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2002 Wedgewood Rd

Albert Lea, MN 56007

3 bd 1 ba 1,794 sqft Built 1967 Lot 9,235 sqft single_family
Most recent sale
$86,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $86,000 MLS #6156177
Feb 24, 2022 Listed $94,900 MLS #6156177

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $98,000 $14,700 $112,700 $1,800
2023 $104,900 $13,100 $118,000 $1,826
2022 $81,600 $13,100 $94,700 $1,718
2021 $60,200 $1,190
2020 $60,200 $1,268
2019 $61,500 $1,034
2018 $48,900 $866
2017 $32,444 $6,956 $39,400 $894
2016 $35,024 $8,276 $43,300 $908
2015 $35,612 $8,288 $43,900 $896
2014 $36,120 $8,280 $44,400 $916
2013 $36,720 $8,280 $45,000 $1,160
2012 $44,355 $8,845 $53,200 $1,082
2011 $39,424 $10,276 $49,700 $1,102
2009 $66,600 $16,500 $83,100 $1,268
2008 $75,700 $92,200 $1,114
2007 $72,100 $15,700 $87,800 $928

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,794 sqft
Lot size
9,235 sqft
ZIP code
56007
City
Albert Lea
Street
Wedgewood Rd
Coordinates
43.64983, -93.39676

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$516
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2002 Wedgewood Rd last sell?
2002 Wedgewood Rd most recently sold on Apr 15, 2022 for $86,000.
What is the current tax assessment for 2002 Wedgewood Rd?
The most recent total assessment for 2002 Wedgewood Rd (year 2025) is $112,700 with $1,800 in property tax.
How does 2002 Wedgewood Rd's assessment compare to its last sale price?
The current assessment is 31.0% above the last sale price of $86,000.
When was 2002 Wedgewood Rd built?
2002 Wedgewood Rd was built in 1967.
How does 2002 Wedgewood Rd compare to others on Wedgewood Rd?
We track 8 other properties on Wedgewood Rd. Browse the list under "Other properties on Wedgewood Rd" to compare beds, baths, and sale history.
What are the property facts for 2002 Wedgewood Rd?
2002 Wedgewood Rd is a 3 bed, 1 bath, 1,794 sqft, 9,235 sqft lot single_family.
Is 2002 Wedgewood Rd a flip candidate?
No — 2002 Wedgewood Rd does not appear in our flips dataset.
Is 2002 Wedgewood Rd a tax-appeal candidate?
Yes — 2002 Wedgewood Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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