$234,000
SOLD JAN 3, 2025

109 Elmwood St E Lanesboro, MN 55949

4 Beds
2 Baths
2,198 Sq Ft
4,966 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

5% Below List Price

52 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Family Room

About This Home

As of January 2025

This is one of the earlier original homes built in Lanesboro in 1880. This property holds historic value, great location and opportunity that will give the new homeowner/investor numerous possibilities to make it their own home or invest part of the home rental living or VRBO/AirBNB in beautiful downtown Lanesboro. So many recent renovations throughout the home, including new plumbing, new water heater, water softener, furnace, all new appliances and sink, kitchen countertops, new luxury vinyl plank flooring, new built stairs front entrance to house main level and so much more!Lanesboro offers an abundance of activities such as world class trout fishing, kayaking, biking, canoeing, shopping, local theatre, hotels, and great restaurants. This property includes an additional lot new to the home. Private rear parking for two vehicles and full unfinished basement. Fiberoptic internet.

Last Agent to Sell the Property

John Nelson

RE/MAX Results Listed on: 10/18/2024

RE/MAX Results

Last Buyer's Agent

Brandon Milde

Loam Commercial Real Estate

Loam Commercial Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1880

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 57x116x57x166

Interior Spaces

  • 2,198 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lanesboro Original Subdivision

Listing and Financial Details

  • Assessor Parcel Number 190205000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 2198
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 2198
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bathroom, Bedroom 3, Kitchen, Deck, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • ConstructionMaterialsDesc: Block,Timber/Post & Beam,Stone
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Asphalt, Driveway - Other Surface
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lanesboro
  • SchoolDistrictNumber: 229
  • SchoolDistrictPhone: 507-467-2229

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 57x116x57x166
  • Lot Size Sq Ft: 4965.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 190205000
  • Tax Annual Amount: 2104
  • TaxWithAssessments: 2104.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Feb 24, 2025
Sold by
Leon Michelle and Neuharth Steve
Bought by
River S Retreat Llc
Seller's Agent
John Nelson
RE/MAX Results
Buyer's Agent
Brandon Milde
Loam Commercial Real Estate
List Price
$247,000
Sold Price
$234,000
Premium/Discount to List
-$13,000
-5.26%
Total Days on Market
52
Views
86
Current Estimated Value
$231,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,941
Avg. Annual Appreciation
-2.97%
Original Mortgage
$175,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2024
Closed on
Jan 3, 2025
Sold by
Gibbs Alanna B
Bought by
Leon Michelle and Neuharth Steve
Seller's Agent
John Nelson
RE/MAX Results
Buyer's Agent
Brandon Milde
Loam Commercial Real Estate
List Price
$247,000
Sold Price
$234,000
Premium/Discount to List
-$13,000
-5.26%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2021
Sold by
Tienter Lesa L and Tienter Elliot
Bought by
Gibbs Alanna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 10, 2021
Sold by
Wentworth Kim A
Bought by
Tienter Lesa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 9, 2021
Sold by
Aguilar-Smith Lisa M
Bought by
Norby Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $500 None Listed On Document
Warranty Deed $234,000 Trademark Title Services
Warranty Deed $234,000 Trademark Title Services
Warranty Deed $120,000 None Available
Quit Claim Deed $3,000 None Available
Quit Claim Deed $3,000 None Available
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,500 New Conventional
Previous Owner $100,800 Stand Alone Refi Refinance Of Original Loan
Closed $100,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $234,000 -1.6% $106 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $237,900 -3.7% $108 / Sq Ft
10/18/2024 10/18/24 For Sale $247,000 -- $112 / 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
2024 $2,116 $147,400 $15,600 $131,800
2023 $2,104 $147,400 $15,600 $131,800
2022 $1,750 $145,900 $15,600 $130,300
2021 $1,750 $126,000 $11,000 $115,000
2020 $1,360 $126,000 $11,000 $115,000
2019 $1,156 $93,200 $10,500 $82,700
2018 $950 $93,200 $10,500 $82,700
2017 -- $88,700 $10,500 $78,200
2016 $804 $88,700 $10,500 $78,200
2015 $805 $50,800 $6,601 $44,199
2014 $805 $59,400 $7,032 $52,368
2013 $805 $59,400 $7,032 $52,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6620055

NorthstarMLS

APN: 19.0205.000