new - 4 days on rocket

1320 Oakwood Dr, Albert Lea, MN, 56007

$399,900

Home List Price

$4,749*

Closing Credit

3 Bedrooms
1 Full Bath
2,492 SqFt
$160/SqFt
House

Location

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1320 Oakwood Dr, Albert Lea$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Garage Door Opener
Attached Garage2 spaces
Year Built1941
HeatingSteam, Forced Air, Fireplace(s)
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceFamily Room, Gas, Other, Wood Burning
ViewBay
MLS #6629961
StatusActive

About 1320 Oakwood Dr

Enjoy the majestic panoramic views of a private portion of Edgewater Bay on Fountain Lake. This three bedroom home was constructed in 1941 with a home addition and tasteful interior renovations made since then. This home includes upgraded kitchen, newer windows, a large primary suite including a primary bath with a walkin shower totally upgraded, office is included with primary suite along with a large walkin closet. Most rooms in this home have a picturesque view of the lake including form a large deck with a gazebo on the lakeside. The lower level includes a large family room with gas fireplace, a newer full bathroom, a wine cellar with conditioned air and a workshop with a secondary kitchen. Schedule your appointment today to tour this lakefront home.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Living Area: 2,492 SqFt

Listing Office:

  • Office Name: Century 21 Atwood

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Family Room, Gas, Other, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Bay

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 1320 Oakwood Dr
3D Tour

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Traveling clockwise on Lakeview Blvd. turn left on Wedge Street, then right on Circle Dr. and left on Oakwood Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $160/SqFt

Tax Information:

  • Annual Amount: $5,036
  • Tax Year: 2021
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Housing Market Comparison

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

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Albert Lea, MN

City

Med. Sold Price

$162.9K

Med. Price/SqFt

$112

Avg. Days On Market

30

# of Sold Homes

20

1320 Oakwood Dr vs Albert Lea

4 DAYS ON ROCKET

-26 Days

$399,900

+$237K More

$160/SqFt

+$48 More

KEY TAKEAWAY

This property is $237K more than the Median Sold Price and $48/SqFt more 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: #6629961

Listing Office:

  • Office Name: Century 21 Atwood

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Last updated on: 11/17/2024, 6:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,036$278,500
2020$5,036$281,700
2018$4,796 -

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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.

Nearby Schools

school-card-donut-545759
4
/10

  • Lakeview Elementary School

  • 902 Abbott St

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-545760
6
/10

  • Sibley Elementary School

  • 1501 W Front St

  • 1.28 miles

  • Public District Grades KG-5

school-card-donut-545761
3
/10

  • Hawthorne Elementary School

  • 1000 E Hawthorne St

  • 1.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,779. Typical income of Albert Lea, MN residents is between $35k-100k annually. The most common type of family is single, 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 1320 Oakwood Dr

What is the listing price of this property?

The listing price of 1320 Oakwood Dr property is $399,900.

What type of property is this?

The property 1320 Oakwood Dr is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 1320 Oakwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,036 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1320 Oakwood Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1320 Oakwood Dr is 2,492 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1320 Oakwood Dr is 1941.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›1320 Oakwood Dr

This home is located at 1320 Oakwood Dr in Albert Lea, MN and zip code 56007. This 2,492 square foot home was built in 1941. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $399,900.

While more than 3 listings in Albert Lea, MN in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. The number of homes for sale in Albert Lea, MN increased by 0.9% between September 2024 and October 2024. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $162,900.

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

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