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317 8th St

Albert Lea, MN 56007

2 bd 1 ba 624 sqft Built 1930 Lot 7,667 sqft single_family
Most recent sale
$40,000
Nov 11, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2026 Listed for rent $950 AppfolioUnits
May 2, 2024 Listed for rent $900 AppfolioUnits
Jan 21, 2022 Listed for rent $825 AppfolioUnits
Nov 11, 2021 Sold $40,000 MLS #6075798
Sep 30, 2021 Price changed $55,900 MLS #6075798
Aug 21, 2021 Price changed $59,900 MLS #6075798
Aug 4, 2021 Listed $64,900 MLS #6075798
Sep 18, 2008 Sold $17,000 MLS #4003345
May 2, 2008 Listed $23,900 MLS #4003345

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $29,000 $13,800 $42,800 $726
2023 $25,200 $13,800 $39,000 $646
2020 $12,100 $276
2019 $11,600 $230
2018 $10,000 $222
2017 $4,810 $4,990 $9,800 $202
2016 $5,040 $4,260 $9,300 $420
2015 $7,440 $4,260 $11,700 $422
2014 $7,440 $4,260 $11,700 $436
2013 $7,654 $4,246 $11,900 $470
2012 $7,740 $4,260 $12,000 $522
2011 $9,107 $5,093 $14,200 $316
2009 $17,000 $8,500 $25,500 $360
2008 $19,700 $28,900 $350
2007 $17,100 $10,000 $27,100 $300

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
624 sqft
Lot size
7,667 sqft
ZIP code
56007
City
Albert Lea
Street
8th St
Coordinates
43.63541, -93.36456

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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 317 8th St last sell?
317 8th St most recently sold on Nov 11, 2021 for $40,000.
What is the current tax assessment for 317 8th St?
The most recent total assessment for 317 8th St (year 2025) is $42,800 with $726 in property tax.
How does 317 8th St's assessment compare to its last sale price?
The current assessment is 7.0% above the last sale price of $40,000.
When was 317 8th St built?
317 8th St was built in 1930.
How does 317 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 317 8th St?
317 8th St is a 2 bed, 1 bath, 624 sqft, 7,667 sqft lot single_family.
Is 317 8th St a flip candidate?
No — 317 8th St does not appear in our flips dataset.
Is 317 8th St a tax-appeal candidate?
No — 317 8th 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

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