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727 Broadway Ave

Albert Lea, MN 56007

2 bd 2 ba 1,120 sqft Built 1890 Lot 5,227 sqft single_family
Most recent sale
$37,000
Nov 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 18, 2025 Sold $87,000 NorthstarMLS
Oct 14, 2024 Price changed $90,000 NorthstarMLS
Sep 12, 2024 Price changed $99,900 NorthstarMLS
Sep 7, 2024 Price changed $109,500 NorthstarMLS
Sep 3, 2024 Listed $119,900 NorthstarMLS
Jul 5, 2024 Relisted $98,000 NorthstarMLS
Jun 11, 2024 Listed $98,000 NorthstarMLS
Nov 22, 2023 Sold $37,000 NorthstarMLS
Nov 3, 2023 Listed $37,500 NorthstarMLS
Sep 5, 2012 Sold $14,495 Southeastminnesota
Jun 12, 2012 Listing removed $14,495 GreaterLakes
May 1, 2012 Listed $14,495 Southeastminnesota
Apr 27, 2012 Listed $14,495 GreaterLakes
Oct 8, 2009 Sold $50,000 Public Record
Nov 1, 2008 Listing removed $49,900 Southeastminnesota
Mar 24, 2008 Listed $49,900 Southeastminnesota

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $19,600 $13,500 $33,100 $576
2023 $17,100 $13,500 $30,600 $520
2022 $14,700 $13,500 $28,200 $684
2021 $14,800 $9,500 $24,300 $622
2020 $13,500 $9,500 $23,000 $810
2019 $11,700 $8,100 $19,800 $748
2018 $11,100 $8,100 $19,200 $750
2017 $11,700 $5,400 $17,100 $716
2016 $19,500 $5,400 $24,900 $702
2015 $19,500 $5,400 $24,900 $434
2014 $19,500 $5,400 $24,900 $436
2013 $11,669 $3,231 $14,900 $328
2012 $8,013 $3,887 $11,900 $386
2011 $15,200 $6,500 $21,700 $270
2009 $17,700 $24,200 $404
2007 $16,800 $7,000 $23,800 $446

Property facts

Year built
1890
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,120 sqft
Lot size
5,227 sqft
ZIP code
56007
City
Albert Lea
Street
Broadway Ave
Coordinates
43.64320, -93.36835

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$222
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 727 Broadway Ave last sell?
727 Broadway Ave most recently sold on Nov 22, 2023 for $37,000.
What is the current tax assessment for 727 Broadway Ave?
The most recent total assessment for 727 Broadway Ave (year 2025) is $33,100 with $576 in property tax.
How does 727 Broadway Ave's assessment compare to its last sale price?
The current assessment is 10.5% below the last sale price of $37,000.
When was 727 Broadway Ave built?
727 Broadway Ave was built in 1890.
How does 727 Broadway Ave compare to others on Broadway Ave?
We track 8 other properties on Broadway Ave. Browse the list under "Other properties on Broadway Ave" to compare beds, baths, and sale history.
What are the property facts for 727 Broadway Ave?
727 Broadway Ave is a 2 bed, 2 bath, 1,120 sqft, 5,227 sqft lot single_family.
Is 727 Broadway Ave a flip candidate?
Yes — 727 Broadway Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 727 Broadway Ave a tax-appeal candidate?
No — 727 Broadway Ave 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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