112 The Fairway
Albert Lea, MN 56007
4 bd 4 ba 2,023 sqft Built 1951 Lot 12,763 sqft single_family
Most recent sale
$325,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $325,000 | MLS #6177010 |
| Apr 11, 2022 | Listed | $289,900 | MLS #6177010 |
| Apr 17, 2020 | Sold | $225,000 | MLS #5323768 |
| Mar 2, 2020 | Relisted | $229,000 | MLS #5323768 |
| Feb 25, 2020 | Listing removed | $229,000 | NorthstarMLS |
| Jan 8, 2020 | Price changed | $229,000 | MLS #5323768 |
| Oct 18, 2019 | Listed | $239,000 | MLS #5323768 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $141,800 | $2,248 |
| 2023 | — | — | $128,100 | $1,976 |
| 2022 | — | — | $197,800 | $3,572 |
| 2021 | $187,100 | $26,500 | $213,600 | $3,846 |
| 2020 | $187,100 | $26,500 | $213,600 | $3,422 |
| 2019 | — | — | $188,000 | $3,220 |
| 2018 | — | — | $178,100 | $3,026 |
| 2017 | $135,052 | $21,848 | $156,900 | $2,822 |
| 2016 | $134,716 | $19,584 | $154,300 | $2,374 |
| 2015 | $108,207 | $18,793 | $127,000 | $2,232 |
| 2014 | $103,573 | $18,627 | $122,200 | $1,750 |
| 2013 | $73,840 | $17,260 | $91,100 | $1,956 |
| 2012 | $75,262 | $17,338 | $92,600 | $2,162 |
| 2011 | $88,024 | $17,476 | $105,500 | $2,078 |
| 2009 | $128,600 | $21,700 | $150,300 | $2,350 |
| 2008 | $128,600 | — | $150,300 | $2,050 |
| 2007 | $122,500 | $20,700 | $143,200 | $1,712 |
Property facts
Year built
1951
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,023 sqft
Lot size
12,763 sqft
ZIP code
56007
City
Albert Lea
Street
The Fairway
Coordinates
43.66158, -93.38281
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
$3,035
Gross rental yield
11.21%
Implied cap rate
7.28%
Trend-extrapolated value
—
Frequently asked questions
When did 112 The Fairway last sell?
112 The Fairway most recently sold on Jun 10, 2022 for $325,000.
What is the current tax assessment for 112 The Fairway?
The most recent total assessment for 112 The Fairway (year 2025) is $141,800 with $2,248 in property tax.
How does 112 The Fairway's assessment compare to its last sale price?
The current assessment is 56.4% below the last sale price of $325,000.
When was 112 The Fairway built?
112 The Fairway was built in 1951.
How does 112 The Fairway compare to others on The Fairway?
We track 5 other properties on The Fairway. Browse the list under "Other properties on The Fairway" to compare beds, baths, and sale history.
What are the property facts for 112 The Fairway?
112 The Fairway is a 4 bed, 4 bath, 2,023 sqft, 12,763 sqft lot single_family.
Is 112 The Fairway a flip candidate?
No — 112 The Fairway does not appear in our flips dataset.
Is 112 The Fairway a tax-appeal candidate?
No — 112 The Fairway 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 The Fairway