NOT LISTED FOR SALE

941 N Shore Ave Albert Lea, MN 56007

Estimated Value: $196,000 - $303,000

3 Beds
1.5 Baths
1,256 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $280,000 $223 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,617/month

2 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Lake View
  • Home Gym
  • Beach Access
  • No HOA
  • 3-minute walk to Pioneer Park

About This Home

As of May 2024

Enjoy the lake life in this 3 bedroom home! The living room and front deck are perfect places to watch the sunset every day. Downtown is in perfect view right across the water. All living amenities are on the main level including the laundry in one of the bedrooms. The foundation has been professionally replaced and waterproofed. It is ready for you to finish however you like. Other wonderful details are the electric blinds and powered awning out front.

Last Agent to Sell the Property

Lucas Schuster

Leland Realty Listed on: 04/05/2024

Last Buyer's Agent

Robert Hoffman

Robert Hoffman Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1916

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 91 x 120
  • 90 Feet of Waterfront
  • Lake Front
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • City

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Living Room
  • Storage Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Drain
  • Basement Storage

Additional Features

  • Beach Access
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 341720830

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,480

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1916
  • Above Grade Finished Sq Ft: 1206
  • Water Body Name: Fountain
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 36 x 36
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Partial, Concrete, Partially Finished, Storage Space, Sump Pump
  • Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1256
  • Fireplace: No
  • Below Grade Finished Sq Ft: 50
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Living Room, Bathroom, Exercise Room, Storage

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle
  • PoolFeatures: None
  • Fencing: Chain Link, Full
  • View: Bay, City Lights, Panoramic, West
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • PatioPorchType: Awning(s),Composite Decking,Deck
  • Lake Acres: 521
  • Lake Bottom: Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 90

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 484

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),City View,Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Other,Panoramic View,Security System,Boat Slip,In-Ground Sprinkler,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 91 x 120
  • Lot Size Sq Ft: 9583.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 341720830
  • Tax Annual Amount: 2480
  • TaxWithAssessments: 2544.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 9, 2024
Sold by
Strydom Jessica and Strydom Schalk
Bought by
Brackey Todd and Brackey Joanne
Seller's Agent
Lucas Schuster
Leland Realty
Buyer's Agent
Robert Hoffman
Robert Hoffman Realty Inc.
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
88
Current Estimated Value
$245,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,416
Avg. Annual Appreciation
-11.51%

Purchase Details

Closed on
Sep 2, 2021
Sold by
Gay Ronald C
Bought by
Strydom Jessica M and Strydom Schalk A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2009
Sold by
Murphy Stephen M and Murphy Julie L
Bought by
Gay Ronald C
Source: Public Records

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Range of Values:

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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
Brackey Todd $280,000 --
Strydom Jessica M $225,000 None Available
Gay Ronald C -- Albert Lea Abstract Company
Strydom Jessica Jessica $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strydom Jessica M $220,924
Previous Owner Gay Ronald C $164,500
Previous Owner Gay Ronald C $163,000
Previous Owner Gay Ronald C $131,986
Closed Strydom Jessica Jessica $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $280,000 +1.8% $223 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $275,000 -- $219 / 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 $2,984 $210,900 $86,000 $124,900
2023 $2,544 $210,900 $86,000 $124,900
2022 $1,990 $178,300 $57,300 $121,000
2021 $1,952 $132,200 $56,900 $75,300
2020 $3,042 $123,700 $56,900 $66,800
2019 $3,088 $123,700 $56,900 $66,800
2018 $3,118 $0 $0 $0
2016 $2,950 $0 $0 $0
2015 $3,088 $0 $0 $0
2014 $3,170 $0 $0 $0
2012 $3,430 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6512235

NorthstarMLS

APN: 34.172.0830