23710 State Highway 55 Loretto, MN 55357
Corcoran AreaEstimated payment $12,822/month
Highlights
- No HOA
- Zoned For Horses
- Wood Fence
- Delano Elementary School Rated A
About This Lot
Old World Charm Meets New World Tech! Long term lease in place with Solar company on back 40 acres until fall of 2042. There is the possibility for 2, 5-year extensions to the lease term. Generous annual lease payment. 25 tillable acres, outbuildings and lovely 3 Bedroom 1 1/2 Bath Ranch style home all can provide additional rental income. Home business opportunity for construction company needing extra space? Solid 2 story barn could make wonderful destination event center.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 6124144705 Listed on: 04/30/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $35,565
Lot Details
- Wood Fence
- Irregular Lot
- Few Trees
Additional Features
- Tillable Land
- Zoned For Horses
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 3111923320001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $35,565 | $1,847,500 | $1,648,500 | $199,000 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Sale | $1,825,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Contract Of Sale | $4,100,000 | -- |
Source: NorthstarMLS
MLS Number: 7046548
APN: 31-119-23-32-0001
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
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Ask me questions while you tour the home.