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503 Johnson St

Albert Lea, MN 56007

3 bd 2 ba 709 sqft Built 1908 Lot 8,276 sqft single_family
Most recent sale
$137,800
Mar 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2022 Sold $137,800 MLS #6104786
Dec 3, 2021 Price changed $144,900 MLS #6104786
Oct 11, 2021 Price changed $149,900 MLS #6104786
Sep 29, 2021 Listed $159,900 MLS #6104786
Jun 29, 2012 Sold $73,000 MLS #4037443
May 14, 2012 Listed $78,900 MLS #4037443
May 15, 2007 Sold $54,000 MLS #2927666
Mar 8, 2007 Listed $59,900 MLS #2927666

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,400 $21,000 $154,400 $2,734
2023 $125,700 $21,000 $146,700 $2,254
2020 $71,900 $2,136
2019 $62,300 $1,992
2018 $50,000 $942
2017 $37,756 $9,044 $46,800 $898
2016 $39,981 $7,519 $47,500 $680
2015 $28,124 $7,376 $35,500 $656
2014 $27,824 $7,376 $35,200 $610
2013 $24,929 $7,371 $32,300 $718
2012 $27,016 $7,384 $34,400 $760
2011 $29,820 $7,380 $37,200 $792
2009 $53,500 $11,900 $65,400 $800
2008 $55,000 $11,900 $66,900 $666
2007 $45,900 $11,400 $57,300 $550

Property facts

Year built
1908
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
709 sqft
Lot size
8,276 sqft
ZIP code
56007
City
Albert Lea
Street
Johnson St
Coordinates
43.65525, -93.36389

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
$1,064
Gross rental yield
9.27%
Implied cap rate
6.02%
Trend-extrapolated value

Frequently asked questions

When did 503 Johnson St last sell?
503 Johnson St most recently sold on Mar 10, 2022 for $137,800.
What is the current tax assessment for 503 Johnson St?
The most recent total assessment for 503 Johnson St (year 2025) is $154,400 with $2,734 in property tax.
How does 503 Johnson St's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $137,800.
When was 503 Johnson St built?
503 Johnson St was built in 1908.
How does 503 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 503 Johnson St?
503 Johnson St is a 3 bed, 2 bath, 709 sqft, 8,276 sqft lot single_family.
Is 503 Johnson St a flip candidate?
No — 503 Johnson St does not appear in our flips dataset.
Is 503 Johnson St a tax-appeal candidate?
No — 503 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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