16 days on rocket

122 Ridge Rd, Albert Lea, MN, 56007

$249,900

Home List Price

$2,968*

Closing Credit

3 Bedrooms
1 Full Bath
2,286 SqFt
$109/SqFt
House
Schools Nearby

Location

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122 Ridge Rd, Albert Lea$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete
Attached Garage1 space
Year Built1951
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas
MLS #6519213
StatusActive

About 122 Ridge Rd

Fantastic location for this 3 bedroom, 2 bath home that is a very short walk to Fountain Lake. Look out your living room bay window to the park is located right across the street. Main floor family room features gas fireplace, door to the deck in the backyard that is fenced in. Finished lower level with family room, bedroom, bathroom and walk out storage area to the backyard.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Living Area: 2,286 SqFt

Listing Office:

  • Office Name: RE/MAX Properties

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

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
  • Lakeview Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Lakeview Blvd, to East on the Fairway, left onto Ridge Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $109/SqFt

Tax Information:

  • Annual Amount: $2,170
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$155K

Med. Price/SqFt

$104

Avg. Days On Market

27

# of Sold Homes

13

122 Ridge Rd vs Albert Lea

16 DAYS ON ROCKET

-11 Days

$249,900

+$94.9K More

$109/SqFt

+$4 More

KEY TAKEAWAY

This property is $94.9K more than the Median Sold Price and $4/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: #6519213

Listing Office:

  • Office Name: RE/MAX Properties

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Last updated on: 5/2/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2021Home Sold
$219,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,170$149,300
2020$2,170$141,000
2018$1,794 -

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-4645384
4
/10
  • Lakeview Elementary School

  • 902 Abbott St

  • 0.55 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4645385
3
/10
  • Southwest Middle School

  • 1601 W Front St

  • 1.47 miles

  • Public District Grades 6-7

High School

school-card-donut-4645386
3
/10
  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 1.73 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,712. Typical income of Albert Lea, MN residents is between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 122 Ridge Rd

What is the listing price of this property?

The listing price of 122 Ridge Rd property is $249,900.

What type of property is this?

The property 122 Ridge Rd is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 122 Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 122 Ridge Rd are:
Lakeview Elementary School: GreatSchools Rating 4/10
Southwest Middle School: GreatSchools Rating 3/10
Albert Lea Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,170 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 16, 2021 for $219,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 122 Ridge Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 122 Ridge Rd is 2,286 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 Ridge Rd is 1951.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›122 Ridge Rd

This home is located at 122 Ridge Rd in Albert Lea, MN and zip code 56007. This 2,286 square foot home was built in 1951. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $249,900.

While more than 5 listings in Albert Lea, MN in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Albert Lea, MN between March 2024 and April 2024 increased by 22.6%. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $155,000.

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

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