Large Location Icon

525 Commercial St; Albert Lea, MN Property Details

525 Commercial St, Albert Lea, MN is a Triplex 3 Units that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 525 Commercial St has 3 bedrooms, and 1 bathroom, and a total of 1,338 square feet. The lot size of 525 Commercial St is 30,654 square feet.

Off market
525 Commercial St Albert Lea, MN 56007
$38,000 Listing Price
3 Beds
1 Baths
1,338 SqFt
Property Type
Triplex 3 Units
Unlock Full Report
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1958
  • Purchase Price: $236,000
  • Est. Equity / %: $200,000 / 100%
  • APN: 34.061.0110
  • Situs County: Freeborn
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Concrete
  • Stories: 2
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Urethane
  • Deck: true

Measurements

  • Total: 1,338/SqFt
  • Lot: 30,654/SqFt
  • Gross: 1,338/SqFt
  • Garage: 660/SqFt
  • Living: 669/SqFt
  • Basement: 669/SqFt
  • Building: 1,338/SqFt
  • Ground: 669/SqFt
  • Garage Unfinished: 660/SqFt
  • Basement Unfinished: 669/SqFt
  • Price Per Square Foot: $176.38

Legal Description

  • Description: ALBERT LEA DEVELOPMENT LOT 1 BLK 3 & OUTLOT B ALBERT LEA DEVELOPMENT CO SUB SEC 17-102-21
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.63842 / -93.3752
  • Subdivision: Albert Lea Development
  • Property Class: Residential
  • Zoning: I1
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2712
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

525 Commercial St has no associated ownership info
525 Commercial St has no associated ownership info.

Taxes

525 Commercial St has 10 associated Taxes items

525 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 $179,100. The APN we've located for 525 Commercial St is 34.061.0110.

Unlock the full report
Taxes
  • Assessed Value:  $179,100
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.061.0110
  • Assessed Land Value:  43100
  • Market Land Value:  43100
  • Tax Amount:  2772
  • Tax Year:  2026
  • Market Value:  179100
  • Market Year:  2026

Tax History

525 Commercial St has 13 associated Tax History items

Unlock the full report
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $179,100 Land Value $43,100 Improvement Value $136,000 Tax Amount $2,772 Change Rate Assessed CR Tax Rate +0.015477%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,772 Change Rate +0.523077% Assessed CR Tax Rate
Year 2024 Assessed Value $114,000 Land Value $18,500 Improvement Value $95,500 Tax Amount $1,820 Change Rate +0.08982% Assessed CR Tax Rate +0.015965%
Year 2023 Assessed Value $107,500 Land Value $18,500 Improvement Value $89,000 Tax Amount $1,670 Change Rate +0.355519% Assessed CR Tax Rate +0.015535%
Year 2022 Assessed Value $92,600 Land Value $18,500 Improvement Value $74,100 Tax Amount $1,232 Change Rate +0.063903% Assessed CR Tax Rate +0.013305%
Year 2021 Assessed Value $67,000 Land Value $18,500 Improvement Value $48,500 Tax Amount $1,158 Change Rate +0.102857% Assessed CR Tax Rate +0.017284%
Year 2020 Assessed Value $56,400 Land Value $11,700 Improvement Value $44,700 Tax Amount $1,050 Change Rate +0.153846% Assessed CR Tax Rate +0.018617%
Year 2019 Assessed Value $49,500 Land Value $10,800 Improvement Value $38,700 Tax Amount $910 Change Rate +0.078199% Assessed CR Tax Rate +0.018384%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $844 Change Rate +0.131367% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $746 Change Rate +0.033241% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $722 Change Rate -0.504801% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,458 Change Rate +0.360075% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,072 Change Rate Assessed CR Tax Rate
Address, Street, City, or ZIP
    Building Your
    Comprehensive Report
    0%
    • Home Addresses
    • Phone Number
    • Emails
    • Relatives
    • Criminal and Traffic Records
    • Public Records and Properties

    Searching related records for
    This additional information can help you verify a person's identity and ensure that you are well-informed.