NOT LISTED FOR SALE

701 Madison Ave Albert Lea, MN 56007

Albert Lea Area

Estimated Value: $53,000 - $107,000

2 Beds
1 Bath
908 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2014

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

Est. 334% increase in value since last sale

Current estimated payment $538 / mo

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

4,792 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
Feb 25, 2014
Sold by
Bought by
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
$86,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,871
Avg. Annual Appreciation
12.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- North American Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $786 $47,500 $12,700 $34,800
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

  • T

    Seller's Agent in 2014

    Terrence Fox

    Coldwell Banker Home Connection-AL

  • D

    Buyer's Agent in 2014

    Dawn Swalve

    Coldwell Banker Home Connection-AL

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4566798

REALTOR® Association of Southern Minnesota

APN: 34.014.0750

Minnesota Freeborn County Albert Lea 56007

701 Madison Ave, Albert Lea, MN

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.