NOT LISTED FOR SALE

518 Saint Thomas Ave Albert Lea, MN 56007

Estimated Value: $51,000 - $141,000

3 Beds
1 Bath
1,080 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2025

Last sale price $51,000 $47 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $648 / mo

17 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of April 2025

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.

Last Agent to Sell the Property

Lisa Evans

Realty ONE Group Black Diamond Listed on: 03/25/2025

Realty ONE Group Black Diamond

Last Buyer's Agent

Peter Vue

Home Sellers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 50x122

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 341803430

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1935

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Vinyl
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1080
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1080
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Fuses
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 5073794800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x122
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 341803430
  • Tax Annual Amount: 754
  • TaxWithAssessments: 754

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
Mar 25, 2025
Closed on
Apr 30, 2025
Sold by
Bought by
Seller's Agent
Lisa Evans
Realty ONE Group Black Diamond
Buyer's Agent
Peter Vue
Home Sellers
List Price
$54,000
Sold Price
$51,000
Premium/Discount to List
-$3,000
-5.56%
Views
52
Current Estimated Value
$108,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,020
Avg. Annual Appreciation
93.16%
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
$51,000 --
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
04/30/2025 04/30/25 Sold $51,000 -5.6% $47 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $54,000 -- $50 / 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 $766 $99,000 $20,800 $78,200
2024 $754 $69,400 $8,300 $61,100
2023 $726 $69,400 $8,300 $61,100
2022 $682 $67,600 $8,300 $59,300
2021 $570 $54,800 $8,300 $46,500
2020 $582 $45,800 $8,300 $37,500
2019 $514 $41,300 $7,400 $33,900
2018 $498 $0 $0 $0
2016 $752 $0 $0 $0
2015 $752 $0 $0 $0
2014 $790 $0 $0 $0
2012 $1,056 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Evans

    Seller's Agent in 2025

    Lisa Evans

    Realty ONE Group Black Diamond

    (507) 461-3790

    202 Total Sales

    Lisa Evans
    Section Image

  • P

    Buyer's Agent in 2025

    Peter Vue

    Home Sellers

    (651) 300-7967

    1 Total Sale

    Peter Vue
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6691739

NorthstarMLS

APN: 34.180.3430

Minnesota Freeborn County Albert Lea 56007

518 Saint Thomas 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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