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511 8th St

Albany, MN 56307

4 bd 2 ba 2,020 sqft Built 1966 Lot 12,632 sqft single_family
Most recent sale
$232,000
Mar 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 22, 2024 Sold $232,000 NorthstarMLS
Feb 7, 2024 Listed $220,000 NorthstarMLS
Jan 7, 2020 Sold $79,164 Public Record
Jun 28, 2002 Sold $114,000 Public Record
Apr 9, 1999 Sold $58,500 Public Record
Apr 6, 1994 Sold $50,000 Public Record
May 31, 1990 Sold $41,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $149,000 $2,066
2021 $138,900 $1,982
2020 $124,700 $1,774
2019 $119,700 $1,752
2018 $101,000 $1,506
2017 $96,500 $1,444
2016 $96,600 $1,488
2015 $94,500 $1,442
2014 $95,700 $2,098
2013 $96,900 $2,168
2012 $101,200 $2,180
2011 $100,500 $27,600 $128,100 $2,130
2010 $138,800 $2,204

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,020 sqft
Lot size
12,632 sqft
ZIP code
56307
City
Albany
Street
8th St
Coordinates
45.63497, -94.57362

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,392
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 511 8th St last sell?
511 8th St most recently sold on Mar 22, 2024 for $232,000.
What is the current tax assessment for 511 8th St?
The most recent total assessment for 511 8th St (year 2022) is $149,000 with $2,066 in property tax.
How does 511 8th St's assessment compare to its last sale price?
The current assessment is 35.8% below the last sale price of $232,000.
When was 511 8th St built?
511 8th St was built in 1966.
How does 511 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 511 8th St?
511 8th St is a 4 bed, 2 bath, 2,020 sqft, 12,632 sqft lot single_family.
Is 511 8th St a flip candidate?
No — 511 8th St does not appear in our flips dataset.
Is 511 8th St a tax-appeal candidate?
No — 511 8th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q2
$303.4K
2026 Q3
$310.8K
ZIP 56307 — Median Price History + Forecast

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