NOT LISTED FOR SALE

622 W Richway Dr Albert Lea, MN 56007

Estimated Value: $381,805 - $402,000

5 Beds
3 Baths
2,882 Sq Ft
$137/Sq Ft Est. Value

About This Home

This home is located at 622 W Richway Dr, Albert Lea, MN 56007 and is currently estimated at $394,951, approximately $137 per square foot. 622 W Richway Dr is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Drewry Williwm F and Drewry Jeanette M
Bought by
Yaw Robert and Yaw Patricia
Current Estimated Value
$394,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,300
Outstanding Balance
$203,050
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$192,629
Source: Public Records

Range of Values:

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.

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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.

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First American

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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.

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Average Value
Not Available
List Price
Sold Price
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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
Yaw Robert $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaw Patricia $281,300
Closed Yaw Robert $281,300
Source: Public Records

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 $5,480 $381,600 $81,800 $299,800
2024 $5,442 $364,100 $81,800 $282,300
2023 $4,992 $364,100 $81,800 $282,300
2022 $4,742 $329,500 $65,500 $264,000
2021 $4,688 $277,500 $65,500 $212,000
2020 $4,450 $260,600 $65,500 $195,100
2019 $4,092 $243,600 $65,500 $178,100
2018 $4,026 $0 $0 $0
2016 $3,568 $0 $0 $0
2015 $3,486 $0 $0 $0
2014 $3,538 $0 $0 $0
2012 $4,090 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

622 W Richway Dr, Albert Lea, MN

This home is located at 622 W Richway Dr, Albert Lea, MN 56007 and is currently estimated at $394,951, approximately $137 per square foot. 622 W Richway Dr is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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