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701 Scandia St, Alexandria, MN, 56308

4beds
4baths
2,476sqft
$399,900
$162price/sqft
$2,775/moest. monthly cost
$111,000/yrincome needed

About This Home

Warm and inviting modified colonial home (multi generational) in the heart of Victoria Heights Just 1 block from Lake Victoria featuring 4 large bedrooms, 3+ baths, huge 3 stall insulated garage with direct access to versatile in-law suite all situated on a lovely large secluded wooded lot. Have your agent give you guidance on this gem now!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

4/10
6/10
8/10

Construction

Condition

  • Year built: 1967

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Partially finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • 1/4 bathrooms: 1

Features

  • Flooring: Tile,Other,Carpet,Hardwood,Laminate,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,476 sqft

Property

Details

  • Parcel number: 632794000

Features

  • Exterior features: Vinyl,Metal
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 0.39 Acres

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached,Off-street,On-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Strong Wind
Lightning
Tornado

FEMA Declared Disasters in Douglas County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$235$2,820
Property Taxes $310$3,720
Electricity $208$2,505
Total$2,775$33,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,142/yr
40% on housing$83,250/yr
45% on housing$74,000/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 56308$180
Douglas County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 56308$167
Douglas County$149

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-08Price change$399,900
2025-11-11Listed for sale$399,000
2012-06-08Sold$174,500
2012-03-24Price change$179,500
2012-01-25Price change$187,500
2011-07-31Listed for sale$197,500

For Sale by Owner

AgentProperty Owner

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