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221 E College St; Albert Lea, MN Property Details

221 E College St, Albert Lea, MN is a Triplex 3 Units that was built in 1890. This property is currently a cash purchase and is not for sale. Our records show that 221 E College St has 4 bedrooms, and 1 bathroom, and a total of 1,742 square feet. The lot size of 221 E College St is 5,368 square feet.

Off market
221 E College St Albert Lea, MN 56007
$169,000 Listing Price
4 Beds
1 Baths
1,742 SqFt
Property Type
Triplex 3 Units
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1890
  • Purchase Price: $90,000
  • Est. Equity / %: $153,000 / 100%
  • APN: 34.001.4160
  • Situs County: Freeborn
  • Length Of Ownership: 15 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 12

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Poor
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,742/SqFt
  • Lot: 5,368/SqFt
  • Gross: 1,742/SqFt
  • Living: 1,742/SqFt
  • Basement: 615/SqFt
  • Building: 1,742/SqFt
  • Ground: 1,127/SqFt
  • Basement Finished: 615/SqFt
  • Basement Unfinished: 615/SqFt
  • Price Per Square Foot: $51.66

Legal Description

  • Description: ALBERT LEA ORIGINAL PLAT LOT-1&2 BLOCK-028 E 1/2 LOT 1 & S 22 FT OF E 1/2 LOT 2 BLK 28 ORIGINAL PLAT
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.647118 / -93.366325
  • Subdivision: Albert Lea Original Plat
  • Property Class: Residential
  • Zoning: B3
  • County Use Code: 206

Amenities

  • Plus Four: 2924
  • Bathroom Fixtures: 1
  • Heating: None

Ownership Info

221 E College St has no associated ownership info
221 E College St has no associated ownership info.

Taxes

221 E College St has 10 associated Taxes items

221 E College 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 $41,100. The APN we've located for 221 E College St is 34.001.4160.

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Taxes
  • Assessed Value:  $41,100
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.001.4160
  • Assessed Land Value:  14500
  • Market Land Value:  14500
  • Tax Amount:  1986
  • Tax Year:  2026
  • Market Value:  41100
  • Market Year:  2026

Tax History

221 E College St has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $41,100 Land Value $14,500 Improvement Value $26,600 Tax Amount $1,986 Change Rate Assessed CR Tax Rate +0.048321%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,986 Change Rate -0.257292% Assessed CR Tax Rate
Year 2024 Assessed Value $75,400 Land Value $6,200 Improvement Value $69,200 Tax Amount $2,674 Change Rate +0.045348% Assessed CR Tax Rate +0.035464%
Year 2023 Assessed Value $69,900 Land Value $6,200 Improvement Value $63,700 Tax Amount $2,558 Change Rate +0.714477% Assessed CR Tax Rate +0.036595%
Year 2022 Assessed Value $7,800 Land Value $6,200 Improvement Value $1,600 Tax Amount $1,492 Change Rate -0.02228% Assessed CR Tax Rate +0.191282%
Year 2021 Assessed Value $7,300 Land Value $6,200 Improvement Value $1,100 Tax Amount $1,526 Change Rate -0.024297% Assessed CR Tax Rate +0.209041%
Year 2020 Assessed Value $7,200 Land Value $6,200 Improvement Value $1,000 Tax Amount $1,564 Change Rate +0.005141% Assessed CR Tax Rate +0.217222%
Year 2019 Assessed Value $6,600 Land Value $5,700 Improvement Value $900 Tax Amount $1,556 Change Rate +0.073103% Assessed CR Tax Rate +0.235758%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,450 Change Rate +2.918919% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $370 Change Rate +0.039326% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $356 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $356 Change Rate -0.736686% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,352 Change Rate Assessed CR Tax Rate
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