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 $648 (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 has been listed for 80 days.

Listed at

$120,000

$98/sqft

Home Add

506 Saint Peter Avenue, Albert Lea, MN, 56007

2 Bedrooms2 Bathrooms1,226 Square Feet0.14 Acres

Days on market80

Year built1937

Garage spaces1

TypeResidential

Est. $600buyer credit when you buy with SODL

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About this home

Check out this great starter home priced to sell. It features 2 bedrooms, 2 bathrooms, a fenced backyard with mature trees, and extra parking along the garage.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1937

LevelsOne

Living area1,226 sqft

Above-grade finished676 sqft

Below-grade finished550 sqft

Lot size0.14 acres (50x120)

Days on market80

ListedJul 10, 2026

MLS #NST7107810

CountyFreeborn

SubdivisionHome Add

Parcel #341805700

Facts & features

Interior

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

Property

Levels / stories: One
Garage: 1 space · 308 sqft
Parking features: Detached Garage
Exterior features: Other
Fencing: Full, Wood
Lot size: 0.14 acres

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 652 sqft
Year built: 1937

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Community & HOA

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

Financial & listing details

Annual tax: $648 (2025)
Listed: Jul 10, 2026
Days on market: 80
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths1

Half baths0

1/4 baths0

BasementBlock, Partially Finished

HeatingRadiant

CoolingCentral Air

LaundryIn Basement, Laundry Room

DiningKitchen/Dining Room

AmenitiesPatio

AccessibilityNone

Exterior & lot

ExteriorOther

FoundationBlock

Foundation area652 sqft

Lot featuresTree Coverage - Light

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage

Garage spaces1

Garage size308 sqft

Financial details

Annual taxes$648

Tax year2025

Taxes w/ assessments648

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

$600Estimated buyer credit

SODL platform fee $3,000Your buyer credit $600

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

$725/mo

Principal & interest$631

Property taxes$54

Home insurance (est.)$40

Down payment

$24,000

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.