NOT LISTED FOR SALE

902 S 1st Ave Albert Lea, MN 56007

Estimated Value: $119,000 - $158,300

2 Beds
1 Bath
931 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $42,000 $45 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $834/month

56 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Bathroom on Main Level
  • 1 Car Detached Garage
  • Woodwork
  • 1-Story Property

About This Home

As of February 2014

Great value, update the interior to your taste and if you need finish off the 3 rooms in the basement.

Last Agent to Sell the Property

Bill Leland

Leland Realty, Inc. Listed on: 11/12/2013

Last Buyer's Agent

Steven Lehner

Leland Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • 1981

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Few Trees

Home Design

  • Frame Construction

Interior Spaces

  • 931 Sq Ft Home
  • 1-Story Property
  • Woodwork

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 340651010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

1981

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.11
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 340651010
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 10x14, On Level: Main
  • Room 2: Bedroom
  • Room 9: Kitchen, 8x20, On Level: Main
  • Room 12: Living Room, 11x19, On Level: Main
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 931
  • Total Fin Square Footage: 931
  • Total Square Footage: 1862

Exterior Features

  • Frontage Road: City, Curb/Gutters
  • Construction Type: Frame/Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 40x125
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Feb 27, 2014
Sold by
Norma L Norma L
Bought by
Herfindahl Richard A and Herfindahl Jean M
Seller's Agent
Bill Leland
Leland Realty, Inc.
Buyer's Agent
Steven Lehner
Leland Realty, Inc.
List Price
$44,900
Sold Price
$42,000
Premium/Discount to List
-$2,900
-6.46%
Current Estimated Value
$140,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,075
Avg. Annual Appreciation
10.76%
Original Mortgage
$33,600
Interest Rate
4.35%
Mortgage Type
Unknown
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

Date Buyer Sale Price Title Company
Herfindahl Richard A -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Herfindahl Richard A $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $42,000 -6.5% $45 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
11/12/2013 11/12/13 For Sale $44,900 -- $48 / 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 $1,192 $135,800 $7,500 $128,300
2024 $1,192 $105,100 $7,200 $97,900
2023 $1,158 $99,300 $7,200 $92,100
2022 $1,048 $97,800 $7,200 $90,600
2021 $1,014 $82,500 $7,100 $75,400
2020 $900 $73,400 $5,100 $68,300
2019 $778 $64,200 $4,600 $59,600
2018 $674 $0 $0 $0
2016 $546 $0 $0 $0
2015 $534 $0 $0 $0
2014 $544 $0 $0 $0
2012 $768 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bill Leland

    Leland Realty, Inc.

  • S

    Buyer's Agent in 2014

    Steven Lehner

    Leland Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4559432

REALTOR® Association of Southern Minnesota

APN: 34.064.1010

Minnesota Freeborn County Albert Lea 56007

902 S 1st Ave, Albert Lea, MN

Not Listed for Sale

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