615 Garfield Ave
Albert Lea, MN 56007
2 bd 2 ba 1,195 sqft Built 1904 Lot 915 sqft single_family
Most recent sale
$60,000
Nov 24, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 24, 2021 | Sold | $60,000 | MLS #6086643 |
| Sep 16, 2021 | Price changed | $75,000 | MLS #6086643 |
| Aug 18, 2021 | Listed | $80,000 | MLS #6086643 |
| May 26, 2011 | Listing removed | $86,900 | Southeastminnesota |
| Jan 22, 2007 | Listed | $86,900 | MLS #2926432 |
| Jun 2, 2005 | Sold | $80,000 | MLS #2905288 |
| Mar 2, 2005 | Listed | $82,000 | MLS #2905288 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $44,800 | $820 |
| 2023 | — | — | $43,700 | $776 |
| 2022 | — | — | $34,300 | $710 |
| 2021 | $44,900 | $8,200 | $53,100 | $996 |
| 2020 | $44,900 | $8,200 | $53,100 | $670 |
| 2019 | — | — | $32,000 | $592 |
| 2018 | — | — | $28,900 | $572 |
| 2017 | $23,323 | $4,377 | $27,700 | $540 |
| 2016 | $23,417 | $4,383 | $27,800 | $634 |
| 2015 | $19,620 | $4,380 | $24,000 | $630 |
| 2014 | $19,707 | $4,493 | $24,200 | $662 |
| 2013 | $20,804 | $4,496 | $25,300 | $812 |
| 2012 | $25,397 | $4,503 | $29,900 | $866 |
| 2011 | $27,103 | $5,397 | $32,500 | $674 |
| 2009 | $46,600 | $8,800 | $55,400 | $682 |
| 2008 | $48,000 | $8,800 | $56,800 | $698 |
| 2007 | $49,500 | $8,400 | $57,900 | $574 |
Property facts
Year built
1904
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,195 sqft
Lot size
915 sqft
ZIP code
56007
City
Albert Lea
Street
Garfield Ave
Coordinates
43.65489, -93.35452
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
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 615 Garfield Ave last sell?
615 Garfield Ave most recently sold on Nov 24, 2021 for $60,000.
What is the current tax assessment for 615 Garfield Ave?
The most recent total assessment for 615 Garfield Ave (year 2025) is $44,800 with $820 in property tax.
How does 615 Garfield Ave's assessment compare to its last sale price?
The current assessment is 25.3% below the last sale price of $60,000.
When was 615 Garfield Ave built?
615 Garfield Ave was built in 1904.
How does 615 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 615 Garfield Ave?
615 Garfield Ave is a 2 bed, 2 bath, 1,195 sqft, 915 sqft lot single_family.
Is 615 Garfield Ave a flip candidate?
No — 615 Garfield Ave does not appear in our flips dataset.
Is 615 Garfield Ave a tax-appeal candidate?
No — 615 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