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524 Water St

Albert Lea, MN 56007

3 bd 2 ba 1,661 sqft Built 1925 Lot 8,712 sqft multi_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

YearBuildingLandTotal assessedTax paid
2025 $99,600 $13,900 $113,500 $2,256
2023 $86,500 $13,900 $100,400 $1,950
2022 $56,700 $13,900 $70,600 $1,618
2021 $51,000 $13,900 $64,900 $1,508
2018 $3,884 $5,916 $9,800 $256
2017 $3,312 $7,888 $11,200 $268
2016 $8,040 $7,860 $15,900 $354
2015 $9,158 $7,842 $17,000 $362
2014 $9,758 $7,842 $17,600 $376
2013 $11,832 $7,868 $19,700 $454
2012 $24,209 $6,591 $30,800 $664
2011 $40,400 $11,000 $51,400 $680
2009 $40,400 $40,400 $648
2007 $40,400 $15,600 $56,000 $594

Property facts

Year built
1925
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,661 sqft
Lot size
8,712 sqft
ZIP code
56007
City
Albert Lea
Street
Water St
Coordinates
43.65086, -93.37509

Comparable properties nearby

Frequently asked questions

When did 524 Water St last sell?
No public-record sale is on file for 524 Water St.
What is the current tax assessment for 524 Water St?
The most recent total assessment for 524 Water St (year 2025) is $113,500 with $2,256 in property tax.
When was 524 Water St built?
524 Water St was built in 1925.
How does 524 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 524 Water St?
524 Water St is a 3 bed, 2 bath, 1,661 sqft, 8,712 sqft lot multi_family.
Is 524 Water St a flip candidate?
No — 524 Water St does not appear in our flips dataset.
Is 524 Water St a tax-appeal candidate?
No — 524 Water St 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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