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Active
    • Price cut: $10K (7/7)
    $275,000

    1027 Cedar Ave, Albert Lea, MN 56007

    3beds
    2,510sqft
    : 
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    Single Family
    Built in 1942
    10,149 Square Feet Lot
    $271,500 Zestimate®
    $110/sqft
    $-- HOA

    What's special

    Rare opportunity to own a one-of-a-kind Tudor-style home brimming with historic charm and character in the heart of Albert Lea. Built in 1942 and nestled on a corner lot just moments from Fountain Lake and Albert Lea Lake, this 3-bedroom, 3-bath two-story offers timeless architecture, irreplaceable original details, and a location that outdoor enthusiasts will love — with fishing, boating, and paddling at your doorstep and nearby Myre-Big Island State Park offering 25 miles of scenic hiking and birding trails. Step inside to discover hardwood floors throughout, rich original woodwork, and a warm, character-filled interior that simply cannot be replicated. The spacious living room features a brick fireplace and an abundance of natural light, while a separate formal dining room and an eat-in kitchen area offer flexible spaces for everyday living and entertaining. A charming three-season porch and a den with a stunning tin ceiling and built-in shelving round out the main level. Outside, a paver patio with an adorable gazebo creates a perfect spot for relaxing or hosting guests. All three bedrooms are located on the upper level, including a primary with two walk-in closets — a surprisingly modern touch in this classic home. A private rooftop balcony offers a serene perch to take in the treetop views. The partially finished basement adds a second fireplace and additional living space. An attached two-car garage and corner lot complete this truly special property.
    85 days
    |
    537
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sara Anderson 612-280-7983,

    Keller Williams Preferred Rlty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7006332MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Bedroom
      • Level: Upper
      • Area: 270.9 Square Feet
      • Dimensions: 21x12.9
      Bedroom 2
      • Level: Upper
      • Area: 135.47 Square Feet
      • Dimensions: 13.4x10.11
      Bedroom 3
      • Level: Upper
      • Area: 179.8 Square Feet
      • Dimensions: 11.6x15.5
      Den
      • Level: Main
      • Area: 115.24 Square Feet
      • Dimensions: 13.4x8.6
      Dining room
      • Level: Main
      • Area: 157.76 Square Feet
      • Dimensions: 11.6x13.6
      Kitchen
      • Level: Main
      • Area: 175.16 Square Feet
      • Dimensions: 11.6x15.10
      Living room
      • Level: Main
      • Area: 356.39 Square Feet
      • Dimensions: 15.7x22.7
      Recreation room
      • Level: Lower
      • Area: 353.76 Square Feet
      • Dimensions: 17.6x20.10
      Other
      • Level: Main
      • Area: 124.8 Square Feet
      • Dimensions: 10.4x12
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
      Features
      • Basement: Full,Partially Finished,Storage Space
      • Number of fireplaces: 2
      • Fireplace features: Brick, Family Room, Living Room, Wood Burning
      Interior area
      • Total structure area: 3,250
      • Total interior livable area: 2,510 sqft
      • Finished area above ground: 2,150
      • Finished area below ground: 360
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Concrete, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Enclosed, Porch
      Lot
      • Size: 10,149 Square Feet
      • Dimensions: 107 x 91 x 121 x 90
      • Features: Corner Lot
      Details
      • Foundation area: 1100
      • Parcel number: 341030520
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age Over 8 Years
      Condition
      • New construction: No
      • Year built: 1942

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Electric
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Fairview Park Add
      HOA
      • Has HOA: No
      Location
      • Region: Albert Lea

      Financial & listing details

      • Price per square foot: $110/sqft
      • Tax assessed value: $261,800
      • Annual tax amount: $3,652
      • Date on market: 4/22/2026

        Estimated market value

        $271,500

        $258,000 - $285,000

        $2,528/mo

        Price history

        DateEventPrice
        7/7/2026Price change$275,000-3.5%$110/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7006332 Report a problem
        6/3/2026Price change$285,000-5%$114/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7006332 Report a problem
        4/24/2026Listed for sale$300,000+16.3%$120/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7006332 Report a problem
        12/28/2023Sold$258,000-6.2%$103/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6370798 Report a problem
        12/15/2023Pending sale$275,000$110/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6370798 Report a problem
        10/31/2023Price change$275,000-8.2%$110/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6370798 Report a problem
        8/30/2023Price change$299,500-6.4%$119/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6370798 Report a problem
        6/30/2023Price change$319,900-6.7%$127/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6370798 Report a problem
        5/15/2023Listed for sale$343,000$137/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6370798 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,952 +4%$261,800 +23.8%
        2024$2,838 +6.4%$211,400 +4.8%
        2023$2,668 +6.7%$201,800 +2%
        2022$2,500 +6.1%$197,900 +17.8%
        2021$2,356 $168,000 +6.5%
        2020$2,356 +10.8%$157,800
        2019$2,126 --
        2018$2,126 +10.4%--
        2016$1,926 +6.6%--
        2015$1,806 +5.2%--
        2014$1,716 -35.8%--
        2012$2,674 --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 56007

        Getting around

        6 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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