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124 E 3rd St; Albert Lea, MN Property Details

124 E 3rd St, Albert Lea, MN is a Duplex 2 Units that was built in 1878. This property is currently a cash purchase and is not for sale. Our records show that 124 E 3rd St has 4 bedrooms, and 1 bathroom, and a total of 1,864 square feet. The lot size of 124 E 3rd St is 6,534 square feet.

Off market
124 E 3rd St Albert Lea, MN 56007
$142,900 Estimated Value
4 Beds
1 Baths
1,864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1878
  • Purchase Price: $60,000
  • Est. Equity / %: $146,000 / 100%
  • APN: 34.033.0740
  • Situs County: Freeborn
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Floating Floor/laminate
  • Stories: 2
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,864/SqFt
  • Lot: 6,534/SqFt
  • Gross: 1,864/SqFt
  • Living: 1,864/SqFt
  • Basement: 987/SqFt
  • Building: 1,864/SqFt
  • Ground: 1,012/SqFt
  • Basement Unfinished: 987/SqFt
  • Price Per Square Foot: $32.19

Legal Description

  • Description: HALL'S ADDITION BLOCK-003 E 66 FT LOTS 11 & 12 LESS TRACT 4 X 2 RDS IN SE 1/4 BLK 3 HALLS ADDITION
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: 43.64152 / -93.367615
  • Subdivision: Hall'S Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 206

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4553
  • Bathroom Fixtures: 1
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

124 E 3rd St has no associated ownership info
124 E 3rd St has no associated ownership info.

Taxes

124 E 3rd St has 10 associated Taxes items

124 E 3rd St, 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 $142,900. The APN we've located for 124 E 3rd St is 34.033.0740.

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Taxes
  • Assessed Value:  $142,900
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.033.0740
  • Assessed Land Value:  15000
  • Market Land Value:  15000
  • Tax Amount:  2758
  • Tax Year:  2025
  • Market Value:  142900
  • Market Year:  2026

Tax History

124 E 3rd St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $142,900 Land Value $15,000 Improvement Value $127,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,758 Change Rate -0.018505% Assessed CR Tax Rate
Year 2024 Assessed Value $143,100 Land Value $15,000 Improvement Value $128,100 Tax Amount $2,810 Change Rate +0.109795% Assessed CR Tax Rate +0.019637%
Year 2023 Assessed Value $132,900 Land Value $15,000 Improvement Value $117,900 Tax Amount $2,532 Change Rate +0.161468% Assessed CR Tax Rate +0.019052%
Year 2022 Assessed Value $127,700 Land Value $10,500 Improvement Value $117,200 Tax Amount $2,180 Change Rate +0.080278% Assessed CR Tax Rate +0.017071%
Year 2021 Assessed Value $90,400 Land Value $10,500 Improvement Value $79,900 Tax Amount $2,018 Change Rate -0.147084% Assessed CR Tax Rate +0.022323%
Year 2020 Assessed Value $97,800 Land Value $10,500 Improvement Value $87,300 Tax Amount $2,366 Change Rate +0.257173% Assessed CR Tax Rate +0.024192%
Year 2019 Assessed Value $84,400 Land Value $9,000 Improvement Value $75,400 Tax Amount $1,882 Change Rate -0.02487% Assessed CR Tax Rate +0.022299%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,930 Change Rate +0.175396% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,642 Change Rate +0.028822% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,596 Change Rate -0.006227% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,606 Change Rate -0.155626% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,902 Change Rate Assessed CR Tax Rate