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225 Water St; Albert Lea, MN Property Details

225 Water St, Albert Lea, MN is a Triplex 3 Units that was built in 1914. This property is not for sale. Our records show that 225 Water St has 5 bedrooms, and 1 bathroom, and a total of 2,185 square feet. The lot size of 225 Water St is 7,470 square feet.

Off market
225 Water St Albert Lea, MN 56007
$180,300 Estimated Value
5 Beds
1 Baths
2,185 SqFt
Property Type
Triplex 3 Units
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Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1914
  • Open Loans / Balance: 1 / $48,379
  • Est. Equity / %: $138,621 / 74.13%
  • APN: 34.001.0590
  • Situs County: Freeborn

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 13

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,185/SqFt
  • Lot: 7,470/SqFt
  • Gross: 2,185/SqFt
  • Garage: 480/SqFt
  • Living: 2,185/SqFt
  • Basement: 680/SqFt
  • Building: 2,185/SqFt
  • Ground: 1,257/SqFt
  • Basement Finished: 680/SqFt
  • Garage Unfinished: 480/SqFt
  • Basement Unfinished: 1,088/SqFt

Legal Description

  • Description: ALBERT LEA ORIGINAL PLAT LOT-09& BLOCK-007 W 90 FT OF LOTS 9 & 10 & W 90 FT OF N 1 1/2 FT OF LOT 11 BLK 7 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: 43.65048 / -93.37102
  • Subdivision: Albert Lea Original Plat
  • Property Class: Residential
  • Zoning: B3
  • County Use Code: 206

Amenities

  • Plus Four: 2448
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Baseboard

Ownership Info

225 Water St has no associated ownership info
225 Water St has no associated ownership info.

Taxes

225 Water St has 10 associated Taxes items

225 Water 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 $180,300. The APN we've located for 225 Water St is 34.001.0590.

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Taxes
  • Assessed Value:  $180,300
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.001.0590
  • Assessed Land Value:  15400
  • Market Land Value:  15400
  • Tax Amount:  3514
  • Tax Year:  2025
  • Market Value:  180300
  • Market Year:  2026

Tax History

225 Water St has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $180,300 Land Value $15,400 Improvement Value $164,900 Tax Amount $3,514 Change Rate Assessed CR Tax Rate +0.01949%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,514 Change Rate +0.288123% Assessed CR Tax Rate
Year 2024 Assessed Value $135,100 Land Value $6,600 Improvement Value $128,500 Tax Amount $2,728 Change Rate +0.112561% Assessed CR Tax Rate +0.020192%
Year 2023 Assessed Value $124,800 Land Value $6,600 Improvement Value $118,200 Tax Amount $2,452 Change Rate -0.111594% Assessed CR Tax Rate +0.019647%
Year 2022 Assessed Value $124,400 Land Value $6,600 Improvement Value $117,800 Tax Amount $2,760 Change Rate +0.04943% Assessed CR Tax Rate +0.022186%
Year 2021 Assessed Value $86,300 Land Value $6,600 Improvement Value $79,700 Tax Amount $2,630 Change Rate -0.039445% Assessed CR Tax Rate +0.030475%
Year 2020 Assessed Value $82,400 Land Value $6,600 Improvement Value $75,800 Tax Amount $2,738 Change Rate +0.062064% Assessed CR Tax Rate +0.033228%
Year 2019 Assessed Value $73,800 Land Value $6,100 Improvement Value $67,700 Tax Amount $2,578 Change Rate +0.687173% Assessed CR Tax Rate +0.034932%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,528 Change Rate +0.074543% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,422 Change Rate +0.034934% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,374 Change Rate -0.001453% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,376 Change Rate -0.319486% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $2,022 Change Rate Assessed CR Tax Rate
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