Nestled on a beautiful treed lot overlooking the city park and community gardens, this spacious 4-bedroom, 3-bath rambler offers a fantastic location just kitty-corner from the boat launch. Built in 1957, this 2987 sq ft and well-maintained home features three bedrooms on the main floor, a open floor plan, and numerous updates throughout the years.
The family room and one of the main-floor bedrooms share a unique see-through gas fireplace, creating warmth and character in both spaces. The spacious kitchen features sliding glass doors leading to the rear concrete patio, perfect for relaxing or entertaining while enjoying the private backyard setting. A large wraparound wood deck spans the entire front of the home and has been freshly repainted.
The lower level offers additional living space (4th bedroom or rec room) a ground-level entrance, and access to the attached 2-car garage. Both three-quarter bathrooms feature nicely updated shower stalls.
Major mechanical updates include a furnace, AC, washer & dryer in the last 5 years and a new water heater in 2025. Additional exterior improvements include a newer concrete driveway and stone retaining wall.
This home combines space, location, mature trees, and solid updates with an opportunity to add your own updates and style over time. A rare chance to enjoy park views, nearby water access, and comfortable rambler living in an established neighborhood.
The chair lift can stay with the home if desired.
Closed
$290,000
510 W Richway Dr, Albert Lea, MN 56007
4beds
2,987sqft
Single Family
Built in 1957
0.26 Acres Lot
$290,900 Zestimate®
$97/sqft
$2,010 Estimated rent
Home value
$290,900
Estimated sales range
Not available
$2,010/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Linda J. Hipp 612-590-9569,
RE/MAX Advantage Plus
Bought with:
Davy Villarreal
Robert Hoffman Realty Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7066473
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 154.28 Square Feet
- Dimensions: 11.6x13.3
Bedroom 2
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Bedroom 3
- Level: Main
- Area: 141.05 Square Feet
- Dimensions: 15.5x9.1
Bedroom 4
- Level: Lower
- Area: 320.76 Square Feet
- Dimensions: 24.3x13.2
Deck
- Level: Main
- Area: 673.4 Square Feet
- Dimensions: 48.10x14
Deck
- Level: Main
- Area: 44.55 Square Feet
- Dimensions: 3.3x13.5
Den
- Level: Main
- Area: 148.4 Square Feet
- Dimensions: 10.6x14
Dining room
- Level: Main
- Area: 133 Square Feet
- Dimensions: 9.5x14
Family room
- Level: Main
- Area: 114.24 Square Feet
- Dimensions: 8.4x13.6
Flex room
- Level: Main
- Area: 97.37 Square Feet
- Dimensions: 10.7x9.1
Foyer
- Level: Main
- Area: 54.12 Square Feet
- Dimensions: 4.10x13.2
Kitchen
- Level: Main
- Area: 325.68 Square Feet
- Dimensions: 11.8x27.6
Laundry
- Level: Main
- Area: 54.25 Square Feet
- Dimensions: 4.11x13.2
Living room
- Level: Main
- Area: 278.52 Square Feet
- Dimensions: 21.1x13.2
Utility room
- Level: Lower
- Area: 416.87 Square Feet
- Dimensions: 31.11x13.4
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Basement: Block,Crawl Space,Egress Window(s),Finished,Partial,Partially Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Double Sided, Family Room, Gas
Interior area
- Total structure area: 2,987
- Total interior livable area: 2,987 sqft
- Finished area above ground: 2,089
- Finished area below ground: 898
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener, Insulated Garage, Tuckunder Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (27.3x26.10)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio, Wrap Around
Lot
- Size: 0.26 Acres
- Dimensions: 117 x 125 x 119 x 112 x 31
- Features: Tree Coverage - Medium
Details
- Foundation area: 1623
- Parcel number: 342120190
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albert Lea
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $296,100
- Annual tax amount: $4,280
- Date on market: 5/18/2026
- Cumulative days on market: 3 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $290,000+1.8%$97/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7066473 Report a problem | ||
| 5/25/2026 | Pending sale | $285,000$95/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7066473 Report a problem | ||
| 5/22/2026 | Listed for sale | $285,000+23.9%$95/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7066473 Report a problem | ||
| 7/22/2021 | Sold | $230,000-6.1%$77/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5754934 Report a problem | ||
| 9/17/2020 | Listing removed | $245,000$82/sqft |
Source: Leland Realty, Inc #5608464 Report a problem | ||
| 9/1/2020 | Price change | $245,000-2%$82/sqft |
Source: Leland Realty, Inc #5608464 Report a problem | ||
| 6/15/2020 | Listed for sale | $250,000$84/sqft |
Source: Leland Realty, Inc #5608464 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,528 -0.6% | $296,100 +20.3% |
| 2024 | $3,550 +17.2% | $246,200 |
| 2023 | $3,028 +13.2% | $246,200 +9.9% |
| 2022 | $2,676 -2.9% | $224,000 +19.8% |
| 2021 | $2,756 | $187,000 +12% |
| 2020 | $2,756 +16.3% | $167,000 |
| 2019 | $2,370 | -- |
| 2018 | $2,370 +6.6% | -- |
| 2016 | $2,224 -7.5% | -- |
| 2015 | $2,404 +6.8% | -- |
| 2014 | $2,250 -18.8% | -- |
| 2012 | $2,772 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56007
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Nearby schools
GreatSchools rating
- 6/10Lakeview Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Albert Lea Senior High SchoolGrades: 8-12Distance: 1.3 mi
- 4/10Southwest Middle SchoolGrades: 6-7Distance: 1.9 mi
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- Minnesota
- Freeborn County
- Albert Lea
- 56007
- 510 W Richway Dr
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