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

510 E 5th St, Albert Lea, MN is a Single Family that was built in 1908. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 510 E 5th St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,334 square feet. The lot size of 510 E 5th St is 8,712 square feet.

Off market
510 E 5th St Albert Lea, MN 56007
$25,500 Listing Price
2 Beds
1.5 Baths
1,334 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1908
  • Purchase Price: $25,500
  • Open Loans / Balance: 1 / $47,247
  • Est. Equity / %: $79,753 / 62.8%
  • APN: 34.036.1890
  • Situs County: Freeborn
  • Length Of Ownership: 8 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,334/SqFt
  • Lot: 8,712/SqFt
  • Garage: 240/SqFt
  • Living: 1,334/SqFt
  • Basement: 864/SqFt
  • Building: 1,334/SqFt
  • Ground: 864/SqFt
  • Garage Unfinished: 240/SqFt
  • Basement Unfinished: 864/SqFt
  • Price Per Square Foot: $19.12

Legal Description

  • Description: LAKE ADDITION LOT-004 BLOCK-007 LOT 4 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: 43.63882 / -93.36155
  • 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

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

Taxes

510 E 5th St has 10 associated Taxes items

510 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 $123,400. The APN we've located for 510 E 5th St is 34.036.1890.

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Taxes
  • Assessed Value:  $123,400
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.036.1890
  • Assessed Land Value:  23100
  • Market Land Value:  23100
  • Tax Amount:  1932
  • Tax Year:  2025
  • Market Value:  123400
  • Market Year:  2026

Tax History

510 E 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $123,400 Land Value $23,100 Improvement Value $100,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,932 Change Rate +0.563107% Assessed CR Tax Rate
Year 2024 Assessed Value $76,000 Land Value $16,500 Improvement Value $59,500 Tax Amount $1,236 Change Rate +0.150838% Assessed CR Tax Rate +0.016263%
Year 2023 Assessed Value $67,500 Land Value $16,500 Improvement Value $51,000 Tax Amount $1,074 Change Rate -0.035907% Assessed CR Tax Rate +0.015911%
Year 2022 Assessed Value $68,300 Land Value $16,500 Improvement Value $51,800 Tax Amount $1,114 Change Rate -0.140432% Assessed CR Tax Rate +0.01631%
Year 2021 Assessed Value $60,300 Land Value $16,500 Improvement Value $43,800 Tax Amount $1,296 Change Rate +0.076412% Assessed CR Tax Rate +0.021493%
Year 2020 Assessed Value $65,100 Land Value $11,600 Improvement Value $53,500 Tax Amount $1,204 Change Rate +0.760234% Assessed CR Tax Rate +0.018495%
Year 2019 Assessed Value $56,100 Land Value $9,900 Improvement Value $46,200 Tax Amount $684 Change Rate -0.149254% Assessed CR Tax Rate +0.012193%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $804 Change Rate +0.268139% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $634 Change Rate +0.029221% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $616 Change Rate -0.006452% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $620 Change Rate +0.087719% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $570 Change Rate Assessed CR Tax Rate