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110 3rd Ave

Albert Lea, MN 56007

3 bd 2 ba 1,350 sqft Built 1913 Lot 6,098 sqft multi_family
Most recent sale
$58,500
Mar 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2024 Sold $149,900 NorthstarMLS
Oct 9, 2023 Price changed $149,900 NorthstarMLS
Sep 26, 2023 Price changed $159,900 NorthstarMLS
Sep 14, 2023 Price changed $164,900 NorthstarMLS
Sep 11, 2023 Price changed $169,903 NorthstarMLS
Aug 18, 2023 Listed $174,999 NorthstarMLS
Mar 9, 2021 Sold $58,500 NorthstarMLS
Feb 2, 2021 Listed $59,900 NorthstarMLS
Oct 3, 2008 Listing removed $49,900 Southeastminnesota
Mar 23, 2007 Listed $49,900 Southeastminnesota
Aug 23, 2006 Listing removed $59,900 Southeastminnesota
Feb 28, 2006 Listed $59,900 Southeastminnesota
Oct 1, 2005 Listing removed $59,900 Southeastminnesota
Apr 5, 2005 Listed $59,900 Southeastminnesota
Jul 12, 2000 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $23,600 $558
2021 $26,100 $10,300 $36,400 $892
2020 $35,400 $8,800 $44,200 $1,058
2019 $29,200 $7,400 $36,600 $860
2018 $29,200 $7,400 $36,600 $860
2017 $24,600 $9,200 $33,800 $756
2016 $28,800 $9,200 $38,000 $838
2015 $30,700 $9,200 $39,900 $846
2014 $32,700 $9,200 $41,900 $888
2013 $36,700 $9,200 $45,900 $1,062
2012 $30,200 $8,700 $38,900 $896
2011 $30,200 $8,700 $38,900 $814
2009 $30,200 $38,900 $784
2007 $28,800 $8,300 $37,100 $688

Property facts

Year built
1913
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,350 sqft
Lot size
6,098 sqft
ZIP code
56007
City
Albert Lea
Street
3rd Ave
Coordinates
43.65024, -93.38211

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
$351
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 110 3rd Ave last sell?
110 3rd Ave most recently sold on Mar 9, 2021 for $58,500.
What is the current tax assessment for 110 3rd Ave?
The most recent total assessment for 110 3rd Ave (year 2022) is $23,600 with $558 in property tax.
How does 110 3rd Ave's assessment compare to its last sale price?
The current assessment is 59.7% below the last sale price of $58,500.
When was 110 3rd Ave built?
110 3rd Ave was built in 1913.
How does 110 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 110 3rd Ave?
110 3rd Ave is a 3 bed, 2 bath, 1,350 sqft, 6,098 sqft lot multi_family.
Is 110 3rd Ave a flip candidate?
No — 110 3rd Ave does not appear in our flips dataset.
Is 110 3rd Ave a tax-appeal candidate?
No — 110 3rd Ave 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
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$243.6K
2026 Q4
$249.7K
ZIP 56007 — Median Price History + Forecast

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