1998 single family home for sale at 1576 W Latoka Drive SW in Alexandria, MN — 4 bed, 2 bath (photo 1 of 58)

1576 W Latoka Drive SW, Alexandria, MN 56308

4 Beds | 2 Baths | 2,144 Sq Ft | Single Family Home | MLS# 7138825

$425,000

Is 1576 W Latoka Drive SW a Good Deal?

BuyPulse Verdict

Strong Value

At $198/sqft — This home is priced right at the typical Alexandria single-family home of $205/sqft.

Your Negotiating Position

42 — Seller-leaning market

Day 10 — similar homes typically go under contract by day ~7. This one is past that window.

71% of recent sales closed at or over asking — Alexandria sellers rarely discount.

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

Powered by the Realgorithm™ — 81 active Alexandria listings · NorthstarMLS

$2,642/month Estimated

Principal & interest
$2,149
Property taxes
$245
Home insurance (est.)
$248
HOA dues
None

20% down ($85,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active

Located in Latoka Scenic View 1st Additio, Alexandria, MN.

About This Home

Beautifully updated 4 bedroom, 2-bath rambler situated on a spacious 1-acre corner lot just across the street from Lake Latoka! The sellers have thoughtfully opened up the main level, creating a bright and inviting open-concept layout with a lovely kitchen, dining & living room, perfect for everyday living and entertaining. Recent updates include new flooring, fresh paint, a beautifully remodeled main-floor bath with a tiled walk-in shower, and brand-new carpet throughout the lower level. The full basement offers additional living space and plenty of room to spread out & brand-new carpet. Outside, enjoy a maintenance-free deck overlooking the expansive yard with space for gardening, outdoor games, and kids or pets to play. Car and toy enthusiasts will appreciate the insulated 3-car attached garage plus an additional 1-stall detached garage. A move-in-ready home with space, updates, and a fantastic location near Lake Latoka!

BuyPulse™ — Live Market Read

Homes like this one — ramblers between $319K and $531K in Alexandria:

  • The field: 12 similar Alexandria homes for sale — you have options.
  • Tempo: homes like this went pending in a median 7 days — 5 of the last 15 inside 4 days.
  • Negotiation: 71% of the last 24 sales here closed at or over list — Alexandria doesn't discount.

Powered by the Realgorithm™ — 24 real Alexandria closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1998
Above Grade
1,196 sq ft
Below Grade
948 sq ft
Lot Size
1.01 acres
Lot Features
Corner Lot, Irregular Lot, Tree Coverage - Medium
Garage
4-car (Attached Garage, Detached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages)
Heating
Forced Air
Cooling
Central Air
Basement
Finished
Appliances
Dishwasher, Dryer, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Sewer
City Sewer/Connected
Water
Private
Annual Taxes
$2,944
County
Douglas
Days on Market
10

1576 W Latoka Drive SW is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1576 W Latoka Drive SW

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 Counselor Realty Inc of Alex · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7138825 · Data refreshed September 16, 2026

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Frequently Asked Questions About 1576 W Latoka Drive SW

Is $425,000 a good price for a home in Alexandria?
According to BuyPulse, 1576 W Latoka Drive SW rates Strong Value — at $198/sqft it's priced right at the typical Alexandria single-family home of $205/sqft. Its negotiating-position score is 42/100 (Seller-leaning market), 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.
Does 1576 W Latoka Drive SW have a basement?
Yes, 1576 W Latoka Drive SW has a finished basement with 948 sq ft of below-grade space.
What type of heating and cooling does 1576 W Latoka Drive SW have?
1576 W Latoka Drive SW has Forced Air heating and Central Air cooling.
Where is 1576 W Latoka Drive SW located?
1576 W Latoka Drive SW is in the Latoka Scenic View Itio neighborhood of Alexandria, MN 56308, in Douglas County.
Is 1576 W Latoka Drive SW still available?
Yes — 1576 W Latoka Drive SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 1576 W Latoka Drive SW built?
1576 W Latoka Drive SW was built in 1998. It features block construction, an asphalt roof, and a block foundation.
How many homes like 1576 W Latoka Drive SW are for sale in Alexandria?
12 similar homes (ramblers between $319K and $531K in Alexandria) are for sale right now — you have options.
How fast do homes like 1576 W Latoka Drive SW sell in Alexandria?
Homes like this one (ramblers between $319K and $531K in Alexandria) went pending in a median 7 days over the last 90 days — 5 of the last 15 went under contract within 4 days.
Do homes in Alexandria sell for asking price?
71% of the last 24 comparable Alexandria sales closed at or over list price — Alexandria doesn't discount. Based on real NorthstarMLS closings, not estimates.
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.