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507 Grace St; Albert Lea, MN Property Details

507 Grace St, Albert Lea, MN is a Single Family that was built in 1898. This property is not for sale. Our records show that 507 Grace St has 3 bedrooms, and 1 bathroom, and a total of 1,312 square feet. The lot size of 507 Grace St is 3,400 square feet.

Off market
507 Grace St Albert Lea, MN 56007
$167,600 Estimated Value
3 Beds
1 Baths
1,312 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1898
  • Open Loans / Balance: 1 / $32,566
  • Est. Equity / %: $123,434 / 79.12%
  • APN: 34.127.0130
  • Situs County: Freeborn

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Ceramic
  • Stories: 2
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Gambrel
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,312/SqFt
  • Lot: 3,400/SqFt
  • Garage: 256/SqFt
  • Living: 1,312/SqFt
  • Basement: 648/SqFt
  • Building: 1,312/SqFt
  • Ground: 701/SqFt
  • Garage Unfinished: 256/SqFt
  • Basement Unfinished: 648/SqFt

Legal Description

  • Description: SKINNER & THOMPSON'S SUBDIVISI COM 60 FT E OF NW COR LOT 9 TH S 85 FT E 40 FT, N 85 FT TH W 40 FT TO POB ARMSTRONG ADDN-SKINN
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: 43.652557 / -93.37444
  • Subdivision: Skinner & Thompson'S Subdivisi
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2415
  • Bathroom Fixtures: 1
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

507 Grace St has no associated ownership info
507 Grace St has no associated ownership info.

Taxes

507 Grace St has 10 associated Taxes items

507 Grace 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 $167,600. The APN we've located for 507 Grace St is 34.127.0130.

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Taxes
  • Assessed Value:  $167,600
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.127.0130
  • Assessed Land Value:  11800
  • Market Land Value:  11800
  • Tax Amount:  2714
  • Tax Year:  2025
  • Market Value:  167600
  • Market Year:  2026

Tax History

507 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $167,600 Land Value $11,800 Improvement Value $155,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,714 Change Rate +0.132721% Assessed CR Tax Rate
Year 2024 Assessed Value $145,300 Land Value $11,800 Improvement Value $133,500 Tax Amount $2,396 Change Rate +0.00251% Assessed CR Tax Rate +0.01649%
Year 2023 Assessed Value $139,200 Land Value $11,800 Improvement Value $127,400 Tax Amount $2,390 Change Rate +0.09633% Assessed CR Tax Rate +0.01717%
Year 2022 Assessed Value $133,100 Land Value $11,800 Improvement Value $121,300 Tax Amount $2,180 Change Rate +0.038095% Assessed CR Tax Rate +0.016379%
Year 2021 Assessed Value $111,000 Land Value $11,800 Improvement Value $99,200 Tax Amount $2,100 Change Rate +0.120598% Assessed CR Tax Rate +0.018919%
Year 2020 Assessed Value $92,600 Land Value $9,200 Improvement Value $83,400 Tax Amount $1,874 Change Rate +0.045759% Assessed CR Tax Rate +0.020238%
Year 2019 Assessed Value $88,400 Land Value $8,700 Improvement Value $79,700 Tax Amount $1,792 Change Rate +0.024% Assessed CR Tax Rate +0.020271%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,750 Change Rate +1.272727% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $770 Change Rate +0.075419% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $716 Change Rate +0.034682% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $692 Change Rate -0.313492% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,008 Change Rate Assessed CR Tax Rate