506 Water St
Albert Lea, MN 56007
3 bd 2 ba 1,472 sqft Built 1888 Lot 4,026 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | $5,200 | $5,800 | $11,000 | $248 |
| 2019 | $4,400 | $4,900 | $9,300 | $202 |
| 2018 | $19,100 | $4,900 | $24,000 | $460 |
| 2017 | $23,005 | $3,595 | $26,600 | $936 |
| 2016 | $21,506 | $3,594 | $25,100 | $490 |
| 2015 | $23,005 | $3,595 | $26,600 | $504 |
| 2014 | $24,403 | $3,597 | $28,000 | $532 |
| 2013 | $27,402 | $3,598 | $31,000 | $650 |
| 2012 | $25,115 | $3,485 | $28,600 | $590 |
| 2011 | $41,800 | $5,800 | $47,600 | $604 |
| 2009 | $41,800 | — | $41,800 | $576 |
| 2007 | $41,800 | $8,200 | $50,000 | $674 |
Property facts
Year built
1888
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,472 sqft
Lot size
4,026 sqft
ZIP code
56007
City
Albert Lea
Street
Water St
Coordinates
43.65086, -93.37403
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 506 Water St last sell?
No public-record sale is on file for 506 Water St.
What is the current tax assessment for 506 Water St?
The most recent total assessment for 506 Water St (year 2020) is $11,000 with $248 in property tax.
When was 506 Water St built?
506 Water St was built in 1888.
How does 506 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 506 Water St?
506 Water St is a 3 bed, 2 bath, 1,472 sqft, 4,026 sqft lot single_family.
Is 506 Water St a flip candidate?
No — 506 Water St does not appear in our flips dataset.
Is 506 Water St a tax-appeal candidate?
No — 506 Water St 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 Water St