424 College St
Albert Lea, MN 56007
3 bd 2 ba 2,356 sqft Built 1883 Lot 6,534 sqft single_family
Most recent sale
$34,000
Mar 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 8, 2022 | Sold | $34,000 | MLS #6153335 |
| Feb 16, 2022 | Listed | $35,000 | MLS #6153335 |
| Jan 20, 2022 | Sold | $40,000 | Public Record |
| Jun 2, 2020 | Sold | $12,000 | MLS #7020418 |
| Apr 9, 2019 | Listed | $23,000 | MLS #7020418 |
| Aug 31, 2007 | Sold | $52,800 | Public Record |
| Sep 7, 2005 | Listing removed | $72,900 | Southeastminnesota |
| May 17, 2005 | Listed | $72,900 | MLS #2908094 |
| Feb 28, 2005 | Sold | $25,500 | MLS #2808875 |
| Jul 21, 2004 | Listed | $29,900 | MLS #2808875 |
| Jul 9, 2004 | Sold | $21,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $41,300 | $6,100 | $47,400 | $796 |
| 2020 | — | — | $19,000 | $1,096 |
| 2019 | — | — | $19,000 | $2,874 |
| 2018 | — | — | $29,900 | $1,018 |
| 2017 | $23,435 | $3,365 | $26,800 | $1,074 |
| 2016 | $23,417 | $4,083 | $27,500 | $994 |
| 2015 | $20,013 | $4,087 | $24,100 | $458 |
| 2014 | $20,013 | $4,087 | $24,100 | $462 |
| 2013 | $20,013 | $4,087 | $24,100 | $518 |
| 2012 | $20,313 | $4,087 | $24,400 | $634 |
| 2011 | $25,697 | $5,103 | $30,800 | $650 |
| 2009 | $44,900 | $8,500 | $53,400 | $664 |
| 2008 | $46,600 | $8,500 | $55,100 | $618 |
| 2007 | $46,600 | $8,500 | $55,100 | $312 |
Property facts
Year built
1883
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,356 sqft
Lot size
6,534 sqft
ZIP code
56007
City
Albert Lea
Street
College St
Coordinates
43.64713, -93.37340
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
$204
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 424 College St last sell?
424 College St most recently sold on Mar 8, 2022 for $34,000.
What is the current tax assessment for 424 College St?
The most recent total assessment for 424 College St (year 2025) is $47,400 with $796 in property tax.
How does 424 College St's assessment compare to its last sale price?
The current assessment is 39.4% above the last sale price of $34,000.
When was 424 College St built?
424 College St was built in 1883.
How does 424 College St compare to others on College St?
We track 8 other properties on College St. Browse the list under "Other properties on College St" to compare beds, baths, and sale history.
What are the property facts for 424 College St?
424 College St is a 3 bed, 2 bath, 2,356 sqft, 6,534 sqft lot single_family.
Is 424 College St a flip candidate?
Yes — 424 College St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 424 College St a tax-appeal candidate?
Yes — 424 College St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 College St