2022 single family home for sale at 1504 Jasmine Drive in Alexandria, MN — 3 bed, 1 bath (photo 1 of 18)

1504 Jasmine Drive, Alexandria, MN 56308

3 Beds | 1 Bath | 1,200 Sq Ft | Single Family Home | MLS# 7139482

Price Reduced — was $299,000 (↓ $10,000) · M Markdowns

$289,000

$1,878/month Estimated

Principal & interest
$1,461
Property taxes
$248
Home insurance (est.)
$169
HOA dues
None

20% down ($57,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active

Located in The Trails 1st Add, Alexandria, MN.

About This Home

Single level living in the desirable Trails Addition of Alexandria! Welcome home to this charming 3-bed, 1-bath home. Offering comfortable one-level living, Inside you'll find the home offers a simple layout providing a low maintenance, convenient lifestyle. Outside, enjoy a generous yard with room for gardening, pets, or outdoor gatherings. Situated just moments from local parks and of course the Central Lakes Trail, this property is a must see. Schedule your private tour today!

BuyPulse · Live market read

How 1504 Jasmine Drive Compares to the Alexandria Market

At $241/sqft, this home is priced $37/sqft above the typical Alexandria single-family home of $204/sqft.

The median list price in Alexandria is $375,000.

Verdict: Premium Pricing

Your negotiating position

95 Strong buyer leverage

Seller's market · Balanced · Buyer leverage

Day 53 — similar homes typically go under contract by day ~8. This one is past that window.

38% of recent sales closed at or over asking — most sellers here negotiate.

4 similar homes for sale — alternatives if they won't move.

This seller already cut $10,000 — the asking price has already moved.

Homes like this one — ramblers between $217K and $361K in Alexandria:

  • The field: 4 similar Alexandria homes for sale — a short list right now.
  • Tempo: homes like this went pending in a median 8 days — 3 of the last 10 inside 4 days.
  • Negotiation: 38% of the last 21 sales here closed at or over list — there's room to negotiate.
  • Price cuts: 2 of 4 similar homes have trimmed asking. This one already cut $10,000.

Powered by the Realgorithm™ — 21 real Alexandria closings, zero guesses · NorthstarMLS

Key Features

Built
2022
Garage
2-Car Attached
Style
One
HOA
None
Annual Taxes
$2,976 (2025)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,200
Lot Size
0.28 acres
Basement
No
Roof
Asphalt
County
Douglas
List Date
2026-09-04
Days on Market
53 days
Parcel ID
633271495

Financial

Total Tax incl. Assessments
$2,976

Home Systems & Utilities

Heating
In-Floor Heating
Cooling
None
Water
City Water/Connected
Sewer
City Sewer/Connected

Interior Features

Laundry
Main Level

Construction & Exterior

Construction & Structure

Foundation Type
Slab
Foundation Area
1,200 sqft
Total Building Area
1,200 sqft

Exterior Features

Exterior Features
Vinyl
Accessibility Features
No Stairs External, No Stairs Internal

Parking & Garage

Parking Features
Attached Garage

Lot & Land

Zoning Description
Residential-Single Family

Agent & Office

List Office
Hetland Realty, LLC

Price History

  • Price reduced to $289,000 — Oct 21, 2026

1504 Jasmine Drive is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1504 Jasmine Drive

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Alexandria real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Hetland Realty, LLC · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7139482 · Updated October 21, 2026

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Frequently Asked Questions About 1504 Jasmine Drive

Is $289,000 a good price for a home in Alexandria?
According to BuyPulse, 1504 Jasmine Drive rates Premium Pricing — at $241/sqft it's priced 18% above the typical Alexandria single-family home of $204/sqft. Its negotiating-position score is 95/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Alexandria homes are closing versus list. Powered by the Realgorithm™. Browse Alexandria homes for sale to compare.
What type of heating and cooling does 1504 Jasmine Drive have?
1504 Jasmine Drive has In-Floor Heating and None cooling.
Where is 1504 Jasmine Drive located?
1504 Jasmine Drive is in the The Trails neighborhood of Alexandria, MN 56308, in Douglas County.
Is 1504 Jasmine Drive still available?
Yes — 1504 Jasmine Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 1504 Jasmine Drive built?
1504 Jasmine Drive was built in 2022. It features an asphalt roof and a slab foundation.
Does 1504 Jasmine Drive have main-floor laundry?
Yes — the laundry at 1504 Jasmine Drive is on the main level.
How many homes like 1504 Jasmine Drive are for sale in Alexandria?
4 similar homes (ramblers between $217K and $361K in Alexandria) are for sale right now — a short list right now.
How fast do homes like 1504 Jasmine Drive sell in Alexandria?
Homes like this one (ramblers between $217K and $361K in Alexandria) went pending in a median 8 days over the last 90 days — 3 of the last 10 went under contract within 4 days.
Do homes in Alexandria sell for asking price?
38% of the last 21 comparable Alexandria sales closed at or over list price — there's room to negotiate. Based on real NorthstarMLS closings, not estimates.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
What does "BuyPulse" mean?
BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Alexandria area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/27/2026, 8:44 AM CDT. 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.