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225 McKay Ave

Alexandria, MN 56308

3 bd 1 ba 1,194 sqft Built 1940 Lot 55,321 sqft single_family
Most recent sale
$205,000
Nov 29, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2023 Sold $205,000 NorthstarMLS
Sep 29, 2023 Listed $214,900 NorthstarMLS
Jul 20, 2023 Sold $114,000 Public Record
Apr 16, 2016 Listing removed $174,900 GreaterAlexandria
Jul 24, 2013 Sold $98,500 Public Record
Jun 20, 2012 Listing removed $89,000 GreaterAlexandria
Jun 1, 2011 Listing removed $174,900 LakeRegionMN
Apr 30, 2007 Listing removed $149,900 GreaterAlexandria
Jan 31, 2007 Listed $149,900 GreaterAlexandria
Jan 8, 2007 Listing removed $159,900 GreaterAlexandria
Jan 4, 2007 Listing removed $159,900 LakeRegionMN
Jun 12, 2006 Listed $159,900 LakeRegionMN
Feb 19, 2003 Listing removed $99,900 GreaterAlexandria
Feb 19, 2002 Listed $99,900 GreaterAlexandria
Oct 2, 1998 Listed $89,000 GreaterAlexandria

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $98,574 $1,330
2021 $90,617 $1,256
2020 $84,840 $1,216
2019 $80,153 $1,124
2018 $74,703 $1,014
2017 $72,741 $962
2016 $68,490 $962
2015 $64,600 $936
2014 $42,700 $638
2013 $44,100 $27,100 $71,200 $984
2011 $45,100 $28,600 $73,700 $14,752
2010 $2,898,600 $52,816

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,194 sqft
Lot size
55,321 sqft
ZIP code
56308
City
Alexandria
Street
McKay Ave
Coordinates
45.89110, -95.35111

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,791
Gross rental yield
10.48%
Implied cap rate
6.81%
Trend-extrapolated value

Frequently asked questions

When did 225 McKay Ave last sell?
225 McKay Ave most recently sold on Nov 29, 2023 for $205,000.
What is the current tax assessment for 225 McKay Ave?
The most recent total assessment for 225 McKay Ave (year 2022) is $98,574 with $1,330 in property tax.
How does 225 McKay Ave's assessment compare to its last sale price?
The current assessment is 51.9% below the last sale price of $205,000.
When was 225 McKay Ave built?
225 McKay Ave was built in 1940.
How does 225 McKay Ave compare to others on McKay Ave?
We track 8 other properties on McKay Ave. Browse the list under "Other properties on McKay Ave" to compare beds, baths, and sale history.
What are the property facts for 225 McKay Ave?
225 McKay Ave is a 3 bed, 1 bath, 1,194 sqft, 55,321 sqft lot single_family.
Is 225 McKay Ave a flip candidate?
Yes — 225 McKay Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 225 McKay Ave a tax-appeal candidate?
No — 225 McKay Ave 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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