701 Forest Ave
Albany, MN 56307
3 bd 1 ba 1,268 sqft Built 1890 Lot 7,579 sqft single_family
Most recent sale
$165,000
Jan 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 1, 2025 | Listed | $199,999 | NorthstarMLS |
| Jan 13, 2022 | Sold | $165,000 | MLS #6130426 |
| Nov 29, 2021 | Listed | $159,900 | MLS #6130426 |
| Jan 10, 2013 | Sold | $11,000 | MLS #4315366 |
| Nov 5, 2012 | Listed | $29,500 | MLS #4315366 |
| Jul 26, 2012 | Listing removed | $44,900 | Mankato |
| Jun 18, 2012 | Listing removed | $44,900 | NorthstarMLS |
| Mar 22, 2012 | Listing removed | $44,900 | LakeSuperiorAreaRealtors |
| Feb 15, 2012 | Price changed | $44,900 | MLS #4110169 |
| Feb 1, 2012 | Price changed | $49,900 | MLS #4110169 |
| Dec 21, 2011 | Listed | $44,900 | MLS #4094773 |
| Jun 17, 2011 | Listing removed | $99,900 | NorthstarMLS |
| Nov 8, 2008 | Listing removed | $99,900 | Willmar |
| Nov 7, 2008 | Listing removed | $99,900 | GreaterAlexandria |
| May 12, 2008 | Listed | $99,900 | MLS #26664 |
| Oct 24, 2001 | Sold | $40,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $39,800 | $1,372 |
| 2019 | — | — | $39,400 | $480 |
| 2018 | — | — | $31,000 | $452 |
| 2017 | — | — | $28,600 | $682 |
| 2016 | $28,800 | $17,700 | $46,500 | $556 |
| 2015 | $19,000 | $17,700 | $36,700 | $552 |
| 2014 | $19,100 | $17,700 | $36,800 | $528 |
| 2013 | $19,800 | $17,700 | $37,500 | $690 |
| 2012 | $30,100 | $17,700 | $47,800 | $828 |
| 2011 | $28,400 | $20,800 | $49,200 | $770 |
| 2010 | $29,100 | $20,800 | $49,900 | $660 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,268 sqft
Lot size
7,579 sqft
ZIP code
56307
City
Albany
Street
Forest Ave
Coordinates
45.63282, -94.57273
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,902
Gross rental yield
13.83%
Implied cap rate
8.99%
Trend-extrapolated value
—
Frequently asked questions
When did 701 Forest Ave last sell?
701 Forest Ave most recently sold on Jan 13, 2022 for $165,000.
What is the current tax assessment for 701 Forest Ave?
The most recent total assessment for 701 Forest Ave (year 2020) is $39,800 with $1,372 in property tax.
How does 701 Forest Ave's assessment compare to its last sale price?
The current assessment is 75.9% below the last sale price of $165,000.
When was 701 Forest Ave built?
701 Forest Ave was built in 1890.
How does 701 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 701 Forest Ave?
701 Forest Ave is a 3 bed, 1 bath, 1,268 sqft, 7,579 sqft lot single_family.
Is 701 Forest Ave a flip candidate?
No — 701 Forest Ave does not appear in our flips dataset.
Is 701 Forest Ave a tax-appeal candidate?
No — 701 Forest 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 Forest Ave