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811 East Plaza Street

811 East Plaza Street, Albert Lea, MN 56007
Property in Albert Lea
811 East Plaza Street has been categorized by the local assessors in Albert Lea, MN as a commercial type of property. The building on the property was first built in 1994 and is 30 years old. The area measurement of the land has been determined as 66,497 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $28,916 in taxes each year. 811 East Plaza Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $856,800. If we break it down further, the land itself was valued at $229,500. Improvements to the property, however, were assessed at a total of $627,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Building Condition: Average
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 66,497
  • Total Building Area: 21,718
  • Building Area: 21,718
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PLAZA 90 SECOND ADDITION
  • Land Acres: 1.526
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: PLAZA 90 SECOND ADDITION LOT-001 BLOCK-001 E 221 FT LOT 1, BLK 1 PLAZA 90 2ND ADDN CITY OF ALBERT LEA

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Albert Lea Public School District
  • School Tax School District: SD 0241
  • School Tax District Code 2: SHELL ROCK RVR
  • Census Tract: 180500

Zoning

  • Zoning: B2

Geography

  • District: 3401
  • Parcel: 34.290.0011
  • Block: 1
  • Lot: 1
  • Municipality: CITY OF ALBERT LEA
  • Latitude: 43.6865
  • Longitude: -93.3574

    Address

  • Full Address: 811 E Plaza St
  • Address - House Number: 811
  • Street Direction: E
  • Address - Street Name: Plaza
  • Address - Suffix Type: St
  • State: MN
  • City Name: Albert Lea
  • Carrier Code: C011
  • 4-Digit Zip Code: 2084
  • Zip Code: 56007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,175,000
  • First Open Lien Mortgage Lender: FARMERS SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2013
  • First Open Lien Mortgage Loan Amount: $2,175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $856,800
  • Market Land Value: $229,500
  • Market Improvement Value: $627,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $856,800
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $627,300

About Albert Lea



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 811 East Plaza Street located in?
The 811 East Plaza Street is a located in the neighborhood of Albert Lea in Albert Lea, Albert Lea.
What is the average sales price for listings in 811 East Plaza Street?
The average sales price for units in 811 East Plaza Street is $0 currently.

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