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1441 Margaretha Ave

Albert Lea, MN 56007

4 bd 2 ba 1,410 sqft Built 1954 Lot 6,882 sqft single_family
Most recent sale
$189,900
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 21, 2022 Sold $189,900 MLS #6219615
Jun 15, 2022 Listed $189,900 MLS #6219615
May 26, 2020 Sold $60,000 MLS #5324172
Mar 24, 2020 Price changed $69,500 MLS #5324172
Oct 22, 2019 Listed $89,000 MLS #5324172
Jan 1, 2015 Sold $90,000 Public Record
Jun 2, 2008 Sold $90,000 Public Record
Aug 18, 2006 Sold $88,500 MLS #2921616
Jul 18, 2006 Listed $93,900 MLS #2921616

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $33,800 $1,616
2019 $71,800 $8,700 $80,500 $1,544
2018 $68,600 $8,200 $76,800 $1,290
2017 $62,200 $8,200 $70,400 $1,254
2016 $62,400 $10,300 $72,700 $1,212
2015 $60,000 $10,300 $70,300 $1,174
2014 $60,200 $10,300 $70,500 $1,266
2013 $65,600 $10,300 $75,900 $1,404
2012 $65,900 $10,300 $76,200 $1,526
2011 $70,600 $13,500 $84,100 $1,382
2009 $74,300 $13,500 $87,800 $1,596
2008 $87,400 $13,500 $100,900 $1,536
2007 $87,400 $13,500 $100,900 $1,066

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,410 sqft
Lot size
6,882 sqft
ZIP code
56007
City
Albert Lea
Street
Margaretha Ave
Coordinates
43.63361, -93.35833

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
$2,115
Gross rental yield
13.36%
Implied cap rate
8.69%
Trend-extrapolated value

Frequently asked questions

When did 1441 Margaretha Ave last sell?
1441 Margaretha Ave most recently sold on Jul 21, 2022 for $189,900.
What is the current tax assessment for 1441 Margaretha Ave?
The most recent total assessment for 1441 Margaretha Ave (year 2020) is $33,800 with $1,616 in property tax.
How does 1441 Margaretha Ave's assessment compare to its last sale price?
The current assessment is 82.2% below the last sale price of $189,900.
When was 1441 Margaretha Ave built?
1441 Margaretha Ave was built in 1954.
How does 1441 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 1441 Margaretha Ave?
1441 Margaretha Ave is a 4 bed, 2 bath, 1,410 sqft, 6,882 sqft lot single_family.
Is 1441 Margaretha Ave a flip candidate?
No — 1441 Margaretha Ave does not appear in our flips dataset.
Is 1441 Margaretha Ave a tax-appeal candidate?
No — 1441 Margaretha Ave 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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