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316 Meredith Rd

Albert Lea, MN 56007

4 bd 4 ba 2,652 sqft Built 1958 Lot 11,874 sqft single_family
Most recent sale
$349,900
Jun 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2024 Price changed $340,000 NorthstarMLS
Nov 3, 2023 Price changed $348,900 NorthstarMLS
Jul 5, 2023 Listed $354,900 NorthstarMLS
Jun 30, 2023 Sold $349,900 NorthstarMLS
Apr 24, 2023 Listed $349,900 NorthstarMLS
Dec 26, 1997 Sold $128,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $217,100 $4,268
2021 $212,600 $4,242
2020 $208,100 $4,162
2019 $197,500 $3,960
2018 $150,813 $24,087 $174,900 $3,622
2017 $149,927 $18,473 $168,400 $3,340
2016 $144,238 $18,362 $162,600 $3,256
2015 $135,924 $18,176 $154,100 $3,040
2014 $133,974 $18,126 $152,100 $3,060
2013 $134,171 $18,129 $152,300 $2,840
2012 $144,395 $17,905 $162,300 $2,974
2011 $191,600 $20,200 $211,800 $2,770
2009 $191,600 $211,800 $3,138
2007 $182,500 $19,200 $201,700 $2,066

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
2,652 sqft
Lot size
11,874 sqft
ZIP code
56007
City
Albert Lea
Street
Meredith Rd
Coordinates
43.66454, -93.37900

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
$3,978
Gross rental yield
13.64%
Implied cap rate
8.87%
Trend-extrapolated value

Frequently asked questions

When did 316 Meredith Rd last sell?
316 Meredith Rd most recently sold on Jun 30, 2023 for $349,900.
What is the current tax assessment for 316 Meredith Rd?
The most recent total assessment for 316 Meredith Rd (year 2022) is $217,100 with $4,268 in property tax.
How does 316 Meredith Rd's assessment compare to its last sale price?
The current assessment is 38.0% below the last sale price of $349,900.
When was 316 Meredith Rd built?
316 Meredith Rd was built in 1958.
How does 316 Meredith Rd compare to others on Meredith Rd?
We track 8 other properties on Meredith Rd. Browse the list under "Other properties on Meredith Rd" to compare beds, baths, and sale history.
What are the property facts for 316 Meredith Rd?
316 Meredith Rd is a 4 bed, 4 bath, 2,652 sqft, 11,874 sqft lot single_family.
Is 316 Meredith Rd a flip candidate?
No — 316 Meredith Rd does not appear in our flips dataset.
Is 316 Meredith Rd a tax-appeal candidate?
No — 316 Meredith 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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