NOT LISTED FOR SALE

643 E 7th St Albert Lea, MN 56007

Estimated Value: $108,000 - $130,000

2 Beds
1 Bath
728 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $109,900 $151 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $697/month

21 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2023

Room to grow! Well kept 2 bedroom, 1 bathroom home with an unfinished basement that has an egress window, a perfect space to add another bedroom (and bathroom.) There is a walk up attic that is currently unused but could be a great space for seasonal storage. There is also a large back yard to enjoy.

Last Agent to Sell the Property

Daniel Gullickson

Robert Hoffman Realty Inc. Listed on: 04/10/2023

Co-Listed By

Robert Hoffman

Robert Hoffman Realty Inc.

Last Buyer's Agent

Jennifer Tolbers

Robert Hoffman Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1939

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 5x196
  • Irregular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Flex
  • Unfinished Walls

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lake Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340363040

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

Built in 1939

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: 1939
  • Above Grade Finished Sq Ft: 728
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Full, Unfinished
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 728
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Laundry, Unfinished, Flex Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 180

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 5x196
  • Lot Size Sq Ft: 10977.12
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340363040
  • Tax Annual Amount: 782
  • TaxWithAssessments: 782.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 17, 2023
Sold by
Peterson- Talamantes Jered and Talamantes Ray
Bought by
Wurst Wayne and Wurst Karon
Seller's Agent
Daniel Gullickson
Robert Hoffman Realty Inc.
Buyer's Agent
Jennifer Tolbers
Robert Hoffman Realty Inc.
List Price
$109,900
Sold Price
$109,900
Views
224
Current Estimated Value
$118,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,428
Avg. Annual Appreciation
1.26%
Original Mortgage
$67,920
Outstanding Balance
$66,140
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$47,054

Purchase Details

Closed on
Aug 14, 2015
Sold by
Grimmius Ryan Ryan
Bought by
Ray Jered

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
3.94%
Source: Public Records

Range of Values:

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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
Wurst Wayne $109,900 --
Ray Jered $58,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wurst Wayne $67,920
Previous Owner Ray Jered $58,200
Previous Owner Petersen Talamantes Jered M $55,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $109,900 0.0% $151 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $109,900 -- $151 / 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 $876 $112,500 $22,000 $90,500
2024 $770 $80,400 $15,700 $64,700
2023 $782 $71,100 $15,700 $55,400
2022 $796 $73,400 $15,700 $57,700
2021 $572 $64,700 $15,700 $49,000
2020 $550 $43,000 $11,000 $32,000
2019 $464 $37,000 $9,400 $27,600
2018 $448 $0 $0 $0
2016 $442 $0 $0 $0
2015 $510 $0 $0 $0
2014 $524 $0 $0 $0
2012 $636 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6352965

NorthstarMLS

APN: 34.036.3040