Build your business in a growing community with city utilities, fiber optics, paved streets, all assessments paid and ideal visibility along I-94. 14 Lots available to choose from. These Lots are Priced to Sell with Incentives Available.
Property Details
Property Features
Listing Office:
Office Name: Central MN Realty LLC
Other
Directions Information:
Directions: N on I-94 to Albany exit, Left on 8th St, Left on County Road 41, Left on County Road 156
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
Tax Information:
Annual Amount: $1,998
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Albany, MN.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 11:52:48 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
YEAR
PROP. TAX
ASSESSMENT
2021
$1,998
$265,600
2020
$974
$264,800
2019
$1,022
$264,800
2017
$1,328
$86,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,313
Per Month
Principal & Interest
$2,246
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,416
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Albany Elementary School
10 Forest Ave
Distance between this listing and this school1.04 miles
Public District Grades PK-5
7
/10
Avon Elementary School
410 Avon Ave N
Distance between this listing and this school5.36 miles
Public District Grades PK-5
8
/10
Holdingford Elementary School
900 5th St
Distance between this listing and this school9.31 miles
Public District Grades PK-6
Nearby Schools
6
/10
Albany Area Middle School
30 Forest Ave
Distance between this listing and this school1.03 miles
Public District Grades 6-8
6
/10
Rocori Middle School
534 5th Ave N
Distance between this listing and this school12.28 miles
Public District Grades 6-8
5
/10
Melrose Middle School
546 5th Ave NE
Distance between this listing and this school12.75 miles
Public District Grades 6-8
Nearby Schools
8
/10
Albany Area High School
30 Forest Ave
Distance between this listing and this school1.03 miles
Public District Grades 9-12
4
/10
Holdingford Secondary School
900 5th St
Distance between this listing and this school9.31 miles
Public District Grades 7-12
6
/10
Rocori Senior High School
534 5th Ave N
Distance between this listing and this school12.28 miles
The neighbors living near this home have an average income of $68,661. The most common annual income of people living in Albany, MN is between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 151 Inspiration Ln
What is the listing price of this property?
The listing price of 151 Inspiration Ln property is $450,000.
What type of property is this?
The property 151 Inspiration Ln is land located in Albany, Minnesota, 56307.
Is this property for sale now?
Active Listing: 151 Inspiration Ln 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 $1,998 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 151 Inspiration Ln in Albany, MN and zip code 56307. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $450,000.
Over 1 listings were sold over their listed price in October 2024 in Albany, MN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Albany, MN between September 2024 and October 2024 increased by 11.1%. In October 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $432,500.
From Rocket Homes Real Estate and based on county public records data.