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507 Tower Pl; Albert Lea, MN Property Details

507 Tower Pl, Albert Lea, MN is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 507 Tower Pl has 4 bedrooms, and 2 bathrooms, and a total of 820 square feet. The lot size of 507 Tower Pl is 10,050 square feet.

Off market
507 Tower Pl Albert Lea, MN 56007
$136,900 Listing Price
4 Beds
2 Baths
820 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $136,900
  • Open Loans / Balance: 2 / $127,338
  • Est. Equity / %: $54,662 / 30.03%
  • APN: 34.141.0590
  • Situs County: Freeborn
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Aluminum siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 820/SqFt
  • Lot: 10,050/SqFt
  • Garage: 240/SqFt
  • Living: 820/SqFt
  • Basement: 650/SqFt
  • Building: 820/SqFt
  • Ground: 720/SqFt
  • Basement Finished: 650/SqFt
  • Garage Unfinished: 240/SqFt
  • Basement Unfinished: 720/SqFt
  • Price Per Square Foot: $166.95

Legal Description

  • Description: AUDITOR'S PLAT NO 2 LOT-066 LOT 66 AUDITORS PLAT NO 2
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: 43.64469 / -93.3967
  • Subdivision: Auditor'S Plat No 2
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Plus Four: 4350
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Baseboard

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

507 Tower Pl has no associated ownership info
507 Tower Pl has no associated ownership info.

Taxes

507 Tower Pl has 10 associated Taxes items

507 Tower Pl, 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 $125,300. The APN we've located for 507 Tower Pl is 34.141.0590.

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Taxes
  • Assessed Value:  $125,300
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.141.0590
  • Assessed Land Value:  32200
  • Market Land Value:  32200
  • Tax Amount:  1504
  • Tax Year:  2025
  • Market Value:  125300
  • Market Year:  2026

Tax History

507 Tower Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $125,300 Land Value $32,200 Improvement Value $93,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,504 Change Rate +0.528455% Assessed CR Tax Rate
Year 2024 Assessed Value $91,000 Land Value $14,400 Improvement Value $76,600 Tax Amount $984 Change Rate +0.058065% Assessed CR Tax Rate +0.010813%
Year 2023 Assessed Value $82,900 Land Value $14,400 Improvement Value $68,500 Tax Amount $930 Change Rate +0.128641% Assessed CR Tax Rate +0.011218%
Year 2022 Assessed Value $90,300 Land Value $12,900 Improvement Value $77,400 Tax Amount $824 Change Rate -0.304054% Assessed CR Tax Rate +0.009125%
Year 2021 Assessed Value $67,100 Land Value $12,900 Improvement Value $54,200 Tax Amount $1,184 Change Rate -0.259074% Assessed CR Tax Rate +0.017645%
Year 2020 Assessed Value $63,700 Land Value $12,900 Improvement Value $50,800 Tax Amount $1,598 Change Rate +0.387153% Assessed CR Tax Rate +0.025086%
Year 2019 Assessed Value $55,600 Land Value $11,400 Improvement Value $44,200 Tax Amount $1,152 Change Rate +0.252174% Assessed CR Tax Rate +0.020719%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $920 Change Rate +0.691176% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $544 Change Rate +0.018727% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $534 Change Rate -0.007435% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $538 Change Rate -0.271003% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $738 Change Rate Assessed CR Tax Rate