$40,000
SOLD NOV 7, 2025

525 Triangle Dr Albert Lea, MN 56007

1 Bed
1 Bath
493 Sq Ft
4,966 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

27% Below List Price

24 Days on Market

Highlights

  • Deck
  • The kitchen features windows
  • Living Room
  • No HOA
  • Breakfast Bar
  • 5-minute walk to Central Territorial

About This Home

As of November 2025

Welcome to your new home, a delightful one-bedroom, one- bathroom gem that embodies cozy living while offering the convenience of urban access. Nestled in a cozy neighborhood just a stone's throw away from downtown, this single-level residence is ideal for those seeking an affordable lifestyle without sacrificing comfort and charm. Step outside onto the charming deck overlooking the backyard, a perfect spot for morning coffee or evening relaxation. One of the standout features of this property is the walkout basement, offering endless possibilities. The detached one-car garage adds convenience and ample storage for your vehicle or personal belongings. This is an income producing property as current tenant pays $600 per month for rent which includes all utilities in that amount. This is a must see!

Last Agent to Sell the Property

Matt Johnson

Leland Realty Listed on: 09/16/2025

Co-Listed By

Heather Allen

Leland Realty

Last Buyer's Agent

Steve Lehner

Leland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1947

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 493 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage Room

Kitchen

  • Breakfast Bar
  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Wedgemor Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340100090

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 493
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Unfinished, Walkout
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 493
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bathroom, Laundry, Storage

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x100
  • Lot Size Sq Ft: 4965.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 340100090
  • Tax Annual Amount: 742
  • TaxWithAssessments: 742.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2025
Closed on
Nov 7, 2025
Sold by
Hansen Torey
Bought by
Nessett James
Seller's Agent
Matt Johnson
Leland Realty
Buyer's Agent
Steve Lehner
Leland Realty
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.62%

Purchase Details

Listed on
Nov 26, 2024
Closed on
Feb 14, 2025
Sold by
Muilenburg Properties Llc
Bought by
Hansen Torey
Seller's Agent
Laura Cunningham
Century 21 Atwood
Buyer's Agent
Matt Johnson
Leland Realty
List Price
$62,500
Sold Price
$38,000
Premium/Discount to List
-$24,500
-39.2%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Feb 2, 2021
Sold by
Muilenburg Mark M and Muilenburg Holly J
Bought by
Muilenburg Properties Llc

Purchase Details

Closed on
May 17, 2018
Sold by
Brua Brad Brad
Bought by
Muilenburg Mark Mark
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Type Sale Price Title Company
Deed $40,000 --
Deed $38,000 --
Quit Claim Deed -- None Available
Deed $8,800 --
Deed $8,800 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Sold $40,000 -20.0% $81 / Sq Ft
10/10/2025 10/10/25 Pending -- -- --
09/21/2025 09/21/25 Price Changed $50,000 -9.1% $101 / Sq Ft
09/16/2025 09/16/25 For Sale $55,000 +44.7% $112 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
02/14/2025 02/14/25 Sold $38,000 -30.9% $77 / Sq Ft View Prior Sale
02/01/2025 02/01/25 Price Changed $55,000 -6.0% $112 / Sq Ft
12/10/2024 12/10/24 Price Changed $58,500 -6.4% $119 / Sq Ft
11/26/2024 11/26/24 For Sale $62,500 -- $127 / 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 $742 $43,600 $12,700 $30,900
2024 $546 $43,800 $5,500 $38,300
2023 $462 $32,100 $5,500 $26,600
2022 $554 $26,700 $5,500 $21,200
2021 $516 $28,400 $5,500 $22,900
2020 $524 $26,600 $5,500 $21,100
2019 $510 $26,800 $5,000 $21,800
2018 $804 $0 $0 $0
2016 $428 $0 $0 $0
2015 $414 $0 $0 $0
2014 $420 $0 $0 $0
2012 $530 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6789756

NorthstarMLS

APN: 34.010.0090