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820 Minnesota Ave

Albert Lea, MN 56007

3 bd 1 ba 1,123 sqft Built 1929 Lot 6,011 sqft single_family
Most recent sale
$40,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $40,000 MLS #6199773
May 20, 2022 Listed $44,900 MLS #6199773

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $48,100 $8,200 $56,300 $934
2020 $28,600 $604
2019 $25,900 $534
2018 $20,727 $4,373 $25,100 $522
2017 $20,727 $4,373 $25,100 $492
2016 $20,820 $4,380 $25,200 $492
2015 $21,207 $4,493 $25,700 $488
2014 $22,407 $4,493 $26,900 $512
2013 $23,007 $4,493 $27,500 $580
2012 $24,993 $5,407 $30,400 $626
2011 $41,700 $8,800 $50,500 $616
2009 $42,900 $51,700 $624
2007 $44,100 $8,400 $52,500 $738

Property facts

Year built
1929
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,123 sqft
Lot size
6,011 sqft
ZIP code
56007
City
Albert Lea
Street
Minnesota Ave
Coordinates
43.65667, -93.35732

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 820 Minnesota Ave last sell?
820 Minnesota Ave most recently sold on Jun 15, 2022 for $40,000.
What is the current tax assessment for 820 Minnesota Ave?
The most recent total assessment for 820 Minnesota Ave (year 2025) is $56,300 with $934 in property tax.
How does 820 Minnesota Ave's assessment compare to its last sale price?
The current assessment is 40.8% above the last sale price of $40,000.
When was 820 Minnesota Ave built?
820 Minnesota Ave was built in 1929.
How does 820 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 820 Minnesota Ave?
820 Minnesota Ave is a 3 bed, 1 bath, 1,123 sqft, 6,011 sqft lot single_family.
Is 820 Minnesota Ave a flip candidate?
No — 820 Minnesota Ave does not appear in our flips dataset.
Is 820 Minnesota Ave a tax-appeal candidate?
Yes — 820 Minnesota Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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