720 2nd Ave
Albany, MN 56307
4 bd 2 ba 1,440 sqft Built 1975 Lot 23,958 sqft multi_family
Most recent sale
$150,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $150,000 | MLS #6206574 |
| Jun 28, 2022 | Price changed | $169,900 | MLS #6206574 |
| Jun 2, 2022 | Listed | $235,000 | MLS #6206574 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $136,200 | $45,400 | $181,600 | $3,028 |
| 2023 | $148,600 | $40,900 | $189,500 | $3,146 |
| 2022 | $117,800 | $40,900 | $158,700 | $2,658 |
| 2021 | $110,300 | $40,900 | $151,200 | $2,598 |
| 2020 | $110,300 | $40,900 | $151,200 | $2,404 |
| 2019 | $99,900 | $40,900 | $140,800 | $2,428 |
| 2018 | $97,000 | $40,900 | $137,900 | $2,194 |
| 2017 | $84,500 | $38,600 | $123,100 | $2,142 |
| 2016 | $81,200 | $38,600 | $119,800 | $2,212 |
| 2015 | $81,300 | $38,600 | $119,900 | $2,162 |
| 2014 | $80,000 | $38,600 | $118,600 | $2,070 |
| 2013 | $81,100 | $38,600 | $119,700 | $2,138 |
| 2012 | $82,300 | $38,600 | $120,900 | $2,184 |
| 2011 | $82,400 | $45,400 | $127,800 | $2,022 |
| 2010 | $83,600 | $45,400 | $129,000 | $2,062 |
Property facts
Year built
1975
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,440 sqft
Lot size
23,958 sqft
ZIP code
56307
City
Albany
Street
2nd Ave
Coordinates
45.63723, -94.57296
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 720 2nd Ave last sell?
720 2nd Ave most recently sold on Sep 23, 2022 for $150,000.
What is the current tax assessment for 720 2nd Ave?
The most recent total assessment for 720 2nd Ave (year 2024) is $181,600 with $3,028 in property tax.
How does 720 2nd Ave's assessment compare to its last sale price?
The current assessment is 21.1% above the last sale price of $150,000.
When was 720 2nd Ave built?
720 2nd Ave was built in 1975.
How does 720 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 720 2nd Ave?
720 2nd Ave is a 4 bed, 2 bath, 1,440 sqft, 23,958 sqft lot multi_family.
Is 720 2nd Ave a flip candidate?
No — 720 2nd Ave does not appear in our flips dataset.
Is 720 2nd Ave a tax-appeal candidate?
No — 720 2nd 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 2nd Ave