Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,418 (2025).

What school district is this property in?

This property is in the 241 - Albert Lea school district.

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property was listed for 44 days.

Sold / Closed

$80,000

Sold price · Closed Dec 29, 2025

$55/sqft

Lake Add

1007 Frank Avenue, Albert Lea, MN, 56007

4 Bedrooms2 Bathrooms1,716 Square Feet0.2 Acres

Days on market44

Year built1903

Garage spaces1

TypeResidential

About this home

This 4-bedroom home is a fantastic opportunity for the buyer ready to build some sweat equity. The main floor features a desirable setup with one bedroom, a full bathroom, and a laundry area, offering excellent accessibility and convenience. The dining area has glass doors that open right onto the back deck, perfect for grilling and outdoor entertaining. The backyard is already fully fenced-in, making it a great space for pets or gardening! The house exterior is low-maintenance with vinyl siding, and the detached garage features wood siding. Due to the condition, this property will not qualify for VA, FHA, or USDA financing. Cash or conventional loan buyers are encouraged to inquire.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1903

LevelsTwo

Living area1,716 sqft

Above-grade finished1,716 sqft

Below-grade finished0 sqft

Lot size0.2 acres (66x132)

Days on market44

ListedOct 13, 2025

MLS #NST6803888

CountyFreeborn

SubdivisionLake Add

Parcel #340360770

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 1 full / 1 3/4
Heating: Forced Air
Cooling: None
Laundry: Main Level

Property

Levels / stories: Two
Garage: 1 space · 12x20 · 240 sqft
Parking features: Detached Garage, Gravel
Patio & porch: Covered, Deck
Exterior features: Vinyl, Wood
Fencing: Chain Link, Full, Privacy

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 676 sqft
Roof: Asphalt
Year built: 1903

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Lake Add
HOA: No HOA
School district: 241 - Albert Lea
High school district: Albert Lea

Financial & listing details

Annual tax: $1,418 (2025)
Listed: Oct 13, 2025
Days on market: 44
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths1

Half baths0

1/4 baths0

BasementCrawl Space

HeatingForced Air

CoolingNone

LaundryMain Level

DiningKitchen/Dining Room

AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Washer/Dryer Hookup

AccessibilityNone

Special features3 BR on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorVinyl, Wood

RoofAsphalt

FoundationBlock

Foundation area676 sqft

Patio/porchCovered, Deck

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage, Gravel

Garage spaces1

Garage size240 sqft

Financial details

Annual taxes$1,418

Tax year2025

Taxes w/ assessments1418

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District241 - Albert Lea

District number241

District phone5073794800

High schoolAlbert Lea

SODL flat fee brokerage

$0Estimated buyer credit

SODL platform fee $2,847Your buyer credit $0

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$649/mo

Principal & interest$499

Property taxes$118

Home insurance (est.)$32

Down payment

$18,980

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.