$50,000
SOLD AUG 19, 2025

306 E 2nd St Albert Lea, MN 56007

2 Beds
1 Bath
1,102 Sq Ft
0.3 Acres

Recently Sold

$45 Per Sq Ft

17% Below List Price

4 Days on Market

Highlights

  • Deck
  • Home Office
  • 3-minute walk to Frank Hall Park
  • No HOA
  • Combination Dining and Living Room

About This Home

As of August 2025

Discover the charm and potential of this character-filled investment property!
Featuring timeless original woodwork, classic French doors, and architectural details you don’t find in today’s builds, this home is bursting with opportunity. With the right vision and touch of TLC, it can be easily transformed into a warm and inviting residence or a profitable rental. Whether you’re a seasoned investor or a first-time flipper, this property offers a rare chance to restore a home with true personality and historic charm. Bring your creativity and unlock the beauty waiting within these walls!

Last Agent to Sell the Property

Pam Schmidt

Coldwell Banker River Valley, REALTORS Listed on: 07/28/2025

Coldwell Banker River Valley, REALTORS

Last Buyer's Agent

Dan Reese

Dan Reese Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1921

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x198

Parking

  • 1 Car Garage

Interior Spaces

  • 1,102 Sq Ft Home
  • 1.5-Story Property
  • Combination Dining and Living Room
  • Home Office
  • Range
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Gravity Heating System

Community Details

  • No Home Owners Association
  • Halls Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340331970

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1921
  • Above Grade Finished Sq Ft: 1102
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1102
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Bedroom 1, Bedroom 2, Office, Kitchen

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 360

Utilities

  • Heating: Gravity
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictNumber: 241
  • SchoolDistrictPhone: 507-379-4800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x198
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 340331970
  • Tax Annual Amount: 1072
  • TaxWithAssessments: 1306.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2025
Closed on
Aug 15, 2025
Sold by
Miranda Angel and Miranda Catalina
Bought by
Charles Merritt Homes Inc
Seller's Agent
Pam Schmidt
Coldwell Banker River Valley, REALTORS
Buyer's Agent
Dan Reese
Dan Reese Realty
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19152.08%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Commerce Bank
Bought by
Miranda Angel and Miranda Catalina

Purchase Details

Closed on
Jan 27, 2021
Sold by
Kleinschrodt Matthew T
Bought by
Commerce Bank
Source: Public Records

Similar Homes in Albert Lea, MN

  • 717 Jefferson Ave, Albert Lea, MN 56007

    $39,950

    • 3 Beds
    • 1 Bath
    • 1,536 Sq Ft
    • 717 Jefferson Ave
    • Albert Lea, MN

    Perfectly located on the edge of downtown Albert Lea, this one-and-a-half-story home offers over 1,500 square feet of interior living space and exciting opportunity for customization. The main floor features high ceilings, a well-appointed kitchen with options for an eat-in breakfast area, and a bright, open living room ideal for entertaining. A formal or informal dining area is flooded with

    Mike Wilen ™ Coldwell Banker Realty

    Section Image
  • 730 W Front St, Albert Lea, MN 56007

    $49,900

    • 3 Beds
    • 1 Bath
    • 1,268 Sq Ft
    • 730 W Front St
    • Albert Lea, MN

    Perfect opportunity to put your talents to work to make this three bedroom and one bath home your own. Home has spacious living room and kitchen. Home is close to parks and schools. This is a must see!

    Matt Johnson Leland Realty

    Section Image
  • 607 W Clark St, Albert Lea, MN 56007

    $59,000

    • 3 Beds
    • 1.5 Baths
    • 1,716 Sq Ft
    • 607 W Clark St
    • Albert Lea, MN

    Charming Home Full of Potential – Just Needs a Little TLC!This beautiful home is full of character and ready for someone to bring it back to life. With a spacious eat-in kitchen, large bedrooms, gorgeous wood floors, original woodwork, and built-ins upstairs, there's so much to love and restore.The upstairs includes a cozy porch that offers great potential to be converted into a

    Georgiana Wadding Coldwell Banker River Valley, REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $30,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $50,000 -16.5% $45 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $59,900 0.0% $54 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $59,900 -- $54 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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 $1,306 $39,000 $26,100 $12,900
2024 $1,168 $69,700 $18,600 $51,100
2023 $3,644 $62,400 $18,600 $43,800
2022 $1,214 $63,100 $18,600 $44,500
2021 $1,072 $55,700 $18,600 $37,100
2020 $1,026 $44,100 $13,100 $31,000
2019 $904 $38,000 $11,200 $26,800
2018 $888 $0 $0 $0
2016 $770 $0 $0 $0
2015 $744 $0 $0 $0
2014 $746 $0 $0 $0
2012 $864 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6762704

NorthstarMLS

APN: 34.033.1970