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529 Park Ln

Albert Lea, MN 56007

3 bd 3 ba 2,545 sqft Built 1959 Lot 10,890 sqft single_family
Most recent sale
$555,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2026 Price changed $629,000 NorthstarMLS
Jan 6, 2026 Price changed $630,000 NorthstarMLS
Nov 22, 2025 Price changed $650,000 NorthstarMLS
Sep 30, 2025 Price changed $660,000 NorthstarMLS
Aug 1, 2025 Listed $675,000 NorthstarMLS
Jun 21, 2022 Sold $555,000 MLS #6179040
Apr 15, 2022 Listed $579,900 MLS #6179040
Mar 11, 2019 Listing removed $349,900 NorthstarMLS
Dec 11, 2018 Listing removed $349,900 NorthstarMLS
Dec 10, 2018 Listing removed $349,900 GreaterLakes
Jun 1, 2018 Sold $330,000 MLS #5111277
Jan 26, 2018 Listed $339,000 MLS #4083491
Jan 1, 2018 Sold $330,000 Public Record
Oct 5, 2017 Listed $339,000 MLS #5111277
Sep 1, 2016 Listing removed $349,900 Southeastminnesota
Apr 14, 2016 Relisted $349,900 MLS #4052960
Apr 22, 2014 Listed $349,900 MLS #4052960
Apr 21, 2014 Listed $349,900 MLS #5093649
Sep 20, 2012 Listed $349,900 MLS #4040449
Sep 19, 2012 Listed $349,900 MLS #5121954
Oct 6, 2011 Listed $379,900 MLS #4093287
Oct 5, 2011 Listed $379,900 MLS #4032631
Jul 26, 2006 Sold $310,000 MLS #3179808
Apr 7, 2006 Listed $319,900 MLS #2917818
Apr 6, 2006 Listed $319,900 MLS #3179808

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $399,000 $107,400 $506,400 $9,530
2023 $300,900 $4,576
2022 $217,400 $3,912
2021 $213,900 $3,890
2020 $213,900 $4,752
2019 $264,000 $4,540
2018 $254,000 $4,428
2017 $183,292 $60,908 $244,200 $4,558
2016 $205,887 $61,613 $267,500 $4,106
2015 $179,813 $60,787 $240,600 $4,326
2014 $201,423 $61,477 $262,900 $4,350
2013 $201,895 $61,505 $263,400 $4,826
2012 $202,390 $61,510 $263,900 $5,002
2011 $213,300 $64,500 $277,800 $4,416
2009 $221,100 $58,900 $280,000 $4,350
2008 $226,600 $285,500 $4,344
2007 $200,400 $61,400 $261,800 $3,428

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,545 sqft
Lot size
10,890 sqft
ZIP code
56007
City
Albert Lea
Street
Park Ln
Coordinates
43.65477, -93.37531

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,818
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value

Frequently asked questions

When did 529 Park Ln last sell?
529 Park Ln most recently sold on Jun 21, 2022 for $555,000.
What is the current tax assessment for 529 Park Ln?
The most recent total assessment for 529 Park Ln (year 2025) is $506,400 with $9,530 in property tax.
How does 529 Park Ln's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $555,000.
When was 529 Park Ln built?
529 Park Ln was built in 1959.
How does 529 Park Ln compare to others on Park Ln?
We track 2 other properties on Park Ln. Browse the list under "Other properties on Park Ln" to compare beds, baths, and sale history.
What are the property facts for 529 Park Ln?
529 Park Ln is a 3 bed, 3 bath, 2,545 sqft, 10,890 sqft lot single_family.
Is 529 Park Ln a flip candidate?
No — 529 Park Ln does not appear in our flips dataset.
Is 529 Park Ln a tax-appeal candidate?
No — 529 Park Ln 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

Explore nearby

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