NOT LISTED FOR SALE

811 Bridge Ave Albert Lea, MN 56007

Estimated Value: $113,000 - $143,000

3 Beds
2 Baths
1,584 Sq Ft
$83/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $56,000 $35 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $869/month

306 Days on Market

Highlights

  • 0.44 Acre Lot
  • Eat-In Kitchen
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Landscaped with Trees
  • 4-minute walk to Albert Lea Park & Recreation

About This Home

As of November 2013

Well maintained duplex. Great investment opportunity. Has potential for owner storage in outbuilding and large lot.

Last Agent to Sell the Property

Randall Erdman

Leland Realty, Inc. Listed on: 01/11/2013

Last Buyer's Agent

Greg Moen

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1898

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 57x330
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • 1,584 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Range

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Location

  • Ground Level
  • Upper Level

Additional Features

  • Washer and Dryer Hookup
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $3,652

Listing and Financial Details

  • Tenant pays for electric, lawn, snow, trash
  • The owner pays for electric, water/sewer
  • Assessor Parcel Number 341720250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,264

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Mechanicals: Sump Pump
  • Parcel Number: 341720250
  • Price Per Square Foot: 21.57
  • Rental License: Yes
  • Section: 21.00
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1264
  • Twp Number: 102.00
  • Estimated Number of Acres: 0.44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1584
  • Total Fin Square Footage: 1584
  • Total Square Footage: 2596

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2
  • Number Off Street Parking: 2

Utilities

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

Schools

  • School District: Albert Lea #241

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 57x330

Rental Info

  • Owner Expense: Electric, Water/Sewer
  • Tenant Expense: Electric, Lawn, Snow, Trash

Building Info

  • Year Built: 1898

Multi Family

  • Est Annual Gross Expense: 11100
  • Est Annual Gross Income: 3652

Tax Info

  • Year: 2013
  • Tax Value: 1264

MLS Schools

  • School District: Albert Lea #241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2013
Closed on
Nov 27, 2013
Sold by
Mullenbach David N and Mullenbach Sandra L
Bought by
Schuster William
Seller's Agent
Randall Erdman
Leland Realty, Inc.
Buyer's Agent
Greg Moen
RE/MAX Properties
List Price
$64,900
Sold Price
$56,000
Premium/Discount to List
-$8,900
-13.71%
Current Estimated Value
$131,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,168
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Oct 26, 2012
Sold by
Whelan Dennis K and Whelan Alice
Bought by
Mullenbach David N and Mullenbach Sandra L
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
Schuster William -- North American Title Company
Mullenbach David N -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $56,000 -13.7% $35 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $64,900 -- $41 / 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
2025 $2,116 $131,300 $23,300 $108,000
2024 $1,928 $106,000 $23,300 $82,700
2023 $1,842 $99,400 $23,300 $76,100
2022 $1,084 $94,400 $18,700 $75,700
2021 $1,034 $45,600 $18,700 $26,900
2020 $1,204 $51,000 $18,700 $32,300
2019 $1,034 $44,800 $16,500 $28,300
2018 $1,008 $0 $0 $0
2016 $1,154 $0 $0 $0
2015 $1,114 $0 $0 $0
2014 $1,106 $0 $0 $0
2012 $1,512 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Randall Erdman

    Leland Realty, Inc.

  • G

    Buyer's Agent in 2013

    Greg Moen

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4429855

REALTOR® Association of Southern Minnesota

APN: 34.172.0250

Minnesota Freeborn County Albert Lea 56007

811 Bridge Ave, Albert Lea, MN

This home is located at 811 Bridge Ave, Albert Lea, MN 56007 since 11 January 2013 and is currently estimated at $131,168, approximately $82 per square foot. This property was built in 1898. 811 Bridge Ave is a home located in Freeborn County with nearby schools including Hawthorne Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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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