$100,000
SOLD NOV 1, 2024

83548 240th St Albert Lea, MN 56007

4 Beds
1 Bath
2,016 Sq Ft
5.69 Acres

Recently Sold

$50 Per Sq Ft

9% Below List Price

9 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of November 2024

* Seller asks that you do not drive up the driveway to view property without an appointment and an agent present*
Boundless potential with this serene 5.69 acre homestead. Home and buildings can be rehabbed, or property could be a great building site for your dream home. Apple trees, berry and asparagus bushes are planted throughout the lot.

Last Agent to Sell the Property

Heather Allen

Leland Realty Listed on: 08/28/2024

Co-Listed By

Matt Johnson

Leland Realty

Last Buyer's Agent

Heather Allen

Leland Realty Listed on: 08/28/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1910

Lot Details

  • 5.69 Acre Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 120230011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2016
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Living Area: 2016
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 768

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - No
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 247856 ft
  • Lot Size Sq Ft: 247856.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 120230011
  • Tax Annual Amount: 1614
  • TaxWithAssessments: 1614.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 1, 2024
Sold by
Caron Sharolyn
Bought by
Berns Kathy
Seller's Agent
Heather Allen
Leland Realty
Buyer's Agent
Heather Allen
Leland Realty
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%
Views
45
Current Estimated Value
$133,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,834
Avg. Annual Appreciation
67.86%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $100,000 -9.0% $50 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $109,900 -- $55 / 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 $1,504 $153,800 $83,200 $70,600
2024 $1,614 $172,200 $83,200 $89,000
2023 $1,552 $172,200 $83,200 $89,000
2022 $1,310 $162,500 $68,200 $94,300
2021 $1,260 $123,200 $57,600 $65,600
2020 $1,290 $120,700 $47,600 $73,100
2019 $1,248 $120,900 $47,600 $73,300
2018 $978 $0 $0 $0
2016 $862 $0 $0 $0
2015 $828 $0 $0 $0
2014 $1,030 $0 $0 $0
2012 $1,258 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6592727

NorthstarMLS

APN: 12.023.0011