23710 State Highway 55 Loretto, MN 55357
Estimated Value: $1,756,000
3
Beds
3
Baths
1,582
Sq Ft
$1,110/Sq Ft
Est. Value
About This Home
This home is located at 23710 State Highway 55, Loretto, MN 55357 and is currently priced at $1,756,000, approximately $1,109 per square foot. 23710 State Highway 55 is a home located in Hennepin County with nearby schools including Delano Elementary School, Delano Middle School, and Delano Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2024
Sold by
Mary T Schumacher Revocable Trust and Schumacher Randal E
Bought by
Edwin P Schumacher Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Sep 19, 2012
Sold by
Kuntz David and Kuntz Linda
Bought by
Schumacher Edwin P and Schumacher Mary T
Purchase Details
Closed on
Oct 15, 2004
Sold by
Schumacher Edwin P
Bought by
Olson Christopher and Kintz David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
1%
Mortgage Type
Land Contract Argmt. Of Sale
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edwin P Schumacher Revocable Trust | $500 | None Listed On Document | |
| Schumacher Edwin P | -- | None Available | |
| Olson Christopher | $4,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Olson Christopher | $3,100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $26,616 | $1,627,300 | $1,431,000 | $196,300 |
| 2023 | $23,623 | $1,494,000 | $1,299,000 | $195,000 |
| 2022 | $22,581 | $531,400 | $488,200 | $43,200 |
| 2021 | $19,519 | $481,500 | $455,700 | $25,800 |
| 2020 | $20,565 | $1,201,900 | $1,029,100 | $172,800 |
| 2019 | $21,543 | $567,800 | $541,000 | $26,800 |
| 2018 | $10,944 | $571,000 | $541,000 | $30,000 |
| 2017 | $11,586 | $1,428,000 | $1,266,000 | $162,000 |
| 2016 | $11,755 | $1,412,000 | $1,266,000 | $146,000 |
| 2015 | $9,610 | $1,404,000 | $1,256,000 | $148,000 |
| 2014 | -- | $1,197,000 | $1,133,000 | $64,000 |
Source: Public Records
Map
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