1020 Newton Ave
Albert Lea, MN 56007
2 bd 1 ba 923 sqft Built 1925 Lot 5,445 sqft single_family
Most recent sale
$108,000
Feb 1, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 1, 2024 | Sold | $108,000 | NorthstarMLS |
| Dec 21, 2023 | Listed | $109,900 | NorthstarMLS |
| Dec 3, 2004 | Sold | $25,075 | Public Record |
| May 4, 2004 | Sold | $25,075 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $63,200 | $11,800 | $75,000 | $1,320 |
| 2022 | $52,800 | $11,800 | $64,600 | $1,330 |
| 2021 | $46,700 | $8,200 | $54,900 | $1,174 |
| 2020 | $42,800 | $8,200 | $51,000 | $1,104 |
| 2019 | $37,000 | $7,100 | $44,100 | $998 |
| 2018 | $35,000 | $7,100 | $42,100 | $942 |
| 2017 | $37,000 | $5,500 | $42,500 | $918 |
| 2016 | $37,800 | $5,500 | $43,300 | $758 |
| 2015 | $37,800 | $5,500 | $43,300 | $732 |
| 2014 | $38,600 | $5,500 | $44,100 | $748 |
| 2013 | $38,900 | $5,500 | $44,400 | $830 |
| 2012 | $40,400 | $6,600 | $47,000 | $866 |
| 2011 | $44,900 | $6,600 | $51,500 | $786 |
| 2009 | $51,400 | — | $58,000 | $816 |
| 2007 | $30,700 | $7,100 | $37,800 | $620 |
Property facts
Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
923 sqft
Lot size
5,445 sqft
ZIP code
56007
City
Albert Lea
Street
Newton Ave
Coordinates
43.63976, -93.36781
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$648
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1020 Newton Ave last sell?
1020 Newton Ave most recently sold on Feb 1, 2024 for $108,000.
What is the current tax assessment for 1020 Newton Ave?
The most recent total assessment for 1020 Newton Ave (year 2023) is $75,000 with $1,320 in property tax.
How does 1020 Newton Ave's assessment compare to its last sale price?
The current assessment is 30.6% below the last sale price of $108,000.
When was 1020 Newton Ave built?
1020 Newton Ave was built in 1925.
How does 1020 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 1020 Newton Ave?
1020 Newton Ave is a 2 bed, 1 bath, 923 sqft, 5,445 sqft lot single_family.
Is 1020 Newton Ave a flip candidate?
No — 1020 Newton Ave does not appear in our flips dataset.
Is 1020 Newton Ave a tax-appeal candidate?
No — 1020 Newton 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 Newton Ave