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1507 Academy Ave; Albert Lea, MN Property Details

1507 Academy Ave, Albert Lea, MN is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 1507 Academy Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,193 square feet. The lot size of 1507 Academy Ave is 8,580 square feet.

Off market
1507 Academy Ave Albert Lea, MN 56007
$99,900 Listing Price
3 Beds
2 Baths
1,193 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $99,900
  • Open Loans / Balance: 1 / $88,049
  • Est. Equity / %: $92,951 / 51.35%
  • APN: 34.073.0040
  • Situs County: Freeborn
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,193/SqFt
  • Lot: 8,580/SqFt
  • Garage: 576/SqFt
  • Living: 1,193/SqFt
  • Basement: 442/SqFt
  • Building: 1,193/SqFt
  • Ground: 1,100/SqFt
  • Basement Finished: 442/SqFt
  • Garage Unfinished: 576/SqFt
  • Basement Unfinished: 884/SqFt
  • Price Per Square Foot: $83.74

Legal Description

  • Description: TOLZMAN SUBDIVISION LOT 4 TOLZMAN SUBD
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: 43.632584 / -93.357185
  • Subdivision: Tolzman Subdivision
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3205
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

1507 Academy Ave has no associated ownership info
1507 Academy Ave has no associated ownership info.

Taxes

1507 Academy Ave has 10 associated Taxes items

1507 Academy 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 $151,900. The APN we've located for 1507 Academy Ave is 34.073.0040.

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Taxes
  • Assessed Value:  $151,900
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.073.0040
  • Assessed Land Value:  25100
  • Market Land Value:  25100
  • Tax Amount:  1936
  • Tax Year:  2025
  • Market Value:  151900
  • Market Year:  2026

Tax History

1507 Academy Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $151,900 Land Value $25,100 Improvement Value $126,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,936 Change Rate +0.202484% Assessed CR Tax Rate
Year 2024 Assessed Value $130,400 Land Value $10,000 Improvement Value $120,400 Tax Amount $1,610 Change Rate +0.015132% Assessed CR Tax Rate +0.012347%
Year 2023 Assessed Value $123,800 Land Value $10,600 Improvement Value $113,200 Tax Amount $1,586 Change Rate +0.315091% Assessed CR Tax Rate +0.012811%
Year 2022 Assessed Value $115,200 Land Value $10,600 Improvement Value $104,600 Tax Amount $1,206 Change Rate +0.054196% Assessed CR Tax Rate +0.010469%
Year 2021 Assessed Value $90,800 Land Value $10,600 Improvement Value $80,200 Tax Amount $1,144 Change Rate -0.239362% Assessed CR Tax Rate +0.012599%
Year 2020 Assessed Value $82,000 Land Value $10,600 Improvement Value $71,400 Tax Amount $1,504 Change Rate +0.065156% Assessed CR Tax Rate +0.018341%
Year 2019 Assessed Value $78,100 Land Value $9,900 Improvement Value $68,200 Tax Amount $1,412 Change Rate +0.061654% Assessed CR Tax Rate +0.018079%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,330 Change Rate +0.052215% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,264 Change Rate +0.03268% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,224 Change Rate -0.090639% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,346 Change Rate +0.26742% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,062 Change Rate Assessed CR Tax Rate