NOT LISTED FOR SALE

703 Freeborn Ave Albert Lea, MN 56007

Estimated Value: $70,000 - $114,564

3 Beds
1.5 Baths
1,284 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $47,500 $37 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $669/month

77 Days on Market

Highlights

  • No HOA
  • Porch
  • Laundry Room
  • The kitchen features windows
  • Living Room
  • 1-minute walk to Albert Lea Park & Recreation

About This Home

As of January 2024

Affordable and charming 3 bedroom 2 bathroom home located off Freeborn Ave in Albert Lea. Featuring natural woodwork and hardwood floors, 3 bedrooms and a full bath upstairs, and another half-bath on the main level! Schedule your showing today!

Last Agent to Sell the Property

Deb Schmidt

Help-U-Sell Heritage Real Est. Listed on: 10/10/2023

Last Buyer's Agent

Breanna Kohn

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1914

Lot Details

  • 5,968 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 1 Car Garage

Home Design

  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • The kitchen features windows
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Home Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341800430

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 1284
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Unfinished
  • Appliances: None
  • Living Area: 1284
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Foyer, Four Season Porch, Laundry
  • SqFtTotal: 1956.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Enclosed,Front Porch,Rear Porch

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: None
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 x 120
  • Lot Size Sq Ft: 5967.72
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 341800430
  • Tax Annual Amount: 654
  • TaxWithAssessments: 1860.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 11, 2024
Sold by
Allied First Bank Sb Dba Servbank
Bought by
Welcome Home Realty Llc
Seller's Agent
Deb Schmidt
Help-U-Sell Heritage Real Est.
Buyer's Agent
Breanna Kohn
Keller Williams Premier Realty
List Price
$54,900
Sold Price
$47,500
Premium/Discount to List
-$7,400
-13.48%
Views
398
Current Estimated Value
$96,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,391
Avg. Annual Appreciation
45.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Welcome Home Realty Llc $47,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $47,500 -13.5% $37 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $54,900 -- $43 / 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 $1,928 $87,200 $20,600 $66,600
2024 $2,122 $56,500 $8,200 $48,300
2023 $1,860 $68,900 $8,200 $60,700
2022 $672 $66,800 $8,200 $58,600
2021 $792 $53,900 $8,200 $45,700
2020 $792 $64,000 $8,200 $55,800
2019 $700 $57,500 $7,300 $50,200
2018 $862 $0 $0 $0
2016 $636 $0 $0 $0
2015 $620 $0 $0 $0
2014 $656 $0 $0 $0
2012 $776 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deb Schmidt

    Seller's Agent in 2024

    Deb Schmidt

    Help-U-Sell Heritage Real Est.

    (507) 451-6000

    27 in this area

    300 Total Sales

    Deb Schmidt
    Section Image
  • Breanna Kohn

    Buyer's Agent in 2024

    Breanna Kohn

    Keller Williams Premier Realty

    (507) 259-8116

    2 in this area

    73 Total Sales

    Breanna Kohn
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6445859

NorthstarMLS

APN: 34.180.0430

Minnesota Freeborn County Albert Lea 56007

703 Freeborn Ave, Albert Lea, MN

Not Listed for Sale

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