8 months on rocket

1405 Oakwood Dr, Albert Lea, MN, 56007

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
1 Full Bath
1,560 SqFt
$192/SqFt
House
Schools Nearby

Location

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1405 Oakwood Dr, Albert Lea$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel
Garage2 spaces
Year Built1894
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
WaterfrontLake Front
MLS #6418573
StatusActive

About 1405 Oakwood Dr

Take a look at this 3 bedroom 2 bath updated home located on Fountain Lake. Many updates including: both bathrooms, central air, forced air heat, all exterior walls insulated. Detached double stall garage. Many places in the yard to sit and enjoy the beautiful views of Fountain Lake. Schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1894
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: RE/MAX Properties

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • 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 turn West onto Wedge St, right onto Circle Ave, right onto Oakwood Dr, house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $192/SqFt

Tax Information:

  • Annual Amount: $2,516
  • Tax Year: 2021
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Housing Market Comparison

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

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Albert Lea, MN

City

Med. Sold Price

$155K

Med. Price/SqFt

$104

Avg. Days On Market

27

# of Sold Homes

13

1405 Oakwood Dr vs Albert Lea

261 DAYS ON ROCKET

+234 Days

$299,900

+$144.9K More

$192/SqFt

+$87 More

KEY TAKEAWAY

This property is $144.9K more than the Median Sold Price and $87/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: #6418573

Listing Office:

  • Office Name: RE/MAX Properties

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Last updated on: 5/3/2024, 12:52:32 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

Feb 04, 2021Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,516$160,500
2020$2,516$159,100
2018$2,370 -

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-5142863
4
/10

  • Lakeview Elementary School

  • 902 Abbott St

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5142864
3
/10

  • Southwest Middle School

  • 1601 W Front St

  • 1.35 miles

  • Public District Grades 6-7

High School

school-card-donut-5142865
3
/10

  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 1.98 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,779. The most common annual income of people living in Albert Lea, MN is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1405 Oakwood Dr

What is the listing price of this property?

The listing price of 1405 Oakwood Dr property is $299,900.

What type of property is this?

The property 1405 Oakwood Dr is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 1405 Oakwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1405 Oakwood Dr 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 $2,516 (source: MLS/based on county public records data).

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

The last sale was on February 4, 2021 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1405 Oakwood Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1405 Oakwood Dr is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1405 Oakwood Dr is 1894.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›1405 Oakwood Dr

This home is located at 1405 Oakwood Dr in Albert Lea, MN and zip code 56007. This 1,560 square foot home was built in 1894. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2023 and is currently priced at $299,900.

In April 2024 more than 5 listings in Albert Lea, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while 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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