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1005 Newton Ave

Albert Lea, MN 56007

3 bd 2 ba 1,527 sqft Built 1925 Lot 4,835 sqft single_family
Most recent sale
$65,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $65,000 MLS #6258636
Sep 9, 2022 Listed $69,900 MLS #6258636
Feb 20, 2020 Sold $34,000 MLS #5316829
Jan 2, 2020 Price changed $47,900 MLS #5316829
Dec 13, 2019 Price changed $50,900 MLS #5316829
Nov 20, 2019 Price changed $53,900 MLS #5316829
Oct 25, 2019 Price changed $56,900 MLS #5316829
Oct 2, 2019 Listed $59,900 MLS #5316829

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $39,400 $11,100 $50,500 $1,148
2021 $45,500 $7,800 $53,300 $1,000
2020 $45,500 $7,800 $53,300 $758
2019 $29,700 $666
2018 $25,600 $650
2017 $20,477 $4,023 $24,500 $634
2016 $21,618 $2,882 $24,500 $570
2015 $26,520 $2,880 $29,400 $566
2014 $27,222 $2,878 $30,100 $570
2013 $27,222 $2,878 $30,100 $646
2012 $27,924 $2,876 $30,800 $596
2011 $25,415 $3,485 $28,900 $610
2009 $47,100 $5,800 $52,900 $716
2008 $53,900 $5,800 $59,700 $882
2007 $61,500 $6,300 $67,800 $718

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,527 sqft
Lot size
4,835 sqft
ZIP code
56007
City
Albert Lea
Street
Newton Ave
Coordinates
43.64017, -93.36724

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
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1005 Newton Ave last sell?
1005 Newton Ave most recently sold on Oct 12, 2022 for $65,000.
What is the current tax assessment for 1005 Newton Ave?
The most recent total assessment for 1005 Newton Ave (year 2022) is $50,500 with $1,148 in property tax.
How does 1005 Newton Ave's assessment compare to its last sale price?
The current assessment is 22.3% below the last sale price of $65,000.
When was 1005 Newton Ave built?
1005 Newton Ave was built in 1925.
How does 1005 Newton Ave compare to others on Newton Ave?
We track 8 other properties on Newton Ave. Browse the list under "Other properties on Newton Ave" to compare beds, baths, and sale history.
What are the property facts for 1005 Newton Ave?
1005 Newton Ave is a 3 bed, 2 bath, 1,527 sqft, 4,835 sqft lot single_family.
Is 1005 Newton Ave a flip candidate?
No — 1005 Newton Ave does not appear in our flips dataset.
Is 1005 Newton Ave a tax-appeal candidate?
No — 1005 Newton Ave 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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