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1218 Frank Avenue

1218 Frank Avenue, Albert Lea, MN 56007
House in Albert Lea
Sold Apr 03, 2019
$88,000
$86,406 by Fairway Independent Mtg Corp
Mortgage Due May 01, 2049
1218 Frank Avenue in Albert Lea, MN was first built in 1924 and is 100 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1218 Frank Avenue has 1,418 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 660 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 13,314 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 564 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of unknown. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Apr 3, 2019 for $88,000. That's $62.06 per sqft. 1218 Frank Avenue was last assessed in 2023. The total value of the property was assessed at $118,000. Specifically, the land the property is located on was valued at $18,700. While improvements on the property were assessed at a total of $99,300. 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 $1,518. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Metal Exterior

Driveway

Driveway

Parking

Attached Garage
Open Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 948
  • Garage Type: Attached
  • Garage Square Area: 564
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,314
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,418
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MALMER'S SUBDIVISION OF BLOCK
  • Land Acres: 0.305
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MALMER'S SUBDIVISION OF BLOCK LOT-009 LOT 9 LESS S 3 FT & S 69.29 FT LOT 17 & S 3 FT OF LOT 10 MALMERS SUB OF BLK 15 LAKE

Ownership

  • Current Owner : JOHNSON NICKOLENA
  • Previous Owner : HOLCOMB LAWRENCE
  • Previous Owner 2: HOLCOMB ROSANNE
  • 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: 180900

Geography

  • District: 3401
  • Parcel: 34.043.0030
  • Lot: 9
  • Municipality: CITY OF ALBERT LEA
  • Latitude: 43.6375
  • Longitude: -93.3626

    Address

  • Full Address: 1218 Frank Ave
  • Address - House Number: 1218
  • Address - Street Name: Frank
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Albert Lea
  • Carrier Code: C006
  • 4-Digit Zip Code: 3080
  • Zip Code: 56007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,518

    Appraisal Valuation

  • Standard Deviation: 0.2636
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 62
  • Final Value: 147,037
  • High Value: 185,801
  • Low Value: 108,272

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,406
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Apr 03, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $86,406
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $118,000
  • Market Land Value: $18,700
  • Market Improvement Value: $99,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,000
  • Assessed Land Value: $18,700
  • Assessed Improvements Value: $99,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2019
  • Current Sale Recording Date: Apr 03, 2019
  • Current Sale Transaction ID: 11619164898
  • Current Sale Price: $88,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: CRV935664

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Apr 03, 2019
  • First Mortgage Loan Amount: $86,406
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Albert Lea



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Frequently Asked Questions

What neighborhood is 1218 Frank Avenue located in?
The 1218 Frank Avenue is a house located in the neighborhood of Albert Lea in Albert Lea, Albert Lea.
What is the average sales price for listings in 1218 Frank Avenue?
The average sales price for units in 1218 Frank Avenue is $0 currently.

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