NOT LISTED FOR SALE

531 Meadow Ln Albert Lea, MN 56007

Albert Lea Area

Estimated Value: $501,000 - $517,564

4 Beds
3 Baths
3,648 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2015

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

Est. 42% increase in value since last sale

Current estimated payment $3,472 / mo

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.

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,088

Year Built

  • Built in 2007

Lot Details

  • 20,038 Sq Ft 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

0.46 Acres

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
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Bought by
Current Estimated Value
$510,855

Purchase Details

Listed on
Jul 28, 2014
Closed on
Apr 1, 2015
Sold by
Bought by
Seller's Agent
Pamela Schmidt
Coldwell Banker Home Connection-AL
Buyer's Agent
Steven Lehner
Leland Realty, Inc.
List Price
$384,900
Sold Price
$360,000
Premium/Discount to List
-$24,900
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$288,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Albert Lea, MN

  • Glori Haidar Real Estate Agent - Edina Realty, Inc.

    Glori Haidar

    Edina Realty, Inc.

    (712) 624-7741

    58 Total Sales

    2 in Albert Lea

    $35K - $320K Price Range

    Glori Haidar
     Section Image
  • Jennifer Walsh Real Estate Agent - eXp Realty

    Jennifer Walsh

    eXp Realty

    (507) 460-5522

    131 Total Sales

    5 in Albert Lea

    $88K - $205K Price Range

    Jennifer Walsh
     Section Image
  • Deb Schmidt Real Estate Agent - Help-U-Sell Heritage Real Est.

    Deb Schmidt

    Help-U-Sell Heritage Real Est.

    (507) 431-0098

    307 Total Sales

    26 in Albert Lea

    $48K - $320K Price Range

    Deb Schmidt
     Section Image
  • Riley Lind Real Estate Agent - eXp Realty

    Riley Lind

    eXp Realty

    (406) 412-4623

    126 Total Sales

    1 in Albert Lea

    $172,000 Price

    Riley Lind
     Section Image
  • Matt Johnson Real Estate Agent - Leland Realty

    Matt Johnson

    Leland Realty

    (507) 528-8812

    245 Total Sales

    177 in Albert Lea

    $7K - $665K Price Range

    Matt Johnson
     Section Image
  • Shara Schmidt Real Estate Agent - eXp Realty

    Shara Schmidt

    eXp Realty

    (888) 299-1794

    50 Total Sales

    1 in Albert Lea

    $167,000 Price

    Shara Schmidt
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 None Available
$425,000 --
$360,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $148,000
Previous Owner $288,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,030 $540,000 $37,200 $502,800
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

  • PS

    Seller's Agent in 2015

    Pamela Schmidt

    Coldwell Banker Home Connection-AL

  • SL

    Buyer's Agent in 2015

    Steven Lehner

    Leland Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4653385

REALTOR® Association of Southern Minnesota

APN: 34.388.0110

Minnesota Freeborn County Albert Lea 56007

531 Meadow Ln, Albert Lea, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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