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616 Oak Ln; Albert Lea, MN Property Details

616 Oak Ln, Albert Lea, MN is a Single Family that was built in 1917. This property is currently a cash purchase and is not for sale. Our records show that 616 Oak Ln has 3 bedrooms, and 1 bathroom, and a total of 1,240 square feet. The lot size of 616 Oak Ln is 4,950 square feet.

Off market
616 Oak Ln Albert Lea, MN 56007
$50,000 Listing Price
3 Beds
1 Baths
1,240 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1917
  • Purchase Price: $50,000
  • Est. Equity / %: $92,000 / 100%
  • APN: 34.009.0150
  • Situs County: Freeborn
  • Length Of Ownership: 4 years, 4 months

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,240/SqFt
  • Lot: 4,950/SqFt
  • Garage: 216/SqFt
  • Living: 1,240/SqFt
  • Basement: 620/SqFt
  • Building: 1,240/SqFt
  • Ground: 620/SqFt
  • Garage Unfinished: 216/SqFt
  • Basement Unfinished: 620/SqFt
  • Price Per Square Foot: $40.32

Legal Description

  • Description: MORIN'S SUBD OF LOT 12 BLOCK 1 LOT-00K LOT K SUB OF LOT 12 BLK 11 MORIN'S ADD CITY OF ALBERT LEA
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: 43.649277 / -93.37596
  • Subdivision: Morin'S Subd Of Lot 12 Block 1
  • Property Class: Residential
  • Zoning: RP
  • County Use Code: 201

Amenities

  • Plus Four: 2512
  • Bathroom Fixtures: 1
  • Garage: Detached Garage
  • Heating: Gravity

Ownership Info

616 Oak Ln has no associated ownership info
616 Oak Ln has no associated ownership info.

Taxes

616 Oak Ln has 10 associated Taxes items

616 Oak Ln, 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 $72,800. The APN we've located for 616 Oak Ln is 34.009.0150.

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Taxes
  • Assessed Value:  $72,800
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.009.0150
  • Assessed Land Value:  20100
  • Market Land Value:  20100
  • Tax Amount:  1168
  • Tax Year:  2025
  • Market Value:  72800
  • Market Year:  2026

Tax History

616 Oak Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $72,800 Land Value $20,100 Improvement Value $52,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,168 Change Rate +0.15873% Assessed CR Tax Rate
Year 2024 Assessed Value $61,200 Land Value $9,900 Improvement Value $51,300 Tax Amount $1,008 Change Rate +0.07234% Assessed CR Tax Rate +0.016471%
Year 2023 Assessed Value $58,600 Land Value $9,900 Improvement Value $48,700 Tax Amount $940 Change Rate +0.546053% Assessed CR Tax Rate +0.016041%
Year 2022 Assessed Value $61,100 Land Value $9,900 Improvement Value $51,200 Tax Amount $608 Change Rate +0.023569% Assessed CR Tax Rate +0.009951%
Year 2021 Assessed Value $48,300 Land Value $9,900 Improvement Value $38,400 Tax Amount $594 Change Rate +0.146718% Assessed CR Tax Rate +0.012298%
Year 2020 Assessed Value $40,200 Land Value $8,500 Improvement Value $31,700 Tax Amount $518 Change Rate +0.233333% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $33,200 Land Value $7,100 Improvement Value $26,100 Tax Amount $420 Change Rate -0.004739% Assessed CR Tax Rate +0.012651%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $422 Change Rate -0.272414% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $580 Change Rate -0.013605% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $588 Change Rate +0.4% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $420 Change Rate -0.236364% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $550 Change Rate Assessed CR Tax Rate