618 Park Ave
Albert Lea, MN 56007
3 bd 2 ba 3,384 sqft Built 1901 Lot 5,663 sqft single_family
Most recent sale
$177,000
Feb 29, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 29, 2024 | Sold | $177,000 | NorthstarMLS |
| Feb 12, 2024 | Listed | $175,000 | NorthstarMLS |
| Jun 15, 2018 | Sold | $109,900 | GreaterLakes |
| Mar 27, 2018 | Price changed | $109,900 | Southeastminnesota |
| Feb 2, 2018 | Price changed | $114,900 | Southeastminnesota |
| Jan 1, 2018 | Sold | $105,000 | Public Record |
| Jun 5, 2017 | Price changed | $124,900 | Southeastminnesota |
| May 9, 2017 | Price changed | $134,900 | Southeastminnesota |
| May 8, 2017 | Listed | $139,900 | Southeastminnesota |
| May 5, 2017 | Listed | $109,900 | NorthstarMLS |
| Aug 10, 2009 | Sold | $139,900 | Southeastminnesota |
| May 29, 2009 | Listed | $139,900 | Southeastminnesota |
| Mar 16, 2009 | Listing removed | $139,900 | NorthstarMLS |
| Mar 15, 2009 | Listing removed | $139,900 | Southeastminnesota |
| Jun 25, 2008 | Listed | $139,900 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $71,700 | $1,434 |
| 2021 | — | — | $62,300 | $1,280 |
| 2020 | — | — | $74,400 | $1,488 |
| 2019 | — | — | $69,400 | $1,366 |
| 2018 | $56,626 | $8,674 | $65,300 | $3,430 |
| 2017 | $55,275 | $5,825 | $61,100 | $3,466 |
| 2016 | $55,178 | $5,822 | $61,000 | $1,152 |
| 2015 | $51,043 | $5,657 | $56,700 | $1,048 |
| 2014 | $47,014 | $5,486 | $52,500 | $990 |
| 2013 | $54,984 | $5,816 | $60,800 | $1,242 |
| 2012 | $78,517 | $8,783 | $87,300 | $1,686 |
| 2011 | $124,000 | $11,900 | $135,900 | $1,722 |
| 2009 | $128,100 | — | $140,000 | $1,784 |
| 2008 | $128,100 | $11,900 | $140,000 | $1,420 |
| 2007 | $80,500 | $16,200 | $96,700 | $1,140 |
Property facts
Year built
1901
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
3,384 sqft
Lot size
5,663 sqft
ZIP code
56007
City
Albert Lea
Street
Park Ave
Coordinates
43.65586, -93.37365
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
$1,062
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 618 Park Ave last sell?
618 Park Ave most recently sold on Feb 29, 2024 for $177,000.
What is the current tax assessment for 618 Park Ave?
The most recent total assessment for 618 Park Ave (year 2022) is $71,700 with $1,434 in property tax.
How does 618 Park Ave's assessment compare to its last sale price?
The current assessment is 59.5% below the last sale price of $177,000.
When was 618 Park Ave built?
618 Park Ave was built in 1901.
How does 618 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 618 Park Ave?
618 Park Ave is a 3 bed, 2 bath, 3,384 sqft, 5,663 sqft lot single_family.
Is 618 Park Ave a flip candidate?
No — 618 Park Ave does not appear in our flips dataset.
Is 618 Park Ave a tax-appeal candidate?
No — 618 Park 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 Park Ave