611 Giles Place Unit 2 Albert Lea, MN 56007
4
Beds
2
Baths
2,016
Sq Ft
9,583
Sq Ft Lot
Highlights
- No HOA
- 2 Car Attached Garage
- Central Air
- The kitchen features windows
- Living Room
- Hot Water Heating System
About This Home
As of February 2025Great location for this updated four bedroom, two bath home with an attached two car garage. Enjoy the great space this home has to offer. Large Park across the street and home is close to the City beach. Previously used as a two-unit duplex that has been converted into a single-family home. This home can easily be converted back to individual units as they still have their own furnace & electric/gas meters. Could make a great vacation rental or daycare business. Take a stroll through our 3D tour and then call for your private showing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,392
Year Built
- Built in 1978
Lot Details
- 9,583 Sq Ft Lot
- Additional Parcels
Parking
- 2 Car Attached Garage
Home Design
- Bi-Level Home
Interior Spaces
- Family Room
- Living Room
- Finished Basement
- Basement Window Egress
- The kitchen features windows
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Central Air
- Hot Water Heating System
- 100 Amp Service
Community Details
- No Home Owners Association
- Giles Place Condominium Subdivision
Listing and Financial Details
- Assessor Parcel Number 344150010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Feb 27, 2025
Sold by
Dmb Investment Properties Llc A Minneso
Bought by
Palmer Chance
Seller's Agent
Matt Johnson
Leland Realty
Buyer's Agent
Scott Millhouse
Leland Realty
List Price
$249,900
Sold Price
$221,000
Premium/Discount to List
-$28,900
-11.56%
Views
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,556
Avg. Annual Appreciation
-86.26%
Original Mortgage
$165,750
Outstanding Balance
$165,615
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$46,171
Purchase Details
Closed on
Aug 5, 2016
Sold by
Larson David David
Similar Homes in Albert Lea, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $221,000 | -- | |
| Deed | $485,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,750 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $221,000 | -7.9% | $110 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 12/05/2024 12/05/24 | Price Changed | $239,900 | -4.0% | $119 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $249,900 | -- | $124 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,192 | $85,500 | $7,300 | $78,200 |
| 2023 | $1,316 | $75,400 | $9,200 | $66,200 |
| 2022 | $1,292 | $83,900 | $9,200 | $74,700 |
| 2021 | $1,320 | $70,500 | $9,200 | $61,300 |
| 2020 | $1,240 | $67,100 | $9,200 | $57,900 |
| 2019 | $1,112 | $61,000 | $9,200 | $51,800 |
| 2018 | $1,080 | $0 | $0 | $0 |
| 2016 | $1,040 | $0 | $0 | $0 |
| 2015 | $1,016 | $0 | $0 | $0 |
| 2014 | $1,188 | $0 | $0 | $0 |
| 2012 | $1,426 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Johnson
Seller's Agent in 2025
Matt Johnson
Leland Realty
(507) 213-0360
183 in this area
256 Total Sales
-
Heather Allen
Seller Co-Listing Agent in 2025
Heather Allen
Leland Realty
(507) 318-0453
184 in this area
259 Total Sales
-
Scott Millhouse
S
Buyer's Agent in 2025
Scott Millhouse
Leland Realty
(507) 383-1205
10 in this area
11 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6622321
APN: 34.415.0020
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