NOT LISTED FOR SALE

816 Cedar Ave Albert Lea, MN 56007

Estimated Value: $145,000 - $174,000

3 Beds
2 Baths
1,431 Sq Ft
$109/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $115,500 $81 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $948/month

8 Days on Market

Highlights

  • Deck
  • Den
  • Central Air
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of August 2023

Cute 2 bedroom+, 2 bath home close to lake and walking path. Price right to sell.

Last Agent to Sell the Property

Scott Ulland

RE/MAX Results Listed on: 07/21/2023

RE/MAX Results

Last Buyer's Agent

Laura Cunningham

Century 21 Atwood

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1952

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 55 x 130
  • Irregular Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Hot Water Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Sunnyside Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341040140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,078

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1054
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Range, Refrigerator
  • Living Area: 1431
  • Fireplace: No
  • Below Grade Finished Sq Ft: 377
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bathroom, Bedroom 1, Bedroom 2, Den, Family Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 308

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • 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: 55 x 130
  • Lot Size Sq Ft: 6403.32
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 341040140
  • Tax Annual Amount: 1078
  • TaxWithAssessments: 1078.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 29, 2023
Sold by
Miller Sara
Bought by
Corp John and Corp Cynthia
Seller's Agent
Scott Ulland
RE/MAX Results
Buyer's Agent
Laura Cunningham
Century 21 Atwood
List Price
$119,900
Sold Price
$115,500
Premium/Discount to List
-$4,400
-3.67%
Views
162
Current Estimated Value
$155,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,244
Avg. Annual Appreciation
10.19%
Original Mortgage
$107,500
Outstanding Balance
$105,422
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$36,042
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
Corp John $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corp John $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $115,500 -3.7% $81 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $119,900 -- $84 / 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
2025 $1,460 $127,300 $15,900 $111,400
2024 $1,122 $121,300 $15,900 $105,400
2023 $1,078 $94,900 $15,900 $79,000
2022 $1,074 $92,800 $12,300 $80,500
2021 $1,006 $83,800 $12,300 $71,500
2020 $892 $72,600 $9,800 $62,800
2019 $796 $65,800 $8,800 $57,000
2018 $768 $0 $0 $0
2016 $678 $0 $0 $0
2015 $602 $0 $0 $0
2014 $646 $0 $0 $0
2012 $768 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Ulland

    Seller's Agent in 2023

    Scott Ulland

    RE/MAX

    (507) 438-1012

    7 in this area

    278 Total Sales

    Scott Ulland
    Section Image

  • L

    Buyer's Agent in 2023

    Laura Cunningham

    Century 21 Atwood

    (507) 383-1620

    50 in this area

    62 Total Sales

    Laura Cunningham
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6406096

NorthstarMLS

APN: 34.104.0140

Minnesota Freeborn County Albert Lea 56007

816 Cedar Ave, Albert Lea, MN

This home is located at 816 Cedar Ave, Albert Lea, MN 56007 since 21 July 2023 and is currently estimated at $155,744, approximately $108 per square foot. This property was built in 1952. 816 Cedar Ave is a home located in Freeborn County with nearby schools including Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

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