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20537 720th Ave

Albert Lea, MN 56007

2 bd 2 ba 2,012 sqft Built 1984 Lot 419,918 sqft single_family
Most recent sale
$230,000
Dec 29, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2023 Sold $230,000 NorthstarMLS
Oct 2, 2023 Listed $265,900 NorthstarMLS
Jul 23, 2014 Sold $103,243 Public Record
Feb 4, 1999 Sold $121,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $218,800 $2,834
2021 $214,500 $2,828
2020 $201,000 $2,650
2019 $202,200 $2,554
2018 $125,004 $43,096 $168,100 $2,134
2017 $125,273 $43,127 $168,400 $1,960
2016 $119,949 $42,851 $162,800 $1,872
2015 $121,575 $42,925 $164,500 $1,808
2014 $123,278 $43,022 $166,300 $1,858
2013 $124,810 $43,090 $167,900 $2,232
2012 $124,810 $43,090 $167,900 $2,262
2011 $147,300 $49,000 $196,300 $2,226
2009 $147,300 $196,300 $2,236
2007 $133,900 $43,000 $176,900 $1,784

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,012 sqft
Lot size
419,918 sqft
ZIP code
56007
City
Albert Lea
Street
720th Ave
Coordinates
43.65116, -93.43057

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 20537 720th Ave last sell?
20537 720th Ave most recently sold on Dec 29, 2023 for $230,000.
What is the current tax assessment for 20537 720th Ave?
The most recent total assessment for 20537 720th Ave (year 2022) is $218,800 with $2,834 in property tax.
How does 20537 720th Ave's assessment compare to its last sale price?
The current assessment is 4.9% below the last sale price of $230,000.
When was 20537 720th Ave built?
20537 720th Ave was built in 1984.
How does 20537 720th Ave compare to others on 720th Ave?
We track 8 other properties on 720th Ave. Browse the list under "Other properties on 720th Ave" to compare beds, baths, and sale history.
What are the property facts for 20537 720th Ave?
20537 720th Ave is a 2 bed, 2 bath, 2,012 sqft, 419,918 sqft lot single_family.
Is 20537 720th Ave a flip candidate?
No — 20537 720th Ave does not appear in our flips dataset.
Is 20537 720th Ave a tax-appeal candidate?
No — 20537 720th 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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