815 Water St
Albert Lea, MN 56007
3 bd 1 ba 2,073 sqft Built 1915 Lot 3,920 sqft single_family
Most recent sale
$87,500
Apr 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2022 | Sold | $87,500 | MLS #6118790 |
| Oct 30, 2021 | Listed | $87,500 | MLS #6118790 |
| Mar 11, 2019 | Listing removed | $49,900 | NorthstarMLS |
| Dec 10, 2018 | Listing removed | $49,900 | GreaterLakes |
| Feb 16, 2017 | Sold | $43,000 | MLS #5106906 |
| Feb 2, 2017 | Listed | $43,000 | MLS #4076813 |
| Jan 16, 2017 | Listed | $43,000 | MLS #5106906 |
| Jan 1, 2017 | Sold | $43,100 | Public Record |
| Jan 15, 2016 | Listing removed | $49,900 | Southeastminnesota |
| Nov 11, 2015 | Price changed | $49,900 | MLS #4064475 |
| Sep 30, 2015 | Price changed | $54,500 | MLS #4064475 |
| Aug 5, 2015 | Price changed | $59,900 | MLS #4064475 |
| Jul 15, 2015 | Listed | $62,000 | MLS #4064475 |
| Jul 13, 2015 | Listed | $49,900 | MLS #5084573 |
| Jul 25, 2012 | Listing removed | $72,500 | Mankato |
| Dec 20, 2011 | Listing removed | $49,900 | Southeastminnesota |
| Sep 28, 2011 | Price changed | $49,900 | MLS #4024442 |
| Sep 9, 2011 | Price changed | $51,000 | MLS #4024442 |
| Jul 28, 2011 | Listing removed | $59,900 | NorthstarMLS |
| Mar 8, 2011 | Relisted | $54,900 | MLS #4024442 |
| Feb 28, 2011 | Listing removed | $59,900 | Southeastminnesota |
| Sep 29, 2010 | Listed | $59,900 | MLS #4024442 |
| Sep 28, 2010 | Listed | $59,900 | MLS #3975932 |
| Jul 30, 2008 | Listing removed | $72,500 | Southeastminnesota |
| Jun 27, 2007 | Listed | $72,500 | MLS #2931781 |
| Jun 26, 2007 | Listed | $72,500 | MLS #4314313 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $35,100 | $7,600 | $42,700 | $804 |
| 2021 | $33,600 | $7,600 | $41,200 | $784 |
| 2020 | $33,600 | $7,600 | $41,200 | $1,076 |
| 2019 | $51,200 | $6,600 | $57,800 | $880 |
| 2018 | $42,300 | $5,500 | $47,800 | $886 |
| 2017 | $42,300 | $5,500 | $47,800 | $726 |
| 2016 | $35,600 | $5,700 | $41,300 | $688 |
| 2015 | $33,400 | $5,700 | $39,100 | $700 |
| 2014 | $35,600 | $5,700 | $41,300 | $740 |
| 2013 | $37,900 | $5,700 | $43,600 | $902 |
| 2012 | $42,700 | $5,700 | $48,400 | $1,032 |
| 2011 | $50,900 | $5,500 | $56,400 | $936 |
| 2009 | $50,900 | $6,200 | $57,100 | $914 |
| 2008 | $50,900 | $6,200 | $57,100 | $868 |
| 2007 | $48,500 | $5,900 | $54,400 | $748 |
Property facts
Year built
1915
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
2,073 sqft
Lot size
3,920 sqft
ZIP code
56007
City
Albert Lea
Street
Water St
Coordinates
43.65026, -93.37936
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$525
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 815 Water St last sell?
815 Water St most recently sold on Apr 1, 2022 for $87,500.
What is the current tax assessment for 815 Water St?
The most recent total assessment for 815 Water St (year 2022) is $42,700 with $804 in property tax.
How does 815 Water St's assessment compare to its last sale price?
The current assessment is 51.2% below the last sale price of $87,500.
When was 815 Water St built?
815 Water St was built in 1915.
How does 815 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 815 Water St?
815 Water St is a 3 bed, 1 bath, 2,073 sqft, 3,920 sqft lot single_family.
Is 815 Water St a flip candidate?
No — 815 Water St does not appear in our flips dataset.
Is 815 Water St a tax-appeal candidate?
No — 815 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