305 Channel Rd
Albert Lea, MN 56007
3 bd 2 ba 1,559 sqft Built 1966 Lot 14,262 sqft single_family
Most recent sale
$194,500
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $194,500 | MLS #6088564 |
| Oct 6, 2021 | Price changed | $194,900 | MLS #6088564 |
| Aug 24, 2021 | Listed | $209,900 | MLS #6088564 |
| Jul 25, 2008 | Sold | $154,500 | MLS #4003502 |
| May 8, 2008 | Listed | $179,900 | MLS #4003502 |
| Oct 31, 1996 | Sold | $106,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $198,500 | $3,174 |
| 2023 | — | — | $196,700 | $3,038 |
| 2022 | — | — | $146,100 | $2,672 |
| 2021 | — | — | $146,100 | $2,698 |
| 2020 | — | — | $142,600 | $2,628 |
| 2019 | — | — | $134,500 | $2,460 |
| 2018 | $98,032 | $20,568 | $118,600 | $2,210 |
| 2017 | $100,056 | $20,744 | $120,800 | $2,118 |
| 2016 | $96,024 | $20,576 | $116,600 | $2,046 |
| 2015 | $91,919 | $20,381 | $112,300 | $1,910 |
| 2014 | $90,387 | $20,313 | $110,700 | $1,896 |
| 2013 | $92,112 | $20,388 | $112,500 | $2,132 |
| 2012 | $104,200 | $19,700 | $123,900 | $2,300 |
| 2011 | $146,200 | $23,500 | $169,700 | $2,168 |
| 2009 | $146,200 | — | $169,700 | $2,446 |
| 2007 | $139,200 | $22,300 | $161,500 | $1,976 |
Property facts
Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,559 sqft
Lot size
14,262 sqft
ZIP code
56007
City
Albert Lea
Street
Channel Rd
Coordinates
43.66208, -93.37615
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,167
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 305 Channel Rd last sell?
305 Channel Rd most recently sold on May 20, 2022 for $194,500.
What is the current tax assessment for 305 Channel Rd?
The most recent total assessment for 305 Channel Rd (year 2025) is $198,500 with $3,174 in property tax.
How does 305 Channel Rd's assessment compare to its last sale price?
The current assessment is 2.1% above the last sale price of $194,500.
When was 305 Channel Rd built?
305 Channel Rd was built in 1966.
How does 305 Channel Rd compare to others on Channel Rd?
We track 2 other properties on Channel Rd. Browse the list under "Other properties on Channel Rd" to compare beds, baths, and sale history.
What are the property facts for 305 Channel Rd?
305 Channel Rd is a 3 bed, 2 bath, 1,559 sqft, 14,262 sqft lot single_family.
Is 305 Channel Rd a flip candidate?
No — 305 Channel Rd does not appear in our flips dataset.
Is 305 Channel Rd a tax-appeal candidate?
No — 305 Channel Rd 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 Channel Rd