Active

$285,000

1506 Elm St, Albert Lea, MN 56007

5beds

2,584sqft

$1,882/mo

Get pre-qualified

Single Family

Built in 1964

0.34 Acres Lot

$-- Zestimate^®

$110/sqft

$-- HOA

What's special

Shed for additional storageLarge lotDining room

Looking for a large lot with city amenities and a country feel? Welcome to 1506 Elm St. This 5-bedroom, 3-bath home has plenty of space inside and out. The main level features a large living room with a gas fireplace and a large window overlooking the front yard, a dining room, and a spacious kitchen with access to the deck. Upstairs you’ll find three bedrooms, including the primary bedroom with a private half bath, along with a full bathroom. The walkout lower level offers a family room, two additional bedrooms, and a 3/4 bath, with direct access to the backyard. The basement provides plenty of room for storage or the potential for additional finished space. Outside, the large backyard offers plenty of room to enjoy, along with a shed for additional storage. If you’re looking for some extra space while still being close to everything in town, this one is worth a look. Schedule your showing today!

9 days
490
35

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Upper
Area: 130.33 Square Feet
Dimensions: 11'4x11'6

Bedroom 2

Level: Upper
Area: 104.81 Square Feet
Dimensions: 9'9x10'9

Bedroom 3

Level: Upper
Area: 130.79 Square Feet
Dimensions: 12'2x10'9

Bedroom 4

Level: Lower
Area: 100.79 Square Feet
Dimensions: 10'3x9'10

Bedroom 5

Level: Lower
Area: 123.99 Square Feet
Dimensions: 9'5x13'2

Bathroom

Level: Upper
Area: 24.58 Square Feet
Dimensions: 4'11x5

Bathroom

Level: Upper
Area: 60.38 Square Feet
Dimensions: 5'3x11'6

Bathroom

Level: Lower
Area: 42.88 Square Feet
Dimensions: 5'3x8'2

Dining room

Level: Main
Area: 113.4 Square Feet
Dimensions: 9'7x11'10

Family room

Level: Lower
Area: 243.42 Square Feet
Dimensions: 21'2x11'6

Kitchen

Level: Main
Area: 105.42 Square Feet
Dimensions: 9'2x11'6

Living room

Level: Main
Area: 253.47 Square Feet
Dimensions: 20'10x12'2

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Laundry: In Basement, Electric Dryer Hookup, Washer Hookup

Features

Basement: Block,Unfinished
Number of fireplaces: 1
Fireplace features: Gas, Insert, Living Room

Interior area

Total structure area: 2,752
Total interior livable area: 2,584 sqft
Finished area above ground: 1,400
Finished area below ground: 1,184

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete, Electric, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes
Details: Garage Dimensions (20x26)

Accessibility

Accessibility features: None

Features

Levels: Four or More Level Split
Patio & porch: Deck
Pool features: None
Fencing: None

Lot

Size: 0.34 Acres
Dimensions: 108 x 144
Features: Tree Coverage - Medium

Details

Additional structures: Storage Shed
Foundation area: 1352
Parcel number: 344600130
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block, Frame
Roof: Age Over 8 Years

Condition

New construction: No
Year built: 1964

Utilities & green energy

Electric: Circuit Breakers, Power Company: Other
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Elmwood Terrace Sub

HOA

Has HOA: No

Location

Region: Albert Lea

Financial & listing details

Price per square foot: $110/sqft
Tax assessed value: $241,700
Annual tax amount: $3,326
Date on market: 8/24/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/24/2026	Listed for sale	$285,000+16.3%$110/sqft
Source: NorthstarMLS as distributed by MLS GRID #7128574 Report a problem
4/29/2022	Sold	$245,000+2.1%$95/sqft
Source: NorthstarMLS as distributed by MLS GRID #6157762 Report a problem
3/30/2022	Pending sale	$239,900$93/sqft
Source: NorthstarMLS as distributed by MLS GRID #6157762 Report a problem
3/2/2022	Listed for sale	$239,900+54.8%$93/sqft
Source: NorthstarMLS as distributed by MLS GRID #6157762 Report a problem
8/6/2019	Sold	$155,000-8.8%$60/sqft
Source: NorthstarMLS as distributed by MLS GRID #5246520 Report a problem
7/5/2019	Pending sale	$169,900$66/sqft
Source: Ron Holtan Realty #5246520 Report a problem
6/12/2019	Listed for sale	$169,900$66/sqft
Source: Ron Holtan Realty #5246520 Report a problem
12/13/2017	Listing removed	$1,275
Source: Complete Property Managers, LLC Report a problem
12/8/2017	Listed for rent	$1,275+2%
Source: Complete Property Managers, LLC Report a problem
12/17/2015	Listing removed	$1,250
Source: Complete Property Managers, LLC Report a problem
10/22/2015	Listed for rent	$1,250
Source: Complete Property Managers, LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,172 +8.4%	$241,700 +7.6%
2024	$2,926 -22%	$224,600 +8.3%
2023	$3,750 -1.2%	$207,300 +1.6%
2022	$3,796 +12%	$204,000 +44.8%
2021	$3,388	$140,900 -0.1%
2020	$3,388	$141,000
2019	--	--
2018	$1,716 +22.9%	--
2016	$1,396 +4%	--
2015	$1,342 -3.3%	--
2014	$1,388 -16.6%	--
2012	$1,664	--
2011	--	--
2010	--	--