NOT LISTED FOR SALE

4632 County Road 19 Loretto, MN 55357

Estimated Value: $549,679 - $768,000

48.06 Acres
$13,617 Price per Acre
2,093,494 Sq Ft Lot

Last Sold October 31, 2024

Last sale price $1,100,000 $725 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $3,848/month

113 Days on Market

Highlights

  • Home fronts a creek
  • No HOA
  • Greenbelt
  • Delano Elementary School Rated A
  • Zoned For Horses

About This Lot

As of October 2024

Beautiful diverse acreage in Medina near Loretto. First time available. Nearly 50 acres with 30 acres of tillable (hay and beans), 5 acres of pasture and fenced turnout areas and 10 acres of maple basswood forest with a beautiful flowing creek. The property also boasts a 1935 bungalow with a mother-in-law suite upstairs, several small out-buildings and a 1950's reconstructed two-story gorgeous barn. Lower floor of barn could house many animal stalls, upper floor is vaulted and vacant. There are several amazing sites for a new walk-out home, especially the woods to the south with the flowing creek in your backyard. Adjacent to the property is a county paved trail; walk to Loretto for dinner or head south to Baker Park Reserve. The property is enrolled in Green Acres. Delano Schools. Do not enter the property without an appointment. Ask the listing broker about development rights. PID: 0611823130002.

Last Agent to Sell the Property

Rose Lorsung

Recreate Real Estate LLC Listed on: 04/09/2024

Last Buyer's Agent

Rose Lorsung

Recreate Real Estate LLC Listed on: 04/09/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,374

Lot Details

  • Lot Dimensions are 1700x1300
  • Home fronts a creek

Additional Features

  • Tillable Land
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Greenbelt

Property Details

Property Type

Land

Est. Annual Taxes

$3,374

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Unnamed
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,For Sale Sign

Exterior Features

  • Other Structures: Additional Garage, Barn(s), Lean-To, Other, Storage Shed
  • LakeChain: N
  • Farm Type: Crop,Hobby,Horse

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Private Well Connected, Cable Available, Electricity Available, Natural Gas Available, Private Well Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Delano
  • SchoolDistrictPhone: 763-972-3365

Lot Info

  • Topography: Gently Rolling,Pasture,Wooded
  • Waterfront YN: Yes
  • Lot Size: 1700x1300
  • Land Lease: No
  • Lot Features: Green Acres, Suitable for Horses, Tillable
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Crop Type: Beans

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 3374
  • TaxWithAssessments: 3374.0000
  • TaxableAcres: 48.060

Multi Family

  • WaterfrontFeatures: Creek/Stream

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Oct 31, 2024
Sold by
Lighthouse Ventures Lllp
Bought by
Durai Karunakaran and Kamalasegaran Roshamithra
Seller's Agent
Rose Lorsung
Recreate Real Estate LLC
Buyer's Agent
Rose Lorsung
Recreate Real Estate LLC
List Price
$1,149,900
Sold Price
$1,100,000
Premium/Discount to List
-$49,900
-4.34%
Views
12
Current Estimated Value
$654,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$445,580
Avg. Annual Appreciation
-31.36%
Original Mortgage
$400,000
Outstanding Balance
$296,621
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$357,799
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durai Karunakaran $550,000 Midland Title
Durai Karunakaran $550,000 None Listed On Document
Durai Karunakaran $550,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durai Karunakaran $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $1,100,000 0.0% $725 / Sq Ft
10/31/2024 10/31/24 Sold $1,100,000 -4.3% $725 / Sq Ft View Prior Sale
07/31/2024 07/31/24 Pending -- -- --
07/31/2024 07/31/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $1,149,900 0.0% $758 / Sq Ft
07/20/2024 07/20/24 For Sale $1,149,900 +4.5% $758 / Sq Ft
07/05/2024 07/05/24 Off Market $1,100,000 -- --
07/05/2024 07/05/24 Off Market $1,100,000 -- --
06/24/2024 06/24/24 For Sale $1,149,900 0.0% $758 / Sq Ft
06/24/2024 06/24/24 For Sale $1,149,900 +4.5% $758 / Sq Ft
06/11/2024 06/11/24 Off Market $1,100,000 -- --
06/11/2024 06/11/24 Off Market $1,100,000 -- --
06/10/2024 06/10/24 Price Changed $1,149,900 0.0% $758 / Sq Ft
06/10/2024 06/10/24 Price Changed $1,149,900 -8.0% $758 / Sq Ft
04/09/2024 04/09/24 For Sale $1,249,900 0.0% $823 / Sq Ft
04/09/2024 04/09/24 For Sale $1,249,900 -- $823 / Sq Ft
Source: NorthstarMLS

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 $4,208 $678,700 $452,400 $226,300
2023 $3,235 $571,200 $410,800 $160,400
2022 $3,158 $274,000 $123,000 $151,000
2021 $3,083 $228,000 $98,000 $130,000
2020 $3,206 $460,300 $325,100 $135,200
2019 $3,398 $219,500 $93,000 $126,500
2018 $3,670 $207,000 $93,000 $114,000
2017 $3,820 $494,800 $371,800 $123,000
2016 $4,117 $523,900 $412,900 $111,000
2015 $3,148 $521,000 $409,600 $111,400
2014 -- $464,700 $365,200 $99,500
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6512236

NorthstarMLS

APN: 06-118-23-13-0002

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