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868 Latoka Heights Ln SW, Alexandria, MN, 56308

$1,995,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
5,262 SqFt
$379/SqFt
House
Schools Nearby

Location

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868 Latoka Heights Ln SW, Alexandria$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Attached Garage3 spaces
Year Built2002
HeatingSteam, Forced Air, Fireplace(s), Radiant Floor
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceFamily Room, Gas, Living Room, Stone
ViewLake, Panoramic, Other
MLS #6510768
StatusActive

About 868 Latoka Heights Ln SW

Stunning rustic luxury home located on East Lake Latoka 3 miles from vibrant downtown Alexandria with easy access to Interstate 94. This meticulously maintained home is sided with hand peeled Montana Lodge Pole Pine. The home was framed with traditional 2 x 6 construction. Large 2.44 acre wooded lot with 243 ft of lakeshore. Your custom built lake home features exceptional detail throughout. Showings available for pre-approved and cash buyers. -Expansive lakeside windows provide unmatched views of Lake Latoka -Oversized fully finished heated shop to store your toys -Infloor heat throughout lower level -Granite counter tops throughout home -Open floor plan -Acreage on Lake Latoka -Stunning sunsets -30 AMP RV hookup

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Living Area: 5,262 SqFt

Listing Office:

  • Office Name: Savvy Avenue, LLC

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Panoramic, Other

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Fireplace(s), Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Jefferson Senior High School, Public District Grades 10-12
  • Discovery Junior High School, Public District Grades 7-9
  • Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Interstate 94, exit 100. Proceed eastbound on County Road 45, left turn on Fireman's Lodge Road. Neighborhood will be on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $379/SqFt

Tax Information:

  • Annual Amount: $10,886
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Alexandria, MN.

Med. Sold Price

$349.4K

Med. Price/SqFt

$176

Avg. Days On Market

30

# of Sold Homes

21

868 Latoka Heights Ln SW vs Alexandria

33 DAYS ON ROCKET

+3 Days

$1,995,000

+$1.6M More

$379/SqFt

+$203 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $203/SqFt more than other homes in Alexandria, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6510768

Listing Office:

  • Office Name: Savvy Avenue, LLC

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,886$1,030,200
2020$10,892$962,700
2019$10,364$939,000
2017$9,678$850,200

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4693534
6
/10
  • Lincoln Elementary School

  • 1120 Lark St

  • 1.40 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4693535
4
/10
  • Discovery Junior High School

  • 510 Mckay Ave N

  • 3.21 miles

  • Public District Grades 7-9

High School

school-card-donut-4693536
6
/10
  • Jefferson Senior High School

  • 1401 Jefferson St

  • 2.16 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,030. Residents of Alexandria, MN typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 868 Latoka Heights Ln SW

What is the listing price of this property?

The listing price of 868 Latoka Heights Ln SW property is $1,995,000.

What type of property is this?

The property 868 Latoka Heights Ln SW is a house located in Alexandria, Minnesota, 56308.

Is this property for sale now?

Active Listing: 868 Latoka Heights Ln SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 868 Latoka Heights Ln SW are:
Lincoln Elementary School: GreatSchools Rating 6/10
Discovery Junior High School: GreatSchools Rating 4/10
Jefferson Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,886 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 868 Latoka Heights Ln SW has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 868 Latoka Heights Ln SW is 5,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 868 Latoka Heights Ln SW is 2002.

Rocket Homes›Minnesota›Douglas County›Alexandria›56308›868 Latoka Heights Ln SW

This home is located at 868 Latoka Heights Ln SW in Alexandria, MN and zip code 56308. This 5,262 square foot home was built in 2002. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,995,000.

Over 5 listings were sold over their listed price in April 2024 in Alexandria, MN. In the same period over 15 listings were sold below the listed price and 1 listings were sold for the listed price. Between March 2024 and April 2024, Alexandria, MN real estate market has seen increase in the number of listings by 34.5%. Listings spent 30 days on the market in April 2024, and had a median list price of $349,450 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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