19 days on rocket

521 Alice Ave, Albert Lea, MN, 56007

$224,900

Home List Price

$2,671*

Closing Credit

4 Bedrooms
1 Full Bath
1,733 SqFt
$130/SqFt
House

Location

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521 Alice Ave, Albert Lea$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete
Attached Garage1 space
Year Built1908
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6592917
StatusActive

About 521 Alice Ave

Just a block from Fountain Lake, this freshly remodeled home, with new flooring, paint, & appliances, is move-in ready! The classic two story, welcomes you in with a foyer, great to take all your winter and summer gear off in. The galley-style living room and dining room make for a modern open concept. Just off the living room is a more private den, office, or library area. The smaller, quaint kitchen, true to its era, has a fresh countertop in grey tones, white appliances, and white cabinets making for a bright kitchen. You'll also find a main floor bedroom and bathroom. Upstairs, are 2 additional bedrooms, and a large full bathroom all with fresh carpet and paint. In the basement, is an additional room, great for possibly a work-our room, den, or office.. And an additional bedroom and a toilet, and washer and dryer hook-ups. Off the back, is a large, two-tier deck, with loads of concrete for parking, basketball, games, and more!

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Living Area: 1,733 SqFt

Listing Office:

  • Office Name: True Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Albert Lea Senior High School, Public District Grades 8-12
  • Southwest Middle School, Public District Grades 6-7
  • Hawthorne Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Lakewood Ave to Alice Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $1,404
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$166K

Med. Price/SqFt

$111

Avg. Days On Market

51

# of Sold Homes

24

521 Alice Ave vs Albert Lea

19 DAYS ON ROCKET

-32 Days

$224,900

+$58.9K More

$130/SqFt

+$19 More

KEY TAKEAWAY

This property is $58.9K more than the Median Sold Price and $19/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: #6592917

Listing Office:

  • Office Name: True Real Estate

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Property Sales & Tax

Listing History

Dec 21, 2018Home Sold
$123,750

Tax History

YEARPROP. TAXASSESSMENT
2021$1,404$114,700
2020$1,404$100,800
2018$1,092 -

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-2329622
3
/10
  • Hawthorne Elementary School

  • 1000 E Hawthorne St

  • 0.44 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2329623
3
/10
  • Southwest Middle School

  • 1601 W Front St

  • 1.60 miles

  • Public District Grades 6-7

High School

school-card-donut-2329624
5
/10
  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 1.51 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,761. Residents of Albert Lea, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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.

Types of housing 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.

What is it like to live in Albert Lea, MN?

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.

Is it easy to get around Albert Lea, MN without a car?

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.

Transportation in Albert Lea, MN.

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 521 Alice Ave

What is the listing price of this property?

The listing price of 521 Alice Ave property is $224,900.

What type of property is this?

The property 521 Alice Ave is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 521 Alice Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 521 Alice Ave are:
Hawthorne Elementary School: GreatSchools Rating 3/10
Southwest Middle School: GreatSchools Rating 3/10
Albert Lea Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,404 (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 21, 2018 for $123,750. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 521 Alice Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 521 Alice Ave is 1,733 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 Alice Ave is 1908.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›521 Alice Ave

This home is located at 521 Alice Ave in Albert Lea, MN and zip code 56007. This 1,733 square foot home was built in 1908. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $224,900.

While more than 7 listings in Albert Lea, MN in August 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 13 were sold below. The inventory of homes for sale in Albert Lea, MN between July 2024 and August 2024 increased by 11.3%. While the average time on the market in August 2024 was 51 days, the median list price was $166,000.

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

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