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1517 Bay Oaks Dr

Albert Lea, MN 56007

3 bd 4 ba 4,176 sqft Built 2004 Lot 33,149 sqft single_family
Most recent sale
$530,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $530,000 MLS #6127800
Jul 28, 2022 Price changed $569,900 MLS #6127800
Jul 9, 2022 Price changed $574,900 MLS #6127800
Nov 23, 2021 Listed $599,900 MLS #6127800
Oct 18, 2021 Listing removed $639,900 NorthstarMLS
Jul 24, 2021 Price changed $639,900 MLS #5742399
Apr 22, 2021 Listed $669,900 MLS #5742399
Mar 5, 2004 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $509,500 $48,200 $557,700 $9,890
2023 $462,300 $48,200 $510,500 $8,864
2022 $386,300 $48,200 $434,500 $8,876
2021 $390,700 $47,700 $438,400 $9,068
2020 $390,700 $47,700 $438,400 $8,890
2019 $380,000 $47,700 $427,700 $9,010
2018 $386,000 $44,500 $430,500 $7,524
2017 $374,899 $44,501 $419,400 $6,942
2016 $378,900 $32,000 $410,900 $6,634
2015 $361,000 $32,000 $393,000 $6,168
2014 $346,059 $31,941 $378,000 $5,746
2013 $318,772 $31,728 $350,500 $6,402
2012 $321,152 $31,748 $352,900 $5,046
2011 $248,950 $31,750 $280,700 $4,596
2009 $301,600 $32,700 $334,300 $5,682
2008 $301,600 $32,700 $334,300 $5,030
2007 $287,200 $31,200 $318,400 $5,052

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
4,176 sqft
Lot size
33,149 sqft
ZIP code
56007
City
Albert Lea
Street
Bay Oaks Dr
Coordinates
43.66395, -93.39545

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
$6,264
Gross rental yield
14.18%
Implied cap rate
9.22%
Trend-extrapolated value

Frequently asked questions

When did 1517 Bay Oaks Dr last sell?
1517 Bay Oaks Dr most recently sold on Sep 2, 2022 for $530,000.
What is the current tax assessment for 1517 Bay Oaks Dr?
The most recent total assessment for 1517 Bay Oaks Dr (year 2025) is $557,700 with $9,890 in property tax.
How does 1517 Bay Oaks Dr's assessment compare to its last sale price?
The current assessment is 5.2% above the last sale price of $530,000.
When was 1517 Bay Oaks Dr built?
1517 Bay Oaks Dr was built in 2004.
How does 1517 Bay Oaks Dr compare to others on Bay Oaks Dr?
We track 8 other properties on Bay Oaks Dr. Browse the list under "Other properties on Bay Oaks Dr" to compare beds, baths, and sale history.
What are the property facts for 1517 Bay Oaks Dr?
1517 Bay Oaks Dr is a 3 bed, 4 bath, 4,176 sqft, 33,149 sqft lot single_family.
Is 1517 Bay Oaks Dr a flip candidate?
No — 1517 Bay Oaks Dr does not appear in our flips dataset.
Is 1517 Bay Oaks Dr a tax-appeal candidate?
No — 1517 Bay Oaks Dr 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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