1117 Richway Dr
Albert Lea, MN 56007
3 bd 2 ba 1,248 sqft Built 1974 Lot 11,413 sqft single_family
Most recent sale
$153,000
Oct 31, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 31, 2023 | Sold | $153,000 | NorthstarMLS |
| Sep 18, 2023 | Price changed | $159,900 | NorthstarMLS |
| Sep 14, 2023 | Price changed | $164,900 | NorthstarMLS |
| Sep 4, 2023 | Price changed | $174,400 | NorthstarMLS |
| Aug 30, 2023 | Price changed | $184,400 | NorthstarMLS |
| Aug 24, 2023 | Listed | $184,900 | NorthstarMLS |
| Aug 21, 2023 | Listing removed | — | RentlinxUnits |
| Aug 5, 2023 | Price changed (rent) | $1,395 | RentlinxUnits |
| Jul 18, 2023 | Listed for rent | $1,495 | RentlinxUnits |
| Jul 14, 2023 | Sold | $125,000 | Public Record |
| Mar 25, 2015 | Sold | $51,000 | Southeastminnesota |
| Feb 6, 2015 | Listed | $55,900 | Southeastminnesota |
| Jan 1, 2015 | Sold | $51,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $108,700 | $22,000 | $130,700 | $2,292 |
| 2022 | $86,700 | $22,000 | $108,700 | $1,964 |
| 2021 | $88,200 | $22,000 | $110,200 | $2,010 |
| 2020 | $87,900 | $20,400 | $108,300 | $1,968 |
| 2019 | $76,400 | $18,000 | $94,400 | $1,700 |
| 2018 | $64,700 | $18,000 | $82,700 | $1,510 |
| 2017 | $65,800 | $17,200 | $83,000 | $1,428 |
| 2016 | $67,400 | $17,200 | $84,600 | $1,452 |
| 2015 | $40,987 | $10,913 | $51,900 | $1,058 |
| 2014 | $53,553 | $11,947 | $65,500 | $1,292 |
| 2013 | $55,230 | $12,070 | $67,300 | $1,460 |
| 2012 | $51,036 | $12,364 | $63,400 | $1,376 |
| 2011 | $87,400 | $18,000 | $105,400 | $1,372 |
| 2009 | $87,400 | — | $105,400 | $1,548 |
| 2007 | $87,400 | $18,000 | $105,400 | $1,314 |
Property facts
Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,248 sqft
Lot size
11,413 sqft
ZIP code
56007
City
Albert Lea
Street
Richway Dr
Coordinates
43.66480, -93.35425
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
$918
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1117 Richway Dr last sell?
1117 Richway Dr most recently sold on Oct 31, 2023 for $153,000.
What is the current tax assessment for 1117 Richway Dr?
The most recent total assessment for 1117 Richway Dr (year 2023) is $130,700 with $2,292 in property tax.
How does 1117 Richway Dr's assessment compare to its last sale price?
The current assessment is 14.6% below the last sale price of $153,000.
When was 1117 Richway Dr built?
1117 Richway Dr was built in 1974.
How does 1117 Richway Dr compare to others on Richway Dr?
We track 8 other properties on Richway Dr. Browse the list under "Other properties on Richway Dr" to compare beds, baths, and sale history.
What are the property facts for 1117 Richway Dr?
1117 Richway Dr is a 3 bed, 2 bath, 1,248 sqft, 11,413 sqft lot single_family.
Is 1117 Richway Dr a flip candidate?
Yes — 1117 Richway Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1117 Richway Dr a tax-appeal candidate?
No — 1117 Richway Dr 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 Richway Dr