Skip main navigation
Active with contingency
  • $154,900

    507 Alice Ave, Albert Lea, MN 56007

    3beds
    1,195sqft
    : 
    Loading
    Get pre-qualified
    Single Family
    Built in 1910
    4,965 Square Feet Lot
    $-- Zestimate®
    $130/sqft
    $-- HOA

    What's special

    Functional layoutOff-street parking
    Very well-maintained 3-bedroom, 2.5-bath home located in the heart of Albert Lea. This 1,195 sq ft property features a functional layout with one bedroom on the main level and additional bedrooms upstairs, offering flexibility for a variety of living arrangements. Enjoy the spacious 18x22 deck—perfect for entertaining or relaxing outdoors—along with a garage and off-street parking for added convenience. Ideally situated within walking distance to Fountain Lake walking trails, the beach, and the skate park, this home offers the best of location and lifestyle. Take in lake views from both the front and backyard, adding to the charm of this well-cared-for property. A move-in ready home in a prime location—schedule your showing today!
    78 days
    |
    535
    |
    35
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Davy Villarreal 507-318-0247,

    Robert Hoffman Realty Inc.,

    Matt Dugstad 507-279-3391

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7063135MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Block
      • Has fireplace: No
      Interior area
      • Total structure area: 1,195
      • Total interior livable area: 1,195 sqft
      • Finished area above ground: 1,195
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage, Concrete
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      Lot
      • Size: 4,965 Square Feet
      • Dimensions: 5000 sqft
      Details
      • Foundation area: 576
      • Parcel number: 341760090
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer - In Street
      • Water: City Water - In Street

      Community & HOA

      Community
      • Subdivision: Clausens First Sub
      HOA
      • Has HOA: No
      Location
      • Region: Albert Lea

      Financial & listing details

      • Price per square foot: $130/sqft
      • Tax assessed value: $136,500
      • Annual tax amount: $1,606
      • Date on market: 4/28/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/28/2026Listed for sale$154,900+23.9%$130/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7063135 Report a problem
        1/21/2022Sold$125,000+4.3%$105/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6136662 Report a problem
        12/23/2021Pending sale$119,900$100/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6136662 Report a problem
        12/20/2021Listed for sale$119,900+37.8%$100/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6136662 Report a problem
        4/13/2021Sold$87,036$73/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,674 +10.4%$136,500 +1.6%
        2024$1,516 +14.5%$134,300 +12.5%
        2023$1,324 +3.3%$119,400 -6%
        2022$1,282 +15.9%$127,000 +30.9%
        2021$1,106 $97,000 +3%
        2020$1,106 +26.8%$94,200
        2019$872 --
        2018$872 -6.4%--
        2016$932 +5.4%--
        2015$884 -2%--
        2014$902 -11%--
        2012$1,014 --
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56007

        Getting around

        45 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes