NOT LISTED FOR SALE

78600 255th St Albert Lea, MN 56007

Estimated Value: $203,000 - $346,000

3 Beds
1 Bath
1,545 Sq Ft
$166/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $195,000 $126 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,610/month

151 Days on Market

Highlights

  • 732,244 Sq Ft lot
  • Forced Air Heating System
  • Heated Garage
  • No HOA

About This Home

As of December 2023

Located outside Albert Lea on a blacktop road this property offers over 16 acres of open and wooded acres and a 3 bedroom, 1 bath home. 40x60 quonset with power and concrete floors. An oversized 26x46 heated and insulated detached garage. Property was also recently surveyed to build a new home.

Last Agent to Sell the Property

Daniel Gullickson

Robert Hoffman Realty Inc. Listed on: 05/20/2023

Last Buyer's Agent

Jay Waltman

Unique Realty

Unique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1890

Lot Details

  • 16.81 Acre Lot
  • Lot Dimensions are 845x962
  • Additional Parcels

Parking

  • 3 Car Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 1,545 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 130130100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,168

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1545
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 25x35
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1545
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Features: Detached, Heated Garage, Insulated Garage
  • Garage Square Feet: 1092

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 845x962
  • Lot Size Sq Ft: 732243.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels Description: 130130103
  • Additional Parcels: Yes
  • Zoning Description: Agriculture,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 130130100
  • Tax Annual Amount: 2168
  • TaxWithAssessments: 2168.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Dec 4, 2023
Sold by
Peterson Blake and Peterson Brittany
Bought by
Smith Daniel
Seller's Agent
Daniel Gullickson
Robert Hoffman Realty Inc.
Buyer's Agent
Jay Waltman
Unique Realty
List Price
$289,900
Sold Price
$195,000
Premium/Discount to List
-$94,900
-32.74%
Views
525
Current Estimated Value
$256,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,692
Avg. Annual Appreciation
16.79%
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
Smith Daniel $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Blake $126,000
Previous Owner Ladlie Kyle J $191,000
Previous Owner Peterson Blake R $139,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $195,000 -32.7% $126 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $289,900 +48.7% $188 / Sq Ft
09/18/2023 09/18/23 Off Market $195,000 -- --
09/07/2023 09/07/23 Price Changed $289,900 -3.3% $188 / Sq Ft
06/20/2023 06/20/23 Price Changed $299,900 -4.8% $194 / Sq Ft
06/04/2023 06/04/23 Price Changed $315,000 -3.1% $204 / Sq Ft
05/20/2023 05/20/23 For Sale $325,000 -- $210 / 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
2024 $2,164 $216,600 $118,200 $98,400
2023 $2,124 $216,600 $118,200 $98,400
2022 $1,830 $207,600 $103,200 $104,400
2021 $1,828 $138,800 $88,200 $50,600
2020 $1,408 $118,100 $69,400 $48,700
2019 $1,510 $131,600 $84,200 $47,400
2018 $1,276 $0 $0 $0
2016 $1,910 $0 $0 $0
2015 $1,878 $0 $0 $0
2014 $1,992 $0 $0 $0
2012 $1,572 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6373954

NorthstarMLS

APN: 13.013.0100