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516 Railroad Ave; Albert Lea, MN Property Details

516 Railroad Ave, Albert Lea, MN is a Single Family that was built in 1949. This property is currently a cash purchase and is not for sale. Our records show that 516 Railroad Ave has 2 bedrooms, and 1 bathroom, and a total of 1,106 square feet. The lot size of 516 Railroad Ave is 22,821 square feet.

Off market
516 Railroad Ave Albert Lea, MN 56007
$19,000 Listing Price
2 Beds
1 Baths
1,106 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1949
  • Purchase Price: $19,000
  • Est. Equity / %: $113,000 / 100%
  • APN: 34.049.2270
  • Situs County: Freeborn
  • Length Of Ownership: 11 years, 4 months

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Poor
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,106/SqFt
  • Lot: 22,821/SqFt
  • Garage: 576/SqFt
  • Living: 1,106/SqFt
  • Basement: 784/SqFt
  • Building: 1,106/SqFt
  • Ground: 854/SqFt
  • Garage Unfinished: 576/SqFt
  • Basement Unfinished: 784/SqFt
  • Price Per Square Foot: $17.18

Legal Description

  • Description: EDINA MANOR PART OF LOTS 1 2 3 4 5 6 & 7 & LOTS 20 21 22 & 23 BLK 17 EDINA MANOR
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: 43.63112 / -93.361336
  • Subdivision: Edina Manor
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5208
  • Bathroom Fixtures: 1
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

516 Railroad Ave has 10 associated Taxes items

516 Railroad 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 $64,600. The APN we've located for 516 Railroad Ave is 34.049.2270.

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Taxes
  • Assessed Value:  $64,600
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.049.2270
  • Assessed Land Value:  11300
  • Market Land Value:  11300
  • Tax Amount:  702
  • Tax Year:  2026
  • Market Value:  64600
  • Market Year:  2026

Tax History

516 Railroad Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $64,600 Land Value $11,300 Improvement Value $53,300 Tax Amount $702 Change Rate Assessed CR Tax Rate +0.010867%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $702 Change Rate +0.319549% Assessed CR Tax Rate
Year 2024 Assessed Value $46,100 Land Value $11,300 Improvement Value $34,800 Tax Amount $532 Change Rate +0.059761% Assessed CR Tax Rate +0.01154%
Year 2023 Assessed Value $44,000 Land Value $11,300 Improvement Value $32,700 Tax Amount $502 Change Rate -0.109929% Assessed CR Tax Rate +0.011409%
Year 2022 Assessed Value $45,800 Land Value $11,300 Improvement Value $34,500 Tax Amount $564 Change Rate +0.025455% Assessed CR Tax Rate +0.012314%
Year 2021 Assessed Value $44,500 Land Value $11,300 Improvement Value $33,200 Tax Amount $550 Change Rate -0.035088% Assessed CR Tax Rate +0.01236%
Year 2020 Assessed Value $44,800 Land Value $11,300 Improvement Value $33,500 Tax Amount $570 Change Rate +0.05948% Assessed CR Tax Rate +0.012723%
Year 2019 Assessed Value $43,400 Land Value $11,300 Improvement Value $32,100 Tax Amount $538 Change Rate +0.042636% Assessed CR Tax Rate +0.012396%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $516 Change Rate -0.273239% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $710 Change Rate -0.314672% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,036 Change Rate +0.356021% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $764 Change Rate +0.140299% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $670 Change Rate Assessed CR Tax Rate