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505 High St

Albert Lea, MN 56007

3 bd 2 ba 1,430 sqft Built 1939 Lot 10,106 sqft single_family
Most recent sale
$124,900
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $124,900 MLS #6138617
Jan 1, 2022 Listed $129,900 MLS #6138617
Mar 18, 2019 Listing removed $66,900 NorthstarMLS
Feb 3, 2019 Sold $88,000 MLS #5034363
Jan 1, 2019 Sold $88,000 Public Record
Dec 11, 2018 Listing removed $66,900 NorthstarMLS
Dec 10, 2018 Listing removed $66,900 GreaterLakes
Dec 10, 2018 Listed $89,900 MLS #5034363
Oct 17, 2018 Listed $89,900 MLS #4091996
Aug 2, 2014 Listing removed $66,900 Southeastminnesota
Oct 9, 2013 Listing removed $66,900 Arrowhead
Sep 3, 2013 Price changed $66,900 MLS #4045329
Jul 2, 2013 Price changed $69,900 MLS #4045329
May 15, 2013 Listed $66,900 MLS #5129369
Feb 29, 2008 Sold $53,500 MLS #2934360
Sep 21, 2007 Listed $57,500 MLS #2934360

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $58,900 $3,006
2019 $47,100 $940
2018 $32,249 $12,551 $44,800 $904
2017 $34,472 $9,128 $43,600 $830
2016 $24,391 $9,109 $33,500 $644
2015 $16,766 $9,134 $25,900 $490
2014 $17,173 $9,127 $26,300 $502
2013 $19,467 $9,133 $28,600 $602
2012 $24,435 $8,465 $32,900 $676
2011 $42,000 $13,700 $55,700 $692
2009 $43,600 $57,300 $688
2007 $42,300 $13,100 $55,400 $518

Property facts

Year built
1939
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,430 sqft
Lot size
10,106 sqft
ZIP code
56007
City
Albert Lea
Street
High St
Coordinates
43.65617, -93.36336

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
$749
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 High St last sell?
505 High St most recently sold on Feb 25, 2022 for $124,900.
What is the current tax assessment for 505 High St?
The most recent total assessment for 505 High St (year 2020) is $58,900 with $3,006 in property tax.
How does 505 High St's assessment compare to its last sale price?
The current assessment is 52.8% below the last sale price of $124,900.
When was 505 High St built?
505 High St was built in 1939.
How does 505 High St compare to others on High St?
We track 8 other properties on High St. Browse the list under "Other properties on High St" to compare beds, baths, and sale history.
What are the property facts for 505 High St?
505 High St is a 3 bed, 2 bath, 1,430 sqft, 10,106 sqft lot single_family.
Is 505 High St a flip candidate?
No — 505 High St does not appear in our flips dataset.
Is 505 High St a tax-appeal candidate?
No — 505 High St 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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