1924 Lakewood Ave
Albert Lea, MN 56007
3 bd 2 ba 2,239 sqft Built 1991 Lot 5,702 sqft townhomes
Most recent sale
$259,000
May 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 16, 2022 | Sold | $259,000 | MLS #6149833 |
| Apr 26, 2022 | Listed | $259,900 | MLS #6149833 |
| Jul 15, 1999 | Sold | $162,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $210,100 | $3,350 |
| 2023 | — | — | $208,300 | $3,210 |
| 2022 | — | — | $168,100 | $3,054 |
| 2021 | — | — | $155,100 | $2,858 |
| 2020 | — | — | $155,100 | $2,924 |
| 2019 | — | — | $159,500 | $2,666 |
| 2018 | — | — | $146,300 | $2,594 |
| 2017 | $127,984 | $12,316 | $140,300 | $2,442 |
| 2016 | $127,984 | $12,316 | $140,300 | $2,472 |
| 2015 | $129,945 | $12,355 | $142,300 | $2,420 |
| 2014 | $131,716 | $12,384 | $144,100 | $2,674 |
| 2013 | $146,467 | $12,633 | $159,100 | $2,866 |
| 2012 | $139,927 | $13,773 | $153,700 | $3,192 |
| 2011 | $157,536 | $17,164 | $174,700 | $2,962 |
| 2009 | $175,300 | $19,100 | $194,400 | $2,864 |
| 2008 | $175,300 | — | $195,100 | $2,772 |
| 2007 | $159,400 | $18,000 | $177,400 | $2,338 |
Property facts
Year built
1991
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
2,239 sqft
Lot size
5,702 sqft
ZIP code
56007
City
Albert Lea
Street
Lakewood Ave
Coordinates
43.66921, -93.36913
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,554
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1924 Lakewood Ave last sell?
1924 Lakewood Ave most recently sold on May 16, 2022 for $259,000.
What is the current tax assessment for 1924 Lakewood Ave?
The most recent total assessment for 1924 Lakewood Ave (year 2025) is $210,100 with $3,350 in property tax.
How does 1924 Lakewood Ave's assessment compare to its last sale price?
The current assessment is 18.9% below the last sale price of $259,000.
When was 1924 Lakewood Ave built?
1924 Lakewood Ave was built in 1991.
How does 1924 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 1924 Lakewood Ave?
1924 Lakewood Ave is a 3 bed, 2 bath, 2,239 sqft, 5,702 sqft lot townhomes.
Is 1924 Lakewood Ave a flip candidate?
No — 1924 Lakewood Ave does not appear in our flips dataset.
Is 1924 Lakewood Ave a tax-appeal candidate?
No — 1924 Lakewood Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$243.6K
2026 Q4
$249.7K
ZIP 56007 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakewood Ave