221 Lake Ave
Albany, MN 56307
3 bd 1 ba 928 sqft Built 1949 Lot 6,534 sqft single_family
Most recent sale
$165,000
Nov 23, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 23, 2021 | Sold | $165,000 | Public Record |
| Nov 12, 2021 | Sold | $165,000 | MLS #6096106 |
| Oct 8, 2021 | Price changed | $169,900 | MLS #6096106 |
| Sep 14, 2021 | Price changed | $174,900 | MLS #6096106 |
| Sep 7, 2021 | Listed | $178,000 | MLS #6096106 |
| Oct 12, 2018 | Sold | $79,900 | MLS #4979097 |
| Aug 21, 2018 | Sold | $79,900 | MLS #4979097 |
| Jul 11, 2018 | Listed | $79,900 | MLS #4979097 |
| Jan 1, 2018 | Sold | $82,000 | Public Record |
| Sep 28, 2010 | Sold | $72,000 | MLS #3928968 |
| Aug 5, 2010 | Relisted | $79,900 | MLS #3928968 |
| Jul 9, 2010 | Listing removed | $79,900 | NorthstarMLS |
| May 23, 2010 | Listed | $79,900 | MLS #3928968 |
| Aug 25, 2000 | Sold | $49,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $113,800 | $23,500 | $137,300 | $1,926 |
| 2020 | $113,800 | $23,500 | $137,300 | $1,156 |
| 2019 | $59,300 | $23,500 | $82,800 | $686 |
| 2018 | — | — | $44,500 | $638 |
| 2017 | — | — | $40,700 | $604 |
| 2016 | — | — | $38,500 | $610 |
| 2015 | — | — | $37,900 | $598 |
| 2014 | — | — | $37,400 | $548 |
| 2013 | — | — | $37,800 | $578 |
| 2012 | — | — | $37,900 | $598 |
| 2011 | — | — | $40,400 | $608 |
| 2010 | $42,500 | $26,100 | $68,600 | $1,146 |
Property facts
Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
928 sqft
Lot size
6,534 sqft
ZIP code
56307
City
Albany
Street
Lake Ave
Coordinates
45.63307, -94.56560
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,392
Gross rental yield
10.12%
Implied cap rate
6.58%
Trend-extrapolated value
—
Frequently asked questions
When did 221 Lake Ave last sell?
221 Lake Ave most recently sold on Nov 23, 2021 for $165,000.
What is the current tax assessment for 221 Lake Ave?
The most recent total assessment for 221 Lake Ave (year 2021) is $137,300 with $1,926 in property tax.
How does 221 Lake Ave's assessment compare to its last sale price?
The current assessment is 16.8% below the last sale price of $165,000.
When was 221 Lake Ave built?
221 Lake Ave was built in 1949.
How does 221 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 221 Lake Ave?
221 Lake Ave is a 3 bed, 1 bath, 928 sqft, 6,534 sqft lot single_family.
Is 221 Lake Ave a flip candidate?
No — 221 Lake Ave does not appear in our flips dataset.
Is 221 Lake Ave a tax-appeal candidate?
No — 221 Lake 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 Lake Ave