NOT LISTED FOR SALE

531 Meadow Ln Albert Lea, MN 56007

Estimated Value: $461,683 - $563,000

4 Beds
3 Baths
3,648 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $360,000 $99 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,298/month

154 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Formal Dining Room
  • 0.46 Acre Lot
  • Whirlpool Bathtub
  • 3 Car Attached Garage

About This Home

As of April 2015

Step into this grand entrance, surrounded by warm cherry floors, stunning & spacious open concept luxury ranch. Main floor laundry, formal dining, 2 gas fireplaces, 9 ft. ceilings. Kitchen w/ stainless appliances & quartz island. Central vac, 3 stall heated garage, Private Master w/separate shower. Main floor office or 5th bedroom, Pergola patio & RV parking. Home Warranty Included.

Last Agent to Sell the Property

Pamela Schmidt

Coldwell Banker Home Connection-AL Listed on: 07/28/2014

Last Buyer's Agent

Steven Lehner

Leland Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,088

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 128x158
  • Landscaped
  • Sprinkler System

Home Design

  • Poured Concrete
  • Frame Construction
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Electric Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Driveway
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Patio

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 343880110

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,088

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Home Warranty, Kitchen Center Island, Walk-In Closet, Wet Bar
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System, Patio, RV Parking
  • Estimated Number of Acres: 0.46
  • Mechanicals: Air to Air Exchange, Central Vacuum, Water Softener-Owned, Sump Pump
  • Parcel Number: 343880110
  • Stories: 1 Story
  • Street Designation: Lane
  • Taxes With Assessments: 5088
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Electric
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 2: Bedroom, 13x16, On Level: Main
  • Room 3: Bedroom, 11x14, On Level: Basement
  • Room 4: Den/Office, 11x11, On Level: Main
  • Room 6: Family Room, 28x20, On Level: Basement
  • Room 8: Great Room, 17x17, On Level: Main
  • Room 9: Kitchen, 13x16, On Level: Main
  • Room 11: Laundry Room, 6x12, On Level: Main
  • Room 13: Master Bedroom, 15x13, On Level: Main
  • Room 15: Other, 8x10, On Level: Basement
  • Basement Features: Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1824
  • Below Grade Finished Sq Ft: 1824
  • Total Fin Square Footage: 3648
  • Total Square Footage: 3648

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Stone

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 128x158
  • Lot/Land Description: Landscaped

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2015
  • Tax Value: 5088

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Steckman Ronald Ronald
Bought by
Miller John John
Current Estimated Value
$522,228
Source: Public Records

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 Buyer Sale Price Title Company
Miller John John $425,000 --
Miller John L $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller John L $148,000
Previous Owner Steckman Ronald J $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $360,000 -6.5% $99 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $384,900 -- $106 / 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 $6,474 $522,700 $37,200 $485,500
2024 $6,456 $424,100 $37,200 $386,900
2023 $5,702 $428,200 $37,200 $391,000
2022 $6,134 $380,200 $37,200 $343,000
2021 $6,048 $350,900 $37,200 $313,700
2020 $5,960 $333,900 $37,200 $296,700
2019 $5,762 $331,600 $37,200 $294,400
2018 $5,908 $0 $0 $0
2016 $5,212 $0 $0 $0
2015 $5,088 $0 $0 $0
2014 $5,108 $0 $0 $0
2012 $5,562 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4653385

REALTOR® Association of Southern Minnesota

APN: 34.388.0110