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405 Johnson St

Albert Lea, MN 56007

3 bd 2 ba 1,256 sqft Built 1903 Lot 8,276 sqft single_family
Most recent sale
$129,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2023 Sold $129,000 NorthstarMLS
Oct 5, 2023 Listed $124,900 NorthstarMLS
Jun 22, 2018 Sold $45,000 GreaterLakes
Mar 14, 2018 Listed $45,000 Southeastminnesota
Mar 13, 2018 Listed $45,000 NorthstarMLS
Aug 23, 2011 Sold $64,900 Southeastminnesota
May 18, 2011 Price changed $64,900 Southeastminnesota
Apr 9, 2011 Listed $69,900 Southeastminnesota
Oct 25, 2005 Sold $48,000 Southeastminnesota
Sep 8, 2005 Listed $44,500 Southeastminnesota
Nov 1, 2000 Listing removed $76,500 Southeastminnesota
May 2, 2000 Listed $76,500 Southeastminnesota
Jan 11, 2000 Sold $47,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $53,400 $21,000 $74,400 $1,996
2022 $65,700 $16,800 $82,500 $2,356
2021 $63,400 $16,800 $80,200 $2,360
2020 $56,600 $16,800 $73,400 $2,264
2019 $49,500 $14,900 $64,400 $2,174
2018 $47,200 $14,900 $62,100 $1,142
2017 $49,700 $12,300 $62,000 $1,074
2016 $49,800 $12,300 $62,100 $1,356
2015 $27,928 $7,372 $35,300 $658
2014 $28,020 $7,380 $35,400 $666
2013 $25,724 $7,376 $33,100 $692
2012 $30,628 $7,372 $38,000 $776
2011 $49,000 $11,900 $60,900 $760
2009 $50,800 $62,700 $750
2007 $49,300 $11,400 $60,700 $466

Property facts

Year built
1903
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,256 sqft
Lot size
8,276 sqft
ZIP code
56007
City
Albert Lea
Street
Johnson St
Coordinates
43.65525, -93.36439

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
$774
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 Johnson St last sell?
405 Johnson St most recently sold on Nov 30, 2023 for $129,000.
What is the current tax assessment for 405 Johnson St?
The most recent total assessment for 405 Johnson St (year 2023) is $74,400 with $1,996 in property tax.
How does 405 Johnson St's assessment compare to its last sale price?
The current assessment is 42.3% below the last sale price of $129,000.
When was 405 Johnson St built?
405 Johnson St was built in 1903.
How does 405 Johnson St compare to others on Johnson St?
We track 8 other properties on Johnson St. Browse the list under "Other properties on Johnson St" to compare beds, baths, and sale history.
What are the property facts for 405 Johnson St?
405 Johnson St is a 3 bed, 2 bath, 1,256 sqft, 8,276 sqft lot single_family.
Is 405 Johnson St a flip candidate?
No — 405 Johnson St does not appear in our flips dataset.
Is 405 Johnson St a tax-appeal candidate?
No — 405 Johnson 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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