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625 Water St; Albert Lea, MN Property Details

625 Water St, Albert Lea, MN is a Quadruplex 4 Units that was built in 1897. This property is not for sale. Our records show that 625 Water St has 1 bathroom, and a total of 3,007 square feet. The lot size of 625 Water St is 5,412 square feet.

Off market
625 Water St Albert Lea, MN 56007
$187,700 Estimated Value
1 Baths
3,007 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1897
  • Open Loans / Balance: 1 / $2,549,482
  • Est. Equity / %: $-2,368,482 / -1,308.55%
  • APN: 34.006.0500
  • Situs County: Freeborn

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 3,007/SqFt
  • Lot: 5,412/SqFt
  • Gross: 3,007/SqFt
  • Garage: 280/SqFt
  • Living: 3,007/SqFt
  • Basement: 1,571/SqFt
  • Building: 3,007/SqFt
  • Garage Unfinished: 280/SqFt
  • Basement Unfinished: 1,571/SqFt

Legal Description

  • Description: WEST ALBERT LEA LOT-020 N 82 1/2 FT OF THE W 66 FT OF LOT 20 WEST ALBERT LEA
Building Insights

Land Information

  • Property Type: Quadruplex 4 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albert Lea Public School District
  • Lat / Lon: 43.650364 / -93.37658
  • Subdivision: West Albert Lea
  • Property Class: Residential
  • Zoning: RP
  • County Use Code: 205

Amenities

  • Plus Four: 2453
  • Bathroom Fixtures: 1
  • Garage: Attached Garage
  • Heating: Yes

Ownership Info

625 Water St has no associated ownership info
625 Water St has no associated ownership info.

Taxes

625 Water St has 10 associated Taxes items

625 Water 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 $187,700. The APN we've located for 625 Water St is 34.006.0500.

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Taxes
  • Assessed Value:  $187,700
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  34.006.0500
  • Assessed Land Value:  16200
  • Market Land Value:  16200
  • Tax Amount:  3720
  • Tax Year:  2026
  • Market Value:  187700
  • Market Year:  2026

Tax History

625 Water St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $187,700 Land Value $16,200 Improvement Value $171,500 Tax Amount $3,720 Change Rate Assessed CR Tax Rate +0.019819%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,720 Change Rate +0.189258% Assessed CR Tax Rate
Year 2024 Assessed Value $152,900 Land Value $8,100 Improvement Value $144,800 Tax Amount $3,128 Change Rate -0.013871% Assessed CR Tax Rate +0.020458%
Year 2023 Assessed Value $161,000 Land Value $8,100 Improvement Value $152,900 Tax Amount $3,172 Change Rate +0.707212% Assessed CR Tax Rate +0.019702%
Year 2022 Assessed Value $161,000 Land Value $8,100 Improvement Value $152,900 Tax Amount $1,858 Change Rate +0.222368% Assessed CR Tax Rate +0.01154%
Year 2021 Assessed Value $76,800 Land Value $8,100 Improvement Value $68,700 Tax Amount $1,520 Change Rate +0.003963% Assessed CR Tax Rate +0.019792%
Year 2020 Assessed Value $60,500 Land Value $8,100 Improvement Value $52,400 Tax Amount $1,514 Change Rate +0.143505% Assessed CR Tax Rate +0.025025%
Year 2019 Assessed Value $54,800 Land Value $10,800 Improvement Value $44,000 Tax Amount $1,324 Change Rate +0.004552% Assessed CR Tax Rate +0.024161%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,318 Change Rate -0.103401% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,470 Change Rate +0.225% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,200 Change Rate -0.001664% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,202 Change Rate -0.072531% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,296 Change Rate Assessed CR Tax Rate