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909 Luther Pl

Albert Lea, MN 56007

1 bd 1 ba 753 sqft Built 1983 Lot 3,920 sqft condos
Most recent sale
$80,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $80,000 MLS #6173728
Apr 4, 2022 Listed $89,000 MLS #6173728
Oct 7, 2021 Price changed $89,000 MLS #6092013
Aug 31, 2021 Listed $99,900 MLS #6092013
Oct 3, 2016 Sold $75,000 MLS #4073612
Aug 19, 2016 Listed $79,900 MLS #4073612
Jan 1, 2016 Sold $75,100 Public Record
Aug 3, 2011 Sold $86,535 Public Record
Dec 29, 2010 Sold $70,000 Public Record
May 5, 2010 Listing removed $79,900 Southeastminnesota
May 5, 2009 Listed $79,900 MLS #4011857
Oct 15, 2008 Listing removed $94,900 Southeastminnesota
Apr 18, 2008 Listed $94,900 MLS #4002813
Mar 28, 2003 Sold $65,000 MLS #2792510
Oct 7, 2002 Listed $74,900 MLS #2792510

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $46,300 $844
2023 $77,600 $1,280
2022 $46,900 $948
2021 $47,900 $974
2020 $50,000 $1,008
2019 $52,900 $1,040
2018 $46,550 $7,350 $53,900 $1,068
2017 $47,398 $7,402 $54,800 $1,020
2016 $44,762 $7,238 $52,000 $972
2015 $45,608 $7,292 $52,900 $958
2014 $42,033 $7,067 $49,100 $904
2013 $40,351 $6,949 $47,300 $972
2012 $37,140 $7,560 $44,700 $906
2011 $61,900 $12,600 $74,500 $930
2009 $61,900 $74,500 $888
2007 $61,900 $5,700 $67,600 $716

Property facts

Year built
1983
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
753 sqft
Lot size
3,920 sqft
ZIP code
56007
City
Albert Lea
Street
Luther Pl
Coordinates
43.65726, -93.39100

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
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 909 Luther Pl last sell?
909 Luther Pl most recently sold on Jun 10, 2022 for $80,000.
What is the current tax assessment for 909 Luther Pl?
The most recent total assessment for 909 Luther Pl (year 2025) is $46,300 with $844 in property tax.
How does 909 Luther Pl's assessment compare to its last sale price?
The current assessment is 42.1% below the last sale price of $80,000.
When was 909 Luther Pl built?
909 Luther Pl was built in 1983.
How does 909 Luther Pl compare to others on Luther Pl?
We track 8 other properties on Luther Pl. Browse the list under "Other properties on Luther Pl" to compare beds, baths, and sale history.
What are the property facts for 909 Luther Pl?
909 Luther Pl is a 1 bed, 1 bath, 753 sqft, 3,920 sqft lot condos.
Is 909 Luther Pl a flip candidate?
No — 909 Luther Pl does not appear in our flips dataset.
Is 909 Luther Pl a tax-appeal candidate?
No — 909 Luther Pl 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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