NOT LISTED FOR SALE

705 Garfield Ave Albert Lea, MN 56007

Estimated Value: $166,000 - $198,000

3 Beds
2 Baths
2,437 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $69,840 $29 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,078/month

21 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Bathroom on Main Level
  • Dining Room
  • 2-minute walk to Albert Lea Park & Recreation

About This Home

As of July 2012

Well cared for, 3 bd.,(2 main), 2 bths w/showers, large rooms, built-ins, dining, hardwoods underneath, neutral decor. 2 stalls, NEWER shingles, exterior & interior paint, NEWER furnace/ca, water heater, windows and 3 season porch. MOVE IN READY & PRICED TO SELL!

Last Agent to Sell the Property

Pamela Schmidt

Coldwell Banker Home Connection-AL Listed on: 06/04/2012

Last Buyer's Agent

Emelie Paulson

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 120x50

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 341802230

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Washer/Dryer Hookups
  • Estimated Number of Acres: 0.14
  • Mechanicals: Water Heater-Gas, Sump Pump
  • Parcel Number: 341802230
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 9' 9x11, On Level: Main
  • Room 2: Bedroom, 13' 5x9' 5, On Level: Main
  • Room 3: Bedroom, 14' 8x11' 9, On Level: Upper
  • Room 4: Den/Office, 15' 8x14, On Level: Lower
  • Room 5: Dining Room, 14x8, On Level: Main
  • Room 9: Kitchen, 10' 9x11, On Level: Main
  • Room 11: On Level: Lower
  • Room 12: Living Room, 19x14' 6, On Level: Main
  • Room 15: Other, 18x11' 9, On Level: Upper
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1417
  • Below Grade Finished Sq Ft: 1020
  • Total Fin Square Footage: 2437
  • Total Square Footage: 2437

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 120x50

Building Info

  • Year Built: 1947

Tax Info

  • Year: 2012
  • Tax Value: 890

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jul 23, 2012
Sold by
Franics Walter Leo and Francis Stephanie
Bought by
Goodman Beth M
Seller's Agent
Pamela Schmidt
Coldwell Banker Home Connection-AL
Buyer's Agent
Emelie Paulson
RE/MAX Properties
List Price
$74,500
Sold Price
$69,840
Premium/Discount to List
-$4,660
-6.26%
Current Estimated Value
$184,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,850
Avg. Annual Appreciation
7.46%
Original Mortgage
$66,348
Outstanding Balance
$45,756
Interest Rate
3.65%
Estimated Equity
$138,934
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
Goodman Beth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodman Beth M $66,348
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2012 07/26/12 Sold $69,840 -6.3% $29 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $74,500 -- $31 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,424 $177,300 $20,600 $156,700
2024 $1,516 $119,100 $8,200 $110,900
2023 $1,450 $119,500 $8,200 $111,300
2022 $1,214 $116,000 $8,200 $107,800
2021 $1,036 $91,200 $8,200 $83,000
2020 $1,060 $82,800 $8,200 $74,600
2019 $900 $74,800 $7,300 $67,500
2018 $866 $0 $0 $0
2016 $842 $0 $0 $0
2015 $834 $0 $0 $0
2014 $904 $0 $0 $0
2012 $890 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4327536

REALTOR® Association of Southern Minnesota

APN: 34.180.2230