5 months on rocket

1428 Edgewater Dr, Albert Lea, MN, 56007

$625,000

Home List Price

$7,422*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
4,632 SqFt
$135/SqFt
House

Location

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1428 Edgewater Dr, Albert Lea$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Garage Door Opener, Tuckunder Garage
Garage2 spaces
Year Built1972
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake
FireplaceBrick, Family Room, Gas, Living Room, Wood Burning
MLS #6574360
StatusActive

About 1428 Edgewater Dr

Custom built 4 bedroom, plus office space, 3 bath 2 story home located on Edgewater Drive which borders Edgewater Bay of Fountain Lake. This home offers a spacious and open kitchen dining area as well as a formal dining room for those special occasion gatherings. 3 fireplaces including one in the primary bedroom suite. Two furnaces to assure even year round temperature control. An upper level family room. Several outdoor spaces to enjoy the beautiful lake views.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Living Area: 4,632 SqFt

Listing Office:

  • Office Name: Century 21 Atwood

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Brick, Family Room, Gas, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete, Garage Door Opener, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From intersection of Richway Drive and Bridge Avenue Albert Lea. Follow Richway Drive west to Lakview Blvd. Lakeview Blvd south to Edgewater Drive. Right on to Edgewater Drive to 1428 Edgewater Drive on right side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $8,482
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$159.4K

Med. Price/SqFt

$114

Avg. Days On Market

31

# of Sold Homes

18

1428 Edgewater Dr vs Albert Lea

166 DAYS ON ROCKET

+135 Days

$625,000

+$465.5K More

$135/SqFt

+$20 More

KEY TAKEAWAY

This property is $465.5K more than the Median Sold Price and $20/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: #6574360

Listing Office:

  • Office Name: Century 21 Atwood

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Last updated on: 1/11/2025, 2:22:50 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$8,482$405,400
2020$8,482$448,200
2018$7,752 -

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-27
4
/10
  • Lakeview Elementary School

  • 902 Abbott St

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-28
6
/10
  • Sibley Elementary School

  • 1501 W Front St

  • 1.51 miles

  • Public District Grades KG-5

school-card-donut-29
3
/10
  • Hawthorne Elementary School

  • 1000 E Hawthorne St

  • 1.62 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,779. Most Albert Lea, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of 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 1428 Edgewater Dr

What is the listing price of this property?

The listing price of 1428 Edgewater Dr property is $625,000.

What type of property is this?

The property 1428 Edgewater Dr is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 1428 Edgewater 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 $8,482 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1428 Edgewater Dr has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1428 Edgewater Dr is 4,632 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1428 Edgewater Dr is 1972.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›1428 Edgewater Dr

This home is located at 1428 Edgewater Dr in Albert Lea, MN and zip code 56007. This 4,632 square foot home was built in 1972. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $625,000.

Albert Lea, MN housing market in December 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 12 sold below. The number of listings in Albert Lea, MN decreased by 9.3% between November 2024 and December 2024. In December 2024 median list price was $159,450 and the average listing age was 31 days.

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

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