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421 4th St

Albert Lea, MN 56007

4 bd 3 ba 2,382 sqft Built 1905 Lot 9,714 sqft single_family
Most recent sale
$53,281
Feb 6, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2025 Sold $240,000 NorthstarMLS
Jan 31, 2025 Listed $224,900 NorthstarMLS
Jun 10, 2024 Sold $86,000 NorthstarMLS
Apr 24, 2024 Sold $86,000 Public Record
Mar 20, 2024 Listed $84,900 NorthstarMLS
Feb 6, 2024 Sold $53,281 Public Record
Aug 5, 2023 Listing removed NorthstarMLS
Jul 21, 2023 Listed $75,000 NorthstarMLS
Aug 11, 2020 Listing removed $86,900 NorthstarMLS
Jul 10, 2020 Price changed $86,900 NorthstarMLS
May 19, 2020 Price changed $87,900 NorthstarMLS
Nov 26, 2019 Price changed $90,000 NorthstarMLS
Oct 10, 2019 Listed $100,000 NorthstarMLS
May 29, 2015 Sold $75,000 Southeastminnesota
Jan 1, 2015 Sold $75,000 Public Record
Nov 20, 2014 Price changed $69,900 Southeastminnesota
Sep 23, 2014 Listed $79,900 Southeastminnesota
Apr 29, 2011 Sold $51,900 Southeastminnesota
Mar 16, 2011 Sold $51,900 Public Record
Feb 14, 2011 Price changed $54,900 Southeastminnesota
Jan 19, 2011 Listed $61,500 Southeastminnesota

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $110,400 $19,100 $129,500 $2,058
2022 $71,800 $1,380
2021 $62,400 $1,228
2020 $56,000 $1,112
2019 $44,300 $888
2018 $35,460 $6,840 $42,300 $856
2017 $37,680 $5,820 $43,500 $828
2016 $43,563 $6,037 $49,600 $1,688
2015 $43,937 $6,063 $50,000 $1,404
2014 $44,701 $6,099 $50,800 $1,450
2013 $45,650 $6,150 $51,800 $1,596
2012 $64,340 $8,060 $72,400 $1,964
2011 $98,900 $11,200 $110,100 $1,500
2009 $113,100 $124,300 $1,834
2007 $98,900 $12,000 $110,900 $1,582

Property facts

Year built
1905
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,382 sqft
Lot size
9,714 sqft
ZIP code
56007
City
Albert Lea
Street
4th St
Coordinates
43.64078, -93.36263

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$320
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 421 4th St last sell?
421 4th St most recently sold on Feb 6, 2024 for $53,281.
What is the current tax assessment for 421 4th St?
The most recent total assessment for 421 4th St (year 2025) is $129,500 with $2,058 in property tax.
How does 421 4th St's assessment compare to its last sale price?
The current assessment is 143.1% above the last sale price of $53,281.
When was 421 4th St built?
421 4th St was built in 1905.
How does 421 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 421 4th St?
421 4th St is a 4 bed, 3 bath, 2,382 sqft, 9,714 sqft lot single_family.
Is 421 4th St a flip candidate?
Yes — 421 4th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 421 4th St a tax-appeal candidate?
Yes — 421 4th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.8%
Implied 1-yr
+31.4%
2026 Q3
$264K
2026 Q4
$277.7K
ZIP 56007 — Median Price History + Forecast

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