706 Hills Ln
Albert Lea, MN 56007
2 bd 2 ba 1,154 sqft Built 1977 Lot 7,231 sqft townhomes
Most recent sale
$155,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $155,000 | MLS #6225386 |
| Jun 27, 2022 | Listed | $149,900 | MLS #6225386 |
| Aug 22, 2014 | Sold | $91,500 | MLS #4055308 |
| Jul 21, 2014 | Listed | $92,900 | MLS #4055308 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $68,300 | $1,182 |
| 2019 | — | — | $60,000 | $1,068 |
| 2018 | — | — | $54,500 | $910 |
| 2017 | $36,572 | $8,528 | $45,100 | $934 |
| 2016 | $38,398 | $11,202 | $49,600 | $948 |
| 2015 | $39,300 | $11,300 | $50,600 | $802 |
| 2014 | $32,595 | $10,805 | $43,400 | $816 |
| 2013 | $33,000 | $10,800 | $43,800 | $934 |
| 2012 | $34,410 | $10,790 | $45,200 | $1,470 |
| 2011 | $68,920 | $7,780 | $76,700 | $1,432 |
| 2009 | $93,900 | $10,600 | $104,500 | $1,374 |
| 2008 | $93,900 | — | $104,500 | $1,312 |
| 2007 | $93,900 | $10,600 | $104,500 | $1,052 |
Property facts
Year built
1977
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,154 sqft
Lot size
7,231 sqft
ZIP code
56007
City
Albert Lea
Street
Hills Ln
Coordinates
43.67654, -93.35975
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,731
Gross rental yield
13.40%
Implied cap rate
8.71%
Trend-extrapolated value
—
Frequently asked questions
When did 706 Hills Ln last sell?
706 Hills Ln most recently sold on Aug 5, 2022 for $155,000.
What is the current tax assessment for 706 Hills Ln?
The most recent total assessment for 706 Hills Ln (year 2020) is $68,300 with $1,182 in property tax.
How does 706 Hills Ln's assessment compare to its last sale price?
The current assessment is 55.9% below the last sale price of $155,000.
When was 706 Hills Ln built?
706 Hills Ln was built in 1977.
How does 706 Hills Ln compare to others on Hills Ln?
We track 2 other properties on Hills Ln. Browse the list under "Other properties on Hills Ln" to compare beds, baths, and sale history.
What are the property facts for 706 Hills Ln?
706 Hills Ln is a 2 bed, 2 bath, 1,154 sqft, 7,231 sqft lot townhomes.
Is 706 Hills Ln a flip candidate?
No — 706 Hills Ln does not appear in our flips dataset.
Is 706 Hills Ln a tax-appeal candidate?
No — 706 Hills Ln 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 Hills Ln