518 4th St
Albert Lea, MN 56007
4 bd 3 ba 2,180 sqft Built 1919 Lot 8,712 sqft single_family
Most recent sale
$79,900
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2023 | Sold | $205,000 | NorthstarMLS |
| Jun 15, 2022 | Sold | $79,900 | MLS #6168987 |
| Mar 24, 2022 | Listed | $79,900 | MLS #6168987 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $174,700 | $2,812 |
| 2023 | $88,400 | $16,500 | $104,900 | $1,706 |
| 2022 | $76,300 | $16,500 | $92,800 | $2,082 |
| 2021 | $73,200 | $11,600 | $84,800 | $2,890 |
| 2020 | $73,200 | $11,600 | $84,800 | $1,866 |
| 2019 | $67,100 | $11,600 | $78,700 | $1,666 |
| 2018 | $58,000 | $9,900 | $67,900 | $1,634 |
| 2017 | $54,900 | $9,900 | $64,800 | $1,738 |
| 2016 | $58,000 | $8,700 | $66,700 | $1,152 |
| 2015 | $58,000 | $8,700 | $66,700 | $1,112 |
| 2014 | $58,000 | $8,700 | $66,700 | $748 |
| 2013 | $34,783 | $5,217 | $40,000 | $830 |
| 2012 | $34,783 | $5,217 | $40,000 | $796 |
| 2011 | $32,794 | $6,306 | $39,100 | $816 |
| 2009 | $60,600 | $10,500 | $71,100 | $968 |
| 2008 | $69,400 | $10,500 | $79,900 | $1,164 |
| 2007 | $71,600 | $11,300 | $82,900 | $908 |
Property facts
Year built
1919
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,180 sqft
Lot size
8,712 sqft
ZIP code
56007
City
Albert Lea
Street
4th St
Coordinates
43.64025, -93.36111
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$479
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 518 4th St last sell?
518 4th St most recently sold on Jun 15, 2022 for $79,900.
What is the current tax assessment for 518 4th St?
The most recent total assessment for 518 4th St (year 2025) is $174,700 with $2,812 in property tax.
How does 518 4th St's assessment compare to its last sale price?
The current assessment is 118.6% above the last sale price of $79,900.
When was 518 4th St built?
518 4th St was built in 1919.
How does 518 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 518 4th St?
518 4th St is a 4 bed, 3 bath, 2,180 sqft, 8,712 sqft lot single_family.
Is 518 4th St a flip candidate?
Yes — 518 4th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 518 4th St a tax-appeal candidate?
No — 518 4th St 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 4th St