Closed

$110,000

315 E William St, Albert Lea, MN 56007

4beds

3baths

1,751sqft

Multi Family

Built in 1898

-- sqft lot

$120,000 Zestimate^®

$63/sqft

$1,235 Estimated rent

Home value

$120,000

$103,000 - $138,000

$1,235/mo

Zestimate^® history

Owner options

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$1,235/mo

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$1,235/mo

Rent Zestimate^®

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$562/mo

Est. payment

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$562/mo

Est. payment

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What's special

Single stall detached garage

The real estate investment is right here. Nice duplex or could be single family home. Has 2 (2bedroom apartments) with a great investment return. Upper level is currently occupied. Single stall detached garage, with parking in driveway for tenants. Within a block of downtown and Fountain Lake.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Forced Air

Appliances

Laundry: Main Level

Features

Basement: Block,Partial,Unfinished

Interior area

Total structure area: 1,751
Total interior livable area: 1,751 sqft
Finished area above ground: 1,751
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached Garage, Gravel
Garage spaces: 1
Details: Garage Dimensions (20x16), Garage Door Height (7), Garage Door Width (8)

Accessibility

Accessibility features: None

Features

Levels: Two
Patio & porch: Porch
Pool features: None
Fencing: None

Lot

Size: 6,098 Square Feet
Dimensions: 49 x 124
Topography: Hilly

Details

Foundation area: 492
Parcel number: 340011290
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Roof: Asphalt

Condition

New construction: No
Year built: 1898

Utilities & green energy

Electric: Fuses, 100 Amp Service, Power Company: Freeborn - Mower Cooperative Services
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Location

Region: Albert Lea

Financial & listing details

Price per square foot: $63/sqft
Tax assessed value: $114,600
Annual tax amount: $1,422
Date on market: 12/7/2023
Cumulative days on market: 65 days

Price history

Date	Event	Price
2/22/2024	Sold	$110,000-15.4%$63/sqft
Source: NorthstarMLS as distributed by MLS GRID #6466629 Report a problem
2/10/2024	Pending sale	$129,999$74/sqft
Source: NorthstarMLS as distributed by MLS GRID #6466629 Report a problem
12/7/2023	Listed for sale	$129,999+170.8%$74/sqft
Source: NorthstarMLS as distributed by MLS GRID #6466629 Report a problem
10/19/2004	Sold	$48,000$27/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,722 -10%	$114,600 +35%
2024	$1,914 +15.2%	$84,900 +8%
2023	$1,662 +5.2%	$78,600 +0.4%
2022	$1,580 -3.7%	$78,300 +43.9%
2021	$1,640	$54,400 +9.9%
2020	$1,640 +120.4%	$49,500
2019	$744	--
2018	$744 +55%	--
2016	$480 +3%	--
2015	$466 -0.9%	--
2014	$470 -23%	--
2012	$610	--
2011	--	--
2010	--	--