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941 North Shore Ave

Albert Lea, MN 56007

3 bd 2 ba 1,256 sqft Built 1916 Lot 9,583 sqft single_family
Most recent sale
$225,000
Sep 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Listed $275,000 NorthstarMLS
Sep 2, 2021 Sold $225,000 NorthstarMLS
Jul 2, 2021 Price changed $224,900 NorthstarMLS
May 7, 2021 Price changed $229,900 NorthstarMLS
Apr 23, 2021 Listed $234,900 NorthstarMLS
May 4, 2012 Listing removed $164,900 NorthstarMLS
May 1, 2009 Sold $145,000 Public Record
May 18, 2005 Sold $163,000 Public Record
Mar 19, 2003 Listed $164,900 NorthstarMLS
Oct 29, 2002 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $106,900 $1,990
2021 $103,600 $1,952
2020 $97,600 $3,042
2019 $97,600 $3,088
2018 $49,845 $44,455 $94,300 $3,118
2017 $50,033 $43,867 $93,900 $3,076
2016 $40,224 $42,176 $82,400 $2,950
2015 $46,340 $43,260 $89,600 $3,088
2014 $46,569 $43,331 $89,900 $3,170
2013 $44,199 $42,901 $87,100 $3,358
2012 $57,858 $31,042 $88,900 $3,430
2011 $69,600 $32,700 $102,300 $3,340
2009 $71,900 $104,600 $1,654
2007 $69,600 $31,100 $100,700 $1,262

Property facts

Year built
1916
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,256 sqft
Lot size
9,583 sqft
ZIP code
56007
City
Albert Lea
Street
North Shore Ave
Coordinates
43.65749, -93.36812

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,884
Gross rental yield
10.05%
Implied cap rate
6.53%
Trend-extrapolated value

Frequently asked questions

When did 941 North Shore Ave last sell?
941 North Shore Ave most recently sold on Sep 2, 2021 for $225,000.
What is the current tax assessment for 941 North Shore Ave?
The most recent total assessment for 941 North Shore Ave (year 2022) is $106,900 with $1,990 in property tax.
How does 941 North Shore Ave's assessment compare to its last sale price?
The current assessment is 52.5% below the last sale price of $225,000.
When was 941 North Shore Ave built?
941 North Shore Ave was built in 1916.
How does 941 North Shore Ave compare to others on North Shore Ave?
We track 6 other properties on North Shore Ave. Browse the list under "Other properties on North Shore Ave" to compare beds, baths, and sale history.
What are the property facts for 941 North Shore Ave?
941 North Shore Ave is a 3 bed, 2 bath, 1,256 sqft, 9,583 sqft lot single_family.
Is 941 North Shore Ave a flip candidate?
No — 941 North Shore Ave does not appear in our flips dataset.
Is 941 North Shore Ave a tax-appeal candidate?
No — 941 North Shore 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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