521 Peter Street, Albert Lea, MN 56007
OFF MARKET

521 Peter Street
Albert Lea, MN 56007

  • 3 Beds
  • 1 Bath
  • 1,701 sqft

$122,700

Trulia Estimate
as of Jul 21, 2026
Est. Refi. Payment $796/mo*

$122,700

Trulia Estimate
as of Jul 21, 2026
Est. Refi. Payment $796/mo*
3 Beds
1 Bath
1,701 sqft

Local Information

  • Map ViewExplore the area around 521 Peter Street.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Description

Cute 1 1/4 story home on East Side. Needs some decorating, but prior owner took good care of property. Back alley access to garage.
521 Peter Street, Albert Lea, MN 56007 is a 3 bedroom, 1 bathroom, 1,701 sqft single-family home built in 1940. It last sold for $51,000 on Dec 31, 2007 (6% below the $54,200 asking price). It is currently off market. The Trulia Estimate is $122,700, with a rent estimate of $1,368/month.

Home Details for 521 Peter Street

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 5Types of Rooms: Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1701 Square Feet
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Hardwood Floors
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Gravel,Detached
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 945 Square FeetFinished Area (below surface): 756 Square Feet

Days on Market

Cumulative Days on Market: 68

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Steel Siding
Property Information
Parcel Number: 341803970

Price & Status

Price
List Price: $54,200
Status Change & Dates
Off Market Date: Tue Dec 18 2007

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Albert Lea

Lot Information

Lot Area: 5662.8 sqft

Offer

Listing Terms: Conventional

Miscellaneous

BasementMls Number: 1054450Attribution Contact: ***Above Grade Unfinished Area: 945
Last check for updates: about 10 hours ago
Listed by Bill Leland, (507) 373-9581
Leland Realty, Inc.
Bought with: Emelie Paulson, (507) 377-2783, RE/MAX Properties
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1054450

Price History for 521 Peter Street

DatePriceEventSource
12/31/2007$51,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1054450

Market trends in Albert Lea

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
115
25
MoM
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Comparable Sales for 521 Peter Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Single-Family Home
$45,000
03/23/26
2
1
1,320
0.13
Single-Family Home
$95,000
05/27/26
2
1
1,240
0.34
Single-Family Home
$75,000
06/25/26
3
1
1,848
0.08
Single-Family Home
$80,000
10/17/25
3
2
930
0.17
Single-Family Home
$123,000
09/24/25
2
1
1,500
0.38
Single-Family Home
$76,500
01/05/26
3
1
1,224
0.10
Single-Family Home
$126,000
11/25/25
2
1
1,120
0.17
Single-Family Home
$172,500
04/02/26
3
1
1,040
0.09
Single-Family Home
$120,000
07/30/25
3
1.5
1,121
0.24
Single-Family Home
$120,000
12/17/25
2
1
1,065

Nearby homes

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Assigned Schools

These are the assigned schools for 521 Peter Street.
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 101 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

  • 63 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 54 % Say it's quiet

  • 50 % 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 "
  • Charles D.
    "Right by the beach and people are always walking their dogs. Great place to be. Quiet and friendly neighborhood "
  • 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."
  • 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. "
  • 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. "
  • 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."
  • Cole7481
    "Great place to live! Beautiful lakes, parks and people. Amazing cost of living. Places to eat, things to do. Lake, land, life! "
  • 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!"
  • 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."
  • 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."
  • 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."
  • Dsrborland
    "good place to live,low crime,"

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Homes for sale near 521 Peter Street

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Off Market Homes Near 521 Peter Street

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Based on information submitted to the MLS GRID as of 2026-07-20 23:47:30 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