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722 Alcove St

Albert Lea, MN 56007

2 bd 1 ba 616 sqft Built 1927 Lot 4,922 sqft single_family
Most recent sale
$69,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2024 Sold $69,000 NorthstarMLS
Mar 8, 2024 Listed $69,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $26,100 $552
2021 $25,200 $540
2020 $22,200 $480
2019 $21,500 $450
2018 $16,355 $2,345 $18,700 $396
2017 $16,287 $3,713 $20,000 $398
2016 $14,084 $3,716 $17,800 $356
2015 $14,176 $3,724 $17,900 $348
2014 $13,471 $3,729 $17,200 $338
2013 $14,072 $3,728 $17,800 $386
2012 $20,492 $4,808 $25,300 $526
2011 $35,900 $8,000 $43,900 $538
2009 $35,900 $43,900 $534
2007 $34,200 $7,600 $41,800 $446

Property facts

Year built
1927
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
616 sqft
Lot size
4,922 sqft
ZIP code
56007
City
Albert Lea
Street
Alcove St
Coordinates
43.64335, -93.37783

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
$414
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 722 Alcove St last sell?
722 Alcove St most recently sold on Apr 8, 2024 for $69,000.
What is the current tax assessment for 722 Alcove St?
The most recent total assessment for 722 Alcove St (year 2022) is $26,100 with $552 in property tax.
How does 722 Alcove St's assessment compare to its last sale price?
The current assessment is 62.2% below the last sale price of $69,000.
When was 722 Alcove St built?
722 Alcove St was built in 1927.
How does 722 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 722 Alcove St?
722 Alcove St is a 2 bed, 1 bath, 616 sqft, 4,922 sqft lot single_family.
Is 722 Alcove St a flip candidate?
No — 722 Alcove St does not appear in our flips dataset.
Is 722 Alcove St a tax-appeal candidate?
No — 722 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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