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 $2,982 (2025).

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 has been listed for 384 days.

Listed at

$215,000

$128/sqft

505 Wayside Avenue

505 Wayside Avenue, Albert Lea, MN, 56007

4 Bedrooms2 Bathrooms1,680 Square Feet14250 Acres

Days on market384

Year built1970

Garage spaces1

TypeResidential

Est. $3,450buyer credit when you buy with SODL

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About this home

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!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1970

LevelsOne

Living area1,680 sqft

Above-grade finished1,680 sqft

Below-grade finished0 sqft

Lot size14250 acres (75 x 190)

Days on market384

ListedSep 9, 2025

MLS #NST6784995

CountyFreeborn

Parcel #342370290

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 1 full / 1 3/4
Heating: Forced Air
Cooling: Central Air
Laundry: In Basement

Property

Levels / stories: One
Garage: 1 space · 384 sqft
Parking features: Attached Garage, Concrete, Garage Door Opener
Patio & porch: Patio
Pool: None
Fencing: None

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Block, Frame
Foundation: 960 sqft
Roof: Age Over 8 Years, Asphalt
Year built: 1970

Utilities

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

Community & HOA

HOA: No HOA
School district: Albert Lea

Financial & listing details

Annual tax: $2,982 (2025)
Tax with assessments: 3050
Listed: Sep 9, 2025
Days on market: 384 · 99 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths1

Half baths0

1/4 baths0

BasementBlock, Drainage System, Sump Pump, Unfinished

HeatingForced Air

CoolingCentral Air

Fireplaces1

LaundryIn Basement

DiningKitchen/Dining Room

AmenitiesCeiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Patio, Security System

AccessibilityNone

Special features4 BR on One Level, Main Floor Primary, Main Floor Bedroom, Primary Bdr Suite

Exterior & lot

RoofAge Over 8 Years, Asphalt

Foundation area960 sqft

Patio/porchPatio

Lot featuresTree Coverage - Light

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener

Garage spaces1

Garage size384 sqft

Financial details

Annual taxes$2,982

Tax year2025

Taxes w/ assessments3050

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1141

District phone5073794800

High schoolAlbert Lea

SODL flat fee brokerage

$3,450Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,450

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

$1,450/mo

Principal & interest$1,130

Property taxes$249

Home insurance (est.)$72

Down payment

$43,000

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.