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1303 Fairlane Ter; Albert Lea, MN Property Details

1303 Fairlane Ter, Albert Lea, MN is a Single Family that was built in 1955. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 1303 Fairlane Ter has 3 bedrooms, and 1 bathroom, and a total of 1,064 square feet. The lot size of 1303 Fairlane Ter is 12,859 square feet.

Off market
1303 Fairlane Ter Albert Lea, MN 56007
$70,000 Listing Price
3 Beds
1 Baths
1,064 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $11,403
  • Est. Equity / %: $189,000 / 100%
  • APN: 34.200.0480
  • Situs County: Freeborn
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Tile
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,064/SqFt
  • Lot: 12,859/SqFt
  • Garage: 484/SqFt
  • Living: 1,064/SqFt
  • Basement: 851/SqFt
  • Building: 1,064/SqFt
  • Ground: 1,064/SqFt
  • Basement Finished: 851/SqFt
  • Garage Unfinished: 484/SqFt
  • Basement Unfinished: 1,064/SqFt
  • Price Per Square Foot: $10.72

Legal Description

  • Description: RIDGEWOOD PARK SUBDIVISION LOT-008 BLOCK-003 LOT 8 BLK 3 RIDGEWOOD PARK 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: 43.661083 / -93.35282
  • Subdivision: Ridgewood Park Subdivision
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3562
  • Bathroom Fixtures: 1
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

1303 Fairlane Ter has no associated ownership info
1303 Fairlane Ter has no associated ownership info.

Taxes

1303 Fairlane Ter has 10 associated Taxes items

1303 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 $165,900. The APN we've located for 1303 Fairlane Ter is 34.200.0480.

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Taxes
  • Assessed Value:  $165,900
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.200.0480
  • Assessed Land Value:  24800
  • Market Land Value:  24800
  • Tax Amount:  2574
  • Tax Year:  2026
  • Market Value:  165900
  • Market Year:  2026

Tax History

1303 Fairlane Ter has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $165,900 Land Value $24,800 Improvement Value $141,100 Tax Amount $2,574 Change Rate Assessed CR Tax Rate +0.015515%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,574 Change Rate +0.084246% Assessed CR Tax Rate
Year 2024 Assessed Value $150,100 Land Value $24,800 Improvement Value $125,300 Tax Amount $2,374 Change Rate +0.136973% Assessed CR Tax Rate +0.015816%
Year 2023 Assessed Value $135,500 Land Value $24,800 Improvement Value $110,700 Tax Amount $2,088 Change Rate +0.254808% Assessed CR Tax Rate +0.01541%
Year 2022 Assessed Value $136,700 Land Value $24,800 Improvement Value $111,900 Tax Amount $1,664 Change Rate -0.120507% Assessed CR Tax Rate +0.012173%
Year 2021 Assessed Value $115,000 Land Value $24,800 Improvement Value $90,200 Tax Amount $1,892 Change Rate +0.159314% Assessed CR Tax Rate +0.016452%
Year 2020 Assessed Value $112,800 Land Value $24,200 Improvement Value $88,600 Tax Amount $1,632 Change Rate +0.221557% Assessed CR Tax Rate +0.014468%
Year 2019 Assessed Value $98,300 Land Value $21,300 Improvement Value $77,000 Tax Amount $1,336 Change Rate +0.210145% Assessed CR Tax Rate +0.013591%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,104 Change Rate +0.221239% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $904 Change Rate +0.07619% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $840 Change Rate -0.179688% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,024 Change Rate -0.142379% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,194 Change Rate Assessed CR Tax Rate