NOT LISTED FOR SALE

530 Park Ave Albert Lea, MN 56007

Estimated Value: $232,000 - $511,000

3 Beds
2 Baths
2,568 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $225,000 $88 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,479/month

277 Days on Market

Highlights

  • Spa
  • Deck
  • 2 Car Attached Garage
  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2013

Newer construction in established neighborhood. Open floor plan is ideal for today's lifestyle. Master Suite & Great Room opens to private deck. Hardwood floors, custom maple cabinetry.

Home Details

Home Type

  • Single Family

Year Built

  • 2010

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk Through Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 341230320

Home Details

Home Type

Single Family

Year Built

2010

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Broadband Available, Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Hot Tub
  • Estimated Number of Acres: 0.2
  • Construction: Previously Owned
  • Mechanicals: Electronic Air Filter, Water Softener-Owned, Sump Pump
  • Parcel Number: 341230320
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Dining Room: Breakfast Bar, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Separate Tub & Shower, Walk Thru
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 2: Bedroom, 13x14, On Level: Basement
  • Room 3: Bedroom, 13x14, On Level: Basement
  • Room 6: Family Room, 17x18, On Level: Basement
  • Room 8: Great Room, 18x38, On Level: Main
  • Room 9: Kitchen, 14x14, On Level: Main
  • Room 11: Laundry Room, 6x12, On Level: Main
  • Room 13: Master Bedroom, 14x14, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1388
  • Below Grade Finished Sq Ft: 1180
  • Total Fin Square Footage: 2568
  • Total Square Footage: 2776

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Brick, Vinyl, Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: .20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2012
Closed on
Apr 15, 2013
Sold by
Rome Patrick J and Rome Maurne A
Bought by
Peterson Dwane E and Peterson Mary J
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$396,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,758
Avg. Annual Appreciation
4.53%
Original Mortgage
$70,000
Outstanding Balance
$14,894
Interest Rate
3.6%
Estimated Equity
$381,864
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 Buyer Sale Price Title Company
Peterson Dwane E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Dwane E $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2013 04/15/13 Sold $225,000 -10.0% $88 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
06/21/2012 06/21/12 For Sale $249,900 -- $97 / 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 $5,032 $455,800 $18,700 $437,100
2024 $4,792 $362,500 $18,700 $343,800
2023 $4,100 $349,100 $18,700 $330,400
2022 $4,212 $306,200 $18,700 $287,500
2021 $4,056 $275,000 $18,700 $256,300
2020 $3,744 $249,000 $14,700 $234,300
2019 $3,502 $238,000 $13,900 $224,100
2018 $3,396 $0 $0 $0
2016 $3,658 $0 $0 $0
2015 $3,354 $0 $0 $0
2014 $3,186 $0 $0 $0
2012 $3,400 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4327890

REALTOR® Association of Southern Minnesota

APN: 34.123.0320