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 $654 (2026).

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 3 days.

Sold / Closed

$59,900

Sold price · Closed Sep 18, 2026

$89/sqft

College Add

507 Pleasant Avenue, Albert Lea, MN, 56007

2 Bedrooms1 Bathroom726 Square Feet0.144 Acres

Days on market3

Year built1904

Garage spaces1

TypeResidential

About this home

Enjoy fishing and sunsets over Dane's Bay close to your background. With some little fixing up it would be a perfect starter home or investment opportunity. Close to Elementary School, park and lake. Two-bedroom, newer appliances, main floor laundry, newer A/C and furnace, six newer energy efficient windows, and roof replaced in 2025. Won't last long. Sold AS IS. Located in flood zone.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1904

LevelsOne

Living area726 sqft

Above-grade finished726 sqft

Below-grade finished0 sqft

Lot size0.144 acres (87x145)

Days on market3

ListedAug 13, 2026

MLS #NST7126779

CountyFreeborn

SubdivisionCollege Add

Parcel #341290310

Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories: One
Garage: 1 space · 264 sqft
Parking features: Attached Garage
Exterior features: Aluminum Siding
View: Bay
Waterfront: Lake View

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 726 sqft
Roof: Age 8 Years or Less
Year built: 1904

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Other
Electric: Circuit Breakers

Community & HOA

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

Financial & listing details

Annual tax: $654 (2026)
Tax with assessments: 724
Listed: Aug 13, 2026
Days on market: 3
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementFull

HeatingForced Air

CoolingCentral Air

LaundryMain Level

AppliancesDryer, Microwave, Range, Refrigerator, Washer

DiningEat In Kitchen

AmenitiesCeiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Washer/Dryer Hookup

AccessibilityNone

Special featuresAll Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorAluminum Siding

RoofAge 8 Years or Less

FoundationBlock

Foundation area726 sqft

Lot featuresCorner Lot, Irregular Lot

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelOther

Parking & garage

ParkingAttached Garage

Garage spaces1

Garage size264 sqft

Financial details

Annual taxes$654

Tax year2026

Taxes w/ assessments724

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 $1,947Your 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.

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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

$417/mo

Principal & interest$341

Property taxes$55

Home insurance (est.)$22

Down payment

$12,980

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.