NOT LISTED FOR SALE

909 Luther Place Unit 109 Albert Lea, MN 56007

Estimated Value: $127,000 - $154,000

2 Beds
1 Bath
1,278 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $130,000 $102 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,400/month

4 Days on Market

Highlights

  • Home Office
  • 1 Car Attached Garage
  • Living Room
  • Elevator
  • Eat-In Kitchen
  • Guest Parking

About This Home

As of April 2024

Well cared for 2 bedroom 1 full bath condominium with large sunroom, a spacious office with added storage space and a garage space for your vehicle. Recent improvements include spacious kitchen cupboards and replacement windows. This is one of the larger units available in this facility.

Last Listed By

Rick Mummert

Century 21 Atwood Listed on: 03/15/2024

Century 21 Atwood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,698

Year Built

  • Built in 1983

Lot Details

  • 4,356

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Parking Garage Space

Home Design

  • Property Attached
  • Brick Foundation

Interior Spaces

  • 1,278 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Additional Features

  • 4,356 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 341620100

Community Details

Overview

  • Association fees include air conditioning, electricity, gas, heating, shared amenities, water
  • Luther Place Condominium Association, Phone Number (507) 391-0739

Amenities

  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,698

Year Built

Built in 1983

Lot Details

0

HOA Fees

$510 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Manor/Village
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Grab Bars In Bathroom, Door Lever Handles
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Other
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 1278
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 29 x 45
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick/Mortar, Full, Storage/Locker
  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Living Area: 1278
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Sun Room, Bedroom 1, Bedroom 2, Office
  • Shared Rooms: Amusement/Party Room,Community Room,Guest Suite

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Parking Garage
  • Garage Square Feet: 240

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Electricity, Gas, Heating, Shared Amenities, Water
  • Phone: 507-391-0739
  • Association Fee: 510
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s)

Association/Amenities

  • HOA Management Co: Luther Place Condominium

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common Area
  • Lot Size Sq Ft: 4356
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 341620100
  • Tax Annual Amount: 1698
  • TaxWithAssessments: 1762.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 25, 2024
Sold by
Jensen Myron
Bought by
Tuberty Bethany
Seller's Agent
Rick Mummert
Century 21 Atwood
Buyer's Agent
Rick Mummert
Century 21 Atwood
List Price
$127,900
Sold Price
$130,000
Premium/Discount to List
$2,100
1.64%
Total Days on Market
4
Views
29
Current Estimated Value
$139,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,537
Avg. Annual Appreciation
7.26%
Original Mortgage
$130,000
Outstanding Balance
$128,731
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$10,806

Purchase Details

Listed on
Nov 16, 2013
Closed on
Aug 19, 2014
Sold by
Rose Rose
Bought by
Jensen Myron Myron
Seller's Agent
Rick Mummert
Century 21 Atwood
List Price
$99,000
Sold Price
$102,000
Premium/Discount to List
$3,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$37,000
Interest Rate
4.1%
Mortgage Type
New Conventional

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
Tuberty Bethany $130,000 --
Jensen Myron Myron $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuberty Bethany $130,000
Previous Owner Jensen Myron D $37,000
Previous Owner Jensen Myron Myron $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $130,000 +1.6% $102 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $127,900 +25.4% $100 / Sq Ft
08/20/2014 08/20/14 Sold $102,000 +3.0% $89 / Sq Ft
07/05/2014 07/05/14 Pending -- -- --
11/16/2013 11/16/13 For Sale $99,000 -- $86 / 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 $1,358 $108,600 $13,200 $95,400
2023 $1,762 $109,600 $13,200 $96,400
2022 $1,358 $135,400 $13,200 $122,200
2021 $1,394 $98,800 $13,200 $85,600
2020 $1,434 $102,300 $13,200 $89,100
2019 $1,380 $100,600 $13,200 $87,400
2018 $1,416 $0 $0 $0
2016 $1,310 $0 $0 $0
2015 $1,226 $0 $0 $0
2014 $1,178 $0 $0 $0
2012 $1,422 $0 $0 $0
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6503247

NorthstarMLS

APN: 34.162.0100