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71905 Phillip Dr

Albert Lea, MN 56007

3 bd 2 ba 3,100 sqft Built 1986 Lot 73,181 sqft single_family
Most recent sale
$244,200
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Sold $244,200 Public Record
Mar 25, 2022 Sold $240,000 MLS #6021646
Dec 20, 2021 Price changed $250,000 MLS #6021646
Oct 18, 2021 Price changed $265,000 MLS #6021646
Aug 12, 2021 Price changed $275,000 MLS #6021646
Jul 8, 2021 Listed $290,000 MLS #6021646

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $269,200 $34,900 $304,100 $3,866
2020 $287,500 $3,558
2019 $273,600 $3,412
2018 $273,600 $2,946
2017 $215,812 $19,988 $235,800 $2,736
2016 $218,874 $20,026 $238,900 $2,598
2015 $209,883 $19,917 $229,800 $2,508
2014 $212,386 $19,914 $232,300 $2,580
2013 $215,347 $19,953 $235,300 $3,120
2012 $218,316 $19,984 $238,300 $3,164
2011 $218,316 $19,984 $238,300 $3,156
2009 $243,800 $23,200 $267,000 $3,530
2008 $243,800 $267,000 $3,084
2007 $232,200 $22,600 $254,800 $3,156

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
3,100 sqft
Lot size
73,181 sqft
ZIP code
56007
City
Albert Lea
Street
Phillip Dr
Coordinates
43.66978, -93.43088

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,465
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 71905 Phillip Dr last sell?
71905 Phillip Dr most recently sold on Apr 21, 2022 for $244,200.
What is the current tax assessment for 71905 Phillip Dr?
The most recent total assessment for 71905 Phillip Dr (year 2022) is $304,100 with $3,866 in property tax.
How does 71905 Phillip Dr's assessment compare to its last sale price?
The current assessment is 24.5% above the last sale price of $244,200.
When was 71905 Phillip Dr built?
71905 Phillip Dr was built in 1986.
How does 71905 Phillip Dr compare to others on Phillip Dr?
We track 3 other properties on Phillip Dr. Browse the list under "Other properties on Phillip Dr" to compare beds, baths, and sale history.
What are the property facts for 71905 Phillip Dr?
71905 Phillip Dr is a 3 bed, 2 bath, 3,100 sqft, 73,181 sqft lot single_family.
Is 71905 Phillip Dr a flip candidate?
No — 71905 Phillip Dr does not appear in our flips dataset.
Is 71905 Phillip Dr a tax-appeal candidate?
Yes — 71905 Phillip Dr 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 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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