315 William St
Albert Lea, MN 56007
4 bd 3 ba 1,751 sqft Built 1898 Lot 6,098 sqft multi_family
Most recent sale
$110,000
Feb 22, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 22, 2024 | Sold | $110,000 | NorthstarMLS |
| Dec 7, 2023 | Listed | $129,999 | NorthstarMLS |
| May 24, 2023 | Sold | $72,000 | Public Record |
| Oct 19, 2004 | Sold | $48,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $79,100 | $5,800 | $84,900 | $1,722 |
| 2023 | $72,500 | $5,800 | $78,300 | $1,926 |
| 2022 | $48,600 | $5,800 | $54,400 | $1,662 |
| 2021 | $43,700 | $5,800 | $49,500 | $1,580 |
| 2020 | $46,100 | $5,800 | $51,900 | $1,640 |
| 2019 | $29,500 | $5,300 | $34,800 | $1,280 |
| 2018 | $26,000 | $5,300 | $31,300 | $744 |
| 2017 | $26,000 | $6,000 | $32,000 | $718 |
| 2016 | $19,294 | $3,606 | $22,900 | $480 |
| 2015 | $19,294 | $3,606 | $22,900 | $466 |
| 2014 | $19,294 | $3,606 | $22,900 | $470 |
| 2013 | $19,594 | $3,606 | $23,200 | $524 |
| 2012 | $23,187 | $4,913 | $28,100 | $610 |
| 2011 | $37,600 | $7,900 | $45,500 | $586 |
| 2009 | $38,900 | — | $46,800 | $594 |
| 2007 | $39,500 | $7,900 | $47,400 | $544 |
Property facts
Year built
1898
Property type
multi_family
Stories
2
Beds
4
Baths
3
Living area
1,751 sqft
Lot size
6,098 sqft
ZIP code
56007
City
Albert Lea
Street
William St
Coordinates
43.64920, -93.36531
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 315 William St last sell?
315 William St most recently sold on Feb 22, 2024 for $110,000.
What is the current tax assessment for 315 William St?
The most recent total assessment for 315 William St (year 2025) is $84,900 with $1,722 in property tax.
How does 315 William St's assessment compare to its last sale price?
The current assessment is 22.8% below the last sale price of $110,000.
When was 315 William St built?
315 William St was built in 1898.
How does 315 William St compare to others on William St?
We track 8 other properties on William St. Browse the list under "Other properties on William St" to compare beds, baths, and sale history.
What are the property facts for 315 William St?
315 William St is a 4 bed, 3 bath, 1,751 sqft, 6,098 sqft lot multi_family.
Is 315 William St a flip candidate?
Yes — 315 William St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 315 William St a tax-appeal candidate?
No — 315 William 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 William St