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122 S 3rd Ave; Albert Lea, MN Property Details

122 S 3rd Ave, Albert Lea, MN is a Single Family that was built in 1947. This property is currently Financed and is not for sale. Our records show that 122 S 3rd Ave has 3 bedrooms, and 1 bathroom, and a total of 1,004 square feet. The lot size of 122 S 3rd Ave is 6,480 square feet.

Off market
122 S 3rd Ave Albert Lea, MN 56007
$120,000 Estimated Value
3 Beds
1 Baths
1,004 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $4,800
  • Open Loans / Balance: 1 / $89,252
  • Est. Equity / %: $74,748 / 45.58%
  • APN: 34.007.7510
  • Situs County: Freeborn
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,004/SqFt
  • Lot: 6,480/SqFt
  • Garage: 288/SqFt
  • Living: 1,004/SqFt
  • Basement: 432/SqFt
  • Building: 1,004/SqFt
  • Ground: 720/SqFt
  • Basement Finished: 432/SqFt
  • Garage Unfinished: 288/SqFt
  • Basement Unfinished: 720/SqFt
  • Price Per Square Foot: $4.78

Legal Description

  • Description: MORIN'S ADDITION S 54 FT N 313 FT E 122 FT BLK 32 MORINS ADDITION
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: 43.64882 / -93.38278
  • Subdivision: Morin'S Addition
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1730
  • Bathroom Fixtures: 1
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

122 S 3rd Ave has no associated ownership info
122 S 3rd Ave has no associated ownership info.

Taxes

122 S 3rd Ave has 10 associated Taxes items

122 S 3rd 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 $120,000. The APN we've located for 122 S 3rd Ave is 34.007.7510.

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Taxes
  • Assessed Value:  $120,000
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.007.7510
  • Assessed Land Value:  22300
  • Market Land Value:  22300
  • Tax Amount:  1416
  • Tax Year:  2025
  • Market Value:  120000
  • Market Year:  2026

Tax History

122 S 3rd Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $120,000 Land Value $22,300 Improvement Value $97,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,416 Change Rate +0.421687% Assessed CR Tax Rate
Year 2024 Assessed Value $92,100 Land Value $11,000 Improvement Value $81,100 Tax Amount $996 Change Rate -0.01581% Assessed CR Tax Rate +0.010814%
Year 2023 Assessed Value $88,000 Land Value $11,000 Improvement Value $77,000 Tax Amount $1,012 Change Rate +0.13964% Assessed CR Tax Rate +0.0115%
Year 2022 Assessed Value $91,900 Land Value $11,000 Improvement Value $80,900 Tax Amount $888 Change Rate +0.025404% Assessed CR Tax Rate +0.009663%
Year 2021 Assessed Value $72,600 Land Value $11,000 Improvement Value $61,600 Tax Amount $866 Change Rate +0.0798% Assessed CR Tax Rate +0.011928%
Year 2020 Assessed Value $64,900 Land Value $9,400 Improvement Value $55,500 Tax Amount $802 Change Rate +0.222561% Assessed CR Tax Rate +0.012357%
Year 2019 Assessed Value $53,700 Land Value $7,900 Improvement Value $45,800 Tax Amount $656 Change Rate -0.006061% Assessed CR Tax Rate +0.012216%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $660 Change Rate +0.2% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $550 Change Rate -0.035088% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $570 Change Rate -0.053156% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $602 Change Rate -0.193029% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $746 Change Rate Assessed CR Tax Rate