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1614 Garfield Avenue

1614 Garfield Avenue, Albert Lea, MN 56007
Property in Albert Lea
Sold Nov 24, 2021
$305,000
$244,000 by Us Bank Na
Mortgage
Sold Jul 12, 2019
$245,000
$232,750 by Prosperity Home Mortgage
Mortgage Due Aug 01, 2049
Local assessors in Albert Lea, MN have categorized 1614 Garfield Avenue as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 12,575 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 960 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1614 Garfield Avenue has a total of 1,276 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,176 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 564 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 18, 2021 for $305,000. That's $239.03 per sqft. Prior to that sales transaction, the property was also sold in Jul 12, 2019 for $245,000. 1614 Garfield Avenue was last assessed in 2023. The total value of the property was assessed at $277,400. Specifically, the land the property is located on was valued at $25,600. While improvements on the property were assessed at a total of $251,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,960. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split foyer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,176
  • Garage Type: Attached
  • Garage Square Area: 564
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,575
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,276
  • Building Area: 1,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,276
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEWOOD PARK THIRD SUBDIVISI
  • Land Acres: 0.288
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGEWOOD PARK THIRD SUBDIVISILOT-004 BLOCK-025 LOT 4 BLK 25 RIDGEWOOD PARK THIRD SUB

Ownership

  • Current Owner : LOWE CHRISTOPHER
  • Current Owner 2: LOWE ERIN
  • Previous Owner : HEDQUIST OSEPH
  • Previous Owner 2: HEDQUIST MALLORY
  • Owner Before Previous Owner: SCHUMAKER TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albert Lea Public School District
  • School Tax School District: SD 0241
  • School Tax District Code 2: SHELL ROCK RVR
  • Census Tract: 180500

Geography

  • District: 3401
  • Parcel: 34.251.0440
  • Block: 25
  • Lot: 4
  • Municipality: CITY OF ALBERT LEA
  • Latitude: 43.6655
  • Longitude: -93.3533

    Address

  • Full Address: 1614 Garfield Ave
  • Address - House Number: 1614
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Albert Lea
  • Carrier Code: C011
  • 4-Digit Zip Code: 3563
  • Zip Code: 56007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,960

    Appraisal Valuation

  • Standard Deviation: 0.2064
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 339,211
  • High Value: 409,230
  • Low Value: 269,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 24, 2021
  • First Open Lien Mortgage Loan Amount: $244,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $277,400
  • Market Land Value: $25,600
  • Market Improvement Value: $251,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,400
  • Assessed Land Value: $25,600
  • Assessed Improvements Value: $251,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 24, 2021
  • Current Sale Transaction ID: 11873684112
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A552103
  • Previous Sale Recording Date: Jul 12, 2019
  • Previous Sale Contract Date: Jul 12, 2019
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Nov 24, 2021
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE
  • Previous Mortgage Transaction Date: Jul 12, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $232,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Albert Lea



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Frequently Asked Questions

What neighborhood is 1614 Garfield Avenue located in?
The 1614 Garfield Avenue is a located in the neighborhood of Albert Lea in Albert Lea, Albert Lea.
What is the average sales price for listings in 1614 Garfield Avenue?
The average sales price for units in 1614 Garfield Avenue is $0 currently.

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