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708 Frank Ave

Albert Lea, MN 56007

3 bd 2 ba 1,280 sqft Built 1969 Lot 10,890 sqft single_family
Most recent sale
$115,000
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2021 Sold $115,000 MLS #6009740
Aug 12, 2021 Relisted $115,000 MLS #6009740
Jul 20, 2021 Listing removed $115,000 NorthstarMLS
Jun 16, 2021 Listed $115,000 MLS #6009740
Dec 30, 2017 Sold $80,000 MLS #4815225
Apr 11, 2017 Listed $79,900 MLS #4078627
Apr 10, 2017 Listed $79,000 MLS #4815225
Jan 1, 2017 Sold $80,000 Public Record
Feb 6, 2007 Sold $84,900 MLS #2924546
Oct 19, 2006 Listed $84,900 MLS #2924546
Apr 2, 1998 Sold $59,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,900 $20,600 $122,500 $1,950
2023 $90,400 $20,600 $111,000 $1,722
2020 $57,500 $1,140
2019 $47,600 $948
2018 $37,663 $7,437 $45,100 $910
2017 $41,688 $6,712 $48,400 $914
2016 $35,460 $6,540 $42,000 $800
2015 $36,060 $6,540 $42,600 $788
2014 $36,557 $6,543 $43,100 $804
2013 $50,000 $7,200 $57,200 $1,148
2012 $34,740 $7,260 $42,000 $854
2011 $64,000 $12,100 $76,100 $876
2009 $73,000 $85,100 $1,054
2007 $68,000 $13,100 $81,100 $880

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,280 sqft
Lot size
10,890 sqft
ZIP code
56007
City
Albert Lea
Street
Frank Ave
Coordinates
43.64371, -93.36276

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 708 Frank Ave last sell?
708 Frank Ave most recently sold on Dec 8, 2021 for $115,000.
What is the current tax assessment for 708 Frank Ave?
The most recent total assessment for 708 Frank Ave (year 2025) is $122,500 with $1,950 in property tax.
How does 708 Frank Ave's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $115,000.
When was 708 Frank Ave built?
708 Frank Ave was built in 1969.
How does 708 Frank Ave compare to others on Frank Ave?
We track 8 other properties on Frank Ave. Browse the list under "Other properties on Frank Ave" to compare beds, baths, and sale history.
What are the property facts for 708 Frank Ave?
708 Frank Ave is a 3 bed, 2 bath, 1,280 sqft, 10,890 sqft lot single_family.
Is 708 Frank Ave a flip candidate?
No — 708 Frank Ave does not appear in our flips dataset.
Is 708 Frank Ave a tax-appeal candidate?
No — 708 Frank 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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