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602 Park Avenue Ave

Albert Lea, MN 56007

4 bd 2 ba 1,707 sqft Built 1939 Lot 6,534 sqft single_family
Most recent sale
$205,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $205,000 MLS #6194469
May 12, 2022 Listed $199,900 MLS #6194469
Jul 24, 2020 Sold $164,800 MLS #5574132
May 29, 2020 Listed $159,900 MLS #5574132
Apr 29, 2016 Sold $59,000 MLS #4062840
Mar 14, 2016 Relisted $72,000 MLS #4062840
Jan 1, 2016 Sold $59,000 Public Record
Dec 31, 2015 Listing removed $72,000 Southeastminnesota
Nov 18, 2015 Price changed $72,000 MLS #4062840
Sep 10, 2015 Price changed $78,900 MLS #4062840
May 20, 2015 Listed $79,900 MLS #4062840
Nov 8, 2006 Sold $95,000 MLS #2902552
Oct 25, 2004 Listed $104,500 MLS #2902552
Feb 25, 2000 Sold $97,500 MLS #1009557
Dec 21, 1999 Listed $99,500 MLS #1009557

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $102,500 $3,574
2019 $75,900 $3,480
2018 $68,300 $3,134
2017 $35,372 $9,428 $44,800 $3,554
2016 $55,341 $6,459 $61,800 $1,586
2015 $83,100 $9,500 $92,600 $1,468
2014 $79,100 $9,500 $88,600 $1,436
2013 $76,800 $9,500 $86,300 $1,728
2012 $84,600 $9,500 $94,100 $2,068
2011 $101,900 $12,700 $114,600 $1,716
2009 $105,500 $13,100 $118,600 $1,922
2008 $108,800 $13,100 $121,900 $1,854
2007 $89,600 $18,700 $108,300 $1,212

Property facts

Year built
1939
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,707 sqft
Lot size
6,534 sqft
ZIP code
56007
City
Albert Lea
Street
Park Avenue Ave
Coordinates
43.65545, -93.37425

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 602 Park Avenue Ave last sell?
602 Park Avenue Ave most recently sold on Aug 1, 2022 for $205,000.
What is the current tax assessment for 602 Park Avenue Ave?
The most recent total assessment for 602 Park Avenue Ave (year 2020) is $102,500 with $3,574 in property tax.
How does 602 Park Avenue Ave's assessment compare to its last sale price?
The current assessment is 50.0% below the last sale price of $205,000.
When was 602 Park Avenue Ave built?
602 Park Avenue Ave was built in 1939.
How does 602 Park Avenue Ave compare to others on Park Avenue Ave?
We track 3 other properties on Park Avenue Ave. Browse the list under "Other properties on Park Avenue Ave" to compare beds, baths, and sale history.
What are the property facts for 602 Park Avenue Ave?
602 Park Avenue Ave is a 4 bed, 2 bath, 1,707 sqft, 6,534 sqft lot single_family.
Is 602 Park Avenue Ave a flip candidate?
No — 602 Park Avenue Ave does not appear in our flips dataset.
Is 602 Park Avenue Ave a tax-appeal candidate?
No — 602 Park Avenue 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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