$51,000
SOLD APR 30, 2025

518 Saint Thomas Ave Albert Lea, MN 56007

3 Beds
1 Bath
1,080 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

6% Below List Price

17 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Family Room
  • Living Room
  • Forced Air Heating System

About This Home

As of April 2025

This 3 bedroom, 1 bath ranch-style home on a dead-end street offers potential with a brand new roof installed in 2024 but requires significant renovations as it currently has no working utilities. Ideal for investors or those looking for a fixer-upper, the property presents an opportunity to create a personalized living space in a peaceful setting.

Last Agent to Sell the Property

Lisa Evans

Realty ONE Group Black Diamond Listed on: 03/25/2025

Realty ONE Group Black Diamond

Last Buyer's Agent

Peter Vue

Home Sellers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1935

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x122

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 341803430

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1080
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1080
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Fuses
  • 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: 50x122
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 341803430
  • Tax Annual Amount: 754
  • TaxWithAssessments: 754.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Apr 30, 2025
Sold by
Fannie Mae A/K/A Federal National Mortga
Bought by
Thao Darunee
Seller's Agent
Lisa Evans
Realty ONE Group Black Diamond
Buyer's Agent
Peter Vue
Home Sellers
List Price
$54,000
Sold Price
$51,000
Premium/Discount to List
-$3,000
-5.56%
Views
52
Current Estimated Value
$89,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,098
Avg. Annual Appreciation
127.15%
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 $51,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $51,000 -5.6% $47 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $54,000 -- $50 / 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 $766 $99,000 $20,800 $78,200
2024 $754 $69,400 $8,300 $61,100
2023 $726 $69,400 $8,300 $61,100
2022 $682 $67,600 $8,300 $59,300
2021 $570 $54,800 $8,300 $46,500
2020 $582 $45,800 $8,300 $37,500
2019 $514 $41,300 $7,400 $33,900
2018 $498 $0 $0 $0
2016 $752 $0 $0 $0
2015 $752 $0 $0 $0
2014 $790 $0 $0 $0
2012 $1,056 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6691739

NorthstarMLS

APN: 34.180.3430