new - 6 days on rocket

509 4th St, Albert Lea, MN, 56007

$189,000

Home List Price

$2,244*

Closing Credit

5 Bedrooms
3 Full Baths
1,890 SqFt
$100/SqFt
House
Schools Nearby

Location

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509 4th St, Albert Lea$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt
Garage2 spaces
Year Built1888
HeatingForced Air
CoolingWall Unit(s)
BasementYes
MLS #6523303
StatusActive

About 509 4th St

Charming Southern Minnesota home. Timeless curb appeal. Provides a serene country living experience. Proximity to modern amenities. Conveniently located near local conveniences and Albert Lea Lake beaches. Features a 2-car garage and inviting front yard. Currently occupied by two tenants responsible for electricity. Owner covers all other utilities. Best of both worlds: tranquility of countryside and comforts of modern living in Albert Lea. Property is currently leased as a duplex, up and down. Rented on a month-to-month basis. Schedule closing 30 days+ to accommodate owner occupant. Seller has never lived in the property. Act now, this opportunity won't last long! Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1888
  • Living Area: 1,890 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Albert Lea Senior High School, Public District Grades 8-12
  • Southwest Middle School, Public District Grades 6-7
  • Halverson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Broadway > 4th > On the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $100/SqFt
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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

$160.2K

Med. Price/SqFt

$105

Avg. Days On Market

88

# of Sold Homes

16

509 4th St vs Albert Lea

6 DAYS ON ROCKET

-82 Days

$189,000

+$28.8K More

$100/SqFt

-$6 Less

KEY TAKEAWAY

This property is $28.8K more than the Median Sold Price and $6/SqFt less 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: #6523303

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 4/29/2024, 12:22:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

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-2738614
7
/10

  • Halverson Elementary School

  • 707 E 10th St

  • 0.71 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2738615
3
/10

  • Southwest Middle School

  • 1601 W Front St

  • 1.48 miles

  • Public District Grades 6-7

High School

school-card-donut-2738616
3
/10

  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 2.38 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 $48,750. Typical income of Albert Lea, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 4th St

What is the listing price of this property?

The listing price of 509 4th St property is $189,000.

What type of property is this?

The property 509 4th St is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 509 4th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 509 4th St are:
Halverson Elementary School: GreatSchools Rating 7/10
Southwest Middle School: GreatSchools Rating 3/10
Albert Lea Senior High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 509 4th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 509 4th St is 1,890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 4th St is 1888.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›509 4th St

This home is located at 509 4th St in Albert Lea, MN and zip code 56007. This 1,890 square foot home was built in 1888. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $189,000.

Albert Lea, MN housing market in March 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 14 sold below. In March 2024 in Albert Lea, MN there were 12.5% more homes for sale than in February 2024. In March 2024, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $160,200.

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

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