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705 Saint Thomas Ave

Albert Lea, MN 56007

3 bd 2 ba 1,420 sqft Built 1951 Lot 5,968 sqft single_family
Most recent sale
$70,000
Nov 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2023 Sold $70,000 NorthstarMLS
Oct 17, 2023 Listed $79,900 NorthstarMLS
Mar 31, 2005 Sold $69,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $44,000 $894
2021 $41,300 $850
2020 $42,700 $876
2019 $38,600 $778
2018 $32,425 $4,375 $36,800 $750
2017 $32,520 $4,380 $36,900 $708
2016 $33,120 $4,380 $37,500 $718
2015 $33,198 $4,502 $37,700 $700
2014 $35,100 $4,500 $39,600 $740
2013 $35,898 $4,502 $40,400 $838
2012 $36,197 $5,403 $41,600 $846
2011 $63,700 $8,800 $72,500 $872
2009 $65,400 $74,200 $884
2007 $67,300 $8,300 $75,600 $740

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,420 sqft
Lot size
5,968 sqft
ZIP code
56007
City
Albert Lea
Street
Saint Thomas Ave
Coordinates
43.65544, -93.35337

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Saint Thomas Ave last sell?
705 Saint Thomas Ave most recently sold on Nov 3, 2023 for $70,000.
What is the current tax assessment for 705 Saint Thomas Ave?
The most recent total assessment for 705 Saint Thomas Ave (year 2022) is $44,000 with $894 in property tax.
How does 705 Saint Thomas Ave's assessment compare to its last sale price?
The current assessment is 37.1% below the last sale price of $70,000.
When was 705 Saint Thomas Ave built?
705 Saint Thomas Ave was built in 1951.
How does 705 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 705 Saint Thomas Ave?
705 Saint Thomas Ave is a 3 bed, 2 bath, 1,420 sqft, 5,968 sqft lot single_family.
Is 705 Saint Thomas Ave a flip candidate?
No — 705 Saint Thomas Ave does not appear in our flips dataset.
Is 705 Saint Thomas Ave a tax-appeal candidate?
No — 705 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 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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