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78326 255th Street

78326 255th Street, Albert Lea, MN 56007
Property in Bancroft
Refi Aug 11, 2011
Transfer
$164,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2041
78326 255th Street in Albert Lea, MN was first built in 1978 and is 46 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 78326 255th Street has 1,666 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 basement is 576 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 40,528 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 780 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 gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,880 in taxes each year. 78326 255th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $303,200. If we break it down further, the land itself was valued at $48,600. Improvements to the property, however, were assessed at a total of $254,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Type: Finished improved basement
  • Basement Area: 576
  • Garage Type: Attached
  • Garage Square Area: 780
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,528
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,666
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNSRUD SUBDIVISION
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWP-103 RANGE-021 JOHNSRUD SUBDIVISION LOT 4 BLK 1 JOHNSRUD SUBD

Ownership

  • 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: 180700

Geography

  • District: 1301
  • Parcel: 13.185.0040
  • Municipality: BANCROFT TOWNSHIP
  • Latitude: 43.7242
  • Longitude: -93.3017

    Address

  • Full Address: 78326 255th St
  • Address - House Number: 78326
  • Address - Street Name: 255th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Albert Lea
  • Carrier Code: R005
  • 4-Digit Zip Code: 6836
  • Zip Code: 56007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,880

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 378,484
  • High Value: 452,326
  • Low Value: 304,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 11, 2011
  • First Open Lien Mortgage Loan Amount: $164,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $303,200
  • Market Land Value: $48,600
  • Market Improvement Value: $254,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,200
  • Assessed Land Value: $48,600
  • Assessed Improvements Value: $254,600

    Exemptions

  • Homeowner Exemption: Yes

About Freeborn



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Frequently Asked Questions

What neighborhood is 78326 255th Street located in?
The 78326 255th Street is a located in the neighborhood of Bancroft in Freeborn, Albert Lea.
What is the average sales price for listings in 78326 255th Street?
The average sales price for units in 78326 255th Street is $0 currently.

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