1318 Academy Avenue Albert Lea, MN ^$ 115,000

1318 Academy Avenue

^$ 115,000

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1318 Academy Avenue

Albert Lea, MN, 56007

^$ 115,000

Bedrooms3 Baths2.1 Sq 1,205

Monthly Estimate*

^$ 689

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Single Family Home for sale in Albert Lea, MN

for $115,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,205 square foot home was built in 1948 on a lot size of 0.14.

Back to the market with new updates including fresh paint, flooring, trim, light fixtures, and much more, ready for you to move in! Affordable 3 bedroom, 3 bath home with main floor vaulted bedroom! Detached 2 car garage, central air, hardwood floors & eat in kitchen. Located close to grade school and park!

Single Family Active

Price

^$ 115,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 1,054

Style

Single Family Residence

Lot Size

0.14

Year Built

1948

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

6630644

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

HOA Fee 0

Garage Spaces 2

Construction Materials Aluminum Siding

Year Built 1948

Levels Two

Property Subtype Single Family Residence

Tax Year 2024

Accessibility None

County Freeborn

New Construction N

Property Type Residential

HOA N

Contingency None

Subdivision Name Academy Add

Full Baths 1

Directions East 8th St East past Margaretha turn left home is on the left

City Albert Lea

High School District Albert Lea

Zoning Description Residential-Single Family

Lot Size Units Acres

Lot Size Square Feet 6229.08

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1054

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Block Daylight/Lookout Windows Unfinished

Total Fireplaces 0

Basement (Y/N) Y

Fireplace Y/N N

Above Grade Finished Area 1205

Half Baths 1

1/4 Baths 0

3/4 Baths 1

Total Bedrooms 3

Below Grade Finished Area 0

Room Type Living Room Dining Room Kitchen Bedroom 1 Bedroom 2 Bedroom 3

Total Baths 3

Bath Desc 3/4 Basement Main Floor Full Bath Upper Level 1/2 Bath

Fuel Natural Gas

Garage Dimensions 20 x 22

Garage Square Feet 440

Exterior

Parking Features Detached

Water Source City Water/Connected

Lot Size Area 0.14

Building Area Total 1205

Lot Dimensions 50 x125

Foundation Area 672

Internal Only

Street Number 1 1318

* Excluded Features

List By

Exp Realty

Broker

isabellathomasrealestate@gmail.com

Affordability Calculator

$777

Per Month

Monthly Principal & Interest: $689
Monthly Property Taxes: $88
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Albert Lea, MN

Average List Price ^$286,848

Percent of Sale Price 149%

About Albert Lea, MN

17,794 Population

-4% Since 2002

^$44,096 Median Income

43.27 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708674 Elementary School

708663 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/2/2025	$115,000	-8.00%	Price Down
11/15/2024	$125,000		Listed Price

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1318 Academy Avenue, Albert Lea, MN, 56007 is a Single Family Home for sale at $115,000 with 1,205 sqft and a lot size of 0.14. 1318 Academy Avenue has 3 bedrooms, 2.1 baths, and was built in 1948. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/19/2025.

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1318 Academy Avenue

Single Family Home for sale in Albert Lea, MN

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