506 College St
Albert Lea, MN 56007
5 bd 4 ba 1,792 sqft Built 1883 Lot 7,995 sqft multi_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $161,200 | $7,600 | $168,800 | $3,722 |
| 2023 | $147,800 | $7,600 | $155,400 | $3,418 |
| 2022 | $99,600 | $7,600 | $107,200 | $2,888 |
| 2021 | $89,600 | $7,600 | $97,200 | $2,714 |
| 2020 | $89,600 | $7,600 | $97,200 | $2,722 |
| 2018 | $47,362 | $4,438 | $51,800 | $1,624 |
| 2017 | $40,116 | $4,684 | $44,800 | $1,464 |
| 2016 | $32,623 | $4,677 | $37,300 | $1,378 |
| 2015 | $24,223 | $4,677 | $28,900 | $574 |
| 2014 | $24,223 | $4,677 | $28,900 | $578 |
| 2013 | $24,626 | $4,674 | $29,300 | $646 |
| 2012 | $10,573 | $5,527 | $16,100 | $374 |
| 2011 | $18,200 | $9,200 | $27,400 | $580 |
| 2009 | $19,300 | — | $19,300 | $590 |
| 2007 | $19,300 | $9,200 | $28,500 | $500 |
Property facts
Year built
1883
Property type
multi_family
Stories
2
Beds
5
Baths
4
Living area
1,792 sqft
Lot size
7,995 sqft
ZIP code
56007
City
Albert Lea
Street
College St
Coordinates
43.64705, -93.37413
Comparable properties nearby
Frequently asked questions
When did 506 College St last sell?
No public-record sale is on file for 506 College St.
What is the current tax assessment for 506 College St?
The most recent total assessment for 506 College St (year 2025) is $168,800 with $3,722 in property tax.
When was 506 College St built?
506 College St was built in 1883.
How does 506 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 506 College St?
506 College St is a 5 bed, 4 bath, 1,792 sqft, 7,995 sqft lot multi_family.
Is 506 College St a flip candidate?
No — 506 College St does not appear in our flips dataset.
Is 506 College St a tax-appeal candidate?
No — 506 College St 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 College St