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323 W College St; Albert Lea, MN Property Details

323 W College St, Albert Lea, MN is a Duplex 2 Units that was built in 1882. This property is currently a cash purchase and is not for sale. Our records show that 323 W College St has 3 bedrooms, and 1 bathroom, and a total of 1,301 square feet. The lot size of 323 W College St is 3,960 square feet.

Off market
323 W College St Albert Lea, MN 56007
$48,300 Estimated Value
3 Beds
1 Baths
1,301 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1882
  • Purchase Price: $35,000
  • Est. Equity / %: $130,000 / 100%
  • APN: 34.013.0050
  • Situs County: Freeborn
  • Length Of Ownership: 6 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Metal

Measurements

  • Total: 1,301/SqFt
  • Lot: 3,960/SqFt
  • Gross: 1,301/SqFt
  • Living: 1,425/SqFt
  • Basement: 851/SqFt
  • Building: 1,301/SqFt
  • Ground: 851/SqFt
  • Basement Unfinished: 851/SqFt
  • Price Per Square Foot: $26.90

Legal Description

  • Description: COTTAGE PLACE LOT-005 LOT 5 COTTAGE PLACE ADDITION
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.6466 / -93.372025
  • Subdivision: Cottage Place
  • Property Class: Residential
  • Zoning: RP
  • County Use Code: 206

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2617
  • Bathroom Fixtures: 1
  • Heating: Forced air unit

Ownership Info

323 W College St has no associated ownership info
323 W College St has no associated ownership info.

Taxes

323 W College St has 10 associated Taxes items

323 W College 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 $48,300. The APN we've located for 323 W College St is 34.013.0050.

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Taxes
  • Assessed Value:  $48,300
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.013.0050
  • Assessed Land Value:  9100
  • Market Land Value:  9100
  • Tax Amount:  1026
  • Tax Year:  2026
  • Market Value:  48300
  • Market Year:  2026

Tax History

323 W College St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $48,300 Land Value $9,100 Improvement Value $39,200 Tax Amount $1,026 Change Rate Assessed CR Tax Rate +0.021242%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,026 Change Rate -0.055249% Assessed CR Tax Rate
Year 2024 Assessed Value $50,800 Land Value $3,900 Improvement Value $46,900 Tax Amount $1,086 Change Rate +0.105906% Assessed CR Tax Rate +0.021378%
Year 2023 Assessed Value $47,100 Land Value $3,900 Improvement Value $43,200 Tax Amount $982 Change Rate +0.203431% Assessed CR Tax Rate +0.020849%
Year 2022 Assessed Value $46,900 Land Value $3,900 Improvement Value $43,000 Tax Amount $816 Change Rate +0.073684% Assessed CR Tax Rate +0.017399%
Year 2021 Assessed Value $33,100 Land Value $3,900 Improvement Value $29,200 Tax Amount $760 Change Rate +0.005291% Assessed CR Tax Rate +0.022961%
Year 2020 Assessed Value $30,200 Land Value $3,900 Improvement Value $26,300 Tax Amount $756 Change Rate +3.395349% Assessed CR Tax Rate +0.025033%
Year 2019 Assessed Value $4,500 Land Value $3,600 Improvement Value $900 Tax Amount $172 Change Rate +0.075% Assessed CR Tax Rate +0.038222%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $160 Change Rate -0.480519% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $308 Change Rate +0.040541% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $296 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $296 Change Rate -0.417323% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $508 Change Rate Assessed CR Tax Rate