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305 Garden Rd

Albert Lea, MN 56007

3 bd 2 ba 1,988 sqft Built 1956 Lot 11,238 sqft single_family
Most recent sale
$179,500
Nov 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2023 Sold $179,500 NorthstarMLS
Oct 5, 2023 Price changed $194,900 NorthstarMLS
Aug 28, 2023 Listed $209,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $87,000 $1,988
2021 $87,000 $2,016
2020 $85,300 $1,996
2019 $79,700 $1,890
2018 $52,187 $18,013 $70,200 $1,752
2017 $50,497 $13,503 $64,000 $1,582
2016 $55,397 $13,903 $69,300 $1,682
2015 $51,512 $13,588 $65,100 $1,590
2014 $56,057 $13,943 $70,000 $1,714
2013 $55,963 $13,937 $69,900 $1,374
2012 $65,948 $14,052 $80,000 $1,528
2011 $104,400 $18,900 $123,300 $1,486
2009 $104,400 $123,300 $1,682
2007 $99,400 $18,000 $117,400 $1,344

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,988 sqft
Lot size
11,238 sqft
ZIP code
56007
City
Albert Lea
Street
Garden Rd
Coordinates
43.66368, -93.37954

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
$1,077
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 Garden Rd last sell?
305 Garden Rd most recently sold on Nov 15, 2023 for $179,500.
What is the current tax assessment for 305 Garden Rd?
The most recent total assessment for 305 Garden Rd (year 2022) is $87,000 with $1,988 in property tax.
How does 305 Garden Rd's assessment compare to its last sale price?
The current assessment is 51.5% below the last sale price of $179,500.
When was 305 Garden Rd built?
305 Garden Rd was built in 1956.
How does 305 Garden Rd compare to others on Garden Rd?
We track 8 other properties on Garden Rd. Browse the list under "Other properties on Garden Rd" to compare beds, baths, and sale history.
What are the property facts for 305 Garden Rd?
305 Garden Rd is a 3 bed, 2 bath, 1,988 sqft, 11,238 sqft lot single_family.
Is 305 Garden Rd a flip candidate?
No — 305 Garden Rd does not appear in our flips dataset.
Is 305 Garden Rd a tax-appeal candidate?
No — 305 Garden Rd 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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