401 Adams Ave
Albert Lea, MN 56007
3 bd 1 ba 1,203 sqft Built 1890 Lot 2,570 sqft single_family
Most recent sale
$143,000
Mar 26, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 26, 2024 | Sold | $143,000 | NorthstarMLS |
| Feb 6, 2024 | Listed | $140,000 | NorthstarMLS |
| Dec 19, 2023 | Listing removed | — | NorthstarMLS |
| Oct 17, 2023 | Price changed | $139,900 | NorthstarMLS |
| Sep 22, 2023 | Listed | $149,900 | NorthstarMLS |
| Feb 28, 2023 | Sold | $37,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $31,700 | $3,200 | $34,900 | $586 |
| 2022 | $33,600 | $3,200 | $36,800 | $700 |
| 2021 | $30,200 | $3,200 | $33,400 | $646 |
| 2020 | $30,200 | $3,200 | $33,400 | $644 |
| 2019 | $62,900 | $2,900 | $65,800 | $1,196 |
| 2018 | $55,500 | $2,900 | $58,400 | $1,076 |
| 2017 | $55,500 | $2,500 | $58,000 | $1,008 |
| 2016 | $38,300 | $2,500 | $40,800 | $716 |
| 2015 | $38,300 | $2,500 | $40,800 | $692 |
| 2014 | $38,300 | $2,500 | $40,800 | $694 |
| 2013 | $48,000 | $2,500 | $50,500 | $940 |
| 2012 | $53,100 | $3,700 | $56,800 | $1,040 |
| 2011 | $55,300 | $3,700 | $59,000 | $944 |
| 2009 | $56,700 | — | $60,400 | $966 |
| 2007 | $14,700 | $3,700 | $18,400 | $218 |
Property facts
Year built
1890
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,203 sqft
Lot size
2,570 sqft
ZIP code
56007
City
Albert Lea
Street
Adams Ave
Coordinates
43.64646, -93.37502
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$858
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 401 Adams Ave last sell?
401 Adams Ave most recently sold on Mar 26, 2024 for $143,000.
What is the current tax assessment for 401 Adams Ave?
The most recent total assessment for 401 Adams Ave (year 2023) is $34,900 with $586 in property tax.
How does 401 Adams Ave's assessment compare to its last sale price?
The current assessment is 75.6% below the last sale price of $143,000.
When was 401 Adams Ave built?
401 Adams Ave was built in 1890.
How does 401 Adams Ave compare to others on Adams Ave?
We track 7 other properties on Adams Ave. Browse the list under "Other properties on Adams Ave" to compare beds, baths, and sale history.
What are the property facts for 401 Adams Ave?
401 Adams Ave is a 3 bed, 1 bath, 1,203 sqft, 2,570 sqft lot single_family.
Is 401 Adams Ave a flip candidate?
Yes — 401 Adams Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 401 Adams Ave a tax-appeal candidate?
No — 401 Adams Ave 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 Adams Ave