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507 Saint Peter Ave

Albert Lea, MN 56007

3 bd 2 ba 1,356 sqft Built 1945 Lot 6,011 sqft single_family
Most recent sale
$132,900
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $132,900 MLS #6169932
Mar 28, 2022 Listed $132,900 MLS #6169932
Oct 30, 2007 Sold $81,900 MLS #2934307
Sep 19, 2007 Listed $79,900 MLS #2934307
Oct 16, 2002 Sold $67,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,800 $1,868
2023 $73,000 $1,956
2022 $50,300 $1,808
2021 $51,000 $1,028
2020 $51,000 $1,044
2019 $52,100 $892
2018 $44,500 $868
2017 $38,520 $4,380 $42,900 $818
2016 $38,520 $4,380 $42,900 $720
2015 $33,215 $4,385 $37,600 $710
2014 $33,702 $4,498 $38,200 $758
2013 $36,102 $4,498 $40,600 $848
2012 $36,402 $4,498 $40,900 $840
2011 $35,905 $5,395 $41,300 $930
2009 $64,000 $8,800 $72,800 $888
2008 $65,700 $8,800 $74,500 $948
2007 $67,300 $8,300 $75,600 $736

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,356 sqft
Lot size
6,011 sqft
ZIP code
56007
City
Albert Lea
Street
Saint Peter Ave
Coordinates
43.65393, -93.35107

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$797
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Saint Peter Ave last sell?
507 Saint Peter Ave most recently sold on May 13, 2022 for $132,900.
What is the current tax assessment for 507 Saint Peter Ave?
The most recent total assessment for 507 Saint Peter Ave (year 2025) is $65,800 with $1,868 in property tax.
How does 507 Saint Peter Ave's assessment compare to its last sale price?
The current assessment is 50.5% below the last sale price of $132,900.
When was 507 Saint Peter Ave built?
507 Saint Peter Ave was built in 1945.
How does 507 Saint Peter Ave compare to others on Saint Peter Ave?
We track 8 other properties on Saint Peter Ave. Browse the list under "Other properties on Saint Peter Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Saint Peter Ave?
507 Saint Peter Ave is a 3 bed, 2 bath, 1,356 sqft, 6,011 sqft lot single_family.
Is 507 Saint Peter Ave a flip candidate?
No — 507 Saint Peter Ave does not appear in our flips dataset.
Is 507 Saint Peter Ave a tax-appeal candidate?
No — 507 Saint Peter Ave 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

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