NOT LISTED FOR SALE

706 Bridge Ave Albert Lea, MN 56007

Estimated Value: $85,000 - $131,000

3 Beds
2 Baths
1,231 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $56,000 $45 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $762/month

41 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • 2-minute walk to Albert Lea Park & Recreation
  • 2 Car Detached Garage

About This Home

As of July 2012

Duplex-2 bedroom on main floor unit with basement and 1+ bedroom apartment on 2nd level. Both units have decks and central air. Property has 2 car garage off alley. Great investment property or live in one and rent out the other!

Last Agent to Sell the Property

Dawn Swalve

Coldwell Banker Home Connection-AL Listed on: 04/13/2012

Last Buyer's Agent

Greg Moen

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1914

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 2 Car Detached Garage

Home Design

  • 1,231 Sq Ft Home
  • Duplex
  • Frame Construction

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Additional Features

  • Range
  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for broadband, cable TV, janitorial, lawn, snow, trash
  • The owner pays for electric, fuel, water/sewer
  • Assessor Parcel Number 341800100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,240

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Parcel Number: 341800100
  • Price Per Square Foot: 26.08
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1240
  • Estimated Number of Acres: 0.14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1231
  • Total Fin Square Footage: 1231
  • Total Square Footage: 2147

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2
  • Number Off Street Parking: 3

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: 50x120

Rental Info

  • Owner Expense: Electric, Fuel, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Janitorial, Lawn, Snow, Trash

Building Info

  • Year Built: 1914

Tax Info

  • Year: 2012
  • Tax Value: 1240

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Haakenstad Craig and Haakenstad Molly
Bought by
Nye Allen and Nye Kim
Current Estimated Value
$116,561

Purchase Details

Closed on
Feb 27, 2019
Sold by
Anderson Marty L and Anderson Stacy M
Bought by
Haakenstad Craig

Purchase Details

Closed on
Jun 3, 2013
Sold by
Dawes Sandra L
Bought by
Dawes Sandra L and Dawes Michelle

Purchase Details

Listed on
Apr 13, 2012
Closed on
Jun 28, 2012
Sold by
Anderson Marty L
Bought by
Dawes Sandra L
Seller's Agent
Dawn Swalve
Coldwell Banker Home Connection-AL
Buyer's Agent
Greg Moen
RE/MAX Properties
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
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
Nye Allen $62,000 --
Haakenstad Craig $33,000 None Available
Dawes Sandra L -- --
Dawes Sandra L -- North American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2012 07/02/12 Sold $56,000 -6.5% $45 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $59,900 -- $49 / 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 $1,750 $50,500 $8,200 $42,300
2024 $1,580 $86,400 $8,200 $78,200
2023 $1,582 $80,200 $8,200 $72,000
2022 $1,316 $80,100 $8,200 $71,900
2021 $1,224 $56,500 $8,200 $48,300
2020 $1,380 $59,200 $8,200 $51,000
2019 $690 $53,400 $7,300 $46,100
2018 $662 $0 $0 $0
2016 $626 $0 $0 $0
2015 $612 $0 $0 $0
2014 $644 $0 $0 $0
2012 $1,240 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dawn Swalve

    Coldwell Banker Home Connection-AL

  • G

    Buyer's Agent in 2012

    Greg Moen

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3595306

REALTOR® Association of Southern Minnesota

APN: 34.180.0100

Minnesota Freeborn County Albert Lea 56007

706 Bridge Ave, Albert Lea, MN

This home is located at 706 Bridge Ave, Albert Lea, MN 56007 since 13 April 2012 and is currently estimated at $116,561, approximately $94 per square foot. This property was built in 1914. 706 Bridge Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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