Large Location Icon

551 Railroad Ave; Albany, MN Property Details

551 Railroad Ave, Albany, MN is a Retail Stores that was built in 1948. This property is not for sale. Our records show that 551 Railroad Ave has a total of 5,618 square feet. The lot size of 551 Railroad Ave is 10,500 square feet.

Off market
551 Railroad Ave Albany, MN 56307
$465,500 Estimated Value
5,618 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1948
  • Purchase Price: $110,000
  • Open Loans / Balance: 1 / $75,938
  • APN: 40.25582.0000
  • Situs County: Stearns
  • Length Of Ownership: 23 years

Structure

  • Building Style: Masonry
  • Exterior Wall Type: Wood
  • Building Quality: C
  • Roof Type: Flat
  • Roof Cover Type: Built-up

Measurements

  • Total: 5,618/SqFt
  • Lot: 10,500/SqFt
  • Gross: 1,722/SqFt
  • Living: 5,618/SqFt
  • Building: 5,618/SqFt
  • Ground: 4,070/SqFt
  • Price Per Square Foot: $19.58

Legal Description

  • Description: LTS 12-13 & 14 BLK 18 TOWNSITE OF ALBANY SECTION 15 TOWNSHIP 125 RANGE 031 TOWNSITE OF ALBANY SECTION 15 TOWNSHIP 125 RANGE
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albany Public School District
  • Lat / Lon: 45.630196 / -94.570786
  • Subdivision: Townsite Of Albany
  • Property Class: Commercial

Amenities

  • Plus Four: 9804

Ownership Info

551 Railroad Ave has no associated ownership info
551 Railroad Ave has no associated ownership info.

Taxes

551 Railroad Ave has 10 associated Taxes items

551 Railroad Ave, Albany, MN pays taxes in Stearns County, MN. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $465,500. The APN we've located for 551 Railroad Ave is 40.25582.0000.

Unlock the full report
Taxes
  • Assessed Value:  $465,500
  • Assessed Year:  2026
  • Assessed County:  Stearns
  • APN:  40.25582.0000
  • Assessed Land Value:  63400
  • Market Land Value:  63400
  • Tax Amount:  12116
  • Tax Year:  2026
  • Market Value:  465500
  • Market Year:  2026

Tax History

551 Railroad Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $465,500 Land Value $63,400 Improvement Value $402,100 Tax Amount $12,116 Change Rate Assessed CR Tax Rate +0.026028%
Year 2025 Assessed Value $419,500 Land Value $60,400 Improvement Value $359,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $405,600 Land Value $60,400 Improvement Value $345,200 Tax Amount $11,838 Change Rate +0.609299% Assessed CR Tax Rate +0.029186%
Year 2023 Assessed Value $380,600 Land Value $60,400 Improvement Value $320,200 Tax Amount $7,356 Change Rate -0.022069% Assessed CR Tax Rate +0.019327%
Year 2022 Assessed Value $256,700 Land Value $57,800 Improvement Value $198,900 Tax Amount $7,522 Change Rate +0.002399% Assessed CR Tax Rate +0.029303%
Year 2021 Assessed Value $256,700 Land Value $57,800 Improvement Value $198,900 Tax Amount $7,504 Change Rate +0.015152% Assessed CR Tax Rate +0.029233%
Year 2020 Assessed Value $252,300 Land Value $57,800 Improvement Value $194,500 Tax Amount $7,392 Change Rate -0.057624% Assessed CR Tax Rate +0.029298%
Year 2019 Assessed Value $247,700 Land Value $57,800 Improvement Value $189,900 Tax Amount $7,844 Change Rate +0.04087% Assessed CR Tax Rate +0.031667%
Year 2018 Assessed Value $241,400 Land Value $55,100 Improvement Value $186,300 Tax Amount $7,536 Change Rate -0.077149% Assessed CR Tax Rate +0.031218%
Year 2017 Assessed Value $237,200 Land Value $55,100 Improvement Value $182,100 Tax Amount $8,166 Change Rate -0.031776% Assessed CR Tax Rate +0.034427%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $8,434 Change Rate +0.014922% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $8,310 Change Rate Assessed CR Tax Rate