NOT LISTED FOR SALE

72348 197th St Albert Lea, MN 56007

Estimated Value: $258,772 - $336,000

3 Beds
2 Baths
2,448 Sq Ft
$117/Sq Ft Est. Value

About This Home

This home is located at 72348 197th St, Albert Lea, MN 56007 and is currently estimated at $287,443, approximately $117 per square foot. 72348 197th St is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2019
Sold by
Nelson Craig S and Nelson Mary J E
Bought by
Nienow Rick N and Nienow Mary Sue
Current Estimated Value
$287,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$130,181
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$138,292
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Nienow Rick N $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nienow Rick N $148,000
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 $2,206 $235,000 $38,000 $197,000
2024 $2,154 $212,600 $38,000 $174,600
2023 $1,912 $204,300 $38,000 $166,300
2022 $1,868 $181,400 $26,600 $154,800
2021 $1,858 $163,200 $26,600 $136,600
2020 $1,654 $145,500 $19,000 $126,500
2019 $1,582 $145,500 $19,000 $126,500
2018 $1,320 $0 $0 $0
2016 $1,170 $0 $0 $0
2015 $1,138 $0 $0 $0
2014 $1,178 $0 $0 $0
2012 $1,440 $0 $0 $0
Source: Public Records

Map

Minnesota Freeborn County Albert Lea 56007

72348 197th St, Albert Lea, MN

This home is located at 72348 197th St, Albert Lea, MN 56007 and is currently estimated at $287,443, approximately $117 per square foot. 72348 197th St is a home located in Freeborn County with nearby schools including Sibley Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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