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2029 Tower Rd

Albert Lea, MN 56007

3 bd 2 ba 1,584 sqft Built 1969 Lot 8,276 sqft single_family
Most recent sale
$205,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $205,000 MLS #6203259
May 28, 2022 Listed $209,900 MLS #6203259

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $71,300 $1,496
2019 $73,000 $1,232
2018 $58,800 $948
2017 $36,463 $5,637 $42,100 $1,002
2016 $40,168 $7,532 $47,700 $1,022
2015 $41,192 $7,608 $48,800 $1,020
2014 $42,312 $7,688 $50,000 $1,048
2013 $43,256 $7,744 $51,000 $1,338
2012 $52,864 $8,336 $61,200 $1,512
2011 $61,150 $10,850 $72,000 $1,488
2009 $89,500 $15,100 $104,600 $1,714
2008 $101,700 $116,800 $1,509
2007 $96,900 $14,400 $111,300 $1,286

Property facts

Year built
1969
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,584 sqft
Lot size
8,276 sqft
ZIP code
56007
City
Albert Lea
Street
Tower Rd
Coordinates
43.64418, -93.39809

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,376
Gross rental yield
13.91%
Implied cap rate
9.04%
Trend-extrapolated value

Frequently asked questions

When did 2029 Tower Rd last sell?
2029 Tower Rd most recently sold on Aug 1, 2022 for $205,000.
What is the current tax assessment for 2029 Tower Rd?
The most recent total assessment for 2029 Tower Rd (year 2020) is $71,300 with $1,496 in property tax.
How does 2029 Tower Rd's assessment compare to its last sale price?
The current assessment is 65.2% below the last sale price of $205,000.
When was 2029 Tower Rd built?
2029 Tower Rd was built in 1969.
How does 2029 Tower Rd compare to others on Tower Rd?
We track 1 other property on Tower Rd. Browse the list under "Other properties on Tower Rd" to compare beds, baths, and sale history.
What are the property facts for 2029 Tower Rd?
2029 Tower Rd is a 3 bed, 2 bath, 1,584 sqft, 8,276 sqft lot single_family.
Is 2029 Tower Rd a flip candidate?
No — 2029 Tower Rd does not appear in our flips dataset.
Is 2029 Tower Rd a tax-appeal candidate?
No — 2029 Tower Rd 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

Explore nearby

Other properties on Tower Rd