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902 Frank Ave

Albert Lea, MN 56007

4 bd 2 ba 2,440 sqft Built 1913 Lot 4,966 sqft single_family
Most recent sale
$84,000
Jan 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2023 Price changed for rent $1,050 AppfolioUnits
May 4, 2023 Listed for rent $1,150 AppfolioUnits
May 2, 2023 Listed for rent $1,150 AppfolioUnits
Apr 2, 2022 Price changed for rent $1,150 AppfolioUnits
Mar 5, 2022 Price changed for rent $1,200 AppfolioUnits
Jan 29, 2022 Listed for rent $1,250 AppfolioUnits
Jan 26, 2022 Sold $84,000 MLS #6136424
Dec 20, 2021 Listed $99,900 MLS #6136424
Nov 4, 2021 Listing removed $89,900 NorthstarMLS
Aug 5, 2021 Relisted $89,900 MLS #5752696
Jul 9, 2021 Listing removed $89,900 NorthstarMLS
May 7, 2021 Listed $89,900 MLS #5752696
Mar 11, 2019 Listing removed $69,900 NorthstarMLS
Dec 10, 2018 Listing removed $69,900 GreaterLakes
Sep 9, 2016 Listing removed $59,900 Southeastminnesota
Jun 3, 2016 Listed $59,900 MLS #4071903
Jun 2, 2016 Listed $59,900 MLS #5093651
Aug 6, 2014 Listed $69,900 MLS #4056153
Aug 4, 2014 Listed $69,900 MLS #5081903
Nov 29, 2010 Listed $64,900 MLS #4025465
Aug 3, 2007 Listed $69,900 MLS #2932944
May 24, 2005 Listed $79,900 MLS #2908330
Mar 31, 2004 Listed $69,900 MLS #2805154

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $96,000 $10,100 $106,100 $1,698
2023 $84,000 $10,100 $94,100 $1,470
2022 $70,700 $10,100 $80,800 $1,474
2021 $68,000 $7,100 $75,100 $1,386
2020 $68,000 $7,100 $75,100 $1,288
2019 $62,700 $7,100 $69,800 $1,100
2018 $54,200 $6,100 $60,300 $1,060
2017 $51,500 $6,100 $57,600 $1,428
2016 $61,800 $5,000 $66,800 $1,312
2015 $54,100 $5,000 $59,100 $1,298
2014 $54,300 $5,000 $59,300 $1,318
2013 $54,400 $5,000 $59,400 $1,452
2012 $55,300 $5,000 $60,300 $1,514
2011 $57,800 $5,900 $63,700 $1,420
2009 $63,900 $5,900 $69,800 $1,604
2008 $72,900 $78,800 $1,003
2007 $65,800 $6,400 $72,200 $978

Property facts

Year built
1913
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,440 sqft
Lot size
4,966 sqft
ZIP code
56007
City
Albert Lea
Street
Frank Ave
Coordinates
43.64148, -93.36268

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
$504
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 902 Frank Ave last sell?
902 Frank Ave most recently sold on Jan 26, 2022 for $84,000.
What is the current tax assessment for 902 Frank Ave?
The most recent total assessment for 902 Frank Ave (year 2025) is $106,100 with $1,698 in property tax.
How does 902 Frank Ave's assessment compare to its last sale price?
The current assessment is 26.3% above the last sale price of $84,000.
When was 902 Frank Ave built?
902 Frank Ave was built in 1913.
How does 902 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 902 Frank Ave?
902 Frank Ave is a 4 bed, 2 bath, 2,440 sqft, 4,966 sqft lot single_family.
Is 902 Frank Ave a flip candidate?
No — 902 Frank Ave does not appear in our flips dataset.
Is 902 Frank Ave a tax-appeal candidate?
No — 902 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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