226 Pearl St
Albert Lea, MN 56007
3 bd 3 ba 1,816 sqft Built 1898 Lot 5,009 sqft single_family
Most recent sale
$50,000
Dec 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 22, 2024 | Listed for rent | $1,095 | RentRedi |
| Dec 22, 2021 | Sold | $50,000 | MLS #6125911 |
| Nov 21, 2021 | Price changed | $59,500 | MLS #6125911 |
| Nov 10, 2021 | Listed | $65,000 | MLS #6125911 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $69,100 | $5,500 | $74,600 | $1,214 |
| 2023 | $43,700 | $5,500 | $49,200 | $798 |
| 2020 | — | — | $35,700 | $740 |
| 2019 | — | — | $20,900 | $440 |
| 2018 | $15,797 | $3,003 | $18,800 | $398 |
| 2017 | $15,806 | $2,994 | $18,800 | $376 |
| 2016 | $19,097 | $3,003 | $22,100 | $436 |
| 2015 | $19,105 | $2,995 | $22,100 | $424 |
| 2014 | $19,200 | $3,000 | $22,200 | $428 |
| 2013 | $15,197 | $3,003 | $18,200 | $394 |
| 2012 | $18,153 | $4,147 | $22,300 | $466 |
| 2011 | $31,900 | $6,900 | $38,800 | $478 |
| 2009 | $33,800 | — | $40,700 | $496 |
| 2007 | $33,800 | $6,900 | $40,700 | $396 |
Property facts
Year built
1898
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,816 sqft
Lot size
5,009 sqft
ZIP code
56007
City
Albert Lea
Street
Pearl St
Coordinates
43.64547, -93.37119
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 226 Pearl St last sell?
226 Pearl St most recently sold on Dec 22, 2021 for $50,000.
What is the current tax assessment for 226 Pearl St?
The most recent total assessment for 226 Pearl St (year 2025) is $74,600 with $1,214 in property tax.
How does 226 Pearl St's assessment compare to its last sale price?
The current assessment is 49.2% above the last sale price of $50,000.
When was 226 Pearl St built?
226 Pearl St was built in 1898.
How does 226 Pearl St compare to others on Pearl St?
We track 8 other properties on Pearl St. Browse the list under "Other properties on Pearl St" to compare beds, baths, and sale history.
What are the property facts for 226 Pearl St?
226 Pearl St is a 3 bed, 3 bath, 1,816 sqft, 5,009 sqft lot single_family.
Is 226 Pearl St a flip candidate?
No — 226 Pearl St does not appear in our flips dataset.
Is 226 Pearl St a tax-appeal candidate?
Yes — 226 Pearl St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Pearl St