NOT LISTED FOR SALE

638 E Park Ave Albert Lea, MN 56007

Estimated Value: $263,000 - $309,000

4 Beds
7 Baths
2,989 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $136,100 $46 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,827/month

32 Days on Market

Highlights

  • 94 Feet of Waterfront
  • Beach Access
  • Wood Flooring
  • Docks
  • Deck
  • Formal Dining Room

About This Home

As of May 2013

This spacious true Lakeshore home is waiting for you. Always wanted to live on the water? Now you can, and at an affordable price. You won't believe the view!

Last Agent to Sell the Property

Jay Waltman

RE/MAX Properties Listed on: 02/26/2013

Last Buyer's Agent

Jay Waltman

RE/MAX Properties Listed on: 02/26/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,044

Year Built

  • 1895

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 49x108x94x126
  • 94 Feet of Waterfront
  • Landscaped
  • Irregular Lot
  • Few Trees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 341230400

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,044

Year Built

1895

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Kitchen Center Island, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.2
  • Beach Type: Hard
  • Parcel Number: 341230400
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 3436
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1895

Interior Features

  • Dining Room: Combine with Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: On Level: Second Floor
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 4: On Level: Main
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Second Floor
  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2452
  • Below Grade Finished Sq Ft: 537
  • Total Fin Square Footage: 2989
  • Total Square Footage: 3848

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Lake Class: Recreation Dvelopmnt
  • Waterfront Name: Fountain
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Waterfront: Yes
  • Water Frontage: 94

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 49x108x94x126
  • Lot/Land Description: Accessible Shoreline, Irregular Lot, Landscaped, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2018
Sold by
Schei Jeffrey A and Schei Rachel A
Bought by
Claussen Jeffrey D and Claussen Julie A
Current Estimated Value
$281,116

Purchase Details

Listed on
Feb 26, 2013
Closed on
May 3, 2013
Sold by
Blumer Ario R and Blumer Mary Ann
Bought by
Schei Jeffrey A and Schei Rachel A
Seller's Agent
Jay Waltman
RE/MAX Properties
Buyer's Agent
Jay Waltman
RE/MAX Properties
List Price
$159,900
Sold Price
$136,100
Premium/Discount to List
-$23,800
-14.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$129,295
Interest Rate
3.52%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Blumer Arlo R and Blumer Mary Ann
Bought by
Blumer Arlo R and Blumer Family Trust
Source: Public Records

Range of Values:

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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
Claussen Jeffrey D $150,000 None Available
Schei Jeffrey A -- Minnesota Abstract & Title C
Blumer Arlo R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schei Jeffrey A $129,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $136,100 -14.9% $46 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $159,900 -- $53 / 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 $4,044 $223,000 $85,400 $137,600
2024 $3,978 $233,400 $85,400 $148,000
2023 $3,674 $226,000 $85,400 $140,600
2022 $3,326 $199,300 $68,300 $131,000
2021 $3,306 $160,600 $68,300 $92,300
2020 $2,796 $129,600 $51,200 $78,400
2019 $2,738 $126,500 $51,200 $75,300
2018 $2,726 $0 $0 $0
2016 $1,972 $0 $0 $0
2015 $2,048 $0 $0 $0
2014 $2,306 $0 $0 $0
2012 $3,436 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jay Waltman

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4443403

REALTOR® Association of Southern Minnesota

APN: 34.123.0400

Minnesota Freeborn County Albert Lea 56007

638 E Park Ave, Albert Lea, MN

This home is located at 638 E Park Ave, Albert Lea, MN 56007 since 26 February 2013 and is currently estimated at $281,116, approximately $94 per square foot. This property was built in 1895. 638 E Park Ave is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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