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1014 James Ave

Albert Lea, MN 56007

3 bd 1 ba 1,581 sqft Built 1912 Lot 4,966 sqft single_family
Most recent sale
$40,900
Apr 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2024 Listed $69,900 NorthstarMLS
Apr 26, 2021 Sold $40,900 NorthstarMLS
Mar 24, 2021 Listed $44,900 NorthstarMLS
Dec 14, 2004 Listing removed $74,900 Southeastminnesota
Jun 15, 2004 Listed $74,900 Southeastminnesota

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,400 $11,400 $47,800 $802
2023 $31,900 $11,400 $43,300 $710
2022 $25,800 $11,400 $37,200 $708
2021 $25,400 $8,000 $33,400 $646
2020 $23,400 $8,000 $31,400 $608
2019 $16,200 $450
2018 $11,520 $4,080 $15,600 $336
2017 $12,196 $3,004 $15,200 $310
2016 $18,497 $3,003 $21,500 $424
2015 $32,497 $3,003 $35,500 $660
2014 $32,502 $2,998 $35,500 $666
2013 $32,903 $2,997 $35,900 $748
2012 $33,198 $3,602 $36,800 $752
2011 $61,400 $6,000 $67,400 $770
2009 $70,300 $76,300 $844
2007 $47,100 $6,500 $53,600 $552

Property facts

Year built
1912
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,581 sqft
Lot size
4,966 sqft
ZIP code
56007
City
Albert Lea
Street
James Ave
Coordinates
43.63976, -93.36593

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
$245
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 1014 James Ave last sell?
1014 James Ave most recently sold on Apr 26, 2021 for $40,900.
What is the current tax assessment for 1014 James Ave?
The most recent total assessment for 1014 James Ave (year 2025) is $47,800 with $802 in property tax.
How does 1014 James Ave's assessment compare to its last sale price?
The current assessment is 16.9% above the last sale price of $40,900.
When was 1014 James Ave built?
1014 James Ave was built in 1912.
How does 1014 James Ave compare to others on James Ave?
We track 8 other properties on James Ave. Browse the list under "Other properties on James Ave" to compare beds, baths, and sale history.
What are the property facts for 1014 James Ave?
1014 James Ave is a 3 bed, 1 bath, 1,581 sqft, 4,966 sqft lot single_family.
Is 1014 James Ave a flip candidate?
No — 1014 James Ave does not appear in our flips dataset.
Is 1014 James Ave a tax-appeal candidate?
No — 1014 James Ave 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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