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

502 E 5th St, Albert Lea, MN is a Single Family that was built in 1910. This property is not for sale. Our records show that 502 E 5th St has 3 bedrooms, and 1 bathroom, and a total of 1,420 square feet. The lot size of 502 E 5th St is 8,712 square feet.

Off market
502 E 5th St Albert Lea, MN 56007
$38,900 Estimated Value
3 Beds
1 Baths
1,420 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Est. Equity / %: $96,000 / 100%
  • APN: 34.036.1910
  • Situs County: Freeborn

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Poor
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,420/SqFt
  • Lot: 8,712/SqFt
  • Garage: 864/SqFt
  • Living: 1,420/SqFt
  • Building: 1,420/SqFt
  • Ground: 745/SqFt
  • Garage Unfinished: 864/SqFt

Legal Description

  • Description: LAKE ADDITION LOT-006 BLOCK-007 LOT 6 BLK 7 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: 43.638794 / -93.36211
  • Subdivision: Lake Addition
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3033
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

502 E 5th St has 10 associated Taxes items

502 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 $38,900. The APN we've located for 502 E 5th St is 34.036.1910.

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Taxes
  • Assessed Value:  $38,900
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.036.1910
  • Assessed Land Value:  23100
  • Market Land Value:  23100
  • Tax Amount:  656
  • Tax Year:  2025
  • Market Value:  38900
  • Market Year:  2026

Tax History

502 E 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $38,900 Land Value $23,100 Improvement Value $15,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $656 Change Rate +0.349794% Assessed CR Tax Rate
Year 2024 Assessed Value $27,200 Land Value $16,500 Improvement Value $10,700 Tax Amount $486 Change Rate +0.075221% Assessed CR Tax Rate +0.017868%
Year 2023 Assessed Value $25,800 Land Value $16,500 Improvement Value $9,300 Tax Amount $452 Change Rate -0.062241% Assessed CR Tax Rate +0.017519%
Year 2022 Assessed Value $25,900 Land Value $16,500 Improvement Value $9,400 Tax Amount $482 Change Rate +0.275132% Assessed CR Tax Rate +0.01861%
Year 2021 Assessed Value $24,300 Land Value $16,500 Improvement Value $7,800 Tax Amount $378 Change Rate +0.032787% Assessed CR Tax Rate +0.015556%
Year 2020 Assessed Value $17,700 Land Value $11,600 Improvement Value $6,100 Tax Amount $366 Change Rate +0.307143% Assessed CR Tax Rate +0.020678%
Year 2019 Assessed Value $21,000 Land Value $9,900 Improvement Value $11,100 Tax Amount $280 Change Rate -0.537954% Assessed CR Tax Rate +0.013333%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $606 Change Rate -0.098214% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $672 Change Rate +0.030675% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $652 Change Rate -0.015106% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $662 Change Rate -0.095628% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $732 Change Rate Assessed CR Tax Rate