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Sold on 03/04/2022
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507 e 5th St, Albert Lea, MN 56007

$86,000

Last sold 03/04/2022 for $40.5K

  • 2

    bed

  • 1

    bath

  • 1,393

    Sqft ($29/Sqft)

House not for sale
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About 507 e 5th St

Property type House
Year built 1916
HOA fee $0/month
Movoto estimate
Property description
This 2-bedroom, 1-bathroom single-family home is located at 507 e 5th St, Albert Lea, MN, 56007 in Freeborn County and was built in 1916. This home offers 1,393 square feet of living space. The estimated market value is $86,000, approximately $62 per square foot.
$86K
Range: $57.6K-$114K
Last 30 days 
  • — Off Market
    —
  • Dec 2024
  • Dec 27, 2024 Price Change
    $75,900 (-5.0%)
  • Dec 4, 2024 Price Change
    $79,900 (-6.0%)
  • Nov 16, 2024 Listed
    $85,000 (+109.9%)
  • Mar 2022
  • Mar 4, 2022 Sold
    $40,500 (+22.7%)
  • Aug 26, 2015 Listed
    $45,000
  • Dec 2018
  • Dec 10, 2018 Sold
    $33,000
  • Oct 9, 2017 Listed
    $34,500 (-23.3%)
  • Dec 2017
    Public Records
  • Dec 11, 2017 Sold
    $33,000 (-4.3%)
  • Year Property taxes Tax assessment
  • 2025
    $508 -24.0%
    $44,100
  • 2024
    $668 +12.8%
    $44,100 -26.13%
  • 2023
    $592 +17.0%
    $59,700 +11.17%
  • 2020
    $506 +18.8%
    $53,700 +59.35%
  • 2019
    $426 +3.9%
    $33,700
  • 2018
    $410 -26.5%
    —
  • 2016
    $558 +52.5%
    —
  • 2015
    $366
    —
  • 507 e 5th St
    $40.5K
  • —
  • 56007
    $210K -8% y/y
  • Albert Lea
    $210K -8% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
509 E 5th St, Albert Lea, MN 56007 $178,000 3/1 1,928 0.01
1029 Frank Ave, Albert Lea, MN 56007 $183,000 3/1 2,014 0.01
1021 Frank Ave, Albert Lea, MN 56007 $122,000 2/1 1,051 0.02
519 E 5th St, Albert Lea, MN 56007 $88,000 3/1 913 0.02
1017 Frank Ave, Albert Lea, MN 56007 $102,000 3/1 2,076 0.03
506 E 5th St, Albert Lea, MN 56007 $75,000 3/1 1,424 0.03
510 E 5th St, Albert Lea, MN 56007 $157,000 2/1 1,334 0.03
1015 Frank Ave, Albert Lea, MN 56007 $143,000 4/1 1,315 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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5/10
Halverson Elementary School
public Grades PK, K-5
Albert Lea Public School District
3/10
Southwest Middle School
public Grades 6-7
Albert Lea Public School District
4/10
Albert Lea Senior High School
public Grades 8-12
Albert Lea Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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