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1811 Lakewood Ave

Albert Lea, MN 56007

2 bd 1 ba 1,163 sqft Built 1980 Lot 3,001 sqft townhomes
Most recent sale
$85,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 15, 2025 Sold $115,000 NorthstarMLS
Oct 13, 2024 Price changed $117,400 NorthstarMLS
Sep 22, 2024 Price changed $119,900 NorthstarMLS
Sep 7, 2024 Price changed $122,900 NorthstarMLS
Sep 4, 2024 Listed $132,900 NorthstarMLS
May 20, 2022 Sold $85,000 MLS #6173613
Apr 5, 2022 Listed $94,900 MLS #6173613
Jan 18, 2019 Sold $70,000 MLS #5033133
Dec 10, 2018 Sold $70,000 Public Record
Dec 10, 2018 Listed $75,900 MLS #5033133
Aug 8, 2018 Price changed $75,900 MLS #4087486
May 2, 2018 Listed $80,900 MLS #4087486
May 1, 2018 Listed $75,900 MLS #5033133
Jan 1, 2018 Sold $70,000 Public Record
Aug 14, 2015 Sold $62,900 MLS #4046086
Mar 11, 2015 Price changed $64,900 MLS #4046086
Jan 1, 2015 Sold $64,900 Public Record
Apr 17, 2014 Price changed $69,900 MLS #4046086
Dec 3, 2013 Price changed $74,900 MLS #4046086
Jun 10, 2013 Listed $79,900 MLS #4046086
Apr 26, 2004 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $57,900 $1,038
2023 $72,700 $1,208
2022 $50,900 $1,018
2021 $52,100 $1,048
2020 $52,100 $948
2019 $46,600 $1,264
2018 $61,400 $8,300 $69,700 $1,228
2017 $58,700 $8,300 $67,000 $1,170
2016 $59,400 $8,300 $67,700 $1,164
2015 $59,100 $8,300 $67,400 $758
2014 $35,922 $4,978 $40,900 $926
2013 $45,197 $5,203 $50,400 $1,050
2012 $46,441 $5,259 $51,700 $1,090
2011 $49,734 $5,266 $55,000 $1,094
2009 $76,500 $8,100 $84,600 $1,084
2008 $78,800 $8,100 $86,900 $1,028
2007 $71,600 $7,400 $79,000 $848

Property facts

Year built
1980
Property type
townhomes
Stories
1
Beds
2
Baths
1
Living area
1,163 sqft
Lot size
3,001 sqft
ZIP code
56007
City
Albert Lea
Street
Lakewood Ave
Coordinates
43.66666, -93.36996

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
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1811 Lakewood Ave last sell?
1811 Lakewood Ave most recently sold on May 20, 2022 for $85,000.
What is the current tax assessment for 1811 Lakewood Ave?
The most recent total assessment for 1811 Lakewood Ave (year 2025) is $57,900 with $1,038 in property tax.
How does 1811 Lakewood Ave's assessment compare to its last sale price?
The current assessment is 31.9% below the last sale price of $85,000.
When was 1811 Lakewood Ave built?
1811 Lakewood Ave was built in 1980.
How does 1811 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 1811 Lakewood Ave?
1811 Lakewood Ave is a 2 bed, 1 bath, 1,163 sqft, 3,001 sqft lot townhomes.
Is 1811 Lakewood Ave a flip candidate?
No — 1811 Lakewood Ave does not appear in our flips dataset.
Is 1811 Lakewood Ave a tax-appeal candidate?
No — 1811 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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