1420 Martin Rd
Albert Lea, MN 56007
2 bd 3 ba 1,829 sqft Built 1977 Lot 4,356 sqft townhomes
Most recent sale
$163,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 28, 2023 | Sold | $163,000 | NorthstarMLS |
| May 27, 2022 | Sold | $163,000 | MLS #6178170 |
| Apr 18, 2022 | Listed | $159,900 | MLS #6178170 |
| Jun 23, 2006 | Sold | $115,000 | MLS #2919622 |
| May 22, 2006 | Listed | $120,000 | MLS #2919622 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $121,600 | $2,006 |
| 2023 | — | — | $95,600 | $1,546 |
| 2022 | — | — | $71,900 | $1,382 |
| 2021 | — | — | $67,800 | $1,324 |
| 2020 | — | — | $59,200 | $1,168 |
| 2019 | — | — | $44,400 | $890 |
| 2018 | $32,957 | $6,543 | $39,500 | $828 |
| 2017 | $33,463 | $6,537 | $40,000 | $792 |
| 2016 | $35,357 | $6,543 | $41,900 | $828 |
| 2015 | $36,266 | $6,534 | $42,800 | $822 |
| 2014 | $36,857 | $6,543 | $43,400 | $840 |
| 2013 | $38,366 | $6,534 | $44,900 | $962 |
| 2012 | $81,599 | $11,201 | $92,800 | $1,788 |
| 2011 | $104,900 | $14,400 | $119,300 | $1,722 |
| 2009 | $104,900 | — | $119,300 | $1,658 |
| 2007 | $104,900 | $11,300 | $116,200 | $1,160 |
Property facts
Year built
1977
Property type
townhomes
Stories
1
Beds
2
Baths
3
Living area
1,829 sqft
Lot size
4,356 sqft
ZIP code
56007
City
Albert Lea
Street
Martin Rd
Coordinates
43.66563, -93.38515
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$978
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1420 Martin Rd last sell?
1420 Martin Rd most recently sold on May 27, 2022 for $163,000.
What is the current tax assessment for 1420 Martin Rd?
The most recent total assessment for 1420 Martin Rd (year 2025) is $121,600 with $2,006 in property tax.
How does 1420 Martin Rd's assessment compare to its last sale price?
The current assessment is 25.4% below the last sale price of $163,000.
When was 1420 Martin Rd built?
1420 Martin Rd was built in 1977.
How does 1420 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 1420 Martin Rd?
1420 Martin Rd is a 2 bed, 3 bath, 1,829 sqft, 4,356 sqft lot townhomes.
Is 1420 Martin Rd a flip candidate?
No — 1420 Martin Rd does not appear in our flips dataset.
Is 1420 Martin Rd a tax-appeal candidate?
No — 1420 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