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224 E 2nd St; Albert Lea, MN Property Details

224 E 2nd St, Albert Lea, MN is a Single Family that was built in 1888. This property is currently a cash purchase and is not for sale. Our records show that 224 E 2nd St has 3 bedrooms, and 1 bathroom, and a total of 1,142 square feet. The lot size of 224 E 2nd St is 4,356 square feet.

Off market
224 E 2nd St Albert Lea, MN 56007
$7,500 Listing Price
3 Beds
1 Baths
1,142 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1888
  • Purchase Price: $43,000
  • Open Loans / Balance: 1 / $249,743
  • Est. Equity / %: $-132,743 / -113.46%
  • APN: 34.033.1220
  • Situs County: Freeborn
  • Length Of Ownership: 14 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Interior Wall Type: Plaster
  • Building Condition: Poor
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,142/SqFt
  • Lot: 4,356/SqFt
  • Living: 1,142/SqFt
  • Basement: 672/SqFt
  • Building: 1,142/SqFt
  • Ground: 672/SqFt
  • Basement Unfinished: 672/SqFt
  • Price Per Square Foot: $37.65

Legal Description

  • Description: HALL'S ADDITION LOT-PT6 BLOCK-005 N 66 FT LOT 6 BLK 5 HALLS 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: 43.64285 / -93.36588
  • Subdivision: Hall'S Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3002
  • Bathroom Fixtures: 1
  • Heating: Forced air unit

Ownership Info

224 E 2nd St has no associated ownership info
224 E 2nd St has no associated ownership info.

Taxes

224 E 2nd St has 10 associated Taxes items

224 E 2nd 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 $33,200. The APN we've located for 224 E 2nd St is 34.033.1220.

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Taxes
  • Assessed Value:  $33,200
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.033.1220
  • Assessed Land Value:  16400
  • Market Land Value:  16400
  • Tax Amount:  684
  • Tax Year:  2025
  • Market Value:  33200
  • Market Year:  2026

Tax History

224 E 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $33,200 Land Value $16,400 Improvement Value $16,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $684 Change Rate -0.370166% Assessed CR Tax Rate
Year 2024 Assessed Value $52,600 Land Value $11,700 Improvement Value $40,900 Tax Amount $1,086 Change Rate -0.705052% Assessed CR Tax Rate +0.020646%
Year 2023 Assessed Value $46,700 Land Value $11,700 Improvement Value $35,000 Tax Amount $3,682 Change Rate +2.967672% Assessed CR Tax Rate +0.078844%
Year 2022 Assessed Value $47,300 Land Value $11,700 Improvement Value $35,600 Tax Amount $928 Change Rate +0.086651% Assessed CR Tax Rate +0.019619%
Year 2021 Assessed Value $42,500 Land Value $11,700 Improvement Value $30,800 Tax Amount $854 Change Rate +0.051724% Assessed CR Tax Rate +0.020094%
Year 2020 Assessed Value $35,300 Land Value $8,200 Improvement Value $27,100 Tax Amount $812 Change Rate +0.140449% Assessed CR Tax Rate +0.023003%
Year 2019 Assessed Value $30,400 Land Value $7,000 Improvement Value $23,400 Tax Amount $712 Change Rate +0.025937% Assessed CR Tax Rate +0.023421%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $694 Change Rate +0.16443% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $596 Change Rate +0.034722% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $576 Change Rate -0.00346% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $578 Change Rate Assessed CR Tax Rate