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615 Columbus Ave

Albert Lea, MN 56007

3 bd 1 ba 1,152 sqft Built 1952 Lot 8,712 sqft single_family
Most recent sale
$140,000
Nov 16, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2023 Sold $140,000 NorthstarMLS
Oct 6, 2023 Listed $139,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $49,500 $994
2021 $46,700 $952
2020 $48,100 $974
2019 $42,400 $852
2018 $33,464 $7,136 $40,600 $824
2017 $36,000 $7,500 $43,500 $828
2016 $36,093 $7,507 $43,600 $828
2015 $36,214 $6,486 $42,700 $790
2014 $33,317 $6,483 $39,800 $744
2013 $33,720 $6,480 $40,200 $834
2012 $33,257 $6,843 $40,100 $816
2011 $49,000 $11,200 $60,200 $732
2009 $50,400 $61,600 $738
2007 $43,500 $10,700 $54,200 $542

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,152 sqft
Lot size
8,712 sqft
ZIP code
56007
City
Albert Lea
Street
Columbus Ave
Coordinates
43.65492, -93.35219

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 615 Columbus Ave last sell?
615 Columbus Ave most recently sold on Nov 16, 2023 for $140,000.
What is the current tax assessment for 615 Columbus Ave?
The most recent total assessment for 615 Columbus Ave (year 2022) is $49,500 with $994 in property tax.
How does 615 Columbus Ave's assessment compare to its last sale price?
The current assessment is 64.6% below the last sale price of $140,000.
When was 615 Columbus Ave built?
615 Columbus Ave was built in 1952.
How does 615 Columbus Ave compare to others on Columbus Ave?
We track 8 other properties on Columbus Ave. Browse the list under "Other properties on Columbus Ave" to compare beds, baths, and sale history.
What are the property facts for 615 Columbus Ave?
615 Columbus Ave is a 3 bed, 1 bath, 1,152 sqft, 8,712 sqft lot single_family.
Is 615 Columbus Ave a flip candidate?
No — 615 Columbus Ave does not appear in our flips dataset.
Is 615 Columbus Ave a tax-appeal candidate?
No — 615 Columbus 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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