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505 Meadow Ln; Albert Lea, MN Property Details

505 Meadow Ln, Albert Lea, MN is a Single Family that was built in 2017. This property is currently Financed and is not for sale. Our records show that 505 Meadow Ln has 4 bedrooms, and 2 bathrooms, and a total of 2,247 square feet. The lot size of 505 Meadow Ln is 35,284 square feet.

Off market
505 Meadow Ln Albert Lea, MN 56007
$39,900 Listing Price
4 Beds
2 Baths
2,247 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2017
  • Purchase Price: $34,000
  • Open Loans / Balance: 1 / $22,597
  • Est. Equity / %: $473,403 / 95.44%
  • APN: 34.388.0070
  • Situs County: Freeborn
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 12
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,247/SqFt
  • Lot: 35,284/SqFt
  • Garage: 613/SqFt
  • Living: 2,247/SqFt
  • Building: 2,247/SqFt
  • Garage Unfinished: 613/SqFt
  • Price Per Square Foot: $15.13

Legal Description

  • Description: CHAPEAU SHORES SEVENTH ADDITIO LOT-007 BLOCK-001 .81 AC LOT 7 BLK 1 CHAPEAU SHORES SEVENTH ADD CITY OF ALBERT LEA .81 ACRES
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: 43.653587 / -93.40559
  • Subdivision: Chapeau Shores Seventh Additio
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4308
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

505 Meadow Ln has no associated ownership info
505 Meadow Ln has no associated ownership info.

Taxes

505 Meadow Ln has 10 associated Taxes items

505 Meadow Ln, 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 $388,000. The APN we've located for 505 Meadow Ln is 34.388.0070.

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Taxes
  • Assessed Value:  $388,000
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.388.0070
  • Assessed Land Value:  43500
  • Market Land Value:  43500
  • Tax Amount:  6112
  • Tax Year:  2025
  • Market Value:  388000
  • Market Year:  2026

Tax History

505 Meadow Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $388,000 Land Value $43,500 Improvement Value $344,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,112 Change Rate +0.232755% Assessed CR Tax Rate
Year 2024 Assessed Value $322,600 Land Value $43,500 Improvement Value $279,100 Tax Amount $4,958 Change Rate +0.029913% Assessed CR Tax Rate +0.015369%
Year 2023 Assessed Value $322,600 Land Value $43,500 Improvement Value $279,100 Tax Amount $4,814 Change Rate +0.027754% Assessed CR Tax Rate +0.014923%
Year 2022 Assessed Value $304,000 Land Value $43,500 Improvement Value $260,500 Tax Amount $4,684 Change Rate +0.002139% Assessed CR Tax Rate +0.015408%
Year 2021 Assessed Value $266,500 Land Value $43,500 Improvement Value $223,000 Tax Amount $4,674 Change Rate +0.033613% Assessed CR Tax Rate +0.017538%
Year 2020 Assessed Value $255,700 Land Value $40,000 Improvement Value $215,700 Tax Amount $4,522 Change Rate +0.088065% Assessed CR Tax Rate +0.017685%
Year 2019 Assessed Value $236,100 Land Value $40,000 Improvement Value $196,100 Tax Amount $4,156 Change Rate +3.788018% Assessed CR Tax Rate +0.017603%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $868 Change Rate -0.11609% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $982 Change Rate +0.038055% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $946 Change Rate -0.00211% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $948 Change Rate +0.161765% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $816 Change Rate Assessed CR Tax Rate