Closed

$51,000

518 Saint Thomas Ave, Albert Lea, MN 56007

3beds

2,160sqft

Single Family

Built in 1935

6,098 Square Feet Lot

$52,400 Zestimate^®

$24/sqft

$1,435 Estimated rent

Home value

$52,400

Estimated sales range

Not available

$1,435/mo

Zestimate^® history

Owner options

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$1,435/mo

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$1,435/mo

Rent Zestimate^®

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$261/mo

Est. payment

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$261/mo

Est. payment

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What's special

Dead-end streetBrand new roof

This 3 bedroom, 1 bath ranch-style home on a dead-end street offers potential with a brand new roof installed in 2024 but requires significant renovations as it currently has no working utilities. Ideal for investors or those looking for a fixer-upper, the property presents an opportunity to create a personalized living space in a peaceful setting.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Main
Area: 140 Square Feet
Dimensions: 10x14

Bedroom 2

Level: Main
Area: 120 Square Feet
Dimensions: 10x12

Bedroom 3

Level: Main
Area: 130 Square Feet
Dimensions: 10x13

Bathroom

Level: Main
Area: 36 Square Feet
Dimensions: 6x6

Family room

Level: Main
Area: 78 Square Feet
Dimensions: 6x13

Kitchen

Level: Main
Area: 143 Square Feet
Dimensions: 11x13

Living room

Level: Main
Area: 160 Square Feet
Dimensions: 10x16

Heating

Forced Air

Cooling

None

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 2,160
Total interior livable area: 2,160 sqft
Finished area above ground: 1,080
Finished area below ground: 0

Property

Parking

Parking features: Gravel

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 6,098 Square Feet
Dimensions: 50 x 122

Details

Foundation area: 1080
Parcel number: 341803430
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Roof: Age 8 Years or Less,Asphalt

Condition

New construction: No
Year built: 1935

Utilities & green energy

Electric: Fuses
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Albert Lea

Financial & listing details

Price per square foot: $24/sqft
Tax assessed value: $99,000
Annual tax amount: $754
Date on market: 3/26/2025
Cumulative days on market: 17 days

Price history

Date	Event	Price
4/30/2025	Sold	$51,000$24/sqft
Source: NorthstarMLS as distributed by MLS GRID #6691739 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$766 +1.6%	$99,000 +42.7%
2024	$754 +10.6%	$69,400
2023	$682 +19.6%	$69,400 +2.7%
2022	$570 -2.1%	$67,600 +23.4%
2021	$582	$54,800 +22.9%
2020	$582 +16.9%	$44,600
2019	$498	--
2018	$498 -33.8%	--
2016	$752	--
2015	$752 -4.8%	--
2014	$790 -25.2%	--
2012	$1,056	--
2011	--	--
2010	--	--