1506 Garfield Ave
Albert Lea, MN 56007
4 bd 3 ba 3,360 sqft Built 2001 Lot 11,587 sqft single_family
Most recent sale
$239,000
Mar 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 3, 2022 | Sold | $239,000 | MLS #6143813 |
| Jan 19, 2022 | Listed | $239,900 | MLS #6143813 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $234,200 | $4,476 |
| 2019 | — | — | $248,200 | $3,798 |
| 2018 | — | — | $211,400 | $3,230 |
| 2017 | $154,080 | $22,320 | $176,400 | $2,912 |
| 2016 | $152,972 | $15,628 | $168,600 | $2,596 |
| 2015 | $134,523 | $15,277 | $149,800 | $2,364 |
| 2014 | $125,425 | $15,075 | $140,500 | $2,856 |
| 2013 | $154,845 | $15,655 | $170,500 | $3,166 |
| 2012 | $154,945 | $15,655 | $170,600 | $2,820 |
| 2011 | $137,536 | $15,964 | $153,500 | $2,632 |
| 2009 | $184,400 | $18,200 | $202,600 | $2,986 |
| 2008 | $184,400 | $18,200 | $202,600 | $2,892 |
| 2007 | $184,400 | $18,200 | $202,600 | $2,756 |
Property facts
Year built
2001
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,360 sqft
Lot size
11,587 sqft
ZIP code
56007
City
Albert Lea
Street
Garfield Ave
Coordinates
43.66425, -93.35315
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,434
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1506 Garfield Ave last sell?
1506 Garfield Ave most recently sold on Mar 3, 2022 for $239,000.
What is the current tax assessment for 1506 Garfield Ave?
The most recent total assessment for 1506 Garfield Ave (year 2020) is $234,200 with $4,476 in property tax.
How does 1506 Garfield Ave's assessment compare to its last sale price?
The current assessment is 2.0% below the last sale price of $239,000.
When was 1506 Garfield Ave built?
1506 Garfield Ave was built in 2001.
How does 1506 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 1506 Garfield Ave?
1506 Garfield Ave is a 4 bed, 3 bath, 3,360 sqft, 11,587 sqft lot single_family.
Is 1506 Garfield Ave a flip candidate?
No — 1506 Garfield Ave does not appear in our flips dataset.
Is 1506 Garfield Ave a tax-appeal candidate?
No — 1506 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