1 month on rocket

Sale Pending

512 Railroad Ave, Albert Lea, MN, 56007

$99,900

Home List Price

$1,186*

Closing Credit

3 Bedrooms
1 Full Bath
1,466 SqFt
$68/SqFt
House
Schools Nearby

Location

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512 Railroad Ave, Albert Lea$99,900

Buyer Closing Credits

$1,186*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel, Garage Door Opener
Garage2 spaces
Year Built1960
HeatingForced Air
CoolingWall Unit(s)
BasementYes
MLS #6495026
StatusSale Pending
(Pending)

About 512 Railroad Ave

3 bedroom 1 full bath ranch style home on large lot. Newer furnace. Hardwood flooring in bedrooms and living room. Double detached garage with opener. This one will move quickly so make your appointment to view today.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 1,466 SqFt

Listing Office:

  • Office Name: Century 21 Atwood

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Gas Water Heater, Microwave, Refrigerator, Oven, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Few Trees

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: From Broadway Ave and Main Street Albert Lea, follow Broadway Ave south to South Broadway Avenue. Right on South Broadway then immediate left onto Railroad Avenue. 512 Railroad Ave is on right side of street near end of road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,900
  • Price Per SqFt: $68/SqFt

Tax Information:

  • Annual Amount: $880
  • 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

$160.2K

Med. Price/SqFt

$105

Avg. Days On Market

88

# of Sold Homes

16

512 Railroad Ave vs Albert Lea

58 DAYS ON ROCKET

-30 Days

$99,900

-$60.3K Less

$68/SqFt

-$38 Less

KEY TAKEAWAY

This property is $60.3K less than the Median Sold Price and $38/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: #6495026

Listing Office:

  • Office Name: Century 21 Atwood

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Last updated on: 4/28/2024, 10:22:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$880$69,300
2020$880$71,600
2018$788 -

History based on county public records data.

Payment Calculator

$566

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-2667231
7
/10

  • Halverson Elementary School

  • 707 E 10th St

  • 0.28 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2667232
3
/10

  • Southwest Middle School

  • 1601 W Front St

  • 1.67 miles

  • Public District Grades 6-7

High School

school-card-donut-2667233
3
/10

  • Albert Lea Senior High School

  • 2000 Tiger Ln

  • 3.03 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 $28,617. Residents of Albert Lea, MN typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 512 Railroad Ave

What is the listing price of this property?

The listing price of 512 Railroad Ave property is $99,900.

What type of property is this?

The property 512 Railroad Ave is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Sale Pending: 512 Railroad Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 512 Railroad Ave are:
Halverson Elementary School: GreatSchools Rating 7/10
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 $880 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 512 Railroad Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 512 Railroad Ave is 1,466 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 512 Railroad Ave is 1960.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›512 Railroad Ave

This home is located at 512 Railroad Ave in Albert Lea, MN and zip code 56007. This 1,466 square foot home was built in 1960. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $99,900.

In March 2024 more than 1 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 14 were sold below. The number of homes for sale in Albert Lea, MN increased by 12.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 88 days, the median list price was $160,200.

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

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