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316 E 5th St; Albert Lea, MN Property Details

316 E 5th St, Albert Lea, MN is a Single Family that was built in 1937. This property is currently a cash purchase and is not for sale. Our records show that 316 E 5th St has 4 bedrooms, and 2 bathrooms, and a total of 1,602 square feet. The lot size of 316 E 5th St is 8,712 square feet.

Off market
316 E 5th St Albert Lea, MN 56007
$110,000 Listing Price
4 Beds
2 Baths
1,602 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1937
  • Purchase Price: $110,000
  • Open Loans / Balance: 1 / $94,069
  • Est. Equity / %: $43,931 / 31.83%
  • APN: 34.036.2100
  • Situs County: Freeborn
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Aluminum siding
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,602/SqFt
  • Lot: 8,712/SqFt
  • Garage: 308/SqFt
  • Living: 1,602/SqFt
  • Basement: 1,105/SqFt
  • Building: 1,602/SqFt
  • Ground: 1,105/SqFt
  • Garage Unfinished: 308/SqFt
  • Basement Unfinished: 1,105/SqFt
  • Price Per Square Foot: $68.66

Legal Description

  • Description: LAKE ADDITION LOT-002 BLOCK-009 LOT 2 BLK 9 LAKE 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: 43.638783 / -93.36461
  • Subdivision: Lake Addition
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3029
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

316 E 5th St has no associated ownership info
316 E 5th St has no associated ownership info.

Taxes

316 E 5th St has 10 associated Taxes items

316 E 5th 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 $93,800. The APN we've located for 316 E 5th St is 34.036.2100.

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Taxes
  • Assessed Value:  $93,800
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.036.2100
  • Assessed Land Value:  23100
  • Market Land Value:  23100
  • Tax Amount:  1000
  • Tax Year:  2025
  • Market Value:  93800
  • Market Year:  2026

Tax History

316 E 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $93,800 Land Value $23,100 Improvement Value $70,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,000 Change Rate -0.143836% Assessed CR Tax Rate
Year 2024 Assessed Value $103,600 Land Value $16,500 Improvement Value $87,100 Tax Amount $1,168 Change Rate +0.099812% Assessed CR Tax Rate +0.011274%
Year 2023 Assessed Value $91,100 Land Value $16,500 Improvement Value $74,600 Tax Amount $1,062 Change Rate +0.02907% Assessed CR Tax Rate +0.011658%
Year 2022 Assessed Value $94,200 Land Value $16,500 Improvement Value $77,700 Tax Amount $1,032 Change Rate -0.068592% Assessed CR Tax Rate +0.010955%
Year 2021 Assessed Value $81,600 Land Value $16,500 Improvement Value $65,100 Tax Amount $1,108 Change Rate +0.092702% Assessed CR Tax Rate +0.013578%
Year 2020 Assessed Value $80,400 Land Value $11,600 Improvement Value $68,800 Tax Amount $1,014 Change Rate -0.524836% Assessed CR Tax Rate +0.012612%
Year 2019 Assessed Value $69,300 Land Value $9,900 Improvement Value $59,400 Tax Amount $2,134 Change Rate -0.095763% Assessed CR Tax Rate +0.030794%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,360 Change Rate +0.96995% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,198 Change Rate +0.018707% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,176 Change Rate -0.021631% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,202 Change Rate -0.193289% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,490 Change Rate Assessed CR Tax Rate