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305 Fairgrounds Rd

Alexandria, MN 56308

2 bd 1 ba 768 sqft Built 1935 Lot 8,276 sqft single_family
Most recent sale
$145,200
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2024 Sold $159,000 NorthstarMLS
Apr 11, 2024 Listed $167,000 NorthstarMLS
Aug 8, 2022 Sold $145,200 MLS #6226353
Jun 27, 2022 Listed $129,000 MLS #6226353

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $86,900 $20,600 $107,500 $1,260
2022 $55,410 $816
2020 $50,178 $740
2019 $46,799 $690
2018 $44,760 $616
2017 $42,660 $586
2016 $41,580 $582
2015 $39,060 $576
2014 $37,600 $558
2013 $37,000 $558
2012 $37,000 $574
2011 $46,800 $18,800 $65,600 $506
2010 $46,800 $18,800 $65,600 $482

Property facts

Year built
1935
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
768 sqft
Lot size
8,276 sqft
ZIP code
56308
City
Alexandria
Street
Fairgrounds Rd
Coordinates
45.89183, -95.38791

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,152
Gross rental yield
9.52%
Implied cap rate
6.19%
Trend-extrapolated value

Frequently asked questions

When did 305 Fairgrounds Rd last sell?
305 Fairgrounds Rd most recently sold on Aug 8, 2022 for $145,200.
What is the current tax assessment for 305 Fairgrounds Rd?
The most recent total assessment for 305 Fairgrounds Rd (year 2024) is $107,500 with $1,260 in property tax.
How does 305 Fairgrounds Rd's assessment compare to its last sale price?
The current assessment is 26.0% below the last sale price of $145,200.
When was 305 Fairgrounds Rd built?
305 Fairgrounds Rd was built in 1935.
How does 305 Fairgrounds Rd compare to others on Fairgrounds Rd?
We track 8 other properties on Fairgrounds Rd. Browse the list under "Other properties on Fairgrounds Rd" to compare beds, baths, and sale history.
What are the property facts for 305 Fairgrounds Rd?
305 Fairgrounds Rd is a 2 bed, 1 bath, 768 sqft, 8,276 sqft lot single_family.
Is 305 Fairgrounds Rd a flip candidate?
No — 305 Fairgrounds Rd does not appear in our flips dataset.
Is 305 Fairgrounds Rd a tax-appeal candidate?
No — 305 Fairgrounds Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$339.3K
2026 Q4
$339.6K
ZIP 56308 — Median Price History + Forecast

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