701 1st Ave
Albany, MN 56307
3 bd 3 ba 2,640 sqft Built 1969 Lot 9,583 sqft single_family
Most recent sale
$228,000
Feb 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 28, 2022 | Sold | $228,000 | MLS #6122188 |
| Jan 18, 2022 | Listed | $225,000 | MLS #6122188 |
| Nov 30, 1990 | Sold | $64,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $145,700 | $2,448 |
| 2019 | — | — | $132,000 | $2,418 |
| 2018 | — | — | $126,300 | $2,162 |
| 2017 | — | — | $106,900 | $2,098 |
| 2016 | — | — | $102,200 | $2,164 |
| 2015 | — | — | $103,700 | $2,120 |
| 2014 | — | — | $101,700 | $2,006 |
| 2013 | — | — | $101,700 | $2,084 |
| 2012 | — | — | $103,300 | $2,074 |
| 2011 | — | — | $106,100 | $2,190 |
| 2010 | $107,200 | $25,700 | $132,900 | $1,532 |
Property facts
Year built
1969
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
2,640 sqft
Lot size
9,583 sqft
ZIP code
56307
City
Albany
Street
1st Ave
Coordinates
45.63681, -94.57238
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,368
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 701 1st Ave last sell?
701 1st Ave most recently sold on Feb 28, 2022 for $228,000.
What is the current tax assessment for 701 1st Ave?
The most recent total assessment for 701 1st Ave (year 2020) is $145,700 with $2,448 in property tax.
How does 701 1st Ave's assessment compare to its last sale price?
The current assessment is 36.1% below the last sale price of $228,000.
When was 701 1st Ave built?
701 1st Ave was built in 1969.
How does 701 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 701 1st Ave?
701 1st Ave is a 3 bed, 3 bath, 2,640 sqft, 9,583 sqft lot single_family.
Is 701 1st Ave a flip candidate?
No — 701 1st Ave does not appear in our flips dataset.
Is 701 1st Ave a tax-appeal candidate?
No — 701 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q2
$303.4K
2026 Q3
$310.8K
ZIP 56307 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave