This 4-bedroom home is a fantastic opportunity for the buyer ready to build some sweat equity. The main floor features a desirable setup with one bedroom, a full bathroom, and a laundry area, offering excellent accessibility and convenience. The dining area has glass doors that open right onto the back deck, perfect for grilling and outdoor entertaining. The backyard is already fully fenced-in, making it a great space for pets or gardening! The house exterior is low-maintenance with vinyl siding, and the detached garage features wood siding. Due to the condition, this property will not qualify for VA, FHA, or USDA financing. Cash or conventional loan buyers are encouraged to inquire.
Closed
$80,000
1007 Frank Ave, Albert Lea, MN 56007
4beds
1,716sqft
Single Family Residence
Built in 1903
8,712 Square Feet Lot
$81,300 Zestimate®
$47/sqft
$1,866 Estimated rent
Home value
$81,300
Estimated sales range
Not available
$1,866/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lisa Evans 507-461-3790,
Realty ONE Group Black Diamond
Bought with:
Davy Villarreal
HomeProz Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6803888
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Bathroom
- Level: Main
Bathroom
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Main Level
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
- Finished area above ground: 1,716
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Gravel
- Garage spaces: 1
- Details: Garage Dimensions (12x20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Fencing: Chain Link,Full,Privacy
Lot
- Size: 8,712 sqft
- Dimensions: 66 x 132
Details
- Foundation area: 676
- Parcel number: 340360770
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Freeborn - Mower Cooperative Services
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Albert Lea
- Subdivision: Lake Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $80,000-15.7%$47/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6803888 Report a problem | ||
| 11/27/2025 | Pending sale | $94,900$55/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6803888 Report a problem | ||
| 11/20/2025 | Price change | $94,900-5%$55/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6803888 Report a problem | ||
| 10/14/2025 | Listed for sale | $99,900+212.2%$58/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6803888 Report a problem | ||
| 10/8/2015 | Sold | $32,000-20%$19/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5085093 Report a problem | ||
| 9/24/2015 | Pending sale | $39,999$23/sqft |
Source: Homepath #4064271 Report a problem | ||
| 9/11/2015 | Price change | $39,999-14%$23/sqft |
Source: Homepath #4064271 Report a problem | ||
| 8/8/2015 | Price change | $46,500-8.8%$27/sqft |
Source: Homepath #4064271 Report a problem | ||
| 7/9/2015 | Listed for sale | $51,000-36.2%$30/sqft |
Source: Homepath #4064271 Report a problem | ||
| 5/19/2004 | Sold | $79,900$47/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,418 +11.7% | $118,900 +0.1% |
| 2024 | $1,270 +1.6% | $118,800 +14.1% |
| 2023 | $1,250 -10.8% | $104,100 -1.9% |
| 2022 | $1,402 +10.7% | $106,100 +13.8% |
| 2021 | $1,266 | $93,200 -7.3% |
| 2020 | $1,266 +34.7% | $100,500 |
| 2019 | $940 | -- |
| 2018 | $940 +16.3% | -- |
| 2016 | $808 +2.5% | -- |
| 2015 | $788 -1% | -- |
| 2014 | $796 -7.2% | -- |
| 2012 | $858 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56007
Nearby schools
GreatSchools rating
- 6/10Halverson Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Southwest Middle SchoolGrades: 6-7Distance: 1.5 mi
- 6/10Albert Lea Senior High SchoolGrades: 8-12Distance: 2.4 mi
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$81,300
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$82,926
- Minnesota
- Freeborn County
- Albert Lea
- 56007
- 1007 Frank Ave
Nearby cities
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