1602 Gateway Dr, Albert Lea, MN 56007
OFF MARKET

$153,200

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,502 sqft

1602 Gateway Dr, Albert Lea, MN 56007

Est. Refi. Payment $1,039/mo*
Refinance Your Home
Currently Off Market - Sold Aug 20, 2024 for $135,000

Home Value

Trulia Estimate
$153K
Since last month
Decreased$2K (-1.2%)
Since last year
Increased$14K (+10%)
Since last sale
Increased$17K (+12.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +35% in the last 10 years
MonthEstimated value
2026
September 2026$152K
August 2026$154K
July 2026$155K
June 2026$157K
May 2026$156K
April 2026$153K
March 2026$145K
February 2026$139K
January 2026$138K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1503 Highview Trl #6, Albert Lea, MN
1.94
Townhouse
$249,900
07/31/26
2
2
1,386
2733 Campus Ln, Albert Lea, MN
1.85
Townhouse
$323,000
06/30/26
2
2.5
2,121
1815 Lakewood Ave, Albert Lea, MN
2.36
Townhouse
$140,400
07/06/26
2
1
1,043
1436 Martin Rd, Albert Lea, MN
2.15
Townhouse
$204,000
06/26/26
2
2.5
1,951
1609 Keystone Dr, Albert Lea, MN
2.48
Townhouse
$119,000
05/07/26
2
1.5
1,332
1612 Hale Dr, Albert Lea, MN
2.47
Townhouse
$180,000
04/20/26
2
1.5
1,332
1805 Lakewood Ave, Albert Lea, MN
2.41
Townhouse
$78,500
03/25/26
2
1
928
1808 Lakewood Ave, Albert Lea, MN
2.44
Townhouse
$250,000
04/30/26
2
2
2,236
1850 Lakewood Ave, Albert Lea, MN
2.53
Townhouse
$241,000
01/13/26
2
1.5
1,229
1932 Wilby Rd, Albert Lea, MN
2.58
Townhouse
$235,000
04/01/26
2
1.5
1,200

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1614 Gateway Dr, Albert Lea, MN 56007
0.04
$191,000
3
2
2,360
Recently Sold
1605 Canary Dr, Albert Lea, MN 56007
0.04
$269,900
4
2
2,145
For Sale
1304 Swanhill Dr, Albert Lea, MN 56007
0.03
$238,100
3
2.5
1,920
Off Market
1609 Gateway Dr, Albert Lea, MN 56007
0.04
$323,900
4
2
2,084
For Sale
1405 Swanhill Dr, Albert Lea, MN 56007
0.05
$173,500
2
2
1,825
Off Market
1420 Penn Ave, Albert Lea, MN 56007
0.09
$259,600
3
2
1,838
Off Market
1429-1431 Spartan, Albert Lea, MN 56007
0.11
$241,500
4
-
-
Off Market
1424 Penn Ave, Albert Lea, MN 56007
0.10
$290,000
5
3
2,754
Recently Sold
1429-31 Spartan Ave, Albert Lea, MN 56007
0.11
$215,000
4
4
2,276
Recently Sold
1717 Canary Dr, Albert Lea, MN 56007
0.17
$295,000
3
1.5
1,853
Recently Sold
1715 Gateway Dr, Albert Lea, MN 56007
0.16
$320,600
3
2.5
2,784
Off Market

Local Information

  • Map ViewExplore the area around 1602 Gateway Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 1973
1,502 sqft
$102/sqft
1 Car Garage

About this House

2 bedroom 1 bath twin home with main floor laundry. There is a lot of potential in the lower level with an additional family room, bedroom and additional storage that needs some finishing. Basement has been dry for years.
1602 Gateway Dr, Albert Lea, MN 56007 is a 3 bedroom, 1 bathroom, 1,502 sqft townhouse built in 1973. It last sold for $135,000 on Aug 20, 2024 (10% below the $149,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $153,200, with a rent estimate of $1,204/month.
Last check for updates: about 21 hours ago
Listed by RE/MAX Properties
Bought with: Jeffrey Paul Nielsen, (507) 383-7012, Century 21 Atwood
Source: NorthstarMLS as distributed by MLS GRID, MLS#6563474

Home Details for 1602 Gateway Dr

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partially FinishedNumber of Rooms: 10Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bathroom, Dining Room, Family Room, Kitchen, Laundry, Living Room, Storage
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1502 Square FeetFoundation Area: 1280
Appliances & Utilities
Laundry: Main Level
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1002 Square FeetFinished Area (below surface): 500 Square Feet

Days on Market

Cumulative Days on Market: 20

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: ResidentialProperty Subtype: Townhouse Side x Side
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 340860410

Price & Status

Price
List Price: $149,900
Status Change & Dates
Off Market Date: Mon Jul 22 2024

Location

Direction & Address
City: Albert LeaCommunity: Pob Southgate Add
School Information
High School District: Albert Lea

Building

Building Area
Building Area: 1502 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7884.36 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6563474Above Grade Unfinished Area: 1002

Price and Tax history

DateEventPrice
Aug 20, 2024
Source: NorthstarMLS as distributed by MLS GRID #6563474
Sold
$135,000
Jul 22, 2024
Source: NorthstarMLS as distributed by MLS GRID #6563474
Pending
$149,900
Jul 2, 2024
Source: NorthstarMLS as distributed by MLS GRID #6563474
Listed For Sale
$149,900
Aug 30, 2000
Source: N/A
Sold
$72,500

Market trends in Albert Lea

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$185K
Sale-to-List Price
99.1%
Price per sq ft
$99
Available listings
126
3MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Albert Lea

At least 102 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say car is needed

  • 85 % Say parking is easy

  • 82 % Say yards are well-kept

  • 67 % Say kids play outside

  • 65 % Say there are sidewalks

  • 64 % Say streets are well-lit

  • 64 % Say people would walk alone at night

  • 62 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 49 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 30 % Say it's walkable to restaurants

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Terry K.
    "Very dog friendly city. Lots of paths to walk along the lake as well as nature paths that are very dog friendly. There is even a dog park that seems to be very popular for both big dogs and small "
    2
    Flag
  • Charles D.
    "Right by the beach and people are always walking their dogs. Great place to be. Quiet and friendly neighborhood "
    4
    Flag
  • Kim K.
    "I drive an hour to work ever day. Driving in town in general is pretty laid back though and rarely any heavy traffic."
    1
    Flag
  • Stephanie G.
    "I was raised in this neighborhood pretty good place to live in. Good schools. Decent restaurants not a whole lot of shopping area thought but it’s quite which is good. "
    0
    Flag
  • A
    "Easy area to walk dogs and spend quality time outside with family. Biking or running, Albert Lea has all you need to raise a family and stay healthy while doing it. "
    0
    Flag
  • Naheiser
    "Lived here for 3 years. My 3 neighbors are all very nice, caring people. We are tucked back on a bay of Fountain Lake with woods so it’s quiet. We see eagles and cardinals plus deer and wild turkeys! Love it here."
    2
    Flag
  • Cole7481
    "Great place to live! Beautiful lakes, parks and people. Amazing cost of living. Places to eat, things to do. Lake, land, life! "
    0
    Flag
  • Cole7481
    "Community events are always happening, such as Holiday events, markets, live music and festivals, etc. Great people and lots to do - lakes, land, life!"
    0
    Flag
  • Unspecified
    "I've live in Albert Lea my whole life and honestly it's quite dull unless your a streo typically elderly person. There isn't much here for young people, jobs are few and far between, The lakes are gross."
    1
    Flag
  • Unspecified
    "I like all the parks that are less then a mile from my house. My favorite park in my neighborhood is Frank Hall park. Frank Hall park has a play area for kids, a fishing pier, Public water access for boaters, and Gazbos that are perfect for a picnic (The humane society is by the park too! highly recommend checking it out if you want a pet.). Right across the street from the park there is a basketball and a pickleball court and the Aquatic Center."
    0
    Flag
  • scottschmeltzer12
    "Amazing community for giving back! Relay for Life, United Way, etc. Small town that is great for raising a family. 45 minutes from Mayo Clinic-Rochester, MN. Two amazing golf courses. New High School that is beautiful."
    0
    Flag
  • Dsrborland
    "good place to live,low crime,"
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-20 23:53:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 1602 Gateway Dr

  • What is 1602 Gateway Dr estimated to be worth?
    Trulia's estimated value for 1602 Gateway Dr in Albert Lea, MN is $153,200.
  • What is the price history for 1602 Gateway Dr?
    1602 Gateway Dr in Albert Lea, MN last sold for $135,000 in August 2024.
  • Is Albert Lea a buyer's or seller's market?
    Albert Lea is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Albert Lea?
    The median sale price in Albert Lea is $185K.
  • Does 1602 Gateway Dr have air conditioning?
    Yes, 1602 Gateway Dr in Albert Lea, MN has air conditioning.
  • Does 1602 Gateway Dr have laundry facilities?
    Yes, 1602 Gateway Dr in Albert Lea, MN has laundry facilities.

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