NOT LISTED FOR SALE

72532 220th St Albert Lea, MN 56007

Estimated Value: $724,000 - $1,081,137

30.61 Acres
$29,486 Price per Acre
1,333,372 Sq Ft Lot

Sale Details

Date Sold: May 1, 2012

Last sale price $289,000

Est. 212% increase in value since last sale

Current estimated payment $5,780 / mo

18 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 30.61 Acre Lot
  • Landscaped with Trees
  • Beach Access
  • Hilly Lot
  • Poultry Coop

About This Lot

As of May 2012

This property can be your own secluded park. The scenery and wildlife are second to none in Freeborn County. Property includes a 1999 Skyline 28'x60' manufactured home, 3 bedrooms, 2 baths. Waterfront access to School Section lake.

Property Details

Property Type

  • Land

Lot Details

  • 30.61 Acre Lot
  • 300 Feet of Waterfront
  • Lake Front
  • Poultry Coop
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Outdoor Features

  • Beach Access

Utilities

  • Private Company Owned Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 140360070

Property Details

Property Type

Land

Lot Details

30.61 Acres

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Residential
  • Amenities Exterior: Driveway - Gravel
  • Beach Type: Weeds/Reeds
  • Parcel Number: 140360070
  • Range: 22.00
  • Section: 36.00
  • Twp Number: 103.00
  • Estimated Number of Acres: 30.61
  • Additional Information: Abstract
  • Land Improvements: Private
  • Topography: Hilly, Rolling
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lake Class: Natural Environment
  • Waterfront Name: School Section
  • Out Buildings: Barn - Chicken
  • Waterfront: Yes
  • Water Frontage: 300
  • Waterfront Description: Lake

Utilities

  • Available Utilities: Electric, Private Septic, Private Well

Lot Info

  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium
  • Estimated Lot Dimensions: 30.61 acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2013
Sold by
Bought by
Current Estimated Value
$902,569

Purchase Details

Listed on
Feb 27, 2012
Closed on
May 4, 2012
Sold by
Bought by
List Price
$329,900
Sold Price
$289,000
Premium/Discount to List
-$40,900
-12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$218,000
Interest Rate
4%

Purchase Details

Listed on
Feb 27, 2012
Closed on
May 1, 2012
Sold by
Bought by
List Price
$329,900
Sold Price
$289,000
Premium/Discount to List
-$40,900
-12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Minnesota Abstract & Title C
-- Peterson, Savelkoul & Benda
-- Peterson Savelkoul Benda Ltd
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $218,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2012 05/01/12 Sold $289,000 -12.4% --
03/16/2012 03/16/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $329,900 -- --
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,190 $1,063,500 $109,700 $953,800
2024 $10,352 $1,046,700 $109,700 $937,000
2023 $10,208 $959,800 $109,700 $850,100
2022 $10,132 $922,600 $89,700 $832,900
2021 $10,056 $782,400 $78,700 $703,700
2020 $9,596 $734,600 $68,700 $665,900
2019 $9,376 $736,700 $68,700 $668,000
2018 $8,190 $0 $0 $0
2016 $7,290 $0 $0 $0
2015 $7,032 $0 $0 $0
2014 $2,934 $0 $0 $0
2012 $1,302 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3463142

REALTOR® Association of Southern Minnesota

APN: 14.036.0070

Minnesota Freeborn County Albert Lea 56007

72532 220th St, Albert Lea, MN

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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