1314 Martin Rd
Albert Lea, MN 56007
5 bd 3 ba 2,890 sqft Built 1979 Lot 11,979 sqft single_family
Most recent sale
$325,000
Dec 15, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 15, 2023 | Sold | $325,000 | NorthstarMLS |
| Nov 14, 2023 | Price changed | $350,000 | NorthstarMLS |
| Oct 30, 2023 | Price changed | $340,000 | NorthstarMLS |
| Sep 27, 2023 | Listed | $349,900 | NorthstarMLS |
| Jul 24, 2020 | Sold | $250,000 | NorthstarMLS |
| Mar 14, 2020 | Listed | $249,900 | NorthstarMLS |
| Mar 1, 2020 | Listing removed | $257,500 | NorthstarMLS |
| Mar 11, 2019 | Listing removed | $258,900 | NorthstarMLS |
| Dec 10, 2018 | Listing removed | $258,900 | GreaterLakes |
| Nov 5, 2018 | Listing removed | $258,900 | Southeastminnesota |
| Nov 4, 2018 | Listing removed | $258,900 | Southeastminnesota |
| May 10, 2018 | Listed | $258,900 | Southeastminnesota |
| Jan 30, 2004 | Sold | $149,000 | Southeastminnesota |
| Apr 30, 2003 | Listed | $164,900 | Southeastminnesota |
| Dec 5, 2002 | Listing removed | $159,000 | Southeastminnesota |
| Dec 12, 2001 | Listed | $159,000 | Southeastminnesota |
| Feb 7, 2001 | Listing removed | $207,900 | Southeastminnesota |
| Aug 8, 2000 | Listed | $207,900 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $225,000 | $4,044 |
| 2021 | — | — | $226,900 | $4,118 |
| 2020 | — | — | $223,700 | $4,220 |
| 2019 | — | — | $212,400 | $3,998 |
| 2018 | $162,569 | $24,731 | $187,300 | $3,616 |
| 2017 | $161,816 | $18,984 | $180,800 | $3,318 |
| 2016 | $148,671 | $18,729 | $167,400 | $3,102 |
| 2015 | $142,018 | $18,582 | $160,600 | $2,908 |
| 2014 | $150,637 | $18,763 | $169,400 | $3,070 |
| 2013 | $152,110 | $18,790 | $170,900 | $3,412 |
| 2012 | $134,314 | $17,686 | $152,000 | $3,044 |
| 2011 | $180,500 | $20,200 | $200,700 | $2,918 |
| 2009 | $180,500 | — | $200,700 | $2,956 |
| 2007 | $171,900 | $19,300 | $191,200 | $2,408 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,890 sqft
Lot size
11,979 sqft
ZIP code
56007
City
Albert Lea
Street
Martin Rd
Coordinates
43.66538, -93.38337
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1314 Martin Rd last sell?
1314 Martin Rd most recently sold on Dec 15, 2023 for $325,000.
What is the current tax assessment for 1314 Martin Rd?
The most recent total assessment for 1314 Martin Rd (year 2022) is $225,000 with $4,044 in property tax.
How does 1314 Martin Rd's assessment compare to its last sale price?
The current assessment is 30.8% below the last sale price of $325,000.
When was 1314 Martin Rd built?
1314 Martin Rd was built in 1979.
How does 1314 Martin Rd compare to others on Martin Rd?
We track 8 other properties on Martin Rd. Browse the list under "Other properties on Martin Rd" to compare beds, baths, and sale history.
What are the property facts for 1314 Martin Rd?
1314 Martin Rd is a 5 bed, 3 bath, 2,890 sqft, 11,979 sqft lot single_family.
Is 1314 Martin Rd a flip candidate?
No — 1314 Martin Rd does not appear in our flips dataset.
Is 1314 Martin Rd a tax-appeal candidate?
No — 1314 Martin Rd 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 Martin Rd