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106 Morin Ln

Albert Lea, MN 56007

4 bd 2 ba 1,872 sqft Built 1924 Lot 2,526 sqft single_family
Most recent sale
$120,000
Dec 12, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 12, 2023 Sold $120,000 NorthstarMLS
Oct 9, 2023 Listed $99,000 NorthstarMLS
Jul 15, 2022 Sold $46,600 MLS #6223696
Jun 22, 2022 Listed $42,900 MLS #6223696
May 29, 2014 Sold $17,000 MLS #7001082
Jul 2, 2013 Sold $10,000 MLS #4046367
Jun 20, 2013 Listed $19,900 MLS #4046367
Dec 14, 2012 Listed $24,900 MLS #7001082
Dec 12, 2009 Listing removed $62,900 Southeastminnesota
Oct 18, 2009 Relisted $62,900 MLS #4008534
Feb 21, 2009 Listing removed $62,900 Southeastminnesota
Dec 12, 2008 Listed $62,900 MLS #4008534
Feb 14, 2006 Sold $62,000 MLS #2914738
Jan 5, 2006 Listed $64,900 MLS #2914738
Apr 13, 2005 Sold $12,600 MLS #2902208
Oct 14, 2004 Listed $12,600 MLS #2902208

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $36,100 $710
2020 $34,800 $702
2019 $35,500 $572
2018 $29,400 $574
2017 $25,795 $3,605 $29,400 $462
2016 $21,662 $3,038 $24,700 $438
2015 $20,400 $3,800 $24,200 $452
2014 $22,200 $3,800 $26,000 $558
2013 $28,600 $3,800 $32,400 $682
2012 $24,018 $2,282 $26,300 $750
2011 $34,541 $2,159 $36,700 $770
2009 $57,600 $3,600 $61,200 $978
2008 $57,600 $61,200 $932
2007 $54,900 $3,500 $58,400 $372

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,872 sqft
Lot size
2,526 sqft
ZIP code
56007
City
Albert Lea
Street
Morin Ln
Coordinates
43.64938, -93.37849

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 106 Morin Ln last sell?
106 Morin Ln most recently sold on Dec 12, 2023 for $120,000.
What is the current tax assessment for 106 Morin Ln?
The most recent total assessment for 106 Morin Ln (year 2022) is $36,100 with $710 in property tax.
How does 106 Morin Ln's assessment compare to its last sale price?
The current assessment is 69.9% below the last sale price of $120,000.
When was 106 Morin Ln built?
106 Morin Ln was built in 1924.
How does 106 Morin Ln compare to others on Morin Ln?
We do not currently track other properties on Morin Ln.
What are the property facts for 106 Morin Ln?
106 Morin Ln is a 4 bed, 2 bath, 1,872 sqft, 2,526 sqft lot single_family.
Is 106 Morin Ln a flip candidate?
Yes — 106 Morin Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 106 Morin Ln a tax-appeal candidate?
No — 106 Morin Ln 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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