Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 36M+ properties All 50 states Methodology

608 5th St

Albert Lea, MN 56007

4 bd 2 ba 2,117 sqft Built 1912 Lot 8,712 sqft single_family
Most recent sale
$93,500
Feb 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2022 Sold $93,500 MLS #6119221
Jan 7, 2022 Price changed $109,900 MLS #6119221
Dec 1, 2021 Price changed $114,900 MLS #6119221
Oct 25, 2021 Listed $119,900 MLS #6119221
May 18, 2020 Sold $31,250 MLS #5540909
Mar 22, 2020 Listed $25,000 MLS #5540909
Jun 19, 2012 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $100,200 $16,500 $116,700 $3,076
2023 $87,500 $16,500 $104,000 $1,616
2022 $20,500 $16,500 $37,000 $704
2021 $31,700 $11,600 $43,300 $822
2020 $24,400 $1,332
2019 $21,000 $442
2018 $14,266 $5,934 $20,200 $426
2017 $15,075 $5,225 $20,300 $404
2016 $18,389 $5,211 $23,600 $464
2015 $18,389 $5,211 $23,600 $450
2014 $18,389 $5,211 $23,600 $454
2013 $18,571 $5,229 $23,800 $506
2012 $21,000 $6,300 $27,300 $566
2011 $39,000 $10,500 $49,500 $580
2009 $44,800 $55,300 $666
2007 $43,400 $11,300 $54,700 $586

Property facts

Year built
1912
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,117 sqft
Lot size
8,712 sqft
ZIP code
56007
City
Albert Lea
Street
5th St
Coordinates
43.63880, -93.35986

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
$561
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 608 5th St last sell?
608 5th St most recently sold on Feb 22, 2022 for $93,500.
What is the current tax assessment for 608 5th St?
The most recent total assessment for 608 5th St (year 2025) is $116,700 with $3,076 in property tax.
How does 608 5th St's assessment compare to its last sale price?
The current assessment is 24.8% above the last sale price of $93,500.
When was 608 5th St built?
608 5th St was built in 1912.
How does 608 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 608 5th St?
608 5th St is a 4 bed, 2 bath, 2,117 sqft, 8,712 sqft lot single_family.
Is 608 5th St a flip candidate?
Yes — 608 5th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 608 5th St a tax-appeal candidate?
No — 608 5th St 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

Explore nearby