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121 Lake Ave; Albert Lea, MN Property Details

121 Lake Ave, Albert Lea, MN is a Duplex 2 Units that was built in 1908. This property is currently Financed and is not for sale. Our records show that 121 Lake Ave has 5 bedrooms, and 1 bathroom, and a total of 2,044 square feet. The lot size of 121 Lake Ave is 5,200 square feet.

Off market
121 Lake Ave Albert Lea, MN 56007
$100,000 Listing Price
5 Beds
1 Baths
2,044 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1908
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $66,903
  • Est. Equity / %: $69,097 / 50.81%
  • APN: 34.001.1080
  • Situs County: Freeborn
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,044/SqFt
  • Lot: 5,200/SqFt
  • Gross: 2,044/SqFt
  • Living: 2,044/SqFt
  • Basement: 1,022/SqFt
  • Building: 2,044/SqFt
  • Ground: 1,022/SqFt
  • Basement Unfinished: 1,022/SqFt
  • Price Per Square Foot: $48.92

Legal Description

  • Description: ALBERT LEA ORIGINAL PLAT BLOCK-010 N 52 FT S 90 FT LOTS 9,10,11 & W 1 FT N 50 FT S 90 FT LOT 12 BLK 10 LESS PT LOTS 11 & 12 B
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.649143 / -93.364555
  • Subdivision: Albert Lea Original Plat
  • Property Class: Residential
  • Zoning: B2
  • County Use Code: 206

Amenities

  • Plus Four: 2930
  • Bathroom Fixtures: 1
  • Heating: Baseboard

Ownership Info

121 Lake Ave has no associated ownership info
121 Lake Ave has no associated ownership info.

Taxes

121 Lake Ave has 10 associated Taxes items

121 Lake Ave, 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 $128,600. The APN we've located for 121 Lake Ave is 34.001.1080.

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Taxes
  • Assessed Value:  $128,600
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.001.1080
  • Assessed Land Value:  12700
  • Market Land Value:  12700
  • Tax Amount:  2498
  • Tax Year:  2025
  • Market Value:  128600
  • Market Year:  2026

Tax History

121 Lake Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $128,600 Land Value $12,700 Improvement Value $115,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,498 Change Rate +0.269309% Assessed CR Tax Rate
Year 2024 Assessed Value $98,500 Land Value $5,900 Improvement Value $92,600 Tax Amount $1,968 Change Rate +0.106862% Assessed CR Tax Rate +0.01998%
Year 2023 Assessed Value $91,100 Land Value $5,900 Improvement Value $85,200 Tax Amount $1,778 Change Rate -0.343427% Assessed CR Tax Rate +0.019517%
Year 2022 Assessed Value $117,900 Land Value $5,900 Improvement Value $112,000 Tax Amount $2,708 Change Rate +0.047177% Assessed CR Tax Rate +0.022969%
Year 2021 Assessed Value $83,000 Land Value $5,900 Improvement Value $77,100 Tax Amount $2,586 Change Rate -0.03723% Assessed CR Tax Rate +0.031157%
Year 2020 Assessed Value $79,200 Land Value $5,900 Improvement Value $73,300 Tax Amount $2,686 Change Rate +0.459783% Assessed CR Tax Rate +0.033914%
Year 2019 Assessed Value $40,300 Land Value $5,400 Improvement Value $34,900 Tax Amount $1,840 Change Rate +0.001088% Assessed CR Tax Rate +0.045658%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,838 Change Rate +0.926625% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $954 Change Rate +0.036957% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $920 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $920 Change Rate -0.248366% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,224 Change Rate Assessed CR Tax Rate