NOT LISTED FOR SALE

105 Elmwood St E Lanesboro, MN 55949

Estimated Value: $260,866

3 Beds
2 Baths
2,468 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $252,500 $102 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,577/month

157 Days on Market

Highlights

  • City View
  • The kitchen features windows
  • Laundry Room
  • No HOA
  • Living Room
  • Water Softener is Owned

About This Home

As of April 2024

Updated commercial building located directly across from the Root River Bike Trail in beautiful downtown Lanesboro! Main floor commercial space is ideal for retail or office space; features 12’ ceilings, wood floors, kitchenette, 3⁄4 bath and laundry hook-ups. Second story home/apartment offers separate access, tons of character, original trim, built-ins, 3 bedrooms, refinished wood floors, 9’ ceilings, enclosed porch and triple pane windows. Exterior is maintenance-free with metal roof (2016), restored stucco and a new wood facade. Here's your opportunity to invest in a multi-purpose building for your single family dwelling or commercial business.

Last Agent to Sell the Property

Tim Danielson

Elcor Realty of Rochester Inc. Listed on: 10/31/2023

Co-Listed By

Jennifer Danielson

Elcor Realty of Rochester Inc.

Last Buyer's Agent

Susan Riggott

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Zoning described as Business/Commercial,Residential-Single Family

Parking

  • 1 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Boiler Heating System
  • 100 Amp Service
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Lanesboro Original Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,436

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2468
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2468
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Metal

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: City View,Deck,Hardwood Floors,Kitchen Window,Patio,Porch,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Lanesboro
  • SchoolDistrictPhone: 507-467-2229

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 25x100
  • Lot Size Sq Ft: 2613.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood, Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 2436
  • TaxWithAssessments: 2436.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Apr 30, 2024
Sold by
The Lanesboro Grain Company Llc
Bought by
Richardson Keith
Seller's Agent
Tim Danielson
Elcor Realty of Rochester Inc.
Buyer's Agent
Susan Riggott
Edina Realty, Inc.
List Price
$279,900
Sold Price
$252,500
Premium/Discount to List
-$27,400
-9.79%
Views
336
Current Estimated Value
$260,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,366
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Feb 15, 2021
Sold by
Benson Janet C and Benson Jess
Bought by
Lanesboro Grain Co Llc

Purchase Details

Closed on
Apr 6, 2020
Sold by
Danz Patrick
Bought by
Benson Janet C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Keith $252,500 --
Lanesboro Grain Co Llc -- None Available
Benson Janet C $160,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $252,500 -4.7% $102 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $265,000 -5.3% $107 / Sq Ft
11/02/2023 11/02/23 For Sale $279,900 -- $113 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,426 $113,900 $12,600 $101,300
2024 $2,426 $113,900 $12,600 $101,300
2023 $2,468 $113,900 $12,600 $101,300
2022 $2,244 $115,400 $12,600 $102,800
2021 $2,244 $112,500 $12,700 $99,800
2020 $2,218 $112,500 $12,700 $99,800
2019 $2,188 $103,300 $12,600 $90,700
2018 $1,906 $103,300 $12,600 $90,700
2017 -- $103,000 $12,600 $90,400
2016 $2,114 $103,000 $12,600 $90,400
2015 $1,904 $78,500 $11,603 $66,897
2014 $1,904 $78,500 $11,603 $66,897
2013 $1,904 $77,400 $11,500 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6455832

NorthstarMLS

APN: 19.0208.000