601 16th St
Albert Lea, MN 56007
3 bd 1 ba 1,992 sqft Built 1957 Lot 9,601 sqft single_family
Most recent sale
$170,000
Jun 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 13, 2022 | Sold | $170,000 | MLS #6184260 |
| Apr 25, 2022 | Listed | $179,900 | MLS #6184260 |
| Apr 30, 2021 | Sold | $163,900 | MLS #5724024 |
| Mar 13, 2021 | Listed | $168,900 | MLS #5724024 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $142,400 | $11,600 | $154,000 | $2,434 |
| 2020 | — | — | $78,200 | $1,428 |
| 2019 | — | — | $65,900 | $1,232 |
| 2018 | — | — | $55,500 | $1,166 |
| 2017 | $43,947 | $6,853 | $50,800 | $964 |
| 2016 | $36,445 | $5,755 | $42,200 | $1,268 |
| 2015 | $38,940 | $5,760 | $44,700 | $1,274 |
| 2014 | $39,635 | $5,765 | $45,400 | $1,300 |
| 2013 | $39,635 | $5,765 | $45,400 | $1,514 |
| 2012 | $45,139 | $6,061 | $51,200 | $1,528 |
| 2011 | $42,092 | $8,808 | $50,900 | $1,032 |
| 2009 | $74,400 | $14,000 | $88,400 | $1,108 |
| 2008 | $74,400 | $14,000 | $88,400 | $1,052 |
| 2007 | $74,400 | $14,000 | $88,400 | $990 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,992 sqft
Lot size
9,601 sqft
ZIP code
56007
City
Albert Lea
Street
16th St
Coordinates
43.62134, -93.35835
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 601 16th St last sell?
601 16th St most recently sold on Jun 13, 2022 for $170,000.
What is the current tax assessment for 601 16th St?
The most recent total assessment for 601 16th St (year 2025) is $154,000 with $2,434 in property tax.
How does 601 16th St's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $170,000.
When was 601 16th St built?
601 16th St was built in 1957.
How does 601 16th St compare to others on 16th St?
We track 2 other properties on 16th St. Browse the list under "Other properties on 16th St" to compare beds, baths, and sale history.
What are the property facts for 601 16th St?
601 16th St is a 3 bed, 1 bath, 1,992 sqft, 9,601 sqft lot single_family.
Is 601 16th St a flip candidate?
No — 601 16th St does not appear in our flips dataset.
Is 601 16th St a tax-appeal candidate?
No — 601 16th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$243.6K
2026 Q4
$249.7K
ZIP 56007 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 16th St