1314 Fairlane Terrace, Albert Lea, MN 56007 (MLS# 7152170)

1314 Fairlane Terrace, Albert Lea, MN 56007

$184,900
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,924 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $184,900 List Date: 10/01/2026 Last Modified: 10/12/2026

Overview

Description

This three-bedroom one bathroom house is designed for functional living. The updated exterior features, including windows, siding and shingles, enhance the home's curb appeal and energy efficiency. The large, detached garage offers valuable storage and parking space, complementing the home's layout. The property is ideally located near parks and schools, making it convenient for daily activities. The basement presents an opportunity for customization, with potential to be finished for additional living space and a bedroom. The fenced backyard provides a secure area for outdoor enjoyment.

Listing Details MLS# 7152170

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1957
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Main Floor Total SqFt
962
Above Grd Total SqFt
962
Below Grd Total SqFt
962
Total SqFt
1924
Total Finished Sqft
962.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
962
Garage Stalls
2
Lot Dimensions
76x140
Acres
0.22
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Kitchen Window; Patio; Wet Bar Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Basement: Concrete Block; Sump Pump; Unfinished Bath Description: Main Floor Full Bath; Rough In Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Living/Dining Room Electric: 100 Amp Service; Circuit Breakers Exterior: Vinyl Fencing: Full; Wood Foundation: Brick/Mortar Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Gas Dryer Hookup; In Basement; Washer Hookup Lock Box Type: Supra Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer; Street Lights Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; Rural Development; VA Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
184900
ListPrice
184900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1314
Street Name
Fairlane
Street Suffix
Terrace
Postal City
Albert Lea
County
Freeborn
State
MN
Zip Code
56007
Complex/Dev/Subdivision
North Ridge Sub

Assessments

Assessment Balance
1837.16
Tax With Assessments
2694

Building Information

Finished SqFt Above Ground
962

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SEMR

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
616

Room Information

Room Name Dimensions Level
Bathroom 8x6 Main
First (1st) Bedroom 12x10 Main
Kitchen 13x8 Main
Laundry 12x12 Basement
Living Room 19x13 Main
Recreation Room 18x11 Basement
Second (2nd) Bedroom 12x9 Main
Storage Room 17x12 Basement
Third (3rd) Bedroom 12x9 Main

Documents

IDX
Listing Office: Leland Realty
Last Updated: October - 12 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products