607 Oak Ln
Albert Lea, MN 56007
2 bd 2 ba 1,626 sqft Built 1914 Lot 5,140 sqft single_family
Most recent sale
$50,000
Apr 16, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 16, 2024 | Sold | $50,000 | NorthstarMLS |
| Mar 15, 2024 | Sold | $50,000 | Public Record |
| Nov 4, 2023 | Listed | $64,900 | NorthstarMLS |
| May 30, 2015 | Sold | $25,000 | NorthstarMLS |
| Apr 28, 2015 | Listed | $30,000 | Southeastminnesota |
| Apr 24, 2015 | Listed | $30,000 | NorthstarMLS |
| Jan 1, 2015 | Sold | $25,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $40,200 | $9,400 | $49,600 | $1,062 |
| 2022 | — | — | $20,500 | $500 |
| 2021 | — | — | $19,100 | $474 |
| 2020 | — | — | $19,900 | $490 |
| 2019 | — | — | $16,400 | $390 |
| 2018 | $12,390 | $4,010 | $16,400 | $384 |
| 2017 | $10,500 | $4,500 | $15,000 | $338 |
| 2016 | $25,200 | $4,500 | $29,700 | $606 |
| 2015 | $26,897 | $4,503 | $31,400 | $588 |
| 2014 | $28,603 | $4,497 | $33,100 | $624 |
| 2013 | $32,305 | $4,495 | $36,800 | $766 |
| 2012 | $33,936 | $4,264 | $38,200 | $780 |
| 2011 | $56,500 | $7,100 | $63,600 | $798 |
| 2009 | $56,500 | — | $63,600 | $762 |
| 2007 | $53,800 | $6,800 | $60,600 | $792 |
Property facts
Year built
1914
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,626 sqft
Lot size
5,140 sqft
ZIP code
56007
City
Albert Lea
Street
Oak Ln
Coordinates
43.64887, -93.37561
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 607 Oak Ln last sell?
607 Oak Ln most recently sold on Apr 16, 2024 for $50,000.
What is the current tax assessment for 607 Oak Ln?
The most recent total assessment for 607 Oak Ln (year 2025) is $49,600 with $1,062 in property tax.
How does 607 Oak Ln's assessment compare to its last sale price?
The current assessment is 0.8% below the last sale price of $50,000.
When was 607 Oak Ln built?
607 Oak Ln was built in 1914.
How does 607 Oak Ln compare to others on Oak Ln?
We track 5 other properties on Oak Ln. Browse the list under "Other properties on Oak Ln" to compare beds, baths, and sale history.
What are the property facts for 607 Oak Ln?
607 Oak Ln is a 2 bed, 2 bath, 1,626 sqft, 5,140 sqft lot single_family.
Is 607 Oak Ln a flip candidate?
No — 607 Oak Ln does not appear in our flips dataset.
Is 607 Oak Ln a tax-appeal candidate?
No — 607 Oak Ln 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 Oak Ln