$198,900
SOLD MAY 16, 2025

521 Alice Ave Albert Lea, MN 56007

4 Beds
2 Baths
1,733 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

2% Above List Price

173 Days on Market

About This Home

As of May 2025

Just a block from Fountain Lake, this freshly remodeled home, with new flooring, paint, & appliances, is move-in ready! The classic two story, welcomes you in with a foyer, great to take all your winter and summer gear off in. The galley-style living room and dining room make for a modern open concept. Just off the living room is a more private den, office, or library area. The smaller, quaint kitchen, true to its era, has a fresh countertop in grey tones, white appliances, and white cabinets making for a bright kitchen. You'll also find a main floor bedroom and bathroom. Upstairs, are 2 additional bedrooms, and a large full bathroom all with fresh carpet and paint. In the basement, is an additional room, great for possibly a work-our room, den, or office... And an additional bedroom a toilet, and washer and dryer hook-ups. Off the back, is a large, two-tier deck, with loads of concrete for parking, basketball, games, and more!

Last Agent to Sell the Property

Cara Bishop

TRUE REAL ESTATE Listed on: 08/28/2024

TRUE REAL ESTATE

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1908

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66x100

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 341760140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,049

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.15
  • Assessments: Unknown
  • Foundation Size: 751
  • L V T Date: 08/28/2024
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 341760140
  • Price Per Square Foot: 86
  • Sold Price Per Sq Ft: 88
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 5332
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x11, On Level: Main
  • Room 2: Den/Office, 12x10, On Level: Main
  • Room 3: Dining Room, 13x11, On Level: Main
  • Room 4: Kitchen, 10x11, On Level: Main
  • Room 5: Laundry Room, 22x12, On Level: Lower
  • Room 6: Den/Office, 10x11, On Level: Lower
  • Room 7: 13x8, On Level: Upper
  • Room 8: Bedroom, 13x11, On Level: Upper
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1513
  • Below Grade Finished Sq Ft: 220
  • Tot Above Grade Sq Ft: 1513
  • Total Fin Square Footage: 1733
  • Total Square Footage: 2264
  • Tot Below Grade Sq Ft: 751

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 66x100

Building Info

  • Year Built: 1908

Tax Info

  • Year: 2024
  • Tax Value: 2049

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
May 8, 2025
Sold by
Zadeh Allen and Perez-Reyes Patricia
Bought by
Vitales Ana
Seller's Agent
Cara Bishop
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$195,000
Sold Price
$198,900
Premium/Discount to List
$3,900
2%
Views
250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.03%
Original Mortgage
$195,296
Outstanding Balance
$195,296
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$4,501

Purchase Details

Closed on
May 21, 2024
Sold by
Amerihome Mortgage Company Llc
Bought by
Zadeh Allen and Perez-Reyes Patricia

Purchase Details

Closed on
Dec 21, 2018
Sold by
Cincoski Anthony M
Bought by
Helland Jaime and Helland Abby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,507
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 20, 2011
Closed on
Apr 5, 2012
Sold by
Diamond James C and Galante Dorothy A
Bought by
Cincoski Anthony M
Seller's Agent
Matthew Johnson
RE/MAX Properties
Buyer's Agent
Sally Ehrhardt
Leland Realty, Inc.
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$90,816
Interest Rate
3.9%
Source: Public Records

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Range of Values:

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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 $198,900 --
Deed $91,000 --
Deed $123,750 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,296 New Conventional
Previous Owner $121,507 FHA
Previous Owner $4,331 New Conventional
Previous Owner $90,816 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $198,900 +2.0% $115 / Sq Ft
03/28/2025 03/28/25 For Sale $195,000 0.0% $113 / Sq Ft
03/28/2025 03/28/25 Price Changed $195,000 -2.0% $113 / Sq Ft
03/04/2025 03/04/25 Off Market $198,900 -- --
02/17/2025 02/17/25 Pending -- -- --
01/03/2025 01/03/25 Price Changed $189,900 -5.0% $110 / Sq Ft
10/29/2024 10/29/24 Price Changed $199,900 -3.7% $115 / Sq Ft
10/09/2024 10/09/24 Price Changed $207,499 -3.4% $120 / Sq Ft
09/25/2024 09/25/24 Price Changed $214,900 -4.4% $124 / Sq Ft
08/28/2024 08/28/24 For Sale $224,900 +164.6% $130 / Sq Ft
04/06/2012 04/06/12 Sold $85,000 -14.9% $65 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
04/20/2011 04/20/11 For Sale $99,900 -- $77 / 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
2024 $5,332 $154,100 $19,500 $134,600
2023 $2,240 $137,300 $19,500 $117,800
2022 $2,070 $145,700 $19,500 $126,200
2021 $2,030 $114,700 $15,600 $99,100
2020 $1,404 $100,800 $15,600 $85,200
2019 $1,148 $88,400 $13,800 $74,600
2018 $1,092 $0 $0 $0
2016 $810 $0 $0 $0
2015 $716 $0 $0 $0
2014 $722 $0 $0 $0
2012 $846 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035765

REALTOR® Association of Southern Minnesota

APN: 34.176.0140