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720 Alcove St

Albert Lea, MN 56007

4 bd 2 ba 1,920 sqft Built 1969 Lot 4,966 sqft single_family
Most recent sale
$200,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $200,000 MLS #6202762
Jun 9, 2022 Price changed $210,000 MLS #6202762
May 26, 2022 Listed $225,000 MLS #6202762
Mar 10, 2022 Relisted $224,900 MLS #6160387
Mar 5, 2022 Listed $224,900 MLS #6160387
Feb 26, 2022 Price changed $233,900 MLS #6145878
Feb 2, 2022 Listed $240,000 MLS #6145878
Aug 13, 2021 Sold $75,000 MLS #6070330
Jul 27, 2021 Listed $75,000 MLS #6070330

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $102,500 $1,716
2023 $71,100 $1,184
2022 $64,700 $6,300 $71,000 $1,428
2021 $41,500 $854
2020 $41,500 $786
2019 $38,100 $710
2018 $35,000 $616
2017 $27,660 $2,340 $30,000 $616
2016 $28,175 $3,725 $31,900 $524
2015 $23,186 $3,714 $26,900 $646
2014 $23,580 $3,720 $27,300 $664
2013 $23,975 $3,725 $27,700 $852
2012 $30,282 $3,718 $34,000 $934
2011 $33,702 $4,798 $38,500 $964
2009 $59,100 $8,000 $67,100 $802
2008 $59,100 $67,100 $752
2007 $56,300 $7,600 $63,900 $674

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,920 sqft
Lot size
4,966 sqft
ZIP code
56007
City
Albert Lea
Street
Alcove St
Coordinates
43.64335, -93.37768

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
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 720 Alcove St last sell?
720 Alcove St most recently sold on Jun 30, 2022 for $200,000.
What is the current tax assessment for 720 Alcove St?
The most recent total assessment for 720 Alcove St (year 2025) is $102,500 with $1,716 in property tax.
How does 720 Alcove St's assessment compare to its last sale price?
The current assessment is 48.8% below the last sale price of $200,000.
When was 720 Alcove St built?
720 Alcove St was built in 1969.
How does 720 Alcove St compare to others on Alcove St?
We track 8 other properties on Alcove St. Browse the list under "Other properties on Alcove St" to compare beds, baths, and sale history.
What are the property facts for 720 Alcove St?
720 Alcove St is a 4 bed, 2 bath, 1,920 sqft, 4,966 sqft lot single_family.
Is 720 Alcove St a flip candidate?
Yes — 720 Alcove St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 720 Alcove St a tax-appeal candidate?
No — 720 Alcove 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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