NOT LISTED FOR SALE

525 W Main St Albert Lea, MN 56007

Estimated Value: $116,000 - $285,529

12 Beds
9 Baths
2,636 Sq Ft
$69/Sq Ft Est. Value

About This Home

This home is located at 525 W Main St, Albert Lea, MN 56007 and is currently estimated at $182,132, approximately $69 per square foot. 525 W Main St is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Smith Curtis D and Smith Jana V
Bought by
212 South Broadway Llc
Current Estimated Value
$182,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$105,716
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$61,594

Purchase Details

Closed on
Jan 20, 2016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,313
Interest Rate
3.92%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Mccornack Michael Michael
Bought by
Pratt Lanier Lanier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.4%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
212 South Broadway Llc $175,000 None Available
-- $43,300 --
Pratt Lanier Lanier $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 212 South Broadway Llc $140,000
Previous Owner -- $43,313
Previous Owner Pratt Lanier Lanier $87,000
Source: Public Records

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 $2,144 $101,600 $14,300 $87,300
2024 $1,318 $101,400 $6,100 $95,300
2023 $1,316 $59,800 $6,100 $53,700
2022 $2,502 $59,600 $6,100 $53,500
2021 $2,302 $108,200 $6,100 $102,100
2020 $2,290 $97,900 $6,100 $91,800
2019 $2,400 $105,700 $5,600 $100,100
2018 $2,160 $0 $0 $0
2016 $1,780 $0 $0 $0
2015 $1,720 $0 $0 $0
2014 $1,728 $0 $0 $0
2012 $2,428 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

525 W Main St, Albert Lea, MN

This home is located at 525 W Main St, Albert Lea, MN 56007 and is currently estimated at $182,132, approximately $69 per square foot. 525 W Main St is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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