423 Court St
Albert Lea, MN 56007
5 bd 2 ba 2,068 sqft Built 1893 Lot 9,135 sqft multi_family
Most recent sale
$105,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 13, 2022 | Sold | $150,000 | Public Record |
| May 2, 2022 | Sold | $105,000 | MLS #6157903 |
| Mar 1, 2022 | Listed | $120,000 | MLS #6157903 |
| Feb 13, 2021 | Listing removed | $77,500 | NorthstarMLS |
| Dec 20, 2001 | Sold | $42,593 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $42,700 | $920 |
| 2023 | — | — | $39,500 | $910 |
| 2022 | $39,000 | $8,500 | $47,500 | $1,352 |
| 2021 | $35,100 | $8,500 | $43,600 | $1,284 |
| 2020 | $35,100 | $8,500 | $43,600 | $1,290 |
| 2019 | $35,100 | $8,500 | $43,600 | $1,170 |
| 2018 | $31,500 | $7,800 | $39,300 | $1,100 |
| 2017 | $27,800 | $7,800 | $35,600 | $1,052 |
| 2016 | $27,800 | $7,200 | $35,000 | $1,214 |
| 2015 | $34,700 | $7,200 | $41,900 | $886 |
| 2014 | $34,700 | $7,200 | $41,900 | $888 |
| 2013 | $34,700 | $7,200 | $41,900 | $984 |
| 2012 | $35,200 | $7,200 | $42,400 | $1,174 |
| 2011 | $42,900 | $8,900 | $51,800 | $1,066 |
| 2009 | $45,100 | $8,900 | $54,000 | $1,200 |
| 2008 | $47,300 | $8,900 | $56,200 | $1,034 |
| 2007 | $47,300 | $8,900 | $56,200 | $920 |
Property facts
Year built
1893
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
2,068 sqft
Lot size
9,135 sqft
ZIP code
56007
City
Albert Lea
Street
Court St
Coordinates
43.64568, -93.37335
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 423 Court St last sell?
423 Court St most recently sold on May 2, 2022 for $105,000.
What is the current tax assessment for 423 Court St?
The most recent total assessment for 423 Court St (year 2025) is $42,700 with $920 in property tax.
How does 423 Court St's assessment compare to its last sale price?
The current assessment is 59.3% below the last sale price of $105,000.
When was 423 Court St built?
423 Court St was built in 1893.
How does 423 Court St compare to others on Court St?
We track 8 other properties on Court St. Browse the list under "Other properties on Court St" to compare beds, baths, and sale history.
What are the property facts for 423 Court St?
423 Court St is a 5 bed, 2 bath, 2,068 sqft, 9,135 sqft lot multi_family.
Is 423 Court St a flip candidate?
Yes — 423 Court St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 423 Court St a tax-appeal candidate?
No — 423 Court 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 Court St