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205 Elizabeth Ave

Albert Lea, MN 56007

3 bd 2 ba 3,360 sqft Built 2014 Lot 5,227 sqft single_family
Most recent sale
$220,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $220,000 MLS #6021904
Feb 21, 2022 Listed $199,900 MLS #6021904
Jun 22, 2006 Sold $54,900 Public Record
Oct 29, 2003 Listed $59,900 MLS #2801591
Sep 17, 2002 Sold $54,900 Public Record
Apr 11, 2001 Listed $49,900 MLS #1010780

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,600 $2,022
2023 $124,000 $1,964
2022 $103,300 $2,056
2021 $104,700 $2,104
2020 $104,700 $2,102
2019 $104,700 $714
2018 $27,300 $508
2017 $22,116 $2,284 $24,400 $474
2016 $22,117 $1,983 $24,100 $392
2015 $17,724 $1,976 $19,700 $380
2014 $17,724 $1,976 $19,700 $384
2013 $17,724 $1,976 $19,700 $430
2012 $18,024 $1,976 $20,000 $470
2011 $19,465 $2,935 $22,400 $434
2009 $29,900 $4,700 $34,600 $436
2008 $30,800 $35,500 $404
2007 $31,400 $4,700 $36,100 $344

Property facts

Year built
2014
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
3,360 sqft
Lot size
5,227 sqft
ZIP code
56007
City
Albert Lea
Street
Elizabeth Ave
Coordinates
43.64853, -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
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 205 Elizabeth Ave last sell?
205 Elizabeth Ave most recently sold on Apr 15, 2022 for $220,000.
What is the current tax assessment for 205 Elizabeth Ave?
The most recent total assessment for 205 Elizabeth Ave (year 2025) is $122,600 with $2,022 in property tax.
How does 205 Elizabeth Ave's assessment compare to its last sale price?
The current assessment is 44.3% below the last sale price of $220,000.
When was 205 Elizabeth Ave built?
205 Elizabeth Ave was built in 2014.
How does 205 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 205 Elizabeth Ave?
205 Elizabeth Ave is a 3 bed, 2 bath, 3,360 sqft, 5,227 sqft lot single_family.
Is 205 Elizabeth Ave a flip candidate?
No — 205 Elizabeth Ave does not appear in our flips dataset.
Is 205 Elizabeth Ave a tax-appeal candidate?
No — 205 Elizabeth 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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