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1507 Elm St; Albert Lea, MN Property Details

1507 Elm St, Albert Lea, MN is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 1507 Elm St has 3 bedrooms, and 1 bathroom, and a total of 1,032 square feet. The lot size of 1507 Elm St is 10,890 square feet.

Off market
1507 Elm St Albert Lea, MN 56007
$85,000 Listing Price
3 Beds
1 Baths
1,032 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $87,630
  • Open Loans / Balance: 1 / $70,376
  • Est. Equity / %: $94,624 / 57.35%
  • APN: 34.461.0100
  • Situs County: Freeborn
  • Length Of Ownership: 8 years, 8 months

Rooms

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

Structure

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

Measurements

  • Total: 1,032/SqFt
  • Lot: 10,890/SqFt
  • Garage: 520/SqFt
  • Living: 1,032/SqFt
  • Basement: 500/SqFt
  • Building: 1,032/SqFt
  • Ground: 1,002/SqFt
  • Basement Finished: 500/SqFt
  • Garage Unfinished: 520/SqFt
  • Basement Unfinished: 1,032/SqFt
  • Price Per Square Foot: $84.91

Legal Description

  • Description: SECT-31 TWP-103 RANGE-021 ELMWOOD TERRACE SUBDIVISION LOT 10 BLK 2 ELMWOOD TERRACE SUBD 31-103-21 CITY OF ALBERT LEA
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: 43.678146 / -93.38949
  • Subdivision: Elmwood Terrace Subdivision
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4103
  • Bathroom Fixtures: 1
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

1507 Elm St has no associated ownership info
1507 Elm St has no associated ownership info.

Taxes

1507 Elm St has 10 associated Taxes items

1507 Elm 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 $145,000. The APN we've located for 1507 Elm St is 34.461.0100.

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Taxes
  • Assessed Value:  $145,000
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.461.0100
  • Assessed Land Value:  14400
  • Market Land Value:  14400
  • Tax Amount:  3088
  • Tax Year:  2025
  • Market Value:  145000
  • Market Year:  2026

Tax History

1507 Elm St has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $145,000 Land Value $14,400 Improvement Value $130,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,088 Change Rate +0.04607% Assessed CR Tax Rate
Year 2024 Assessed Value $134,000 Land Value $14,400 Improvement Value $119,600 Tax Amount $2,952 Change Rate +0.023578% Assessed CR Tax Rate +0.02203%
Year 2023 Assessed Value $123,600 Land Value $14,400 Improvement Value $109,200 Tax Amount $2,884 Change Rate +0.157303% Assessed CR Tax Rate +0.023333%
Year 2022 Assessed Value $126,600 Land Value $8,200 Improvement Value $118,400 Tax Amount $2,492 Change Rate -0.011111% Assessed CR Tax Rate +0.019684%
Year 2021 Assessed Value $88,100 Land Value $8,200 Improvement Value $79,900 Tax Amount $2,520 Change Rate +0.066892% Assessed CR Tax Rate +0.028604%
Year 2020 Assessed Value $89,600 Land Value $8,200 Improvement Value $81,400 Tax Amount $2,362 Change Rate +1.018803% Assessed CR Tax Rate +0.026362%
Year 2019 Assessed Value $89,600 Land Value $8,200 Improvement Value $81,400 Tax Amount $1,170 Change Rate Assessed CR Tax Rate +0.013058%