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74507 240th St; Albert Lea, MN Property Details

74507 240th St, Albert Lea, MN is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 74507 240th St has 4 bedrooms, and 2 bathrooms, and a total of 1,960 square feet. The lot size of 74507 240th St is 87,120 square feet.

Off market
74507 240th St Albert Lea, MN 56007
$204,600 Estimated Value
4 Beds
2 Baths
1,960 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $189,000
  • Est. Equity / %: $289,000 / 100%
  • APN: 13.029.0140
  • Situs County: Freeborn
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Ceramic
  • Stories: 1.5
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,960/SqFt
  • Lot: 87,120/SqFt
  • Gross: 1,960/SqFt
  • Garage: 576/SqFt
  • Living: 1,960/SqFt
  • Basement: 728/SqFt
  • Building: 1,960/SqFt
  • Ground: 1,560/SqFt
  • Garage Unfinished: 576/SqFt
  • Basement Unfinished: 728/SqFt
  • Price Per Square Foot: $96.43

Legal Description

  • Description: SECT-29 TWP-103 RANGE-021 2.00 AC BEG N 1/4 COR SEC 29 TH W 10 FT TH S 450 FT TH E 193.6 FT TH N 450 FT TH W 183.6 FT TO POB
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: 43.70123 / -93.37857
  • Property Class: Residential
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6068
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Forced air unit

Ownership Info

74507 240th St has no associated ownership info
74507 240th St has no associated ownership info.

Taxes

74507 240th St has 10 associated Taxes items

74507 240th 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 $204,600. The APN we've located for 74507 240th St is 13.029.0140.

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Taxes
  • Assessed Value:  $204,600
  • Assessed Year:  2026
  • Assessed County:  Freeborn
  • APN:  13.029.0140
  • Assessed Land Value:  57500
  • Market Land Value:  57500
  • Tax Amount:  1718
  • Tax Year:  2025
  • Market Value:  204600
  • Market Year:  2026

Tax History

74507 240th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $204,600 Land Value $57,500 Improvement Value $147,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,718 Change Rate +0.115584% Assessed CR Tax Rate
Year 2024 Assessed Value $169,800 Land Value $57,500 Improvement Value $112,300 Tax Amount $1,540 Change Rate -0.06326% Assessed CR Tax Rate +0.009069%
Year 2023 Assessed Value $169,800 Land Value $57,500 Improvement Value $112,300 Tax Amount $1,644 Change Rate +0.186147% Assessed CR Tax Rate +0.009682%
Year 2022 Assessed Value $159,800 Land Value $42,500 Improvement Value $117,300 Tax Amount $1,386 Change Rate -0.150735% Assessed CR Tax Rate +0.008673%
Year 2021 Assessed Value $125,800 Land Value $40,000 Improvement Value $85,800 Tax Amount $1,632 Change Rate +0.383051% Assessed CR Tax Rate +0.012973%
Year 2020 Assessed Value $110,000 Land Value $30,000 Improvement Value $80,000 Tax Amount $1,180 Change Rate +0.072727% Assessed CR Tax Rate +0.010727%
Year 2019 Assessed Value $106,700 Land Value $30,000 Improvement Value $76,700 Tax Amount $1,100 Change Rate +0.182796% Assessed CR Tax Rate +0.010309%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $930 Change Rate +0.400602% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $664 Change Rate +0.040752% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $638 Change Rate -0.021472% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $652 Change Rate -0.604369% Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,648 Change Rate Assessed CR Tax Rate