NOT LISTED FOR SALE

615 Grace St Albert Lea, MN 56007

Estimated Value: $223,000 - $320,133

3 Beds
1.5 Baths
1,832 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $159,800 $87 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,892/month

178 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Wood Flooring
  • Eat-In Kitchen
  • Deck
  • 3 Car Detached Garage
  • Property is near a preserve or public land

About This Home

As of December 2014

Enjoy the lake view all summer long from the deck or from the living room with its beamed ceilings, cozy fireplace and spacious windows. Plenty of room in the 3 car garage to store your boat.

Last Agent to Sell the Property

Terrence Fox

Coldwell Banker Home Connection-AL Listed on: 04/21/2014

Last Buyer's Agent

Dawn Swalve

Coldwell Banker Home Connection-AL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1926

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x135
  • 45 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Few Trees

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Metal Roof
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Wood Flooring
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 341220310

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,386

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Eat-In Kitchen, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.17
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 341220310
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dryer, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 11x11, On Level: Second Floor
  • Room 2: Bedroom, 11x15, On Level: Second Floor
  • Room 3: Bedroom, 12x12, On Level: Second Floor
  • Room 4: Den/Office, 9x14, On Level: Main
  • Room 5: Dining Room, 6x6, On Level: Main
  • Room 7: 5x6, On Level: Main
  • Room 9: Kitchen, 8x12, On Level: Main
  • Room 11: Laundry Room, 26x12, On Level: Basement
  • Room 12: Living Room, 20x13, On Level: Main
  • Room 16: Rec Room, 21x13, On Level: Basement
  • Room 17: Storage Room, 13x9, On Level: Basement
  • Basement Features: Daylight/Lookout Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1816
  • Below Grade Finished Sq Ft: 16
  • Total Fin Square Footage: 1832
  • Total Square Footage: 2848

Exterior Features

  • Lake Class: Natural Environment
  • Construction Type: Frame/Wood
  • Exterior: Steel, Vinyl
  • Roof: Flat, Metal
  • Waterfront: Yes
  • Water Frontage: 45
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 55x135
  • Lot/Land Description: Landscaped, Tree Coverage - Light

Building Info

  • Year Built: 1926

Tax Info

  • Year: 2014
  • Tax Value: 2386

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
Dec 23, 2014
Sold by
Neale Herbert Herbert
Bought by
Sternhagen Derek Derek
Seller's Agent
Terrence Fox
Coldwell Banker Home Connection-AL
Buyer's Agent
Dawn Swalve
Coldwell Banker Home Connection-AL
List Price
$179,900
Sold Price
$159,800
Premium/Discount to List
-$20,100
-11.17%
Current Estimated Value
$285,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,233
Avg. Annual Appreciation
5.35%
Original Mortgage
$158,800
Outstanding Balance
$120,894
Interest Rate
3.99%
Estimated Equity
$164,139
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
Sternhagen Derek Derek $159,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sternhagen Derek Derek $158,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $159,800 -11.2% $87 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $179,900 -- $98 / 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 $4,940 $314,100 $75,300 $238,800
2024 $4,980 $286,100 $75,300 $210,800
2023 $4,632 $286,900 $75,300 $211,600
2022 $4,052 $258,100 $60,200 $197,900
2021 $4,016 $197,600 $60,200 $137,400
2020 $3,230 $150,900 $45,200 $105,700
2019 $3,070 $142,500 $45,200 $97,300
2018 $3,124 $0 $0 $0
2016 $2,040 $0 $0 $0
2015 $2,344 $0 $0 $0
2014 $2,386 $0 $0 $0
2012 $2,460 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4610154

REALTOR® Association of Southern Minnesota

APN: 34.122.0310