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1312 Fairlane Ter; Albert Lea, MN Property Details

1312 Fairlane Ter, Albert Lea, MN is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 1312 Fairlane Ter has 3 bedrooms, and 2 bathrooms, and a total of 962 square feet. The lot size of 1312 Fairlane Ter is 14,596 square feet.

Off market
1312 Fairlane Ter Albert Lea, MN 56007
$125,000 Listing Price
3 Beds
2 Baths
962 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Purchase Price: $125,000
  • Open Loans / Balance: 1 / $120,358
  • Est. Equity / %: $51,642 / 30.02%
  • APN: 34.201.0070
  • Situs County: Freeborn
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Metal
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 962/SqFt
  • Lot: 14,596/SqFt
  • Garage: 308/SqFt
  • Living: 962/SqFt
  • Basement: 962/SqFt
  • Building: 962/SqFt
  • Ground: 962/SqFt
  • Garage Unfinished: 308/SqFt
  • Basement Unfinished: 962/SqFt
  • Price Per Square Foot: $129.94

Legal Description

  • Description: NORTH RIDGE SUBDIVISION LOT-007 LOT 7 & COM NW COR LOT 6 TH ELY 9 FT ALG N LINE LOT 6 TH SLY TO SW COR LOT 6 TH N ALG W LINE
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: 43.660637 / -93.35174
  • Subdivision: North Ridge Subdivision
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3561
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

1312 Fairlane Ter has no associated ownership info
1312 Fairlane Ter has no associated ownership info.

Taxes

1312 Fairlane Ter has 10 associated Taxes items

1312 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 $137,100. The APN we've located for 1312 Fairlane Ter is 34.201.0070.

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Taxes
  • Assessed Value:  $137,100
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.201.0070
  • Assessed Land Value:  22200
  • Market Land Value:  22200
  • Tax Amount:  2574
  • Tax Year:  2026
  • Market Value:  137100
  • Market Year:  2026

Tax History

1312 Fairlane Ter has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $137,100 Land Value $22,200 Improvement Value $114,900 Tax Amount $2,574 Change Rate Assessed CR Tax Rate +0.018775%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,574 Change Rate +0.048046% Assessed CR Tax Rate
Year 2024 Assessed Value $124,600 Land Value $22,200 Improvement Value $102,400 Tax Amount $2,456 Change Rate +0.416378% Assessed CR Tax Rate +0.019711%
Year 2023 Assessed Value $111,800 Land Value $22,200 Improvement Value $89,600 Tax Amount $1,734 Change Rate +0.414356% Assessed CR Tax Rate +0.01551%
Year 2022 Assessed Value $108,800 Land Value $22,200 Improvement Value $86,600 Tax Amount $1,226 Change Rate -0.026984% Assessed CR Tax Rate +0.011268%
Year 2021 Assessed Value $91,900 Land Value $22,200 Improvement Value $69,700 Tax Amount $1,260 Change Rate +0.131059% Assessed CR Tax Rate +0.013711%
Year 2020 Assessed Value $85,600 Land Value $20,600 Improvement Value $65,000 Tax Amount $1,114 Change Rate +0.240535% Assessed CR Tax Rate +0.013014%
Year 2019 Assessed Value $74,600 Land Value $18,100 Improvement Value $56,500 Tax Amount $898 Change Rate +0.116915% Assessed CR Tax Rate +0.012038%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $804 Change Rate +0.210843% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $664 Change Rate +0.064103% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $624 Change Rate -0.108571% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $700 Change Rate -0.222222% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $900 Change Rate Assessed CR Tax Rate