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1504 Louis St

Albert Lea, MN 56007

3 bd 1 ba 1,264 sqft Built 1950 Lot 9,017 sqft single_family
Most recent sale
$125,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $125,000 MLS #6206215
Jun 2, 2022 Listed $123,000 MLS #6206215
Oct 10, 2007 Sold $64,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $41,900 $828
2019 $40,200 $678
2018 $33,300 $690
2017 $29,006 $4,794 $33,800 $606
2016 $24,404 $6,896 $31,300 $576
2015 $22,891 $6,909 $29,800 $596
2014 $24,900 $6,900 $31,800 $628
2013 $26,400 $6,900 $33,300 $764
2012 $29,792 $6,908 $36,700 $930
2011 $39,162 $6,738 $45,900 $954
2009 $65,100 $11,200 $76,300 $910
2008 $65,100 $76,300 $858
2007 $62,000 $10,700 $72,700 $720

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,264 sqft
Lot size
9,017 sqft
ZIP code
56007
City
Albert Lea
Street
Louis St
Coordinates
43.65286, -93.38736

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
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1504 Louis St last sell?
1504 Louis St most recently sold on Jul 14, 2022 for $125,000.
What is the current tax assessment for 1504 Louis St?
The most recent total assessment for 1504 Louis St (year 2020) is $41,900 with $828 in property tax.
How does 1504 Louis St's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $125,000.
When was 1504 Louis St built?
1504 Louis St was built in 1950.
How does 1504 Louis St compare to others on Louis St?
We track 8 other properties on Louis St. Browse the list under "Other properties on Louis St" to compare beds, baths, and sale history.
What are the property facts for 1504 Louis St?
1504 Louis St is a 3 bed, 1 bath, 1,264 sqft, 9,017 sqft lot single_family.
Is 1504 Louis St a flip candidate?
No — 1504 Louis St does not appear in our flips dataset.
Is 1504 Louis St a tax-appeal candidate?
No — 1504 Louis St 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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