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1003 Fairlane Ter; Albert Lea, MN Property Details

1003 Fairlane Ter, Albert Lea, MN is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 1003 Fairlane Ter has 3 bedrooms, and 2 bathrooms, and a total of 960 square feet. The lot size of 1003 Fairlane Ter is 8,521 square feet.

Off market
1003 Fairlane Ter Albert Lea, MN 56007
$161,500 Listing Price
3 Beds
2 Baths
960 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $161,500
  • Open Loans / Balance: 1 / $116,695
  • Est. Equity / %: $114,305 / 49.48%
  • APN: 34.203.0040
  • Situs County: Freeborn
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Ceramic
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 960/SqFt
  • Lot: 8,521/SqFt
  • Gross: 960/SqFt
  • Garage: 528/SqFt
  • Living: 960/SqFt
  • Basement: 960/SqFt
  • Building: 960/SqFt
  • Ground: 960/SqFt
  • Basement Finished: 960/SqFt
  • Garage Unfinished: 528/SqFt
  • Basement Unfinished: 960/SqFt
  • Price Per Square Foot: $168.23

Legal Description

  • Description: RIDGEWOOD PARK 2ND SUB, REPLAT LOT-004 BLOCK-011 LOT 4 REPLAT BLK 11 RIDGEWOOD PARK 2ND SUB
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.662323 / -93.35621
  • Subdivision: Ridgewood Park 2nd Sub, Replat
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Plus Four: 3557
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Baseboard

Ownership Info

1003 Fairlane Ter has no associated ownership info
1003 Fairlane Ter has no associated ownership info.

Taxes

1003 Fairlane Ter has 10 associated Taxes items

1003 Fairlane Ter, Albert Lea, MN pays taxes in Freeborn County, MN. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $182,000. The APN we've located for 1003 Fairlane Ter is 34.203.0040.

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Taxes
  • Assessed Value:  $182,000
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.203.0040
  • Assessed Land Value:  19400
  • Market Land Value:  19400
  • Tax Amount:  2424
  • Tax Year:  2026
  • Market Value:  182000
  • Market Year:  2026

Tax History

1003 Fairlane Ter has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $182,000 Land Value $19,400 Improvement Value $162,600 Tax Amount $2,424 Change Rate Assessed CR Tax Rate +0.013319%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,424 Change Rate +0.123262% Assessed CR Tax Rate
Year 2024 Assessed Value $163,400 Land Value $19,400 Improvement Value $144,000 Tax Amount $2,158 Change Rate +0.118135% Assessed CR Tax Rate +0.013207%
Year 2023 Assessed Value $145,300 Land Value $19,400 Improvement Value $125,900 Tax Amount $1,930 Change Rate +0.06866% Assessed CR Tax Rate +0.013283%
Year 2022 Assessed Value $144,700 Land Value $19,400 Improvement Value $125,300 Tax Amount $1,806 Change Rate +0.723282% Assessed CR Tax Rate +0.012481%
Year 2021 Assessed Value $122,400 Land Value $19,400 Improvement Value $103,000 Tax Amount $1,048 Change Rate -0.367913% Assessed CR Tax Rate +0.008562%
Year 2020 Assessed Value $111,300 Land Value $17,900 Improvement Value $93,400 Tax Amount $1,658 Change Rate +0.22997% Assessed CR Tax Rate +0.014897%
Year 2019 Assessed Value $96,900 Land Value $15,800 Improvement Value $81,100 Tax Amount $1,348 Change Rate +0.205725% Assessed CR Tax Rate +0.013911%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,118 Change Rate +0.444444% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $774 Change Rate +0.063187% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $728 Change Rate -0.131265% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $838 Change Rate -0.277586% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,160 Change Rate Assessed CR Tax Rate