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509 Highlands Dr

Albany, MN 56307

2 bd 1 ba 1,061 sqft Built 2003 Lot 14,113 sqft single_family
Most recent sale
$265,000
Mar 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2024 Sold $265,000 NorthstarMLS
Jan 27, 2024 Listed $249,000 NorthstarMLS
Jul 28, 2005 Sold $160,000 NorthstarMLS
Mar 10, 2005 Listed $163,000 NorthstarMLS
May 7, 2004 Sold $156,000 NorthstarMLS
Mar 17, 2004 Listed $154,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $170,300 $2,354
2021 $157,000 $2,234
2020 $142,100 $2,014
2019 $138,200 $2,014
2018 $126,000 $1,864
2017 $116,700 $1,734
2016 $117,300 $1,794
2015 $114,400 $1,732
2014 $114,900 $1,614
2013 $115,600 $1,686
2012 $118,800 $1,674
2011 $105,000 $40,900 $145,900 $1,624
2010 $152,900 $1,642

Property facts

Year built
2003
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,061 sqft
Lot size
14,113 sqft
ZIP code
56307
City
Albany
Street
Highlands Dr
Coordinates
45.64179, -94.57149

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,592
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 509 Highlands Dr last sell?
509 Highlands Dr most recently sold on Mar 11, 2024 for $265,000.
What is the current tax assessment for 509 Highlands Dr?
The most recent total assessment for 509 Highlands Dr (year 2022) is $170,300 with $2,354 in property tax.
How does 509 Highlands Dr's assessment compare to its last sale price?
The current assessment is 35.7% below the last sale price of $265,000.
When was 509 Highlands Dr built?
509 Highlands Dr was built in 2003.
How does 509 Highlands Dr compare to others on Highlands Dr?
We track 8 other properties on Highlands Dr. Browse the list under "Other properties on Highlands Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Highlands Dr?
509 Highlands Dr is a 2 bed, 1 bath, 1,061 sqft, 14,113 sqft lot single_family.
Is 509 Highlands Dr a flip candidate?
No — 509 Highlands Dr does not appear in our flips dataset.
Is 509 Highlands Dr a tax-appeal candidate?
No — 509 Highlands Dr 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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