10 months on rocket

304 College St, Albert Lea, MN, 56007

$95,000

Home List Price

$1,128*

Closing Credit

0 Baths
3,216 SqFt
$30/SqFt
Multi

Location

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304 College St, Albert Lea$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1892
HeatingForced Air
BasementYes
MLS #6470082
StatusActive

About 304 College St

Duplex with renters on both floors on a "month to month" lease. Separated heat and electric. Newer roof on house. Some newer windows on the upper level. Both units have 2 bedroom, 1 bath with informal dining room. Double stall garage has divider in the middle for each unit to have their own stall.

Property Details

Property Features

Property Information:

  • Year Built: 1892
  • Living Area: 3,216 SqFt

Listing Office:

  • Office Name: RE/MAX Properties

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Forced 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 S Washington head West on College.

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000
  • Price Per SqFt: $30/SqFt
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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

$159.9K

Med. Price/SqFt

$110

Avg. Days On Market

29

# of Sold Homes

19

304 College St vs Albert Lea

317 DAYS ON ROCKET

+288 Days

$95,000

-$64.9K Less

$30/SqFt

-$81 Less

KEY TAKEAWAY

This property is $64.9K less than the Median Sold Price and $81/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: #6470082

Listing Office:

  • Office Name: RE/MAX Properties

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Property Sales & Tax

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$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-803397
4
/10

  • Lakeview Elementary School

  • 902 Abbott St

  • 0.69 miles

  • Public District Grades KG-5

Middle School

school-card-donut-803398
3
/10

  • Southwest Middle School

  • 1601 W Front St

  • 1.05 miles

  • Public District Grades 6-7

High School

school-card-donut-803399
5
/10

  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 2.14 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,317. Most Albert Lea, MN residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically 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.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›304 College St

This home is located at 304 College St in Albert Lea, MN and zip code 56007. This 3,216 square foot home was built in 1892. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $95,000.

In September 2024 more than 3 listings in Albert Lea, MN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 8 were sold below. The number of listings in Albert Lea, MN increased by 7.7% between August 2024 and September 2024. Listings spent 29 days on the market in September 2024, and had a median list price of $159,900 during the same period.

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

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