1314 Fairlane Terrace - Photo 1
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1314 Fairlane Terrace
1314 Fairlane Terrace
1314 Fairlane Terrace
1314 Fairlane Terrace
1314 Fairlane Terrace

1314 Fairlane Terrace, Albert Lea, MN 56007 - MLS# 7152170

MLS® #: 7152170|Listed: Oct 1, 2026

$184,900

Bedrooms
3
Bathrooms
1
Square Feet
962
Acres
0.22
Year Built
1957
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
2
School District
241 - Albert Lea

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.

1314 Fairlane Terrace, Albert Lea, MN 56007

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Interior Information

BasementBlock, Sump Pump, Unfinished
AppliancesDishwasher, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Range, Refrigerator, Washer
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryIn Basement, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Dining RoomLiving/Dining Room
Interior AmenitiesCeiling Fan(s), Deck, Kitchen Window, Patio, Wet Bar
ElectricCircuit Breakers, 100 Amp Service

Size & Levels

LevelsOne
Total Finished Sq Ft1,924 sq ft
Above Grade Finished962 sq ft
Main Level Finished962 sq ft

Bathrooms

Full Baths1
Bathroom DetailsBasement, Main Floor Full Bath, Rough In

Rooms

Main Level Rooms

Living Room19' x 13'
Kitchen13' x 8'
Bedroom12' x 10'
Bedroom 212' x 9'
Bedroom 312' x 9'
Bathroom8' x 6'

Basement Level Rooms

Laundry12' x 12'
Recreation Room18' x 11'
Storage17' x 12'

Exterior & Parking

ExteriorVinyl
ConstructionFrame
RoofAge 8 Years or Less, Asphalt
FoundationBrick/Mortar
Patio / PorchDeck, Patio
Garage Stalls2
ParkingDetached Garage, Concrete

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.22 acres
Lot Dimensions76x140
ZoningResidential-Single Family
SubdivisionNorth Ridge Sub
TownshipAlbert Lea
CountyFreeborn
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Curbs, Paved Streets, Street Lights, Storm Sewer
FencingFull, Wood

Financial & Tax Information

Annual Taxes$2,276
Tax Year2026
Tax w/ Assessments$2,694
Other Annual Assessments$1,837
Assessment PendingNo
Parcel Number342010060
Financing OptionsConventional, VA, FHA, Cash, Rural Development
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions
Broker Reciprocity logo
Listed by: Leland Realty
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.