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608 Cherry Ave

Albert Lea, MN 56007

4 bd 2 ba 1,748 sqft Built 1950 Lot 7,797 sqft single_family
Most recent sale
$159,000
Feb 21, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 21, 2024 Sold $159,000 NorthstarMLS
Jan 22, 2024 Price changed $159,900 NorthstarMLS
Nov 15, 2023 Price changed $169,900 NorthstarMLS
Nov 1, 2023 Listed $179,900 NorthstarMLS
Oct 28, 2003 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $100,300 $1,876
2021 $87,800 $1,674
2020 $83,400 $1,592
2019 $64,200 $1,238
2018 $53,513 $6,387 $59,900 $1,174
2017 $36,695 $5,705 $42,400 $808
2016 $38,897 $5,703 $44,600 $848
2015 $39,617 $5,883 $45,500 $838
2014 $33,514 $5,886 $39,400 $736
2013 $40,661 $5,939 $46,600 $960
2012 $52,622 $9,178 $61,800 $1,210
2011 $91,100 $13,500 $104,600 $1,434
2009 $95,900 $109,400 $1,454
2007 $88,600 $13,500 $102,100 $1,056

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,748 sqft
Lot size
7,797 sqft
ZIP code
56007
City
Albert Lea
Street
Cherry Ave
Coordinates
43.65606, -93.34656

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
$954
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 608 Cherry Ave last sell?
608 Cherry Ave most recently sold on Feb 21, 2024 for $159,000.
What is the current tax assessment for 608 Cherry Ave?
The most recent total assessment for 608 Cherry Ave (year 2022) is $100,300 with $1,876 in property tax.
How does 608 Cherry Ave's assessment compare to its last sale price?
The current assessment is 36.9% below the last sale price of $159,000.
When was 608 Cherry Ave built?
608 Cherry Ave was built in 1950.
How does 608 Cherry Ave compare to others on Cherry Ave?
We track 8 other properties on Cherry Ave. Browse the list under "Other properties on Cherry Ave" to compare beds, baths, and sale history.
What are the property facts for 608 Cherry Ave?
608 Cherry Ave is a 4 bed, 2 bath, 1,748 sqft, 7,797 sqft lot single_family.
Is 608 Cherry Ave a flip candidate?
No — 608 Cherry Ave does not appear in our flips dataset.
Is 608 Cherry Ave a tax-appeal candidate?
No — 608 Cherry 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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