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113 7th Ave

Albert Lea, MN 56007

3 bd 1 ba 912 sqft Built 1969 Lot 4,835 sqft single_family
Most recent sale
$90,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $90,000 MLS #6145502
Jan 26, 2022 Listed $94,900 MLS #6145502

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $86,000 $6,600 $92,600 $1,492
2023 $61,900 $1,048
2022 $36,400 $750
2021 $40,400 $834
2020 $40,400 $858
2019 $41,800 $800
2018 $39,700 $818
2017 $36,582 $3,718 $40,300 $726
2016 $33,515 $4,385 $37,900 $622
2015 $27,925 $4,375 $32,300 $556
2014 $25,226 $4,374 $29,600 $598
2013 $27,223 $4,377 $31,600 $872
2012 $37,722 $4,378 $42,100 $678
2011 $28,800 $4,200 $33,000 $694
2009 $48,000 $7,000 $55,000 $760
2008 $56,500 $63,500 $712
2007 $56,500 $7,000 $63,500 $718

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
912 sqft
Lot size
4,835 sqft
ZIP code
56007
City
Albert Lea
Street
7th Ave
Coordinates
43.64909, -93.38708

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
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 113 7th Ave last sell?
113 7th Ave most recently sold on Apr 28, 2022 for $90,000.
What is the current tax assessment for 113 7th Ave?
The most recent total assessment for 113 7th Ave (year 2025) is $92,600 with $1,492 in property tax.
How does 113 7th Ave's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $90,000.
When was 113 7th Ave built?
113 7th Ave was built in 1969.
How does 113 7th Ave compare to others on 7th Ave?
We track 6 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 113 7th Ave?
113 7th Ave is a 3 bed, 1 bath, 912 sqft, 4,835 sqft lot single_family.
Is 113 7th Ave a flip candidate?
No — 113 7th Ave does not appear in our flips dataset.
Is 113 7th Ave a tax-appeal candidate?
No — 113 7th 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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