3 months on rocket

1811 Lakewood Ave, Albert Lea, MN, 56007

$117,400

Home List Price

$1,394*

Closing Credit

2 Bedrooms
1 Full Bath
1,163 SqFt
$101/SqFt
Townhouse

Location

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1811 Lakewood Ave, Albert Lea$117,400

Buyer Closing Credits

$1,394*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDetached, Asphalt, Concrete, Garage Door Opener
Garage2 spaces
Year Built1980
HeatingForced Air
CoolingCentral Air
MLS #6596373
StatusActive

About 1811 Lakewood Ave

Seller is willing to pay up to 3% of the buyer's closing costs!! Nicely updated 2 bedroom condo, with loads of storage. Oversized eat in kitchen (freshly updated), fully furnished with appliances. (Lot's of counter space). Spacious living room for entertaining . 2 nice sized bedrooms with double closets. Full bath (freshly updated) with linen closet in hall. Laundry is also on same level of this upper level condo. (making all living on the same level). Retreat to the porch for enjoying them summer nights. 2 stall detached garage. Located within a block of golf course, city park, and beautiful Fountain Lake! This one is an absolute must see!!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 1,163 SqFt

Listing Office:

  • Office Name: Unique Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Concrete, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Few Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Traveling westbound on W. Richway Drive turn right 0r (North) on to Greenwood Avenue at top of the hill turn right on to Bancroft Drive & then left on to Lakewood Avenue. Listed property is the 2nd on the left side of road. Upper unit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $117,400
  • Price Per SqFt: $101/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $948
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$165K

Med. Price/SqFt

$112

Avg. Days On Market

39

# of Sold Homes

26

1811 Lakewood Ave vs Albert Lea

98 DAYS ON ROCKET

+59 Days

$117,400

-$47.6K Less

$101/SqFt

-$11 Less

KEY TAKEAWAY

This property is $47.6K less than the Median Sold Price and $11/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: #6596373

Listing Office:

  • Office Name: Unique Realty

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Last updated on: 12/11/2024, 6:22:49 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

Dec 10, 2018Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$948$80,900
2020$948$76,900
2018$1,228 -

History based on county public records data.

Payment Calculator

$803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$418

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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-1758906
3
/10
  • Hawthorne Elementary School

  • 1000 E Hawthorne St

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-1758907
4
/10
  • Lakeview Elementary School

  • 902 Abbott St

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-1758908
6
/10
  • Sibley Elementary School

  • 1501 W Front St

  • 1.93 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,432. The most common annual income of people living in Albert Lea, MN is between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma 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 1811 Lakewood Ave

What is the listing price of this property?

The listing price of 1811 Lakewood Ave property is $117,400.

What type of property is this?

The property 1811 Lakewood Ave is a townhouse located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 1811 Lakewood Ave 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 $948 (source: MLS/based on county public records data).

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

The last sale was on December 10, 2018 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1811 Lakewood Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1811 Lakewood Ave is 1,163 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1811 Lakewood Ave is 1980.

Rocket HomesMinnesotaFreeborn CountyAlbert Lea560071811 Lakewood Ave

This home is located at 1811 Lakewood Ave in Albert Lea, MN and zip code 56007. This 1,163 square foot home was built in 1980. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $117,400.

Over 7 listings were sold over their listed price in November 2024 in Albert Lea, MN. In the same period over 13 listings were sold below the listed price and 6 listings were sold for the listed price. In November 2024 in Albert Lea, MN there were 5.1% more homes for sale than in October 2024. In November 2024 median list price was $165,000 and the average listing age was 39 days.

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

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