1 month on rocket

Sale Pending

122 Ridge Rd, Albert Lea, MN, 56007

$232,900

Home List Price

$2,766*

Closing Credit

3 Bedrooms
1 Full Bath
2,672 SqFt
$87/SqFt
House

Location

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122 Ridge Rd, Albert Lea$232,900

Buyer Closing Credits

$2,766*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Garage Door Opener
Attached Garage1 space
Year Built1951
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFree Standing, Gas
MLS #6598439
StatusSale Pending
(Pending)

About 122 Ridge Rd

Welcome to this charming 1951 home featuring 3 spacious living areas, perfect for relaxation and entertainment. The main living room features abundant natural light and a view of the park, while the second living area can be used as a family room featuring a gas fireplace. The third living space downstairs is ideal for a home office, playroom, or guest area. Located across the street from a beautiful park and a short walk to Fountain Lake, you'll enjoy year-round outdoor activities and picturesque views. This property combines classic charm with modern conveniences in a prime Shoreland Heights location.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Living Area: 2,672 SqFt

Listing Office:

  • Office Name: Leland Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Free Standing, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Albert Lea Senior High School, Public District Grades 8-12
  • Southwest Middle School, Public District Grades 6-7
  • Lakeview Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Hwy 13 take Sunset St towards the lake. Turn left on Lakeview Blvd, then right onto The Fairway, then left onto Ridge Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $232,900
  • Price Per SqFt: $87/SqFt

Tax Information:

  • Annual Amount: $2,170
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Albert Lea, MN.

Med. Sold Price

$159.9K

Med. Price/SqFt

$110

Avg. Days On Market

29

# of Sold Homes

19

122 Ridge Rd vs Albert Lea

55 DAYS ON ROCKET

+26 Days

$232,900

+$73K More

$87/SqFt

-$24 Less

KEY TAKEAWAY

This property is $73K more than the Median Sold Price and $24/SqFt less than other homes in Albert Lea, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6598439

Listing Office:

  • Office Name: Leland Realty

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Last updated on: 10/31/2024, 6:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2021Home Sold
$219,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,170$149,300
2020$2,170$141,000
2018$1,794 -

History based on county public records data.

Payment Calculator

$1,230

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$765

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-802822
4
/10
  • Lakeview Elementary School

  • 902 Abbott St

  • 0.55 miles

  • Public District Grades KG-5

Middle School

school-card-donut-802823
3
/10
  • Southwest Middle School

  • 1601 W Front St

  • 1.47 miles

  • Public District Grades 6-7

High School

school-card-donut-802824
5
/10
  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 1.73 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,712. The most common annual income of people living in Albert Lea, MN is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Albert Lea, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Albert Lea, MN?

Albert Lea's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic to contemporary. The market is characterized by a blend of older homes with rich histories and newer constructions that cater to modern living preferences. While the majority of residences are owner-occupied, there is also a selection of rental properties available for those looking to lease.

Is Albert Lea, MN a good place to live?

Albert Lea is celebrated for its welcoming small-town charm and community-oriented lifestyle. The city prides itself on its scenic lakes, parks, and recreational areas that offer residents a peaceful and nature-infused environment. Local events and festivals throughout the year contribute to the strong sense of community and celebrate the area's heritage and culture.

Are things conveniently located in Albert Lea, MN?

The community is served by a network of public schools, healthcare facilities, and a public library system that collectively support the residents' educational and health needs. Retail and dining options are available, reflecting the local culture and providing a range of choices for shopping and cuisine. The city is attentive to the evolving needs of its population and works to enhance services accordingly.

What does the transportation in Albert Lea, MN look like?

Albert Lea's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, offering residents alternatives to private vehicle use. The city also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transport within the community. Recent efforts have been made to improve transport efficiency and accessibility, ensuring that residents can navigate the area with ease.

Frequently Asked Questions About 122 Ridge Rd

What is the listing price of this property?

The listing price of 122 Ridge Rd property is $232,900.

What type of property is this?

The property 122 Ridge Rd is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Sale Pending: 122 Ridge Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 122 Ridge Rd are:
Lakeview Elementary School: GreatSchools Rating 4/10
Southwest Middle School: GreatSchools Rating 3/10
Albert Lea Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,170 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 16, 2021 for $219,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 122 Ridge Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 122 Ridge Rd is 2,672 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 Ridge Rd is 1951.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›122 Ridge Rd

This home is located at 122 Ridge Rd in Albert Lea, MN and zip code 56007. This 2,672 square foot home was built in 1951. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $232,900.

While more than 3 listings in Albert Lea, MN in September 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Albert Lea, MN between August 2024 and September 2024 increased by 7.7%. The median list price of listings available in September 2024 was $159,900, while the average time on the real estate market was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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