518 E 4th St Albert Lea, MN 56007
Estimated Value: $173,000 - $231,000
4
Beds
2.5
Baths
2,180
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- No HOA
- The kitchen features windows
- Living Room
- Stainless Steel Appliances
- Front Porch
- Forced Air Heating and Cooling System
About This Home
As of June 2023Welcome to 518 E 4th Street. This beautifully remodeled home has all the modern finishes while maintaining the 1919 charm and character. The list of updates is far too long to list here but some of the highlights include a fully refinished kitchen with newly tiled floors, gleaming white cabinets, tiled backsplash, new stainless high-end Samsung appliances, newly tiled baths, and a four-season porch with new windows, refinished hardwood floors with a dark chocolate stain, neutral paint, crown molding, two-panel doors, a huge added owners bedroom in the attic with new windows, and it even has views of the lake. There is also still room to expand if the new owner chooses to finish the basement it also has loads of storage space. Not only do you get all that but the location on this one is hard to beat. It is only a block from the lake and has a park right across the street complete with a playground, basketball court, and even an ice rink. Hurry and schedule your private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,631
Year Built
- Built in 1919
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 68 x 131
- Few Trees
Parking
- 2 Car Garage
Interior Spaces
- 2,180 Sq Ft Home
- 2-Story Property
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- Front Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Lake Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 340360710
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2022
Closed on
Jun 16, 2023
Sold by
R & R Level 1 Corrporation
Bought by
Guerrero Jose
Seller's Agent
Brian Durham
Realty Group LLC
Buyer's Agent
Jennifer Tolbers
Robert Hoffman Realty Inc.
List Price
$218,000
Sold Price
$205,000
Premium/Discount to List
-$13,000
-5.96%
Views
539
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$728
Avg. Annual Appreciation
-0.18%
Original Mortgage
$190,781
Outstanding Balance
$186,680
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$17,592
Purchase Details
Closed on
Jun 15, 2022
Sold by
Vaale Nancy and Vaale Lee
Bought by
R & R Level 1 Corporation
Similar Homes in Albert Lea, MN
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guerrero Jose | $205,000 | -- | |
| R & R Level 1 Corporation | $79,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guerrero Jose | $190,781 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2023 06/16/23 | Sold | $205,000 | -4.7% | $94 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 04/18/2023 04/18/23 | Price Changed | $215,000 | -1.4% | $99 / Sq Ft |
| 03/16/2023 03/16/23 | For Sale | $218,000 | 0.0% | $100 / Sq Ft |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- |
| 03/07/2023 03/07/23 | Price Changed | $218,000 | -0.9% | $100 / Sq Ft |
| 11/25/2022 11/25/22 | Price Changed | $220,000 | -2.2% | $101 / Sq Ft |
| 11/10/2022 11/10/22 | For Sale | $225,000 | -- | $103 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,260 | $203,000 | $16,500 | $186,500 |
| 2023 | $1,706 | $103,400 | $16,500 | $86,900 |
| 2022 | $2,082 | $104,900 | $16,500 | $88,400 |
| 2021 | $2,890 | $92,800 | $16,500 | $76,300 |
| 2020 | $1,866 | $78,700 | $11,600 | $67,100 |
| 2019 | $1,666 | $67,900 | $9,900 | $58,000 |
| 2018 | $1,634 | $0 | $0 | $0 |
| 2016 | $1,152 | $0 | $0 | $0 |
| 2015 | $1,112 | $0 | $0 | $0 |
| 2014 | $748 | $0 | $0 | $0 |
| 2012 | $796 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Durham
Seller's Agent in 2023
Brian Durham
Realty Group LLC
(952) 220-6386
2 in this area
47 Total Sales
-
Valarie Smith
Seller Co-Listing Agent in 2023
Valarie Smith
LPT Realty, LLC
(612) 867-6666
2 in this area
34 Total Sales
-
Jennifer Tolbers
Buyer's Agent in 2023
Jennifer Tolbers
Robert Hoffman Realty Inc.
(507) 402-3418
62 in this area
118 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6308245
APN: 34.036.0710
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