1959 Lakewood Ave
Albert Lea, MN 56007
2 bd 2 ba 1,812 sqft Built 1988 Lot 6,970 sqft townhomes
Most recent sale
$245,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $245,000 | MLS #6204360 |
| Jun 1, 2022 | Listed | $259,900 | MLS #6204360 |
| Jul 25, 2012 | Listing removed | $169,000 | Mankato |
| Sep 28, 2007 | Sold | $160,000 | MLS #2930487 |
| May 21, 2007 | Listed | $169,000 | MLS #4315107 |
| Jun 25, 2001 | Sold | $146,900 | MLS #1010841 |
| Apr 23, 2001 | Listed | $146,900 | MLS #1010841 |
| Dec 10, 2000 | Listing removed | $145,900 | Southeastminnesota |
| Mar 14, 2000 | Listed | $145,900 | MLS #1010268 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $126,200 | $2,402 |
| 2019 | — | — | $129,700 | $2,144 |
| 2018 | — | — | $116,300 | $2,088 |
| 2017 | $97,472 | $14,228 | $111,700 | $1,992 |
| 2016 | $99,025 | $14,275 | $113,300 | $2,018 |
| 2015 | $100,579 | $14,321 | $114,900 | $1,980 |
| 2014 | $102,221 | $14,379 | $116,600 | $2,010 |
| 2013 | $103,484 | $14,416 | $117,900 | $2,142 |
| 2012 | $98,731 | $14,269 | $113,000 | $2,534 |
| 2011 | $121,006 | $16,294 | $137,300 | $2,378 |
| 2009 | $141,100 | $19,000 | $160,100 | $2,320 |
| 2008 | $141,100 | $21,000 | $162,100 | $2,240 |
| 2007 | $128,300 | $19,100 | $147,400 | $1,884 |
Property facts
Year built
1988
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,812 sqft
Lot size
6,970 sqft
ZIP code
56007
City
Albert Lea
Street
Lakewood Ave
Coordinates
43.67053, -93.36969
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,718
Gross rental yield
13.31%
Implied cap rate
8.65%
Trend-extrapolated value
—
Frequently asked questions
When did 1959 Lakewood Ave last sell?
1959 Lakewood Ave most recently sold on Aug 1, 2022 for $245,000.
What is the current tax assessment for 1959 Lakewood Ave?
The most recent total assessment for 1959 Lakewood Ave (year 2020) is $126,200 with $2,402 in property tax.
How does 1959 Lakewood Ave's assessment compare to its last sale price?
The current assessment is 48.5% below the last sale price of $245,000.
When was 1959 Lakewood Ave built?
1959 Lakewood Ave was built in 1988.
How does 1959 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 1959 Lakewood Ave?
1959 Lakewood Ave is a 2 bed, 2 bath, 1,812 sqft, 6,970 sqft lot townhomes.
Is 1959 Lakewood Ave a flip candidate?
No — 1959 Lakewood Ave does not appear in our flips dataset.
Is 1959 Lakewood Ave a tax-appeal candidate?
No — 1959 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