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1116 Lakewood Ave

Albert Lea, MN 56007

3 bd 3 ba 1,830 sqft Built 1971 Lot 10,787 sqft single_family
Most recent sale
$179,900
Jul 29, 2005

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 27, 2026 Sold $226,500 NorthstarMLS
Jan 16, 2026 Listed $229,000 NorthstarMLS
Nov 22, 2022 Sold $200,000 NorthstarMLS
Aug 22, 2022 Price changed $220,000 MLS #6235484
Jul 15, 2022 Listed $230,900 MLS #6235484
Jul 29, 2005 Sold $179,900 MLS #2906250
Mar 30, 2005 Listed $176,900 MLS #2906250

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,500 $18,200 $190,700 $2,998
2020 $146,100 $2,624
2019 $142,400 $2,224
2018 $120,900 $2,298
2017 $103,130 $13,470 $116,600 $2,148
2016 $99,329 $15,471 $114,800 $2,038
2015 $92,671 $15,229 $107,900 $1,916
2014 $88,525 $15,075 $103,600 $1,698
2013 $74,551 $14,449 $89,000 $1,894
2012 $75,694 $14,506 $90,200 $2,128
2011 $90,386 $14,314 $104,700 $2,254
2009 $124,900 $17,800 $142,700 $2,428
2008 $138,800 $17,800 $156,600 $2,152
2007 $138,800 $17,800 $156,600 $1,866

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,830 sqft
Lot size
10,787 sqft
ZIP code
56007
City
Albert Lea
Street
Lakewood Ave
Coordinates
43.65912, -93.36836

Comparable properties nearby

Frequently asked questions

When did 1116 Lakewood Ave last sell?
1116 Lakewood Ave most recently sold on Jul 29, 2005 for $179,900.
What is the current tax assessment for 1116 Lakewood Ave?
The most recent total assessment for 1116 Lakewood Ave (year 2025) is $190,700 with $2,998 in property tax.
How does 1116 Lakewood Ave's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $179,900.
When was 1116 Lakewood Ave built?
1116 Lakewood Ave was built in 1971.
How does 1116 Lakewood Ave compare to others on Lakewood Ave?
We track 8 other properties on Lakewood Ave. Browse the list under "Other properties on Lakewood Ave" to compare beds, baths, and sale history.
What are the property facts for 1116 Lakewood Ave?
1116 Lakewood Ave is a 3 bed, 3 bath, 1,830 sqft, 10,787 sqft lot single_family.
Is 1116 Lakewood Ave a flip candidate?
No — 1116 Lakewood Ave does not appear in our flips dataset.
Is 1116 Lakewood Ave a tax-appeal candidate?
No — 1116 Lakewood 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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