NOT LISTED FOR SALE

70308 240th St Albert Lea, MN 56007

Estimated Value: $291,000 - $298,838

3 Beds
2 Baths
2,570 Sq Ft
$115/Sq Ft Est. Value

About This Home

This home is located at 70308 240th St, Albert Lea, MN 56007 and is currently estimated at $294,919, approximately $114 per square foot. 70308 240th St is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2016
Bought by
Hayes Michael Michael
Current Estimated Value
$294,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$82,997
Interest Rate
3.57%
Estimated Equity
$156,592
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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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
Hayes Michael Michael $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Michael Michael $104,000
Source: Public Records

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 $2,234 $243,900 $69,600 $174,300
2024 $1,974 $243,000 $69,600 $173,400
2023 $1,902 $207,500 $69,600 $137,900
2022 $1,504 $196,700 $54,600 $142,100
2021 $1,486 $139,700 $50,100 $89,600
2020 $1,308 $123,000 $40,100 $82,900
2019 $1,268 $123,000 $40,100 $82,900
2018 $1,062 $0 $0 $0
2016 $1,720 $0 $0 $0
2015 $1,736 $0 $0 $0
2014 $1,740 $0 $0 $0
2012 $2,342 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

70308 240th St, Albert Lea, MN

This home is located at 70308 240th St, Albert Lea, MN 56007 and is currently estimated at $294,919, approximately $114 per square foot. 70308 240th St is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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