Taxes
- Assessed Value: $120,100
- Assessed Year: 2026
- Assessed County: Freeborn
- APN: 34.061.0130
- Assessed Land Value: 24000
- Market Land Value: 24000
- Tax Amount: 2626
- Tax Year: 2026
- Market Value: 120100
- Market Year: 2026
509 Commercial St; Albert Lea, MN Property Details
Off market
509 Commercial St Albert Lea, MN 56007
$120,100 Estimated Value
5 Beds
2 Baths
6,155 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1953
- Purchase Price: $236,000
- APN: 34.061.0130
- Situs County: Freeborn
- Length Of Ownership: 7 years
Rooms
- Bedrooms: 5
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 10
Structure
- Floor Cover Type: Carpet
- Stories: 2
- Exterior Wall Type: Other
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Fair
- Roof Type: Flat
- Roof Cover Type: Tar & Gravel
Measurements
- Total: 6,155/SqFt
- Lot: 13,120/SqFt
- Gross: 6,155/SqFt
- Living: 6,155/SqFt
- Building: 6,155/SqFt
- Price Per Square Foot: $38.34
Legal Description
- Description: ALBERT LEA DEVELOPMENT LOT-004 BLOCK-003 LOT 4 & E 20 FT LOT 3 BLK 3 ALBERT LEA DEVELOPMENT CO SEC 17 SUB SEC 17-102-21
Building Insights
Land Information
- Property Type: Apt House 5+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Albert Lea Public School District
- Lat / Lon: 43.638477 / -93.37427
- Subdivision: Albert Lea Development
- Property Class: Residential
- Zoning: I1
- County Use Code: 206
Amenities
- Plus Four: 2712
- Bathroom Fixtures: 2
- Heating: Baseboard
Ownership Info
509 Commercial St has no associated ownership info
509 Commercial St has no associated ownership info.
Taxes
509 Commercial St has 10 associated Taxes items
509 Commercial 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 $120,100. The APN we've located for 509 Commercial St is 34.061.0130.
Unlock the full reportTax History
509 Commercial St 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 $120,100 | Land Value $24,000 | Improvement Value $96,100 | Tax Amount $2,626 | Change Rate | Assessed CR | Tax Rate +0.021865% |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,626 | Change Rate +0.138768% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $102,500 | Land Value $10,300 | Improvement Value $92,200 | Tax Amount $2,306 | Change Rate +0.278271% | Assessed CR | Tax Rate +0.022498% |
| Year 2023 | Assessed Value $81,200 | Land Value $10,300 | Improvement Value $70,900 | Tax Amount $1,804 | Change Rate +0.09201% | Assessed CR | Tax Rate +0.022217% |
| Year 2022 | Assessed Value $57,600 | Land Value $10,300 | Improvement Value $47,300 | Tax Amount $1,652 | Change Rate -0.007212% | Assessed CR | Tax Rate +0.028681% |
| Year 2021 | Assessed Value $63,400 | Land Value $10,300 | Improvement Value $53,100 | Tax Amount $1,664 | Change Rate +0.059873% | Assessed CR | Tax Rate +0.026246% |
| Year 2020 | Assessed Value $59,700 | Land Value $6,600 | Improvement Value $53,100 | Tax Amount $1,570 | Change Rate +0.010296% | Assessed CR | Tax Rate +0.026298% |
| Year 2019 | Assessed Value $60,800 | Land Value $6,600 | Improvement Value $54,200 | Tax Amount $1,554 | Change Rate +0.106838% | Assessed CR | Tax Rate +0.025559% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,404 | Change Rate -0.225166% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,812 | Change Rate -0.122093% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,064 | Change Rate -0.010547% | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,086 | Change Rate +0.228504% | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,698 | Change Rate | Assessed CR | Tax Rate |