NOT LISTED FOR SALE

505 Wayside Ave Albert Lea, MN 56007

Estimated Value: $184,000 - $228,000

4 Beds
2 Baths
1,680 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2026

Last sale price $182,000 $108 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,346 / mo

99 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • 1-Story Property
  • The kitchen features windows
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of January 2026

Schedule your appointment today to tour this 4 bedroom ranch style home. There is ample space for everyone wtih this one -level home. Family room is spacious with great light and has a fireplace for cold evenings. The main bedroom has a private bath. This home could be yours!

Last Agent to Sell the Property

Susan Loch

Century 21 Atwood Listed on: 09/09/2025

Century 21 Atwood

Last Buyer's Agent

Scott Millhouse

Leland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 75 x 190
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Block Exterior

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Drainage System
  • Sump Pump
  • Block Basement Construction
  • Laundry in Basement

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 342370290

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,982

Year Built

Built in 1970

Lot Details

0.32 Acres

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1680
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drainage System, Sump Pump, Unfinished
  • Fireplace Features: Gas
  • Living Area: 1680
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • PatioPorchType: Patio

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Patio, Security System

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 5073794800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75 x 190
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 342370290
  • Tax Annual Amount: 2982
  • TaxWithAssessments: 3050

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2025
Closed on
Jan 16, 2026
Sold by
Bought by
Seller's Agent
Susan Loch
Century 21 Atwood
Buyer's Agent
Scott Millhouse
Leland Realty
List Price
$246,000
Sold Price
$182,000
Premium/Discount to List
-$64,000
-26.02%
Views
48
Current Estimated Value
$202,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,594
Avg. Annual Appreciation
27.59%
Original Mortgage
$142,000
Outstanding Balance
$142,000
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$60,594
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$182,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $142,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/16/2026 01/16/26 Sold $182,000 -15.3% $108 / Sq Ft
12/17/2025 12/17/25 Pending -- -- --
10/14/2025 10/14/25 Price Changed $215,000 -3.6% $128 / Sq Ft
09/12/2025 09/12/25 Price Changed $223,000 -9.3% $133 / Sq Ft
09/09/2025 09/09/25 For Sale $246,000 -- $146 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,050 $234,900 $25,000 $209,900
2024 $2,830 $217,300 $25,000 $192,300
2023 $2,968 $201,300 $25,000 $176,300
2022 $2,684 $201,900 $17,500 $184,400
2021 $2,462 $161,300 $17,500 $143,800
2020 $2,348 $142,300 $15,000 $127,300
2019 $1,896 $119,500 $12,500 $107,000
2018 $1,830 $0 $0 $0
2016 $1,528 $0 $0 $0
2015 $1,560 $0 $0 $0
2014 $1,344 $0 $0 $0
2012 $1,744 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2026

    Susan Loch

    Century 21 Atwood

    (507) 383-9195

    9 in this area

    17 Total Sales

    Susan Loch
    Section Image

  • S

    Buyer's Agent in 2026

    Scott Millhouse

    Leland Realty

    (507) 383-1205

    11 in this area

    11 Total Sales

    Scott Millhouse
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6784995

NorthstarMLS

APN: 34.237.0290

Minnesota Freeborn County Albert Lea 56007

505 Wayside Ave, Albert Lea, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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