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802 Fairlane Ter; Albert Lea, MN Property Details

802 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 802 Fairlane Ter has 5 bedrooms, and 1 bathroom, and a total of 1,216 square feet. The lot size of 802 Fairlane Ter is 12,276 square feet.

Off market
802 Fairlane Ter Albert Lea, MN 56007
$224,900 Estimated Value
5 Beds
1 Baths
1,216 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $219,994
  • Open Loans / Balance: 2 / $176,901
  • Est. Equity / %: $118,099 / 40.03%
  • APN: 34.202.0620
  • Situs County: Freeborn
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,216/SqFt
  • Lot: 12,276/SqFt
  • Garage: 480/SqFt
  • Living: 1,216/SqFt
  • Basement: 1,216/SqFt
  • Building: 1,216/SqFt
  • Ground: 1,216/SqFt
  • Basement Finished: 1,216/SqFt
  • Garage Unfinished: 480/SqFt
  • Basement Unfinished: 1,216/SqFt
  • Price Per Square Foot: $180.92

Legal Description

  • Description: RIDGEWOOD PARK SECOND SUBDIVIS LOT-002 BLOCK-015 LOT 2 BLK 15 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: 43.663628 / -93.35786
  • Subdivision: Ridgewood Park Second Subdivis
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3553
  • Bathroom Fixtures: 1
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

802 Fairlane Ter has 10 associated Taxes items

802 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 $224,900. The APN we've located for 802 Fairlane Ter is 34.202.0620.

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Taxes
  • Assessed Value:  $224,900
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.202.0620
  • Assessed Land Value:  24300
  • Market Land Value:  24300
  • Tax Amount:  3734
  • Tax Year:  2026
  • Market Value:  224900
  • Market Year:  2026

Tax History

802 Fairlane Ter has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $224,900 Land Value $24,300 Improvement Value $200,600 Tax Amount $3,734 Change Rate Assessed CR Tax Rate +0.016603%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,734 Change Rate +0.092452% Assessed CR Tax Rate
Year 2024 Assessed Value $200,100 Land Value $24,300 Improvement Value $175,800 Tax Amount $3,418 Change Rate +0.263119% Assessed CR Tax Rate +0.017081%
Year 2023 Assessed Value $178,100 Land Value $24,300 Improvement Value $153,800 Tax Amount $2,706 Change Rate +0.157399% Assessed CR Tax Rate +0.015194%
Year 2022 Assessed Value $176,900 Land Value $24,300 Improvement Value $152,600 Tax Amount $2,338 Change Rate -0.010161% Assessed CR Tax Rate +0.013217%
Year 2021 Assessed Value $150,600 Land Value $24,300 Improvement Value $126,300 Tax Amount $2,362 Change Rate -0.018288% Assessed CR Tax Rate +0.015684%
Year 2020 Assessed Value $153,300 Land Value $22,500 Improvement Value $130,800 Tax Amount $2,406 Change Rate +0.200599% Assessed CR Tax Rate +0.015695%
Year 2019 Assessed Value $133,500 Land Value $19,800 Improvement Value $113,700 Tax Amount $2,004 Change Rate +0.182999% Assessed CR Tax Rate +0.015011%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,694 Change Rate +0.192958% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,420 Change Rate +0.08067% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,314 Change Rate -0.185874% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,614 Change Rate -0.182371% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,974 Change Rate Assessed CR Tax Rate