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231 S 5th Ave; Albert Lea, MN Property Details

231 S 5th Ave, Albert Lea, MN is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 231 S 5th Ave has 1 bedroom, and 1 bathroom, and a total of 480 square feet. The lot size of 231 S 5th Ave is 4,997 square feet.

Off market
231 S 5th Ave Albert Lea, MN 56007
$23,000 Estimated Value
1 Beds
1 Baths
480 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Purchase Price: $66,500
  • Est. Equity / %: $95,000 / 100%
  • APN: 34.012.0120
  • Situs County: Freeborn
  • Length Of Ownership: 5 years

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Vinyl
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Plaster
  • Building Condition: Poor
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 480/SqFt
  • Lot: 4,997/SqFt
  • Garage: 325/SqFt
  • Living: 480/SqFt
  • Basement: 360/SqFt
  • Building: 480/SqFt
  • Ground: 480/SqFt
  • Garage Unfinished: 325/SqFt
  • Basement Unfinished: 360/SqFt
  • Price Per Square Foot: $138.54

Legal Description

  • Description: SCHOOL ADDITION LOT-029 BLOCK-001 LOT 29 LESS N 3 FT BLK 1 SCHOOL 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: 43.647827 / -93.38499
  • Subdivision: School Addition
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Plus Four: 1737
  • Bathroom Fixtures: 2
  • Garage: Detached Garage
  • Heating: None

Ownership Info

231 S 5th Ave has no associated ownership info
231 S 5th Ave has no associated ownership info.

Taxes

231 S 5th Ave has 10 associated Taxes items

231 S 5th 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 $23,000. The APN we've located for 231 S 5th Ave is 34.012.0120.

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Taxes
  • Assessed Value:  $23,000
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.012.0120
  • Assessed Land Value:  5300
  • Market Land Value:  5300
  • Tax Amount:  418
  • Tax Year:  2025
  • Market Value:  23000
  • Market Year:  2026

Tax History

231 S 5th Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $23,000 Land Value $5,300 Improvement Value $17,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $418 Change Rate +0.154696% Assessed CR Tax Rate
Year 2024 Assessed Value $19,100 Land Value $5,300 Improvement Value $13,800 Tax Amount $362 Change Rate +0.064706% Assessed CR Tax Rate +0.018953%
Year 2023 Assessed Value $18,300 Land Value $5,300 Improvement Value $13,000 Tax Amount $340 Change Rate +0.180556% Assessed CR Tax Rate +0.018579%
Year 2022 Assessed Value $18,600 Land Value $5,300 Improvement Value $13,300 Tax Amount $288 Change Rate -0.058824% Assessed CR Tax Rate +0.015484%
Year 2021 Assessed Value $13,300 Land Value $5,300 Improvement Value $8,000 Tax Amount $306 Change Rate +0.40367% Assessed CR Tax Rate +0.023008%
Year 2020 Assessed Value $14,300 Land Value $5,400 Improvement Value $8,900 Tax Amount $218 Change Rate -0.215827% Assessed CR Tax Rate +0.015245%
Year 2019 Assessed Value $13,600 Land Value $5,100 Improvement Value $8,500 Tax Amount $278 Change Rate +0.014599% Assessed CR Tax Rate +0.020441%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $274 Change Rate -0.149068% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $322 Change Rate +0.10274% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $292 Change Rate -0.051948% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $308 Change Rate -0.23% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $400 Change Rate Assessed CR Tax Rate