109 3rd Ave
Albert Lea, MN 56007
3 bd 1 ba 1,056 sqft Built 1941 Lot 6,098 sqft single_family
Most recent sale
$139,900
Dec 17, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2023 | Price changed | $149,900 | NorthstarMLS |
| Jun 15, 2023 | Listed | $159,000 | NorthstarMLS |
| Dec 17, 2021 | Sold | $139,900 | MLS #6089234 |
| Oct 5, 2021 | Price changed | $139,950 | MLS #6089234 |
| Aug 24, 2021 | Listed | $147,777 | MLS #6089234 |
| Dec 14, 2012 | Sold | $70,100 | MLS #4038940 |
| Jul 17, 2012 | Listed | $74,900 | MLS #4038940 |
| May 18, 2007 | Sold | $63,900 | MLS #2926454 |
| Jan 22, 2007 | Listed | $69,900 | MLS #2926454 |
| Apr 14, 1999 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $56,100 | $1,114 |
| 2019 | — | — | $42,500 | $854 |
| 2018 | $38,064 | $4,436 | $42,500 | $860 |
| 2017 | $31,380 | $5,520 | $36,900 | $708 |
| 2016 | $25,576 | $5,524 | $31,100 | $600 |
| 2015 | $27,273 | $5,527 | $32,800 | $612 |
| 2014 | $29,486 | $5,514 | $35,000 | $658 |
| 2013 | $29,186 | $5,514 | $34,700 | $724 |
| 2012 | $28,980 | $5,220 | $34,200 | $700 |
| 2011 | $45,900 | $8,700 | $54,600 | $718 |
| 2009 | $45,900 | — | $54,600 | $658 |
| 2007 | $43,700 | $8,300 | $52,000 | $716 |
Property facts
Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,056 sqft
Lot size
6,098 sqft
ZIP code
56007
City
Albert Lea
Street
3rd Ave
Coordinates
43.65013, -93.38282
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,584
Gross rental yield
13.59%
Implied cap rate
8.83%
Trend-extrapolated value
—
Frequently asked questions
When did 109 3rd Ave last sell?
109 3rd Ave most recently sold on Dec 17, 2021 for $139,900.
What is the current tax assessment for 109 3rd Ave?
The most recent total assessment for 109 3rd Ave (year 2020) is $56,100 with $1,114 in property tax.
How does 109 3rd Ave's assessment compare to its last sale price?
The current assessment is 59.9% below the last sale price of $139,900.
When was 109 3rd Ave built?
109 3rd Ave was built in 1941.
How does 109 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 109 3rd Ave?
109 3rd Ave is a 3 bed, 1 bath, 1,056 sqft, 6,098 sqft lot single_family.
Is 109 3rd Ave a flip candidate?
No — 109 3rd Ave does not appear in our flips dataset.
Is 109 3rd Ave a tax-appeal candidate?
No — 109 3rd 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
+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 3rd Ave