217 3rd Ave
Albert Lea, MN 56007
3 bd 3 ba 1,353 sqft Built 1918 Lot 6,098 sqft single_family
Most recent sale
$53,250
Feb 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 11, 2024 | Sold | $163,000 | NorthstarMLS |
| May 10, 2024 | Listed | $159,900 | NorthstarMLS |
| Feb 4, 2022 | Sold | $53,250 | Public Record |
| Jun 21, 2016 | Sold | $87,900 | Southeastminnesota |
| Apr 19, 2016 | Listed | $87,900 | Southeastminnesota |
| Jan 1, 2016 | Sold | $87,900 | Public Record |
| Jun 13, 2011 | Listing removed | $79,900 | NorthstarMLS |
| Feb 28, 2011 | Sold | $72,000 | Southeastminnesota |
| Oct 11, 2010 | Listed | $79,900 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $54,000 | $10,300 | $64,300 | $1,024 |
| 2022 | $39,600 | $10,300 | $49,900 | $2,562 |
| 2021 | — | — | $28,900 | $610 |
| 2020 | — | — | $44,900 | $918 |
| 2019 | — | — | $37,200 | $752 |
| 2018 | $32,760 | $4,440 | $37,200 | $756 |
| 2017 | $27,273 | $5,527 | $32,800 | $632 |
| 2016 | $25,576 | $5,524 | $31,100 | $600 |
| 2015 | $27,273 | $5,527 | $32,800 | $612 |
| 2014 | $28,886 | $5,514 | $34,400 | $648 |
| 2013 | $32,383 | $5,517 | $37,900 | $788 |
| 2012 | $59,457 | $6,043 | $65,500 | $1,274 |
| 2011 | $85,600 | $8,700 | $94,300 | $1,260 |
| 2009 | $85,600 | — | $94,300 | $1,206 |
| 2007 | $81,500 | $8,300 | $89,800 | $924 |
Property facts
Year built
1918
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,353 sqft
Lot size
6,098 sqft
ZIP code
56007
City
Albert Lea
Street
3rd Ave
Coordinates
43.65095, -93.38284
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
$320
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value
—
Frequently asked questions
When did 217 3rd Ave last sell?
217 3rd Ave most recently sold on Feb 4, 2022 for $53,250.
What is the current tax assessment for 217 3rd Ave?
The most recent total assessment for 217 3rd Ave (year 2023) is $64,300 with $1,024 in property tax.
How does 217 3rd Ave's assessment compare to its last sale price?
The current assessment is 20.8% above the last sale price of $53,250.
When was 217 3rd Ave built?
217 3rd Ave was built in 1918.
How does 217 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 217 3rd Ave?
217 3rd Ave is a 3 bed, 3 bath, 1,353 sqft, 6,098 sqft lot single_family.
Is 217 3rd Ave a flip candidate?
No — 217 3rd Ave does not appear in our flips dataset.
Is 217 3rd Ave a tax-appeal candidate?
No — 217 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