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122 N 5th Ave; Albert Lea, MN Property Details

122 N 5th Ave, Albert Lea, MN is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 122 N 5th Ave has 2 bedrooms, and 1 bathroom, and a total of 995 square feet. The lot size of 122 N 5th Ave is 6,000 square feet.

Off market
122 N 5th Ave Albert Lea, MN 56007
$50,000 Listing Price
2 Beds
1 Baths
995 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Purchase Price: $50,000
  • Est. Equity / %: $127,000 / 100%
  • APN: 34.011.1300
  • Situs County: Freeborn
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Porch Type: Yes
  • Roof Cover Type: Asphalt

Measurements

  • Total: 995/SqFt
  • Lot: 6,000/SqFt
  • Garage: 242/SqFt
  • Living: 995/SqFt
  • Building: 995/SqFt
  • Ground: 983/SqFt
  • Garage Unfinished: 242/SqFt
  • Price Per Square Foot: $50.25

Legal Description

  • Description: MORIN FIELDS (SUBD OF SEC 7 & LOT-005 BLOCK-005 LOT 5 BLK 5 MORIN FIELDS SUB
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: 43.650566 / -93.38455
  • Subdivision: Morin Fields (Subd Of Sec 7 &
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1623
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

122 N 5th Ave has no associated ownership info
122 N 5th Ave has no associated ownership info.

Taxes

122 N 5th Ave has 10 associated Taxes items

122 N 5th 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 $112,700. The APN we've located for 122 N 5th Ave is 34.011.1300.

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Taxes
  • Assessed Value:  $112,700
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.011.1300
  • Assessed Land Value:  20600
  • Market Land Value:  20600
  • Tax Amount:  1770
  • Tax Year:  2025
  • Market Value:  112700
  • Market Year:  2026

Tax History

122 N 5th Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $112,700 Land Value $20,600 Improvement Value $92,100 Tax Amount $1,770 Change Rate Assessed CR Tax Rate +0.015705%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,770 Change Rate +0.215659% Assessed CR Tax Rate
Year 2024 Assessed Value $86,000 Land Value $10,200 Improvement Value $75,800 Tax Amount $1,456 Change Rate +0.126935% Assessed CR Tax Rate +0.01693%
Year 2023 Assessed Value $82,200 Land Value $10,200 Improvement Value $72,000 Tax Amount $1,292 Change Rate +0.030303% Assessed CR Tax Rate +0.015718%
Year 2022 Assessed Value $86,000 Land Value $10,200 Improvement Value $75,800 Tax Amount $1,254 Change Rate +0.009662% Assessed CR Tax Rate +0.014581%
Year 2021 Assessed Value $68,300 Land Value $10,200 Improvement Value $58,100 Tax Amount $1,242 Change Rate +0.514634% Assessed CR Tax Rate +0.018184%
Year 2020 Assessed Value $66,400 Land Value $8,700 Improvement Value $57,700 Tax Amount $820 Change Rate +0.220238% Assessed CR Tax Rate +0.012349%
Year 2019 Assessed Value $55,000 Land Value $7,300 Improvement Value $47,700 Tax Amount $672 Change Rate -0.005917% Assessed CR Tax Rate +0.012218%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $676 Change Rate +0.444444% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $468 Change Rate -0.016807% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $476 Change Rate -0.066667% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $510 Change Rate -0.357683% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $794 Change Rate Assessed CR Tax Rate