Taxes
- Assessed Value: $88,000
- Assessed Year: 2026
- Assessed County: Freeborn
- APN: 34.247.0311
- Assessed Land Value: 28000
- Market Land Value: 28000
- Tax Amount: 1898
- Tax Year: 2025
- Market Value: 88000
- Market Year: 2026
525 Prospect Ave; Albert Lea, MN Property Details
Off market
525 Prospect Ave Albert Lea, MN 56007
$88,000 Estimated Value
4,608 SqFt
Property Type
GeneralProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1984
- Purchase Price: $110,000
- APN: 34.247.0311
- Situs County: Freeborn
- Length Of Ownership: 5 years, 2 months
Structure
- Building Condition: Poor
Measurements
- Total: 4,608/SqFt
- Lot: 24,500/SqFt
- Living: 4,608/SqFt
- Building: 4,608/SqFt
- Price Per Square Foot: $23.87
Legal Description
- Description: BUSCHBOM THIRD ADDITION LOT-014 BLOCK-004 LOT 14 BLK 4 BUSCHBOM THIRD ADDN
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: 43.654102 / -93.33626
- Subdivision: Buschbom Third Addition
- Property Class: Commercial
- Zoning: B2
- County Use Code: 233
Amenities
- Plus Four: 3936
Ownership Info
525 Prospect Ave has no associated ownership info
525 Prospect Ave has no associated ownership info.
Taxes
525 Prospect Ave has 10 associated Taxes items
525 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 $88,000. The APN we've located for 525 Prospect Ave is 34.247.0311.
Unlock the full reportTax History
525 Prospect Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $88,000 | Land Value $28,000 | Improvement Value $60,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,898 | Change Rate +0.107351% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $77,900 | Land Value $28,000 | Improvement Value $49,900 | Tax Amount $1,714 | Change Rate +0.061958% | Assessed CR | Tax Rate +0.022003% |
| Year 2023 | Assessed Value $76,200 | Land Value $28,000 | Improvement Value $48,200 | Tax Amount $1,614 | Change Rate -0.152311% | Assessed CR | Tax Rate +0.021181% |
| Year 2022 | Assessed Value $76,000 | Land Value $28,000 | Improvement Value $48,000 | Tax Amount $1,904 | Change Rate -0.098485% | Assessed CR | Tax Rate +0.025053% |
| Year 2021 | Assessed Value $67,000 | Land Value $28,000 | Improvement Value $39,000 | Tax Amount $2,112 | Change Rate | Assessed CR | Tax Rate +0.031522% |
| Year 2020 | Assessed Value $74,200 | Land Value $28,000 | Improvement Value $46,200 | Tax Amount $2,112 | Change Rate +0.001898% | Assessed CR | Tax Rate +0.028464% |
| Year 2019 | Assessed Value $74,200 | Land Value $28,000 | Improvement Value $46,200 | Tax Amount $2,108 | Change Rate -0.015873% | Assessed CR | Tax Rate +0.02841% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,142 | Change Rate -0.172334% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,588 | Change Rate +0.013312% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,554 | Change Rate -0.00854% | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,576 | Change Rate +0.014972% | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,538 | Change Rate | Assessed CR | Tax Rate |