1606 Elm St
Albert Lea, MN 56007
2 bd 3 ba 1,232 sqft Built 1961 Lot 12,197 sqft single_family
Most recent sale
$204,000
Nov 18, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2021 | Sold | $204,000 | MLS #6107093 |
| Sep 30, 2021 | Listed | $199,900 | MLS #6107093 |
| Feb 19, 2019 | Sold | $60,000 | Public Record |
| Jan 1, 2019 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $40,600 | $2,008 |
| 2019 | — | — | $40,600 | $818 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,232 sqft
Lot size
12,197 sqft
ZIP code
56007
City
Albert Lea
Street
Elm St
Coordinates
43.67849, -93.39135
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,848
Gross rental yield
10.87%
Implied cap rate
7.07%
Trend-extrapolated value
—
Frequently asked questions
When did 1606 Elm St last sell?
1606 Elm St most recently sold on Nov 18, 2021 for $204,000.
What is the current tax assessment for 1606 Elm St?
The most recent total assessment for 1606 Elm St (year 2020) is $40,600 with $2,008 in property tax.
How does 1606 Elm St's assessment compare to its last sale price?
The current assessment is 80.1% below the last sale price of $204,000.
When was 1606 Elm St built?
1606 Elm St was built in 1961.
How does 1606 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 1606 Elm St?
1606 Elm St is a 2 bed, 3 bath, 1,232 sqft, 12,197 sqft lot single_family.
Is 1606 Elm St a flip candidate?
No — 1606 Elm St does not appear in our flips dataset.
Is 1606 Elm St a tax-appeal candidate?
No — 1606 Elm 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 Elm St