122 Ridge Rd
Albert Lea, MN 56007
3 bd 2 ba 2,672 sqft Built 1951 Lot 13,199 sqft single_family
Most recent sale
$237,500
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 13, 2024 | Sold | $225,000 | NorthstarMLS |
| Sep 6, 2024 | Listed | $232,900 | NorthstarMLS |
| Jul 19, 2024 | Price changed | $234,900 | NorthstarMLS |
| Jun 28, 2024 | Listed | $237,500 | NorthstarMLS |
| May 27, 2024 | Price changed | $242,900 | NorthstarMLS |
| May 7, 2024 | Price changed | $247,400 | NorthstarMLS |
| Apr 15, 2024 | Listed | $249,900 | NorthstarMLS |
| Sep 19, 2022 | Sold | $237,500 | MLS #6193411 |
| May 11, 2022 | Listed | $249,900 | MLS #6193411 |
| Jul 15, 2021 | Sold | $219,900 | MLS #5751041 |
| May 4, 2021 | Listed | $219,900 | MLS #5751041 |
| Sep 30, 2014 | Sold | $125,500 | MLS #5074736 |
| Jul 28, 2014 | Listed | $129,900 | MLS #4053587 |
| May 13, 2014 | Listed | $129,900 | MLS #5074736 |
| Jan 1, 2014 | Sold | $125,500 | Public Record |
| Jul 19, 2011 | Sold | $120,000 | MLS #4024469 |
| Jun 13, 2011 | Listing removed | $134,500 | NorthstarMLS |
| Apr 9, 2011 | Price changed | $124,900 | MLS #4024469 |
| Sep 30, 2010 | Listed | $134,500 | MLS #4024469 |
| Jun 29, 2009 | Sold | $134,000 | MLS #4006623 |
| Jun 10, 2009 | Listing removed | $136,900 | NorthstarMLS |
| Mar 5, 2009 | Listed | $142,500 | MLS #3593089 |
| Sep 3, 2008 | Listed | $142,500 | MLS #4006623 |
| Nov 29, 2006 | Listing removed | $155,500 | Southeastminnesota |
| Jun 27, 2006 | Listed | $155,500 | MLS #2920906 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $125,500 | $2,314 |
| 2020 | — | — | $128,500 | $2,170 |
| 2019 | — | — | $116,400 | $2,024 |
| 2018 | — | — | $109,400 | $1,794 |
| 2017 | $72,836 | $22,164 | $95,000 | $1,598 |
| 2016 | $71,646 | $17,854 | $89,500 | $1,546 |
| 2015 | $68,819 | $17,681 | $86,500 | $1,420 |
| 2014 | $64,327 | $17,373 | $81,700 | $1,382 |
| 2013 | $61,634 | $17,166 | $78,800 | $1,562 |
| 2012 | $63,113 | $17,287 | $80,400 | $1,904 |
| 2011 | $83,862 | $17,538 | $101,400 | $1,818 |
| 2009 | $123,800 | $22,000 | $145,800 | $2,052 |
| 2008 | $123,800 | — | $145,800 | $1,978 |
| 2007 | $117,900 | $21,000 | $138,900 | $1,648 |
Property facts
Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,672 sqft
Lot size
13,199 sqft
ZIP code
56007
City
Albert Lea
Street
Ridge Rd
Coordinates
43.66251, -93.38112
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
$1,425
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 122 Ridge Rd last sell?
122 Ridge Rd most recently sold on Sep 19, 2022 for $237,500.
What is the current tax assessment for 122 Ridge Rd?
The most recent total assessment for 122 Ridge Rd (year 2022) is $125,500 with $2,314 in property tax.
How does 122 Ridge Rd's assessment compare to its last sale price?
The current assessment is 47.2% below the last sale price of $237,500.
When was 122 Ridge Rd built?
122 Ridge Rd was built in 1951.
How does 122 Ridge Rd compare to others on Ridge Rd?
We track 8 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 122 Ridge Rd?
122 Ridge Rd is a 3 bed, 2 bath, 2,672 sqft, 13,199 sqft lot single_family.
Is 122 Ridge Rd a flip candidate?
No — 122 Ridge Rd does not appear in our flips dataset.
Is 122 Ridge Rd a tax-appeal candidate?
No — 122 Ridge Rd 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 Ridge Rd