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1718 Lakewood Ave

Albert Lea, MN 56007

2 bd 2 ba 2,068 sqft Built 1984 Lot 6,665 sqft townhomes
Most recent sale
$205,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $205,000 MLS #6197745
May 18, 2022 Listed $199,900 MLS #6197745
Feb 27, 2007 Sold $161,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $121,400 $2,256
2019 $109,100 $2,018
2018 $91,271 $13,429 $104,700 $1,964
2017 $92,821 $13,479 $106,300 $1,876
2016 $94,372 $13,528 $107,900 $1,900
2015 $104,358 $13,842 $118,200 $2,006
2014 $100,861 $13,739 $114,600 $1,958
2013 $96,598 $13,602 $110,200 $2,092
2012 $105,499 $18,701 $124,200 $2,304
2011 $125,800 $22,300 $148,100 $2,174
2009 $125,800 $146,200 $2,058
2007 $125,800 $20,400 $146,200 $1,866

Property facts

Year built
1984
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
2,068 sqft
Lot size
6,665 sqft
ZIP code
56007
City
Albert Lea
Street
Lakewood Ave
Coordinates
43.66606, -93.36920

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
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1718 Lakewood Ave last sell?
1718 Lakewood Ave most recently sold on Jul 22, 2022 for $205,000.
What is the current tax assessment for 1718 Lakewood Ave?
The most recent total assessment for 1718 Lakewood Ave (year 2020) is $121,400 with $2,256 in property tax.
How does 1718 Lakewood Ave's assessment compare to its last sale price?
The current assessment is 40.8% below the last sale price of $205,000.
When was 1718 Lakewood Ave built?
1718 Lakewood Ave was built in 1984.
How does 1718 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 1718 Lakewood Ave?
1718 Lakewood Ave is a 2 bed, 2 bath, 2,068 sqft, 6,665 sqft lot townhomes.
Is 1718 Lakewood Ave a flip candidate?
No — 1718 Lakewood Ave does not appear in our flips dataset.
Is 1718 Lakewood Ave a tax-appeal candidate?
No — 1718 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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