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1419 Margaretha Ave

Albert Lea, MN 56007

3 bd 1 ba 870 sqft Built 1952 Lot 6,882 sqft single_family
Most recent sale
$75,000
Mar 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $115,000 Public Record
May 10, 2022 Listed $115,000 MLS #6193449
Mar 8, 2022 Sold $75,000 MLS #6081716
Jan 21, 2022 Price changed $85,000 MLS #6081716
Dec 21, 2021 Price changed $89,900 MLS #6081716
Dec 7, 2021 Price changed $93,000 MLS #6081716
Nov 1, 2021 Price changed $99,000 MLS #6081716
Oct 24, 2021 Relisted $114,000 MLS #6081716
Sep 7, 2021 Listing removed $114,900 NorthstarMLS
Aug 9, 2021 Listed $114,900 MLS #6081716
Mar 18, 2019 Listing removed $74,900 NorthstarMLS
Mar 11, 2019 Listing removed $84,900 NorthstarMLS
Dec 20, 2018 Listing removed $74,900 Southeastminnesota
Dec 19, 2018 Listing removed $74,900 Southeastminnesota
Dec 11, 2018 Listing removed $84,900 NorthstarMLS
Dec 10, 2018 Listing removed $74,900 GreaterLakes
Jun 20, 2017 Sold $72,000 Public Record
Jan 1, 2017 Sold $72,000 Public Record
Dec 1, 2015 Sold $70,000 Public Record
Jan 30, 2015 Sold $62,000 Public Record
Jan 1, 2015 Sold $62,000 Public Record
Oct 11, 2014 Listing removed $74,900 Southeastminnesota
Jul 1, 2014 Price changed $74,900 MLS #4052662
Jun 4, 2014 Price changed $79,900 MLS #4052662
Apr 12, 2014 Listed $84,900 MLS #4052662
Apr 11, 2014 Listed $74,900 MLS #5124156
Sep 14, 2011 Listing removed $84,900 Southeastminnesota
Sep 8, 2011 Listed $84,900 MLS #4031844
Aug 28, 2011 Listed $84,900 MLS #5095679
Dec 3, 2001 Sold $55,900 MLS #2499307
Oct 3, 2001 Listed $53,900 MLS #2499307

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $124,700 $8,700 $133,400 $2,234
2023 $79,000 $8,700 $87,700 $1,500
2022 $60,900 $8,700 $69,600 $1,408
2021 $59,100 $8,700 $67,800 $1,392
2020 $59,100 $8,700 $67,800 $1,324
2019 $55,300 $8,700 $64,000 $1,264
2018 $52,800 $8,200 $61,000 $896
2017 $40,200 $8,200 $48,400 $882
2016 $40,300 $10,300 $50,600 $532
2015 $21,225 $6,175 $27,400 $520
2014 $21,329 $6,171 $27,500 $538
2013 $22,124 $6,176 $28,300 $692
2012 $26,924 $6,176 $33,100 $654
2011 $23,700 $8,100 $31,800 $670
2009 $41,600 $13,500 $55,100 $748
2008 $48,900 $13,500 $62,400 $700
2007 $48,900 $13,500 $62,400 $586

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
870 sqft
Lot size
6,882 sqft
ZIP code
56007
City
Albert Lea
Street
Margaretha Ave
Coordinates
43.63469, -93.35833

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1419 Margaretha Ave last sell?
1419 Margaretha Ave most recently sold on Mar 8, 2022 for $75,000.
What is the current tax assessment for 1419 Margaretha Ave?
The most recent total assessment for 1419 Margaretha Ave (year 2025) is $133,400 with $2,234 in property tax.
How does 1419 Margaretha Ave's assessment compare to its last sale price?
The current assessment is 77.9% above the last sale price of $75,000.
When was 1419 Margaretha Ave built?
1419 Margaretha Ave was built in 1952.
How does 1419 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 1419 Margaretha Ave?
1419 Margaretha Ave is a 3 bed, 1 bath, 870 sqft, 6,882 sqft lot single_family.
Is 1419 Margaretha Ave a flip candidate?
Yes — 1419 Margaretha Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1419 Margaretha Ave a tax-appeal candidate?
Yes — 1419 Margaretha Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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