Pending

$389,500

615 Grace St, Albert Lea, MN 56007

3beds

1,832sqft

$2,599/mo

Get pre-qualified

Single Family

Built in 1926

7,492 Square Feet Lot

$389,000 Zestimate^®

$213/sqft

$-- HOA

What's special

Modern updatesRestored hardwood floorsIncredible viewsDedicated dock spaceClassic charmCozy gas fireplaceStunning lake views

Fountain Lake living at its finest! This charming 3-bedroom lake home offers incredible views and the rare convenience of a dedicated dock space, making it easy to enjoy everything the lake has to offer. The home features seamless steel siding and a newer roof and windows for lasting durability and peace of mind. A spacious heated 3-car garage is an exceptional find for a lake property, providing plenty of room for vehicles, lake toys, and storage. Inside, character and thoughtful updates blend beautifully with restored hardwood floors, beamed ceilings, and a cozy gas fireplace. Whether you're relaxing by the fireplace, taking in the stunning lake views, or heading out to the water, this property offers the perfect combination of classic charm, modern updates, and exceptional lake-living amenities.

18 days
575
25

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Upper
Area: 144 Square Feet
Dimensions: 12 x 12

Bedroom 2

Level: Upper
Area: 165 Square Feet
Dimensions: 11 x 15

Bedroom 3

Level: Upper
Area: 121 Square Feet
Dimensions: 11 x 11

Dining room

Level: Main
Area: 175 Square Feet
Dimensions: 14 x 12.5

Kitchen

Level: Main
Area: 96 Square Feet
Dimensions: 8 x 12

Recreation room

Level: Lower
Area: 273 Square Feet
Dimensions: 21 x 13

Sun room

Level: Main
Area: 126 Square Feet
Dimensions: 9 x 14

Heating

Boiler, Hot Water

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
Laundry: Lower Level

Features

Basement: Full
Number of fireplaces: 1
Fireplace features: Gas, Living Room

Interior area

Total structure area: 2,848
Total interior livable area: 1,832 sqft
Finished area above ground: 1,816
Finished area below ground: 16

Property

Parking

Total spaces: 3
Parking features: Detached Garage, Concrete
Garage spaces: 3
Details: Garage Dimensions (36 x 24)

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Deck
Pool features: None
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front

Lot

Size: 7,492 Square Feet
Dimensions: 55.5 x 135
Features: Accessible Shoreline

Details

Foundation area: 1032
Parcel number: 341220310
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Frame
Roof: Age 8 Years or Less,Asphalt

Condition

New construction: No
Year built: 1926

Utilities & green energy

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

Community & HOA

Community

Subdivision: Lakeview Add

HOA

Has HOA: No

Location

Region: Albert Lea

Financial & listing details

Price per square foot: $213/sqft
Tax assessed value: $314,100
Annual tax amount: $4,503
Date on market: 8/18/2026
Cumulative days on market: 18 days

Estimated market value

$389,000

$370,000 - $408,000

$1,652/mo

Price history

Date	Event	Price
8/27/2026	Pending sale	$389,500$213/sqft
Source: NorthstarMLS as distributed by MLS GRID #7123045 Report a problem
8/18/2026	Listed for sale	$389,500+116.5%$213/sqft
Source: NorthstarMLS as distributed by MLS GRID #7123045 Report a problem
12/24/2014	Listing removed	$179,900+12.6%$98/sqft
Source: Coldwell Banker Home Connection #4053223 Report a problem
12/23/2014	Sold	$159,800-11.2%$87/sqft
Source: NorthstarMLS as distributed by MLS GRID #5099528 Report a problem
5/3/2014	Listed for sale	$179,900-7.7%$98/sqft
Source: Coldwell Banker Home Connection #4053223 Report a problem
8/20/2013	Listing removed	$194,900$106/sqft
Source: Leland Realty, Inc #4038565 Report a problem
8/13/2013	Listed for sale	$194,900$106/sqft
Source: Leland Realty, Inc #4038565 Report a problem
8/8/2012	Listing removed	$194,900$106/sqft
Source: Kenneth R. Leland Realty, Inc. #4038565 Report a problem
6/30/2012	Listed for sale	$194,900$106/sqft
Source: Kenneth R. Leland Realty, Inc. #4038565 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,940 -0.8%	$314,100 +9.8%
2024	$4,980 +22.9%	$286,100 -0.3%
2023	$4,052 +0.9%	$286,900 +11.2%
2022	$4,016 +24.3%	$258,100 +30.6%
2021	$3,230	$197,600 +2.5%
2020	$3,230 +3.4%	$192,700
2019	$3,124	--
2018	$3,124 +53.1%	--
2016	$2,040 -13%	--
2015	$2,344 -1.8%	--
2014	$2,386 -3%	--
2012	$2,460	--
2011	--	--
2010	--	--