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508 High St, Albert Lea, MN, 56007

$119,900

Home List Price

$1,424*

Closing Credit

3 Bedrooms
2 Baths
1,544 SqFt
$78/SqFt
House

Location

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508 High St, Albert Lea$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage1 space
Year Built1898
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6625932
StatusActive

About 508 High St

Move in ready, well-maintained home with 3 bedrooms and 2 bathrooms. Within walking distance to Fountain Lake, the beach and park. The roof was replaced in 2023 and there are newer replacement windows.

Property Details

Property Features

Property Information:

  • Year Built: 1898
  • Living Area: 1,544 SqFt

Listing Office:

  • Office Name: Leland Realty

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Bridge Ave go West on Marshall Street then North on Valley Ave to west on High Street. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $78/SqFt

Tax Information:

  • Annual Amount: $1,916
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Albert Lea, MN.

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Albert Lea, MN

City

Med. Sold Price

$165K

Med. Price/SqFt

$112

Avg. Days On Market

39

# of Sold Homes

26

508 High St vs Albert Lea

50 DAYS ON ROCKET

+11 Days

$119,900

-$45.1K Less

$78/SqFt

-$34 Less

KEY TAKEAWAY

This property is $45.1K less than the Median Sold Price and $34/SqFt less than other homes in Albert Lea, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6625932

Listing Office:

  • Office Name: Leland Realty

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Last updated on: 12/21/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,916$73,900
2020$1,916$65,700
2018$682 -

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-859571
3
/10

  • Hawthorne Elementary School

  • 1000 E Hawthorne St

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-859572
4
/10

  • Lakeview Elementary School

  • 902 Abbott St

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-859573
6
/10

  • Sibley Elementary School

  • 1501 W Front St

  • 1.59 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,761. The majority of Albert Lea, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Albert Lea, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Albert Lea, MN.

Albert Lea's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic to contemporary. The market is characterized by a blend of older homes with rich histories and newer constructions that cater to modern living preferences. While the majority of residences are owner-occupied, there is also a selection of rental properties available for those looking to lease.

What is it like to live in Albert Lea, MN?

Albert Lea is celebrated for its welcoming small-town charm and community-oriented lifestyle. The city prides itself on its scenic lakes, parks, and recreational areas that offer residents a peaceful and nature-infused environment. Local events and festivals throughout the year contribute to the strong sense of community and celebrate the area's heritage and culture.

Is it easy to get around Albert Lea, MN without a car?

The community is served by a network of public schools, healthcare facilities, and a public library system that collectively support the residents' educational and health needs. Retail and dining options are available, reflecting the local culture and providing a range of choices for shopping and cuisine. The city is attentive to the evolving needs of its population and works to enhance services accordingly.

Transportation in Albert Lea, MN.

Albert Lea's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, offering residents alternatives to private vehicle use. The city also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transport within the community. Recent efforts have been made to improve transport efficiency and accessibility, ensuring that residents can navigate the area with ease.

Frequently Asked Questions About 508 High St

What is the listing price of this property?

The listing price of 508 High St property is $119,900.

What type of property is this?

The property 508 High St is a house located in Albert Lea, Minnesota, 56007.

Is this property for sale now?

Active Listing: 508 High St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,916 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 508 High St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 508 High St is 1,544 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 High St is 1898.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›508 High St

This home is located at 508 High St in Albert Lea, MN and zip code 56007. This 1,544 square foot home was built in 1898. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $119,900.

In November 2024 more than 7 listings in Albert Lea, MN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 13 were sold below. The number of homes for sale in Albert Lea, MN increased by 5.1% between October 2024 and November 2024. Listings spent 39 days on the market in November 2024, and had a median list price of $165,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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