NOT LISTED FOR SALE

518 Saint Peter Ave Albert Lea, MN 56007

Estimated Value: $89,575 - $96,000

2 Beds
1 Bath
728 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $19,501 $27 Per Sq Ft

Est. 378% increase in value since last sale

Current estimated payment $655/month

110 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • 1-Story Property
  • Breakfast Area or Nook
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of November 2012

2 bedroom home which is centrally located with newer permanent siding, newer windows, and a newly updated bathroom. Single car garage and off street parking.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,762

Year Built

  • 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 341805670

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,762

Year Built

1937

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Hardwood Floors
  • Estimated Number of Acres: 0.14
  • Construction: Previously Owned
  • Parcel Number: 341805670
  • Stories: 1 Story
  • Taxes With Assessments: 564
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen
  • Appliances: Range/Stove
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 10x11, On Level: Main
  • Room 2: Bedroom, 8x12, On Level: Main
  • Room 9: Kitchen, 10x11, On Level: Main
  • Room 12: Living Room, 13x15, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 728
  • Total Fin Square Footage: 728
  • Total Square Footage: 1456

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Fiberglass Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

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

Listed on
Jun 6, 2012
Closed on
Nov 15, 2012
Sold by
Federal National Mortgage Association
Bought by
Carstens Michael and Carstens Angela
List Price
$40,000
Sold Price
$19,501
Premium/Discount to List
-$20,499
-51.25%
Current Estimated Value
$93,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,643
Avg. Annual Appreciation
12.86%
Original Mortgage
$18,369
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2012
Sold by
Wells Fargo Bank
Bought by
Federal National Mortgage Association
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
Carstens Michael -- Title One Inc
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carstens Michael A $47,250
Closed Carstens Michael A $44,000
Closed Carstens Michael $18,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $19,501 -51.2% $27 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $40,000 -- $55 / 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 $1,762 $93,400 $20,600 $72,800
2024 $1,750 $64,100 $8,200 $55,900
2023 $1,756 $64,100 $8,200 $55,900
2022 $1,744 $63,400 $8,200 $55,200
2021 $814 $50,600 $8,200 $42,400
2020 $826 $43,700 $8,200 $35,500
2019 $734 $39,500 $7,300 $32,200
2018 $718 $0 $0 $0
2016 $580 $0 $0 $0
2015 $574 $0 $0 $0
2014 $606 $0 $0 $0
2012 $564 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4327651

REALTOR® Association of Southern Minnesota

APN: 34.180.5670

Minnesota Freeborn County Albert Lea 56007

518 Saint Peter Ave, Albert Lea, MN

This home is located at 518 Saint Peter Ave, Albert Lea, MN 56007 since 06 June 2012 and is currently estimated at $93,144, approximately $127 per square foot. This property was built in 1937. 518 Saint Peter 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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