$300,000
COMING SOON

1027 Cedar Ave Albert Lea, MN 56007

Estimated payment $1,895/month

3 Beds
3 Baths
2,510 Sq Ft
10,019 Sq Ft Lot

Highlights

  • Family Room with Fireplace
  • No HOA
  • Enclosed Patio or Porch
  • Corner Lot
  • The kitchen features windows
  • 2 Car Attached Garage

About This Home

Rare opportunity to own a one-of-a-kind Tudor-style home brimming with historic charm and character in the heart of Albert Lea. Built in 1942 and nestled on a corner lot just moments from Fountain Lake and Albert Lea Lake, this 3-bedroom, 3-bath two-story offers timeless architecture, irreplaceable original details, and a location that outdoor enthusiasts will love — with fishing, boating, and paddling at your doorstep and nearby Myre-Big Island State Park offering 25 miles of scenic hiking and birding trails. Step inside to discover hardwood floors throughout, rich original woodwork, and a warm, character-filled interior that simply cannot be replicated. The spacious living room features a brick fireplace and an abundance of natural light, while a separate formal dining room and an eat-in kitchen area offer flexible spaces for everyday living and entertaining. A charming three-season porch and a den with a stunning tin ceiling and built-in shelving round out the main level. Outside, a paver patio with an adorable gazebo creates a perfect spot for relaxing or hosting guests. All three bedrooms are located on the upper level, including a primary with two walk-in closets — a surprisingly modern touch in this classic home. A private rooftop balcony offers a serene perch to take in the treetop views. The partially finished basement adds a second fireplace and additional living space. An attached two-car garage and corner lot complete this truly special property.

Listing Agent

Sara Anderson

Keller Williams Preferred Rlty Listed on: 04/22/2026

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 107x91x121x90
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Fairview Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341030520

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,652

Year Built

Built in 1942

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stucco, Wood
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1942
  • Above Grade Finished Sq Ft: 2150
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: 4128
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Storage Space
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 2510
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 360
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Foundation Details: Block
  • PatioPorchType: Enclosed, Porch

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony, Ceiling Fan(s), Hardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Porch, Washer/Dryer Hookup

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 5073794800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 107x91x121x90
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 341030520
  • Tax Annual Amount: 3652
  • TaxWithAssessments: 3722

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,952 $261,800 $29,700 $232,100
2024 $2,838 $211,400 $29,700 $181,700
2023 $2,770 $201,800 $29,700 $172,100
2022 $2,668 $197,900 $29,700 $168,200
2021 $2,500 $168,000 $29,700 $138,300
2020 $2,356 $150,800 $23,300 $127,500
2019 $2,202 $144,000 $22,000 $122,000
2018 $2,126 $0 $0 $0
2016 $1,926 $0 $0 $0
2015 $1,806 $0 $0 $0
2014 $1,716 $0 $0 $0
2012 $2,674 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Sold $258,000 -6.2% $103 / Sq Ft View Prior Sale
12/15/2023 12/15/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $275,000 -8.2% $110 / Sq Ft
08/30/2023 08/30/23 Price Changed $299,500 -6.4% $119 / Sq Ft
06/30/2023 06/30/23 Price Changed $319,900 -6.7% $127 / Sq Ft
05/15/2023 05/15/23 For Sale $343,000 -- $137 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $258,000 --
Source: Public Records

Source: NorthstarMLS

MLS Number: 7006332

NorthstarMLS

APN: 34.103.0520

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