NOT LISTED FOR SALE

714 Cedar Ave Albert Lea, MN 56007

Estimated Value: $407,000 - $474,000

4 Beds
3 Baths
3,057 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $414,682 $136 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,965/month

Highlights

  • Lake Front
  • 1 Fireplace
  • The kitchen features windows
  • Beach Access
  • No HOA
  • 2 Car Attached Garage

About This Home

As of January 2023

This well-maintained, newer home has lovely views of Fountain Lake's Dane Bay. Featuring 4 bedrooms, 3 baths, main-floor laundry with new washer/dryer, and zero entry exterior doors, this home is a gem! The desirable floorplan gives way to a generous foyer and great room concept with open kitchen/dining area. The home has new carpeting and original hardwood flooring on the main level. You'll enjoy the craftsmanship and quality of Beech wood cabinetry, natural Alder paneled doors, open entertaining space, and a primary bedroom suite with water views. The fully finished basement has 2 bedrooms, and a large entertainment room with a gas fireplace. Full glass slider doors open onto a deck/patio area that is freshly landscaped and just a few steps from the shoreline. Lake views and comfortable amenities are waiting for you to call home. Contact today for a tour.

Last Agent to Sell the Property

Laura Cunningham

Century 21 Atwood Listed on: 11/24/2022

Century 21 Atwood

Last Buyer's Agent

Matt Johnson

Leland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,854

Year Built

  • Built in 2012

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 73x161
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Utility Room Floor Drain
  • Lake Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Beach Access

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 341040230

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,854

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs External, Partially Wheelchair
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 1657
  • Water Body Name: Fountain
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Concrete, Storage Space, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 3057
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1400
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • SqFtTotal: 3314.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: None
  • View: Bay
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Composite Decking,Deck,Patio,Porch
  • Lake Acres: 521
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage
  • Garage Square Feet: 600

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Panoramic View,Boat Slip,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 73x161
  • Lot Size Sq Ft: 11325.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 341040230
  • Tax Annual Amount: 4854
  • TaxWithAssessments: 4854.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2022
Closed on
Jan 13, 2023
Sold by
Radue Chad
Bought by
Larson Angela and Butenhoff Danielle
Seller's Agent
Laura Cunningham
Century 21 Atwood
Buyer's Agent
Matt Johnson
Leland Realty
List Price
$415,900
Sold Price
$414,682
Premium/Discount to List
-$1,218
-0.29%
Views
38
Current Estimated Value
$442,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,025
Avg. Annual Appreciation
2.31%
Original Mortgage
$352,480
Outstanding Balance
$342,112
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$97,420

Purchase Details

Closed on
Aug 11, 2022
Sold by
Talamantes Ray
Bought by
Radue Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,690
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2021
Sold by
Balfe Christopher
Bought by
Talamantes Ray and Talamantes Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2018
Sold by
Ubben Christopher Christopher
Bought by
Balfe Christopher Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2017
Sold by
Gilmore David David
Bought by
Ubben Christopher Christopher and Clair Laurie Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Sauke Kent Kent
Bought by
Gilmore David David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.84%
Source: Public Records

Range of Values:

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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
Larson Angela $414,682 --
Radue Chad $415,000 --
Talamantes Ray $350,000 North American Title
Balfe Christopher Christopher $270,000 --
Blafe Christopher $270,000 None Available
Ubben Christopher Christopher $250,000 --
Ubben Christopher J $250,000 None Available
Gilmore David David $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Angela $352,480
Previous Owner Radue Chad $354,690
Previous Owner Talamantes Ray $332,500
Previous Owner Blafe Christopher $256,500
Previous Owner Balfe Christopher Christopher $269,000
Previous Owner Ubben Christopher J $237,500
Previous Owner Ubben Christopher Christopher $249,000
Previous Owner Gilmore David David $247,000
Previous Owner Gilmore David H $173,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $414,682 -0.3% $136 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $415,900 -- $136 / 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 $6,238 $438,300 $56,700 $381,600
2024 $6,176 $409,800 $56,700 $353,100
2023 $5,004 $409,800 $56,700 $353,100
2022 $4,854 $332,300 $45,400 $286,900
2021 $4,856 $283,300 $45,400 $237,900
2020 $4,892 $283,700 $28,400 $255,300
2019 $4,854 $283,700 $28,400 $255,300
2018 $4,734 $0 $0 $0
2016 $4,448 $0 $0 $0
2015 $1,878 $0 $0 $0
2014 $776 $0 $0 $0
2012 $764 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6311272

NorthstarMLS

APN: 34.104.0230