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  • $150,000

    507 Alice Ave, Albert Lea, MN 56007

    3beds
    1,195sqft
    Single Family
    Built in 1910
    4,965 Square Feet Lot
    $150,100 Zestimate®
    $126/sqft
    $1,558 Estimated rent

    Home value

    $150,100

    Estimated sales range

    Not available

    $1,558/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Davy Villarreal 507-318-0247,

    Robert Hoffman Realty Inc.,

    Matt Dugstad 507-279-3391

    Bought with:

    Helen Cook

    Real Broker, LLC.

    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: $126/sqft
    • Tax assessed value: $136,500
    • Annual tax amount: $1,606
    • Date on market: 4/28/2026
    • Cumulative days on market: 80 days

    Price history

    DateEventPrice
    7/27/2026Sold$150,000-3.2%$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7063135 Report a problem
    7/16/2026Pending sale$154,900$130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7063135 Report a problem
    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

    Neighborhood: 56007

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $150,100
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    +$3,002
    With Zillow Showcase(estimated)
    $153,102
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $150,100
    2% more
    +$3,002
    With Zillow Showcase(estimated)
    $153,102