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521 Prospect Ave; Albert Lea, MN Property Details

521 Prospect Ave, Albert Lea, MN is a General. This property is currently a cash purchase and is not for sale. The lot size of 521 Prospect Ave is 8,800 square feet.

Off market
521 Prospect Ave Albert Lea, MN 56007
$22,900 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $400,000
  • APN: 34.247.0280
  • Situs County: Freeborn
  • Length Of Ownership: 1 year, 1 months

Measurements

  • Lot: 8,800/SqFt

Legal Description

  • Description: BUSCHBOM THIRD ADDITION LOT-013 BLOCK-004 SLY 40 FT LOT 13, BLK 4 & BEG SW COR LOT 9 TH ELY 30 FT NWLY 135 FT ELY 70 FT NWLY
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.653427 / -93.33629
  • Subdivision: Buschbom Third Addition
  • Property Class: Commercial
  • Zoning: B2
  • County Use Code: 233

Ownership Info

521 Prospect Ave has no associated ownership info
521 Prospect Ave has no associated ownership info.

Taxes

521 Prospect Ave has 10 associated Taxes items

521 Prospect 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 $22,900. The APN we've located for 521 Prospect Ave is 34.247.0280.

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Taxes
  • Assessed Value:  $22,900
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.247.0280
  • Assessed Land Value:  10500
  • Market Land Value:  10500
  • Tax Amount:  494
  • Tax Year:  2025
  • Market Value:  22900
  • Market Year:  2026

Tax History

521 Prospect Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $22,900 Land Value $10,500 Improvement Value $12,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $494 Change Rate +0.117647% Assessed CR Tax Rate
Year 2024 Assessed Value $20,100 Land Value $10,500 Improvement Value $9,600 Tax Amount $442 Change Rate +0.052381% Assessed CR Tax Rate +0.02199%
Year 2023 Assessed Value $19,800 Land Value $10,500 Improvement Value $9,300 Tax Amount $420 Change Rate -0.257951% Assessed CR Tax Rate +0.021212%
Year 2022 Assessed Value $19,800 Land Value $10,500 Improvement Value $9,300 Tax Amount $566 Change Rate -0.013937% Assessed CR Tax Rate +0.028586%
Year 2021 Assessed Value $18,900 Land Value $10,500 Improvement Value $8,400 Tax Amount $574 Change Rate Assessed CR Tax Rate +0.03037%
Year 2020 Assessed Value $18,900 Land Value $10,500 Improvement Value $8,400 Tax Amount $574 Change Rate Assessed CR Tax Rate +0.03037%
Year 2019 Assessed Value $18,900 Land Value $10,500 Improvement Value $8,400 Tax Amount $574 Change Rate -0.046512% Assessed CR Tax Rate +0.03037%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $602 Change Rate -0.166205% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $722 Change Rate +0.011204% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $714 Change Rate -0.01108% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $722 Change Rate +0.005571% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $718 Change Rate Assessed CR Tax Rate