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Multi-Family Dwellings (Generic, Any Combination)Residential
Last sold for $236,000 on Oct 4, 2019

509 COMMERCIAL ST

ALBERT LEA, MN 56007
5
Beds
2
Baths
6,155 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.3 ac
Lot SizeThe size of the land the home sits on, from county records.
1953
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$236,000 · Oct 4, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,626 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$120,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$24,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$96,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$120,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$120,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Multi-Family Dwellings (Generic, Any Combination)
CountyFREEBORN
Lot (acres)The size of the land the home sits on, from county records.0.30
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Tar & Gravel
HeatingThe type of heating system in the home.Baseboard
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Sibley Elementary SchoolC
Elementary · Grades PK–5 · 0.8 mi
M
Southwest Middle SchoolC
Middle · Grades 6–7 · 0.9 mi
H
Albert Lea Senior High SchoolB
High · Grades 8–12 · 2.7 mi

District: Albert Lea Public School District

Neighborhood · ZIP 56007These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.116
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.21,032
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.117 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,706
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,906
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

509 Commercial St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Albert Lea 56007
  • Has a bigger lot than 67% of homes in Albert Lea 56007

How it measures up in Albert Lea 56007

The dot is this home. The mark in the middle is the typical home in Albert Lea 56007.

Living area6,155 ft²
SmallerTypical 1,280 ft²Bigger

Bigger than almost all homes nearby

Lot size0.3 ac
SmallerTypical 0.23 acBigger

Bigger than 67% of homes nearby

Year built1953
OlderTypical 1954Newer

Newer than 49% of homes nearby

How 509 Commercial St ranks against every home in each area.
MeasureThis homeAlbert Lea 56007Freeborn County
Living areabigger than6,155 ft²almost all homesalmost all homes
Lot sizebigger than0.3 ac67% of homes53% of homes
Year builtnewer than195349% of homes50% of homes

About 509 Commercial St

When did 509 Commercial St, Albert Lea, MN last sell?

509 Commercial St, Albert Lea, MN last sold on Oct 4, 2019 for $236,000, according to the county's recorded deed.

How big is 509 Commercial St, Albert Lea, MN?

509 Commercial St, Albert Lea, MN has 5 bedrooms, 2 bathrooms, 6,155 square feet of living space and a 0.30-acre lot.

When was 509 Commercial St, Albert Lea, MN built?

509 Commercial St, Albert Lea, MN was built in 1953, making it 73 years old. The building has 2 stories.

What schools serve 509 Commercial St, Albert Lea, MN?

509 Commercial St, Albert Lea, MN is assigned to Sibley Elementary School (elementary), rated C; Southwest Middle School (middle), rated C; Albert Lea Senior High School (high), rated B. All sit in Albert Lea Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 509 Commercial St, Albert Lea, MN compare to other homes in Albert Lea 56007?

Among the 8,591 homes in Albert Lea 56007, it is bigger than almost all of them (6,155 ft² against a typical 1,280 ft²), its lot is bigger than 67% of them (0.3 ac against a typical 0.23 ac) and it is newer than 49% of them (1953 against a typical 1954). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 509 Commercial St, Albert Lea, MN?

The 2026 property tax bill for 509 Commercial St, Albert Lea, MN was $2,626. The county assessed it at $120,100.

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Assigned schools

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