NOT LISTED FOR SALE

701 Madison Ave Albert Lea, MN 56007

Estimated Value: $55,000 - $104,000

2 Beds
1 Bath
908 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $20,000 $22 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $423/month

38 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Patio
  • Corner Lot
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of February 2014

Whether you are looking for a first time home or an investment property - check out this home! It is in move-in condition.

Last Agent to Sell the Property

Terrence Fox

Coldwell Banker Home Connection-AL Listed on: 12/27/2013

Last Buyer's Agent

Dawn Swalve

Coldwell Banker Home Connection-AL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Corner Lot
  • Few Trees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 908 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 340140750

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.11
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 340140750
  • Rental License: Yes
  • Room 18: Sunroom/Solarium, 11x7, On Level: Main
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 9x8, On Level: Main
  • Room 2: Bedroom, 11x10, On Level: Second Floor
  • Room 4: Den/Office, 10x7, On Level: Second Floor
  • Room 7: 7x5, On Level: Main
  • Room 9: Kitchen, 14x12, On Level: Main
  • Room 12: Living Room, 13x11, On Level: Main
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 908
  • Total Fin Square Footage: 908
  • Total Square Footage: 1549

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 50x100
  • Lot/Land Description: Corner Lot, Tree Coverage - Light

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2013
  • Tax Value: 672

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
Feb 25, 2014
Sold by
Jeanne E Jeanne E and Roe Julianne E
Bought by
Attig Mark
Seller's Agent
Terrence Fox
Coldwell Banker Home Connection-AL
Buyer's Agent
Dawn Swalve
Coldwell Banker Home Connection-AL
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%
Current Estimated Value
$71,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,828
Avg. Annual Appreciation
11.13%
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
Attig Mark -- North American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2014 02/25/14 Sold $20,000 -33.1% $22 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $29,900 -- $33 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $602 $47,500 $12,700 $34,800
2024 $534 $34,800 $5,500 $29,300
2023 $446 $31,400 $5,500 $25,900
2022 $522 $25,600 $5,500 $20,100
2021 $490 $26,600 $5,500 $21,100
2020 $488 $24,600 $5,500 $19,100
2019 $442 $22,900 $5,000 $17,900
2018 $404 $0 $0 $0
2016 $526 $0 $0 $0
2015 $508 $0 $0 $0
2014 $510 $0 $0 $0
2012 $742 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4566798

REALTOR® Association of Southern Minnesota

APN: 34.014.0750