514 Saint Thomas Ave
Albert Lea, MN 56007
1 bd 1 ba 480 sqft Built 1947 Lot 6,098 sqft single_family
Most recent sale
$47,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $47,000 | MLS #6188586 |
| May 2, 2022 | Listed | $50,000 | MLS #6188586 |
| Sep 23, 2005 | Sold | $27,500 | Public Record |
| Sep 15, 1999 | Sold | $22,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $37,000 | $8,300 | $45,300 | $764 |
| 2020 | — | — | $26,100 | $562 |
| 2019 | — | — | $26,400 | $494 |
| 2018 | — | — | $23,800 | $476 |
| 2017 | $18,360 | $4,440 | $22,800 | $454 |
| 2016 | $18,660 | $4,440 | $23,100 | $584 |
| 2015 | $13,755 | $4,445 | $18,200 | $586 |
| 2014 | $13,740 | $4,560 | $18,300 | $618 |
| 2013 | $14,745 | $4,555 | $19,300 | $740 |
| 2012 | $18,240 | $4,560 | $22,800 | $760 |
| 2011 | $18,345 | $5,455 | $23,800 | $728 |
| 2009 | $27,200 | $8,900 | $36,100 | $750 |
| 2008 | $28,000 | $8,900 | $36,900 | $448 |
| 2007 | $28,600 | $8,400 | $37,000 | $376 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
480 sqft
Lot size
6,098 sqft
ZIP code
56007
City
Albert Lea
Street
Saint Thomas Ave
Coordinates
43.65406, -93.35272
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
$282
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 514 Saint Thomas Ave last sell?
514 Saint Thomas Ave most recently sold on May 20, 2022 for $47,000.
What is the current tax assessment for 514 Saint Thomas Ave?
The most recent total assessment for 514 Saint Thomas Ave (year 2025) is $45,300 with $764 in property tax.
How does 514 Saint Thomas Ave's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $47,000.
When was 514 Saint Thomas Ave built?
514 Saint Thomas Ave was built in 1947.
How does 514 Saint Thomas Ave compare to others on Saint Thomas Ave?
We track 8 other properties on Saint Thomas Ave. Browse the list under "Other properties on Saint Thomas Ave" to compare beds, baths, and sale history.
What are the property facts for 514 Saint Thomas Ave?
514 Saint Thomas Ave is a 1 bed, 1 bath, 480 sqft, 6,098 sqft lot single_family.
Is 514 Saint Thomas Ave a flip candidate?
No — 514 Saint Thomas Ave does not appear in our flips dataset.
Is 514 Saint Thomas Ave a tax-appeal candidate?
No — 514 Saint Thomas Ave 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 Saint Thomas Ave