1311 Margaretha Ave
Albert Lea, MN 56007
2 bd 1 ba 1,040 sqft Built 1949 Lot 5,227 sqft single_family
Most recent sale
$92,900
Apr 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 28, 2022 | Sold | $92,900 | MLS #6174229 |
| Apr 5, 2022 | Listed | $92,900 | MLS #6174229 |
| Jun 26, 2017 | Sold | $37,744 | Public Record |
| Jan 1, 2017 | Sold | $37,744 | Public Record |
| May 26, 2011 | Listing removed | $64,900 | Southeastminnesota |
| Jul 10, 2009 | Price changed | $64,900 | MLS #2928886 |
| Apr 16, 2009 | Listed | $69,900 | MLS #2928886 |
| Jun 15, 2006 | Sold | $62,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $85,900 | $9,900 | $95,800 | $1,540 |
| 2023 | — | — | $34,000 | $618 |
| 2022 | — | — | $30,400 | $634 |
| 2021 | — | — | $27,100 | $576 |
| 2020 | — | — | $27,100 | $558 |
| 2019 | — | — | $26,200 | $472 |
| 2018 | — | — | $22,600 | $460 |
| 2017 | $18,454 | $3,546 | $22,000 | $660 |
| 2016 | $32,400 | $5,000 | $37,400 | $618 |
| 2015 | $29,900 | $5,000 | $34,900 | $596 |
| 2014 | $29,900 | $5,000 | $34,900 | $598 |
| 2013 | $29,900 | $5,000 | $34,900 | $802 |
| 2012 | $37,800 | $5,000 | $42,800 | $770 |
| 2011 | $35,600 | $6,000 | $41,600 | $698 |
| 2009 | $39,500 | $6,000 | $45,500 | $788 |
| 2008 | $42,900 | — | $48,900 | $766 |
| 2007 | $37,300 | $6,500 | $43,800 | $582 |
Property facts
Year built
1949
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,040 sqft
Lot size
5,227 sqft
ZIP code
56007
City
Albert Lea
Street
Margaretha Ave
Coordinates
43.63629, -93.35834
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$557
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1311 Margaretha Ave last sell?
1311 Margaretha Ave most recently sold on Apr 28, 2022 for $92,900.
What is the current tax assessment for 1311 Margaretha Ave?
The most recent total assessment for 1311 Margaretha Ave (year 2025) is $95,800 with $1,540 in property tax.
How does 1311 Margaretha Ave's assessment compare to its last sale price?
The current assessment is 3.1% above the last sale price of $92,900.
When was 1311 Margaretha Ave built?
1311 Margaretha Ave was built in 1949.
How does 1311 Margaretha Ave compare to others on Margaretha Ave?
We track 8 other properties on Margaretha Ave. Browse the list under "Other properties on Margaretha Ave" to compare beds, baths, and sale history.
What are the property facts for 1311 Margaretha Ave?
1311 Margaretha Ave is a 2 bed, 1 bath, 1,040 sqft, 5,227 sqft lot single_family.
Is 1311 Margaretha Ave a flip candidate?
No — 1311 Margaretha Ave does not appear in our flips dataset.
Is 1311 Margaretha Ave a tax-appeal candidate?
No — 1311 Margaretha 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 Margaretha Ave