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 $4,503.02 (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 3-car garage.

How long has this property been on the market?

This property was listed for 9 days.

No photos available

Pending

$389,500

$213/sqft

Lakeview Add

615 Grace Street, Albert Lea, MN, 56007

3 Bedrooms2 Bathrooms1,832 Square Feet0.172 Acres

Days on market9

Year built1926

Garage spaces3

TypeResidential

Est. $8,685buyer credit when you buy with SODL

About this home

Fountain Lake living at its finest! This charming 3-bedroom lake home offers incredible views and the rare convenience of a dedicated dock space, making it easy to enjoy everything the lake has to offer. The home features seamless steel siding and a newer roof and windows for lasting durability and peace of mind. A spacious heated 3-car garage is an exceptional find for a lake property, providing plenty of room for vehicles, lake toys, and storage. Inside, character and thoughtful updates blend beautifully with restored hardwood floors, beamed ceilings, and a cozy gas fireplace. Whether you're relaxing by the fireplace, taking in the stunning lake views, or heading out to the water, this property offers the perfect combination of classic charm, modern updates, and exceptional lake-living amenities.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1926

LevelsTwo

Living area1,832 sqft

Above-grade finished1,816 sqft

Below-grade finished16 sqft

Lot size0.172 acres (55.5 x 135)

Days on market9

ListedAug 18, 2026

MLS #NST7123045

CountyFreeborn

SubdivisionLakeview Add

Parcel #341220310

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Boiler, Hot Water
Cooling: Window Unit(s)
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: Two
Garage: 3 spaces · 36 x 24 · 864 sqft
Parking features: Detached Garage, Concrete
Patio & porch: Deck
Exterior features: Steel Siding
Pool: None

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Block, Brick/Mortar · 1,032 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 1926

Utilities

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

Community & HOA

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

Financial & listing details

Annual tax: $4,503.02 (2026)
Tax with assessments: 5300
Listed: Aug 18, 2026
Days on market: 9
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementFull

HeatingBoiler, Hot Water

CoolingWindow Unit(s)

Fireplaces1

LaundryLower Level

AppliancesDishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned

DiningEat In Kitchen, Separate/Formal Dining Room

AccessibilityNone

Special features3 BR on One Level

Exterior & lot

ExteriorSteel Siding

RoofAge 8 Years or Less, Asphalt

FoundationBlock, Brick/Mortar

Foundation area1,032 sqft

Patio/porchDeck

Lot featuresAccessible Shoreline

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete

Garage spaces3

Garage size864 sqft

Financial details

Annual taxes$4,503.02

Tax year2026

Taxes w/ assessments5300

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

$8,685Estimated buyer credit

SODL platform fee $3,000Your buyer credit $8,685

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

$2,552/mo

Principal & interest$2,047

Property taxes$375

Home insurance (est.)$130

Down payment

$77,900

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.