NOT LISTED FOR SALE

612 Cherry Ave Albert Lea, MN 56007

Estimated Value: $149,000 - $162,556

3 Beds
2 Baths
1,680 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $124,900 $74 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $943/month

154 Days on Market

Highlights

  • Deck
  • Den
  • Laundry Room
  • No HOA
  • Living Room
  • Storage Room

About This Home

As of May 2023

This 3 bedroom, 2 bath ranch style property boasts a warm and inviting atmosphere, perfect for both entertaining and comfortable living. The living and dining room area is filled with natural light, creating a bright and airy feel throughout the space. The kitchen is fully equipped, providing the ideal setting for whipping up delicious meals for family and friends.

Step outside to the deck in the backyard. There is a detached garage as well as a shed for great storage, making it easy to keep your outdoor space clutter-free.

The home's new shingles provide the peace of mind knowing that your roof is in top condition.

With 3 bedrooms and 2 bathrooms, this home has everything you need to live comfortably. Don't miss your chance to make this beautiful property your own, schedule a showing today!

Last Agent to Sell the Property

Heather Allen

Leland Realty Listed on: 11/09/2022

Co-Listed By

Matt Johnson

Leland Realty

Last Buyer's Agent

Matt Johnson

Leland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 1953

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 65x120

Parking

  • 1 Car Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Basement Storage

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ginkels Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341900130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,778

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 1072
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Storage Space, Sump Pump
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1680
  • Fireplace: No
  • Below Grade Finished Sq Ft: 608
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Laundry, Storage, Family Room, Den
  • SqFtTotal: 1984.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Washer/Dryer Hookup

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x120
  • Lot Size Sq Ft: 7797.24
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 341900130
  • Tax Annual Amount: 1778
  • TaxWithAssessments: 1778.0000

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
May 4, 2023
Sold by
Stephenson Jamie and Stephenson Sara
Bought by
Otterson Dean and Otterson Jolene
Seller's Agent
Heather Allen
Leland Realty
Buyer's Agent
Matt Johnson
Leland Realty
List Price
$144,900
Sold Price
$124,900
Premium/Discount to List
-$20,000
-13.8%
Views
692
Current Estimated Value
$156,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,239
Avg. Annual Appreciation
9.04%
Original Mortgage
$124,900
Outstanding Balance
$121,446
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$34,693

Purchase Details

Closed on
Jun 10, 2022
Sold by
Loge James and Loge Jane
Bought by
Stephenson Jamie and Stephenson Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Otterson Dean $124,900 --
Stephenson Jamie $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otterson Dean $124,900
Previous Owner Stephenson Jamie $111,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $124,900 -2.3% $74 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $127,900 -11.7% $76 / Sq Ft
02/18/2023 02/18/23 For Sale $144,900 0.0% $86 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
12/05/2022 12/05/22 Price Changed $144,900 -3.3% $86 / Sq Ft
11/09/2022 11/09/22 For Sale $149,900 -- $89 / Sq Ft
Source: NorthstarMLS

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 $1,490 $133,600 $18,900 $114,700
2024 $1,742 $123,200 $18,900 $104,300
2023 $1,778 $133,500 $18,900 $114,600
2022 $1,542 $136,300 $13,200 $123,100
2021 $1,382 $108,600 $13,200 $95,400
2020 $1,300 $95,400 $11,300 $84,100
2019 $994 $80,200 $9,500 $70,700
2018 $938 $0 $0 $0
2016 $760 $0 $0 $0
2015 $742 $0 $0 $0
2014 $652 $0 $0 $0
2012 $926 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6306733

NorthstarMLS

APN: 34.190.0130