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1434 Martin Rd

Albert Lea, MN 56007

2 bd 2 ba 1,347 sqft Built 1977 Lot 3,920 sqft condos
Most recent sale
$165,000
Jan 2, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 2, 2024 Sold $165,000 NorthstarMLS
Aug 15, 2023 Listed $165,000 NorthstarMLS
Mar 18, 2019 Listing removed $110,000 NorthstarMLS
Mar 11, 2019 Listing removed $82,500 NorthstarMLS
Dec 11, 2018 Listing removed $82,500 NorthstarMLS
Dec 10, 2018 Listing removed $82,500 GreaterLakes
Dec 15, 2011 Listing removed $82,500 Southeastminnesota
Nov 11, 2011 Price changed $82,500 Southeastminnesota
Sep 8, 2011 Listed $90,000 Southeastminnesota
May 10, 2011 Listed $82,500 NorthstarMLS
Apr 10, 2010 Listing removed $110,000 Southeastminnesota
Sep 11, 2008 Listed $118,900 Southeastminnesota
Sep 8, 2008 Listed $110,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $48,900 $982
2021 $45,600 $934
2020 $41,900 $860
2019 $39,500 $796
2018 $29,433 $5,767 $35,200 $718
2017 $29,743 $5,757 $35,500 $682
2016 $28,740 $5,760 $34,500 $662
2015 $49,200 $9,600 $58,800 $1,016
2014 $49,900 $9,600 $59,500 $1,032
2013 $52,000 $9,600 $61,600 $1,174
2012 $57,437 $8,863 $66,300 $1,324
2011 $82,300 $12,700 $95,000 $1,308
2009 $82,300 $95,000 $1,258
2007 $82,300 $11,300 $93,600 $1,068

Property facts

Year built
1977
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,347 sqft
Lot size
3,920 sqft
ZIP code
56007
City
Albert Lea
Street
Martin Rd
Coordinates
43.66568, -93.38576

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
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1434 Martin Rd last sell?
1434 Martin Rd most recently sold on Jan 2, 2024 for $165,000.
What is the current tax assessment for 1434 Martin Rd?
The most recent total assessment for 1434 Martin Rd (year 2022) is $48,900 with $982 in property tax.
How does 1434 Martin Rd's assessment compare to its last sale price?
The current assessment is 70.4% below the last sale price of $165,000.
When was 1434 Martin Rd built?
1434 Martin Rd was built in 1977.
How does 1434 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 1434 Martin Rd?
1434 Martin Rd is a 2 bed, 2 bath, 1,347 sqft, 3,920 sqft lot condos.
Is 1434 Martin Rd a flip candidate?
No — 1434 Martin Rd does not appear in our flips dataset.
Is 1434 Martin Rd a tax-appeal candidate?
No — 1434 Martin Rd 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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