NOT LISTED FOR SALE

626 E Park Ave Albert Lea, MN 56007

Estimated Value: $314,000 - $439,636

4 Beds
3 Baths
2,442 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $330,000 $135 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,401/month

228 Days on Market

Highlights

  • Lake Front
  • 20,038 Sq Ft lot
  • Sitting Room
  • Beach Access
  • No HOA
  • The kitchen features windows

About This Home

As of March 2023

Come and see one of Albert Lea's Premier Park Avenue homes. Absolutely stunning turn-of-the-century 2-story home sits on Fountain Lake. Gorgeous woodwork adds loads of charm. formal dining room with a killer view, updated kitchen, spacious living room, main floor family room, great for watching the sun rise on the lake, and a 1⁄2 bath as well. 4 bedrooms on upper level with that view you want to wake up to. Huge lakeshore lot for entertaining. Don't miss out on this home, it speaks for itself.

Last Agent to Sell the Property

Josh Harmdierks

Unique Realty Listed on: 06/06/2022

Last Buyer's Agent

Scott Millhouse

Leland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1880

Lot Details

  • 0.46 Acre Lot
  • Lake Front
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Outdoor Features

  • Beach Access

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ballards Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341230380

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,842

Year Built

Built in 1880

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 2442
  • Water Body Name: Fountain
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Stone/Rock
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Living Area: 2442
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom, Foyer, Sitting Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Tile
  • Fencing: None
  • View: East, Lake, Panoramic
  • ConstructionMaterialsDesc: Frame
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,French Doors,Hardwood Floors,Kitchen Window,Patio,Paneled Doors,Porch,Panoramic View,Sun Room,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: .46
  • Lot Size Sq Ft: 20037.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 341230380
  • Tax Annual Amount: 3842
  • TaxWithAssessments: 3896.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Mar 2, 2023
Sold by
Hood Rose
Bought by
Munson Breanna and Munson Brandon
Seller's Agent
Josh Harmdierks
Unique Realty
Buyer's Agent
Scott Millhouse
Leland Realty
List Price
$499,000
Sold Price
$330,000
Premium/Discount to List
-$169,000
-33.87%
Views
147
Current Estimated Value
$388,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,159
Avg. Annual Appreciation
5.58%
Original Mortgage
$230,000
Outstanding Balance
$222,805
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$165,354
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Munson Breanna $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munson Breanna $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $330,000 -17.5% $135 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/01/2023 01/01/23 Price Changed $399,900 -2.4% $164 / Sq Ft
10/27/2022 10/27/22 Price Changed $409,900 -3.5% $168 / Sq Ft
09/21/2022 09/21/22 Price Changed $424,900 -5.5% $174 / Sq Ft
07/26/2022 07/26/22 Price Changed $449,777 -5.5% $184 / Sq Ft
06/24/2022 06/24/22 Price Changed $475,777 -4.7% $195 / Sq Ft
06/06/2022 06/06/22 For Sale $499,000 -- $204 / Sq Ft
Source: NorthstarMLS

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 $4,836 $273,100 $169,200 $103,900
2024 $4,706 $325,100 $169,200 $155,900
2023 $4,218 $318,200 $169,200 $149,000
2022 $3,896 $274,500 $135,400 $139,100
2021 $3,864 $232,800 $135,400 $97,400
2020 $3,780 $225,400 $101,500 $123,900
2019 $3,654 $220,500 $101,500 $119,000
2018 $3,608 $0 $0 $0
2016 $3,304 $0 $0 $0
2015 $3,368 $0 $0 $0
2014 $3,382 $0 $0 $0
2012 $4,504 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6213789

NorthstarMLS

APN: 34.123.0380

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