717 Minnesota Ave
Albert Lea, MN 56007
5 bd 2 ba 1,785 sqft Built 1916 Lot 6,000 sqft multi_family
Most recent sale
$96,000
Sep 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 12, 2024 | Listed | $129,900 | NorthstarMLS |
| Sep 20, 2022 | Sold | $96,000 | Public Record |
| Jan 28, 2016 | Sold | $38,500 | Southeastminnesota |
| Oct 19, 2015 | Price changed | $44,900 | Southeastminnesota |
| Apr 22, 2015 | Price changed | $49,900 | Southeastminnesota |
| Apr 21, 2015 | Listed | $55,000 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $84,900 | $8,200 | $93,100 | $1,498 |
| 2023 | $77,900 | $8,200 | $86,100 | $1,598 |
| 2022 | $35,000 | $8,200 | $43,200 | $814 |
| 2021 | $31,500 | $8,200 | $39,700 | $758 |
| 2020 | $36,800 | $8,200 | $45,000 | $848 |
| 2019 | $33,300 | $7,300 | $40,600 | $752 |
| 2018 | $31,500 | $7,300 | $38,800 | $726 |
| 2017 | $18,916 | $4,384 | $23,300 | $458 |
| 2016 | $23,623 | $4,377 | $28,000 | $544 |
| 2015 | $23,640 | $4,560 | $28,200 | $532 |
| 2014 | $24,943 | $4,557 | $29,500 | $560 |
| 2013 | $25,037 | $4,563 | $29,600 | $622 |
| 2012 | $29,846 | $5,454 | $35,300 | $722 |
| 2011 | $51,000 | $8,800 | $59,800 | $722 |
| 2009 | $52,800 | — | $61,600 | $738 |
| 2007 | $55,000 | $8,400 | $63,400 | $588 |
Property facts
Year built
1916
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
1,785 sqft
Lot size
6,000 sqft
ZIP code
56007
City
Albert Lea
Street
Minnesota Ave
Coordinates
43.65584, -93.35797
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$576
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 717 Minnesota Ave last sell?
717 Minnesota Ave most recently sold on Sep 20, 2022 for $96,000.
What is the current tax assessment for 717 Minnesota Ave?
The most recent total assessment for 717 Minnesota Ave (year 2025) is $93,100 with $1,498 in property tax.
How does 717 Minnesota Ave's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $96,000.
When was 717 Minnesota Ave built?
717 Minnesota Ave was built in 1916.
How does 717 Minnesota Ave compare to others on Minnesota Ave?
We track 8 other properties on Minnesota Ave. Browse the list under "Other properties on Minnesota Ave" to compare beds, baths, and sale history.
What are the property facts for 717 Minnesota Ave?
717 Minnesota Ave is a 5 bed, 2 bath, 1,785 sqft, 6,000 sqft lot multi_family.
Is 717 Minnesota Ave a flip candidate?
No — 717 Minnesota Ave does not appear in our flips dataset.
Is 717 Minnesota Ave a tax-appeal candidate?
No — 717 Minnesota Ave 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 Minnesota Ave