southern Minnesota

APN: 34.180.0980

Minnesota Freeborn County Albert Lea 56007

516 Freeborn Ave, Albert Lea, MN

This home is located at 516 Freeborn Ave, Albert Lea, MN 56007 since 14 August 2013 and is currently estimated at $134,662, approximately $78 per square foot. This property was built in 1948. 516 Freeborn Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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