NOT LISTED FOR SALE

705 N Shore Ave Albert Lea, MN 56007

Estimated Value: $303,000 - $335,000

4 Beds
3 Baths
3,475 Sq Ft
$94/Sq Ft Est. Value

About This Home

This home is located at 705 N Shore Ave, Albert Lea, MN 56007 and is currently estimated at $325,989, approximately $93 per square foot. 705 N Shore Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Penfold John A and Paige Sarah
Bought by
Henkes Lindsey M and Horecka Duglas R
Current Estimated Value
$325,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Outstanding Balance
$206,891
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$109,333

Purchase Details

Closed on
Aug 1, 2019
Sold by
Opstad Linda J and Opstad Neil D
Bought by
Penfold John A and Paige Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Henkes Lindsey M $240,000 None Available
Penfold John A $223,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henkes Lindsey M $232,800
Previous Owner Penfold John A $178,400
Previous Owner Opstad Neil D $178,400
Previous Owner Opstad Neil D $110,700
Previous Owner Opstad Neil D $42,315
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 $4,470 $347,600 $64,600 $283,000
2024 $4,464 $303,100 $64,600 $238,500
2023 $4,074 $303,100 $64,600 $238,500
2022 $3,460 $274,700 $43,100 $231,600
2021 $3,378 $209,800 $43,100 $166,700
2020 $3,124 $191,000 $43,100 $147,900
2019 $3,094 $191,000 $43,100 $147,900
2018 $3,016 $0 $0 $0
2016 $2,434 $0 $0 $0
2015 $2,326 $0 $0 $0
2014 $2,372 $0 $0 $0
2012 $2,702 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

705 N Shore Ave, Albert Lea, MN

This home is located at 705 N Shore Ave, Albert Lea, MN 56007 and is currently estimated at $325,989, approximately $93 per square foot. 705 N Shore Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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