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$189,000   Price Analysis
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509 E 4th St
Albert Lea, MN 56007
5 bed 3 bath 1,890 SqFt ($100/SqFt)
8,930SqFt lot. Built 1888
Listed 2024-04-22, Taxes $2,128
USDA Eligible
near Albert Lea, MN
 

Charming Southern Minnesota home.

Timeless curb appeal. Provides a serene country living experience. Proximity to modern amenities. Conveniently located near local conveniences and Albert Lea Lake beaches. Features a 2-car garage and inviting front yard. Currently occupied by two tenants responsible for electricity. Owner covrs all other utilities. Best of both worlds: tranquility of countryside and comforts of modern living in Albert Lea. Property is currently leased as a duplex, up and down. Rented on a month-to-month basis. Schedule closing 30 days+ to accommodate owner occupant. Seller has never lived in the property. Act now, this opportunity won't last long!

Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity.


Presented by Mike Wilen at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #6523303 from NorthstarMLS

Bedrooms: 5

Basement Features: Partial, Unfinished
Family Room Features: Main Level

Cooling Features: Wall
Heating Features: Forced Air
Heating Fuel: Natural Gas

Full Bathrooms: 3

Dining Room Features: Breakfast Area

Shakes
Wood
Road Frontage Type: City

Land Lease Amount Frequency: No
Lot Size Acres: 0.205
Lot Size Dimensions: 162 x 55
Lot Size Square Feet: 8930

Garage Spaces: 2
Open Parking Spaces: 3
Parking Features: Detached Garage, Driveway - Asphalt
Garage Sqft: 350

Natural Woodwork
Tile Floors

Association: No
Calculated Total Monthly Association Fees: 0

School District: 241 - Albert Lea

Halverson Elementary School is a public elementary school located approximately 0.7 miles away.
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Southwest Middle School is a public middle school located approximately 1.5 miles away.
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Albert Lea Senior High School is a public middle and high school located approximately 2.4 miles away.
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St Theodore's Elementary School is a private elementary school located approximately 0.7 miles away.
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Annual Tax Amount: 2522.00
Source Listing Status: Active
County: Freeborn
Directions: Broadway > 4th > On the left
Tax Year: 2023
Source Property Type: Single Family
Source Neighborhood: Halls Add
Parcel Number: 340332840
Subdivision: Halls Add
Zoning: Residential-Multi-Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$60,300 + $10,300
$70,600
$2,128
2021$52,300 + $10,300
$62,600
$1,808
2020$64,500 + $10,300
$74,800
$2,074
2019$55,600 + $8,800
$64,400
$1,824
2018$53,000 + $8,800
$61,800
$1,786
2017$56,100 + $9,000
$65,100
$1,806
2016$66,500 + $9,000
$75,500
$1,606
2015$66,800 + $9,000
$75,800
$1,554
2014$67,100 + $9,000
$76,100
$1,562
2013$67,700 + $9,000
$76,700
$1,732
2012$63,600 + $10,700
$74,300
$1,660
2011$70,600 + $10,700
$81,300
$1,504
2009$80,900 + $unknown
$91,600
$1,776

Listed 2024-04-22
$189,000
NorthstarMLS
Listing removed 2024-04-03
$0
NorthstarMLS
Listed 2024-01-10
$189,000
NorthstarMLS
Listing removed 2024-01-10
$0
NorthstarMLS
Listing removed 2024-01-10
$0
NorthstarMLS
Listed 2023-12-26
$189,000
NorthstarMLS
Listed 2023-01-04
$189,000
NorthstarMLS
Listing removed 2023-01-03
$0
NorthstarMLS
Listed 2022-06-20
$189,000
NorthstarMLS
Listing removed 2019-03-11
$79,000
NorthstarMLS
Listing removed 2018-12-10
$79,000
GreaterLakes
Listing removed 2018-12-08
$79,000
NorthstarMLS
Sold 2015-01-01
$78,100
Public Record
Listing removed 2012-12-31
$79,000
Southeastminnesota
Listing removed 2012-07-30
$79,000
Mankato
Listing removed 2012-03-22
$79,000
LakeSuperiorAreaRealtors
Listed 2012-01-27
$79,000
Southeastminnesota
Listed 2012-01-25
$79,000
NorthstarMLS
Listed 2012-01-25
$79,000
Mankato
Listed 2012-01-25
$79,000
LakeSuperiorAreaRealtors
Sold 2006-08-17
$78,000
Public Record

Total Square Feet Living: 1890
Above Grade Finished Area: 1890
Foundation Area: 1080.00
Property Age: 136
Property Condition: Previously Owned
Roof: Age Over 8 Years
Levels or Stories: 2
House Style: Rural Residential
Total Above Grade Sqft Area: 1890.00
Total Area Main: 1080.00
Total Below Grade Area: 1080.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.