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316 Railroad Ave; Albert Lea, MN Property Details

316 Railroad Ave, Albert Lea, MN is a Single Family that was built in 1944. This property is currently a cash purchase and is not for sale. Our records show that 316 Railroad Ave has 2 bedrooms, and 1 bathroom, and a total of 864 square feet. The lot size of 316 Railroad Ave is 9,075 square feet.

Off market
316 Railroad Ave Albert Lea, MN 56007
$99,300 Estimated Value
2 Beds
1 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1944
  • Purchase Price: $10,000
  • Est. Equity / %: $115,000 / 100%
  • APN: 34.053.0560
  • Situs County: Freeborn
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 864/SqFt
  • Lot: 9,075/SqFt
  • Garage: 504/SqFt
  • Living: 864/SqFt
  • Basement: 768/SqFt
  • Building: 864/SqFt
  • Ground: 864/SqFt
  • Garage Unfinished: 504/SqFt
  • Basement Unfinished: 768/SqFt
  • Price Per Square Foot: $11.57

Legal Description

  • Description: ARMSTRONG'S SUB SEC 16 LOT-004 BLOCK-003 THAT PART LOT 4, BLK 3 LYING E OF FOL LN: COM 75.28 FT E OF SW COR LOT 4 TH N 134.72
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: 43.63346 / -93.36465
  • Subdivision: Armstrong'S Sub Sec 16
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3143
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

316 Railroad Ave has no associated ownership info
316 Railroad Ave has no associated ownership info.

Taxes

316 Railroad Ave has 10 associated Taxes items

316 Railroad 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 $99,300. The APN we've located for 316 Railroad Ave is 34.053.0560.

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Taxes
  • Assessed Value:  $99,300
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.053.0560
  • Assessed Land Value:  20700
  • Market Land Value:  20700
  • Tax Amount:  1474
  • Tax Year:  2026
  • Market Value:  99300
  • Market Year:  2026

Tax History

316 Railroad Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $99,300 Land Value $20,700 Improvement Value $78,600 Tax Amount $1,474 Change Rate Assessed CR Tax Rate +0.014844%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,474 Change Rate +0.468127% Assessed CR Tax Rate
Year 2024 Assessed Value $65,300 Land Value $8,900 Improvement Value $56,400 Tax Amount $1,004 Change Rate +0.314136% Assessed CR Tax Rate +0.015375%
Year 2023 Assessed Value $51,200 Land Value $11,000 Improvement Value $40,200 Tax Amount $764 Change Rate -0.007792% Assessed CR Tax Rate +0.014922%
Year 2022 Assessed Value $42,300 Land Value $11,000 Improvement Value $31,300 Tax Amount $770 Change Rate +0.072423% Assessed CR Tax Rate +0.018203%
Year 2021 Assessed Value $43,800 Land Value $11,000 Improvement Value $32,800 Tax Amount $718 Change Rate -0.032345% Assessed CR Tax Rate +0.016393%
Year 2020 Assessed Value $41,900 Land Value $11,000 Improvement Value $30,900 Tax Amount $742 Change Rate +1.576389% Assessed CR Tax Rate +0.017709%
Year 2019 Assessed Value $16,400 Land Value $10,100 Improvement Value $6,300 Tax Amount $288 Change Rate +0.028571% Assessed CR Tax Rate +0.017561%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $280 Change Rate -0.151515% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $330 Change Rate +0.024845% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $322 Change Rate +0.118056% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $288 Change Rate +0.107692% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $260 Change Rate Assessed CR Tax Rate