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203 Elizabeth Ave

Albert Lea, MN 56007

3 bd 2 ba 1,280 sqft Built 1898 Lot 4,095 sqft single_family
Most recent sale
$40,000
Dec 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2021 Sold $40,000 MLS #6074727
Oct 3, 2021 Price changed $49,900 MLS #6074727
Sep 22, 2021 Price changed $52,000 MLS #6074727
Sep 12, 2021 Price changed $58,000 MLS #6074727
Sep 4, 2021 Price changed $60,000 MLS #6074727
Aug 25, 2021 Price changed $62,000 MLS #6074727
Aug 20, 2021 Price changed $65,000 MLS #6074727
Aug 9, 2021 Price changed $69,900 MLS #6074727
Aug 4, 2021 Listed $75,000 MLS #6074727
Mar 19, 2019 Sold $40,000 MLS #5200603
Mar 15, 2019 Listed $40,000 MLS #5200603
Jan 1, 2019 Sold $40,000 Public Record
Jun 24, 2010 Sold $22,000 MLS #5049973
Feb 16, 2010 Price changed $34,900 MLS #4015472
Sep 18, 2009 Listed $39,900 MLS #4015472
Sep 11, 2009 Listed $34,900 MLS #5049973
Apr 4, 2007 Sold $28,000 Public Record
Nov 30, 2004 Sold $53,900 Public Record
Nov 27, 2002 Sold $53,900 MLS #2699707
Jul 30, 2002 Listed $53,900 MLS #2699707
Jul 11, 2002 Listing removed $49,900 Southeastminnesota
Aug 5, 2001 Listed $49,900 MLS #2497968

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $58,200 $4,900 $63,100 $1,038
2023 $43,000 $4,900 $47,900 $780
2020 $26,200 $558
2018 $29,000 $4,500 $33,500 $630
2017 $29,000 $4,500 $33,500 $752
2016 $29,000 $4,100 $33,100 $588
2015 $29,000 $4,100 $33,100 $568
2014 $29,000 $4,100 $33,100 $570
2013 $29,000 $4,100 $33,100 $638
2012 $29,600 $4,100 $33,700 $844
2011 $39,600 $6,200 $45,800 $780
2009 $42,500 $5,900 $48,400 $796
2008 $43,600 $49,500 $766
2007 $44,400 $5,900 $50,300 $414

Property facts

Year built
1898
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,280 sqft
Lot size
4,095 sqft
ZIP code
56007
City
Albert Lea
Street
Elizabeth Ave
Coordinates
43.64866, -93.36581

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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 203 Elizabeth Ave last sell?
203 Elizabeth Ave most recently sold on Dec 20, 2021 for $40,000.
What is the current tax assessment for 203 Elizabeth Ave?
The most recent total assessment for 203 Elizabeth Ave (year 2025) is $63,100 with $1,038 in property tax.
How does 203 Elizabeth Ave's assessment compare to its last sale price?
The current assessment is 57.8% above the last sale price of $40,000.
When was 203 Elizabeth Ave built?
203 Elizabeth Ave was built in 1898.
How does 203 Elizabeth Ave compare to others on Elizabeth Ave?
We track 5 other properties on Elizabeth Ave. Browse the list under "Other properties on Elizabeth Ave" to compare beds, baths, and sale history.
What are the property facts for 203 Elizabeth Ave?
203 Elizabeth Ave is a 3 bed, 2 bath, 1,280 sqft, 4,095 sqft lot single_family.
Is 203 Elizabeth Ave a flip candidate?
No — 203 Elizabeth Ave does not appear in our flips dataset.
Is 203 Elizabeth Ave a tax-appeal candidate?
Yes — 203 Elizabeth Ave 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 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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