NOT LISTED FOR SALE

705 Saint Thomas Ave Albert Lea, MN 56007

Estimated Value: $133,000 - $155,000

3 Beds
1.5 Baths
1,420 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $70,000 $49 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $860/month

6 Days on Market

Highlights

  • No HOA
  • Combination Dining and Living Room
  • 3-minute walk to Albert Lea Park & Recreation
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Welcome to this charming and amazing value single-family home in the heart of Albert Lea. Featuring 2 bedrooms and 1 full bathroom on the main floor, plus a large bedroom/loft with half bath on the upper level. It even has garage access from the lower level. A great, nearly move in ready starter home or investment property to update or rent out that is in a convenient location close to amenities. This property is being sold AS-IS with the opportunity to make it your own! A little clean-out and TLC and you can move right in. Quick close possible.

Last Agent to Sell the Property

Steven Eischens

eXp Realty Listed on: 10/17/2023

eXp Realty

Last Buyer's Agent

Tracy Fjeldberg

Leland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1951

Lot Details

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

Parking

  • 1 Car Garage
  • Tuck Under Garage

Interior Spaces

  • 1.5-Story Property
  • Combination Dining and Living Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Home Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341802930

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1212
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Living Area: 1420
  • Fireplace: No
  • Below Grade Finished Sq Ft: 208
  • Basement YN: Yes

Beds/Baths

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

Garage/Parking

  • Parking Features: Tuckunder Garage
  • Garage Square Feet: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • 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: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 341802930
  • Tax Annual Amount: 998
  • TaxWithAssessments: 1062.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 2, 2023
Sold by
Claxton Patricia
Bought by
Johnson Brandon and Johnson Bo
Seller's Agent
Steven Eischens
eXp Realty
Buyer's Agent
Tracy Fjeldberg
Leland Realty
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Total Days on Market
6
Views
38
Current Estimated Value
$141,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,445
Avg. Annual Appreciation
31.73%
Source: Public Records

Range of Values:

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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
Johnson Brandon $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $70,000 -12.4% $49 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $79,900 -- $56 / 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 $1,022 $93,200 $20,600 $72,600
2024 $1,120 $94,800 $8,200 $86,600
2023 $1,062 $94,800 $8,200 $86,600
2022 $894 $91,800 $8,200 $83,600
2021 $850 $73,300 $8,200 $65,100
2020 $876 $71,200 $8,200 $63,000
2019 $778 $64,300 $7,300 $57,000
2018 $750 $0 $0 $0
2016 $718 $0 $0 $0
2015 $700 $0 $0 $0
2014 $740 $0 $0 $0
2012 $846 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Eischens

    Seller's Agent in 2023

    Steven Eischens

    eXp Realty

    (952) 266-3260

    1 in this area

    10 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Tracy Fjeldberg

    Leland Realty

    (507) 383-6541

    10 in this area

    11 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6449389

NorthstarMLS

APN: 34.180.2930

Minnesota Freeborn County Albert Lea 56007

705 Saint Thomas Ave, Albert Lea, MN

This home is located at 705 Saint Thomas Ave, Albert Lea, MN 56007 since 17 October 2023 and is currently estimated at $141,445, approximately $99 per square foot. This property was built in 1951. 705 Saint Thomas 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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