NOT LISTED FOR SALE

722 Cedar Ave Albert Lea, MN 56007

Estimated Value: $128,000 - $167,000

3 Beds
1 Bath
1,664 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $60,000 $36 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $892/month

60 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Storage Shed
  • 1-Story Property

About This Home

As of April 2014

Completely remodeled 3 bedroom home with permanent siding, new windows and updated Master bedroom along with a partially finished basement.

Last Agent to Sell the Property

Joshua Harmdierks

RE/MAX Properties Listed on: 12/27/2013

Last Buyer's Agent

Matthew Johnson

Leland Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • 1948

Lot Details

  • 6,970

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Storage Shed
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 341040200

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.16
  • Assessment Balance: 322.48
  • Assessments: Yes
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 341040200
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 938
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 2: Bedroom, 13x10, On Level: Main
  • Room 3: Bedroom, 16x12, On Level: Lower
  • Room 5: Dining Room, 14x11, On Level: Main
  • Room 6: Family Room, 16x13, On Level: Lower
  • Room 9: Kitchen, 18x7, On Level: Main
  • Room 12: Living Room, 13x11, On Level: Main
  • Room 13: Master Bedroom, 25x10, On Level: Main
  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1064
  • Below Grade Finished Sq Ft: 600
  • Total Fin Square Footage: 1664
  • Total Square Footage: 2128

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Estimated Lot Dimensions: .16 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
Mar 31, 2014
Sold by
Douglas A Douglas A and Willner Dawn
Bought by
Clark Tyler
Seller's Agent
Joshua Harmdierks
RE/MAX Properties
Buyer's Agent
Matthew Johnson
Leland Realty, Inc.
List Price
$64,253
Sold Price
$60,000
Premium/Discount to List
-$4,253
-6.62%
Current Estimated Value
$145,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,613
Avg. Annual Appreciation
7.95%
Original Mortgage
$61,300
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Clark Tyler -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Katie C $59,650
Closed Clark Tyler $61,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $60,000 -6.6% $36 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $64,253 -- $39 / 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
2024 $968 $107,200 $19,700 $87,500
2023 $1,186 $85,300 $19,700 $65,600
2022 $1,200 $99,600 $15,200 $84,400
2021 $1,112 $90,500 $15,200 $75,300
2020 $946 $76,800 $12,100 $64,700
2019 $840 $69,700 $10,900 $58,800
2018 $822 $0 $0 $0
2016 $644 $0 $0 $0
2015 $504 $0 $0 $0
2014 $792 $0 $0 $0
2012 $726 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4566995

REALTOR® Association of Southern Minnesota

APN: 34.104.0200