Cadastral Attributes & Deed Registry

Recorded Legal Owner	Krell/Lloyd J/Farms
Mailing Address	2162 Highland Ave Albert Lea, MN 56007 MN
Land Classification	Agriculture
Improvement Share	1% Structure • 99% Land
Legal Description	Se1/4 Except Railroad Also Except 2.314 Acres W of Rr Also Except Com Se Corner Se1/4 N122'59"e648.49' To Tpob N122'59"e643' N8837'01"w680' S122'59"w643' S88*37'01"e680'to Tpob

Cadastral Analysis & Tax Equity Simulation

Interactive Simulator

7967 123rd Street is cataloged under the Steele County, MN property tax appraisal roll with an assessor fair market valuation of $1,536,600. Structural improvements constitute 1% ($23,000) of total parcel value, with allocated land value accounting for 99% ($1,513,600). Based on the prevailing MN benchmark tax rate of 1.21%, estimated annual ad valorem taxes are approximately $18,593/year.

Property Tax Appeal Savings Simulator

Slide left to simulate lower assessed comp value

Target Valuation: $1,536,600

-50% ($768,300) Current Roll ($1,536,600)

Est. Tax Reduction

$0 / yr

(Current assessed baseline)

Simulated at Steele County benchmark tax rate of 1.21% (approx. 12.1 mills).

Step-by-step appeal guide →

* Illustrative benchmark calculation based on county baseline. Actual tax bills vary by municipal taxing district, school millage, and statutory exemptions.

Adjacent Property & Address

City

Just Valuation

6753 118th Street, STEELE, MN

STEELE

$1,543,200

E1/2 of Ne1/4, STEELE, MN

STEELE

$823,300

8080 123rd Street, STEELE, MN

STEELE

$1,004,800