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820 3rd Ave

Albert Lea, MN 56007

1 bd 1 ba 1,140 sqft Built 1950 Lot 9,017 sqft single_family
Most recent sale
$31,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $31,000 MLS #6206025
Jun 3, 2022 Listed $35,000 MLS #6206025
Apr 13, 2022 Sold $29,500 MLS #6161432
Mar 9, 2022 Listed $34,900 MLS #6161432
Aug 8, 2016 Sold $110,000 MLS #4073659
Aug 5, 2016 Listed $15,000 MLS #4073659
Jan 1, 2016 Sold $485,000 Public Record
Jun 13, 2011 Listing removed $25,000 NorthstarMLS
Oct 8, 2009 Listing removed $25,000 Southeastminnesota
Apr 20, 2009 Listed $25,000 MLS #4011116
Apr 10, 2009 Listed $25,000 MLS #3670299
Mar 8, 2005 Sold $22,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $29,700 $13,100 $42,800 $704
2022 $21,600 $13,100 $34,700 $746
2021 $20,600 $13,100 $33,700 $652
2020 $20,600 $13,100 $33,700 $898
2019 $12,900 $13,100 $26,000 $470
2018 $12,200 $12,300 $24,500 $446
2017 $10,900 $12,300 $23,200 $412
2016 $11,300 $11,300 $22,600 $424
2015 $12,100 $11,300 $23,400 $928
2014 $15,500 $11,300 $26,800 $954
2013 $15,800 $11,300 $27,100 $1,046
2012 $17,100 $11,300 $28,400 $1,014
2011 $12,300 $13,600 $25,900 $1,010
2009 $12,900 $13,600 $26,500 $438
2008 $12,900 $26,500 $404
2007 $12,300 $12,900 $25,200 $368

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
1,140 sqft
Lot size
9,017 sqft
ZIP code
56007
City
Albert Lea
Street
3rd Ave
Coordinates
43.64237, -93.38125

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
$186
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 820 3rd Ave last sell?
820 3rd Ave most recently sold on Jun 29, 2022 for $31,000.
What is the current tax assessment for 820 3rd Ave?
The most recent total assessment for 820 3rd Ave (year 2023) is $42,800 with $704 in property tax.
How does 820 3rd Ave's assessment compare to its last sale price?
The current assessment is 38.1% above the last sale price of $31,000.
When was 820 3rd Ave built?
820 3rd Ave was built in 1950.
How does 820 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 820 3rd Ave?
820 3rd Ave is a 1 bed, 1 bath, 1,140 sqft, 9,017 sqft lot single_family.
Is 820 3rd Ave a flip candidate?
No — 820 3rd Ave does not appear in our flips dataset.
Is 820 3rd Ave a tax-appeal candidate?
No — 820 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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