Large Location Icon

516 Freeborn Ave; Albert Lea, MN Property Details

516 Freeborn Ave, Albert Lea, MN is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 516 Freeborn Ave has 2 bedrooms, and 1 bathroom, and a total of 939 square feet. The lot size of 516 Freeborn Ave is 6,000 square feet.

Off market
516 Freeborn Ave Albert Lea, MN 56007
$80,250 Listing Price
2 Beds
1 Baths
939 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1948
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $66,276
  • Est. Equity / %: $115,724 / 63.58%
  • APN: 34.180.0980
  • Situs County: Freeborn
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Floating Floor/laminate
  • Stories: 1
  • Exterior Wall Type: Aluminum siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 939/SqFt
  • Lot: 6,000/SqFt
  • Garage: 988/SqFt
  • Living: 939/SqFt
  • Basement: 584/SqFt
  • Building: 939/SqFt
  • Ground: 704/SqFt
  • Basement Finished: 584/SqFt
  • Garage Unfinished: 988/SqFt
  • Basement Unfinished: 704/SqFt
  • Price Per Square Foot: $149.09

Legal Description

  • Description: HOME ADDITION LOT-008 BLOCK-004 LOT 8 BLK 4 HOME 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: 43.654045 / -93.355965
  • Subdivision: Home Addition
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3601
  • Bathroom Fixtures: 1
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

516 Freeborn Ave has no associated ownership info
516 Freeborn Ave has no associated ownership info.

Taxes

516 Freeborn Ave has 10 associated Taxes items

516 Freeborn Ave, 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 $167,700. The APN we've located for 516 Freeborn Ave is 34.180.0980.

Unlock the full report
Taxes
  • Assessed Value:  $167,700
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.180.0980
  • Assessed Land Value:  20600
  • Market Land Value:  20600
  • Tax Amount:  2998
  • Tax Year:  2025
  • Market Value:  167700
  • Market Year:  2026

Tax History

516 Freeborn Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $167,700 Land Value $20,600 Improvement Value $147,100 Tax Amount $2,998 Change Rate Assessed CR Tax Rate +0.017877%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,998 Change Rate +0.267117% Assessed CR Tax Rate
Year 2024 Assessed Value $116,200 Land Value $8,200 Improvement Value $108,000 Tax Amount $2,366 Change Rate -0.166314% Assessed CR Tax Rate +0.020361%
Year 2023 Assessed Value $117,000 Land Value $8,200 Improvement Value $108,800 Tax Amount $2,838 Change Rate +0.741104% Assessed CR Tax Rate +0.024256%
Year 2022 Assessed Value $115,300 Land Value $8,200 Improvement Value $107,100 Tax Amount $1,630 Change Rate -0.004884% Assessed CR Tax Rate +0.014137%
Year 2021 Assessed Value $89,700 Land Value $8,200 Improvement Value $81,500 Tax Amount $1,638 Change Rate +0.367279% Assessed CR Tax Rate +0.018261%
Year 2020 Assessed Value $89,800 Land Value $8,200 Improvement Value $81,600 Tax Amount $1,198 Change Rate +0.176817% Assessed CR Tax Rate +0.013341%
Year 2019 Assessed Value $81,100 Land Value $7,300 Improvement Value $73,800 Tax Amount $1,018 Change Rate +0.038776% Assessed CR Tax Rate +0.012552%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $980 Change Rate +0.22807% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $798 Change Rate +0.130312% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $706 Change Rate -0.058667% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $750 Change Rate -0.233129% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $978 Change Rate Assessed CR Tax Rate