1407 Garfield Ave
Albert Lea, MN 56007
3 bd 2 ba 2,140 sqft Built 1966 Lot 11,456 sqft single_family
Most recent sale
$197,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $197,000 | MLS #6190880 |
| May 6, 2022 | Listed | $199,900 | MLS #6190880 |
| Nov 5, 2021 | Listing removed | $199,900 | NorthstarMLS |
| Oct 8, 2021 | Listed | $199,900 | MLS #6110688 |
| May 28, 2010 | Sold | $120,000 | MLS #3884700 |
| May 7, 2010 | Price changed | $129,900 | MLS #4018338 |
| Feb 19, 2010 | Listed | $134,900 | MLS #4018338 |
| Oct 2, 2009 | Sold | $134,900 | MLS #4003432 |
| Aug 6, 2009 | Price changed | $134,900 | MLS #4003432 |
| May 5, 2009 | Price changed | $139,900 | MLS #4003432 |
| Apr 4, 2009 | Relisted | $144,900 | MLS #4003432 |
| Feb 21, 2009 | Listing removed | $149,900 | Southeastminnesota |
| Jul 17, 2008 | Relisted | $159,900 | MLS #4003432 |
| May 7, 2008 | Listing removed | $144,900 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $174,200 | $2,382 |
| 2023 | — | — | $160,600 | $2,504 |
| 2022 | — | — | $126,700 | $2,336 |
| 2021 | — | — | $126,900 | $2,362 |
| 2020 | — | — | $130,900 | $2,424 |
| 2019 | — | — | $109,100 | $2,018 |
| 2018 | $75,039 | $14,961 | $90,000 | $1,704 |
| 2017 | $76,070 | $13,230 | $89,300 | $1,594 |
| 2016 | $67,212 | $12,788 | $80,000 | $1,438 |
| 2015 | $63,419 | $12,581 | $76,000 | $1,328 |
| 2014 | $80,959 | $13,441 | $94,400 | $1,634 |
| 2013 | $82,682 | $13,518 | $96,200 | $1,842 |
| 2012 | $91,432 | $14,768 | $106,200 | $1,988 |
| 2011 | $133,200 | $18,300 | $151,500 | $1,894 |
| 2009 | $133,200 | — | $151,500 | $2,146 |
| 2007 | $133,200 | $18,300 | $151,500 | $1,952 |
Property facts
Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,140 sqft
Lot size
11,456 sqft
ZIP code
56007
City
Albert Lea
Street
Garfield Ave
Coordinates
43.66316, -93.35379
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
$1,182
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1407 Garfield Ave last sell?
1407 Garfield Ave most recently sold on Jun 24, 2022 for $197,000.
What is the current tax assessment for 1407 Garfield Ave?
The most recent total assessment for 1407 Garfield Ave (year 2025) is $174,200 with $2,382 in property tax.
How does 1407 Garfield Ave's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $197,000.
When was 1407 Garfield Ave built?
1407 Garfield Ave was built in 1966.
How does 1407 Garfield Ave compare to others on Garfield Ave?
We track 8 other properties on Garfield Ave. Browse the list under "Other properties on Garfield Ave" to compare beds, baths, and sale history.
What are the property facts for 1407 Garfield Ave?
1407 Garfield Ave is a 3 bed, 2 bath, 2,140 sqft, 11,456 sqft lot single_family.
Is 1407 Garfield Ave a flip candidate?
No — 1407 Garfield Ave does not appear in our flips dataset.
Is 1407 Garfield Ave a tax-appeal candidate?
No — 1407 Garfield Ave 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 Garfield Ave