Taxes
- Assessed Value: $153,500
- Assessed Year: 2026
- Assessed County: Freeborn
- APN: 34.203.0020
- Assessed Land Value: 16100
- Market Land Value: 16100
- Tax Amount: 1962
- Tax Year: 2026
- Market Value: 153500
- Market Year: 2026
1007 Fairlane Ter; Albert Lea, MN Property Details
Off market
1007 Fairlane Ter Albert Lea, MN 56007
$119,900 Listing Price
3 Beds
2 Baths
960 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1959
- Purchase Price: $119,900
- Est. Equity / %: $210,000 / 100%
- APN: 34.203.0020
- Situs County: Freeborn
- Length Of Ownership: 8 years
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 6
Structure
- Building Style: Frame
- Floor Cover Type: Hardwood
- Stories: 1
- Exterior Wall Type: Metal
- Interior Wall Type: Plaster
- Building Condition: Average
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Deck: true
Measurements
- Total: 960/SqFt
- Lot: 8,832/SqFt
- Garage: 288/SqFt
- Living: 960/SqFt
- Basement: 616/SqFt
- Building: 960/SqFt
- Ground: 960/SqFt
- Basement Finished: 616/SqFt
- Garage Unfinished: 288/SqFt
- Basement Unfinished: 960/SqFt
- Price Per Square Foot: $124.90
Legal Description
- Description: RIDGEWOOD PARK 2ND SUB, REPLAT LOT-002 BLOCK-011 COM NW COR LOT 2 TH ELY ALG N SIDE OF SD LOT 125.8 FT TH SLY 37 FT TH WLY TO
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Albert Lea Public School District
- Lat / Lon: 43.661995 / -93.35599
- Subdivision: Ridgewood Park 2nd Sub, Replat
- Property Class: Residential
- County Use Code: 201
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3557
- Bathroom Fixtures: 2
- Cooling: Yes
- Garage: Attached Garage
- Heating: Forced air unit
Ownership Info
1007 Fairlane Ter has no associated ownership info
1007 Fairlane Ter has no associated ownership info.
Taxes
1007 Fairlane Ter has 10 associated Taxes items
1007 Fairlane Ter, Albert Lea, MN pays taxes in Freeborn County, MN. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $153,500. The APN we've located for 1007 Fairlane Ter is 34.203.0020.
Unlock the full reportTax History
1007 Fairlane Ter has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $153,500 | Land Value $16,100 | Improvement Value $137,400 | Tax Amount $1,962 | Change Rate | Assessed CR | Tax Rate +0.012782% |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,962 | Change Rate +0.130184% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $137,900 | Land Value $16,100 | Improvement Value $121,800 | Tax Amount $1,736 | Change Rate +0.097345% | Assessed CR | Tax Rate +0.012589% |
| Year 2023 | Assessed Value $123,500 | Land Value $16,100 | Improvement Value $107,400 | Tax Amount $1,582 | Change Rate +0.109397% | Assessed CR | Tax Rate +0.01281% |
| Year 2022 | Assessed Value $122,700 | Land Value $16,100 | Improvement Value $106,600 | Tax Amount $1,426 | Change Rate -0.029932% | Assessed CR | Tax Rate +0.011622% |
| Year 2021 | Assessed Value $102,400 | Land Value $16,100 | Improvement Value $86,300 | Tax Amount $1,470 | Change Rate -0.018692% | Assessed CR | Tax Rate +0.014355% |
| Year 2020 | Assessed Value $105,700 | Land Value $14,900 | Improvement Value $90,800 | Tax Amount $1,498 | Change Rate +0.254606% | Assessed CR | Tax Rate +0.014172% |
| Year 2019 | Assessed Value $90,800 | Land Value $13,100 | Improvement Value $77,700 | Tax Amount $1,194 | Change Rate +0.248954% | Assessed CR | Tax Rate +0.01315% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $956 | Change Rate +0.369628% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $698 | Change Rate +0.06079% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $658 | Change Rate -0.122667% | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $750 | Change Rate -0.352332% | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,158 | Change Rate | Assessed CR | Tax Rate |