Taxes
- Assessed Value: $716,000
- Assessed Year: 2026
- Assessed County: Freeborn
- APN: 34.007.5561
- Assessed Land Value: 266100
- Market Land Value: 266100
- Tax Amount: 22312
- Tax Year: 2026
- Market Value: 716000
- Market Year: 2026
408 S 1st Ave; Albert Lea, MN Property Details
Off market
408 S 1st Ave Albert Lea, MN 56007
$716,000 Estimated Value
Property Type
Industrial (General)Property Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1966
- APN: 34.007.5561
- Situs County: Freeborn
Structure
- Building Condition: Fair
Measurements
- Lot: 351,822/SqFt
Legal Description
- Description: MORIN'S ADDITION REV DESC NO. 2913 PT MORIN'S 1901 ADD & PT SEC 8-102-21 CITY OF ALBERT LEA
Building Insights
Land Information
- Property Type: Industrial (General)
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Albert Lea Public School District
- Lat / Lon: 43.646255 / -93.3815
- Subdivision: Morin'S Addition
- Property Class: Industrial
- Zoning: I1
- County Use Code: 234
Amenities
- Plus Four: 1778
Ownership Info
408 S 1st Ave has no associated ownership info
408 S 1st Ave has no associated ownership info.
Taxes
408 S 1st Ave has 10 associated Taxes items
408 S 1st 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 $716,000. The APN we've located for 408 S 1st Ave is 34.007.5561.
Unlock the full reportTax History
408 S 1st Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $716,000 | Land Value $266,100 | Improvement Value $449,900 | Tax Amount $22,312 | Change Rate | Assessed CR | Tax Rate +0.031162% |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $22,312 | Change Rate +0.05664% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $667,900 | Land Value $266,100 | Improvement Value $401,800 | Tax Amount $21,116 | Change Rate +0.058128% | Assessed CR | Tax Rate +0.031616% |
| Year 2023 | Assessed Value $653,500 | Land Value $266,100 | Improvement Value $387,400 | Tax Amount $19,956 | Change Rate -0.335642% | Assessed CR | Tax Rate +0.030537% |
| Year 2022 | Assessed Value $655,500 | Land Value $266,100 | Improvement Value $389,400 | Tax Amount $30,038 | Change Rate -0.008843% | Assessed CR | Tax Rate +0.045825% |
| Year 2021 | Assessed Value $798,100 | Land Value $281,300 | Improvement Value $516,800 | Tax Amount $30,306 | Change Rate -0.011159% | Assessed CR | Tax Rate +0.037973% |
| Year 2020 | Assessed Value $800,800 | Land Value $281,300 | Improvement Value $519,500 | Tax Amount $30,648 | Change Rate -0.010525% | Assessed CR | Tax Rate +0.038272% |
| Year 2019 | Assessed Value $800,800 | Land Value $281,300 | Improvement Value $519,500 | Tax Amount $30,974 | Change Rate -0.019189% | Assessed CR | Tax Rate +0.038679% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $31,580 | Change Rate +0.001014% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $31,548 | Change Rate -0.016584% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $32,080 | Change Rate +0.004824% | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $31,926 | Change Rate +0.193139% | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $26,758 | Change Rate | Assessed CR | Tax Rate |