Seller's Agent in 2023
Kristen Wuollet
Edina Realty, Inc.
(612) 619-7675
2 in this area
148 Total Sales
4970 70th Ave Loretto, MN 55357
Estimated Value: $403,000 - $528,000
4
Beds
2
Baths
2,413
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- The kitchen features windows
- Sauna
- Sitting Room
- Cul-De-Sac
About This Home
As of March 2023This four-bedroom, two-bathroom home is nestled on beautiful, private, 1.5 acre lot on a cul-de-sac! Home needs work and is being sold as-is. Rambler with three bedrooms on the main level and a basement walkout to patio. The main level also features vaulted ceiling, stainless steel appliances, and full bath with tile surround. Beautiful cedar sauna in basement with a large dressing room and 3/4 bath. Spacious family room in basement in addition to a fourth bedroom. The yard features lots of mature trees, a large deck that walks out from kitchen with steps to the back yard, a gazebo, and a 28’ x 45’ insulated steel roof/wall and concrete floor shop! Attached (to home) one-stall garage, and additional two car stalls in shop. Additional storage shed in back yard. Perfect equity-building opportunity for future owner’s updates and finishing touches! Conveniently located less than 15 minutes from Maple Grove and Plymouth.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,301
Year Built
- Built in 1979
Lot Details
- 1.5 Acre Lot
- Lot Dimensions are 51x422x367x307
- Cul-De-Sac
Parking
- 3 Car Attached Garage
- Insulated Garage
Interior Spaces
- 1-Story Property
- Entrance Foyer
- Family Room
- Sitting Room
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- 200+ Amp Service
- Private Water Source
- Well
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2511924440011
Community Details
Overview
- No Home Owners Association
- Loretto Estates Subdivision
Amenities
- Sauna
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2022
Closed on
Feb 23, 2023
Sold by
Frontierpath Trust
Bought by
Strommen Michael
Seller's Agent
Kristen Wuollet
Edina Realty, Inc.
Buyer's Agent
Wyn Ray
Coldwell Banker Realty
List Price
$425,000
Sold Price
$354,393
Premium/Discount to List
-$70,607
-16.61%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,063
Avg. Annual Appreciation
10.88%
Original Mortgage
$343,761
Outstanding Balance
$335,261
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$123,494
Purchase Details
Closed on
Nov 14, 2022
Sold by
Halonen Stephen P and Halonen Julie A
Bought by
Frontierpath Trust
Purchase Details
Closed on
Jun 5, 2002
Sold by
Halonen Leslie
Bought by
Halonen Stephen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strommen Michael | $354,394 | Edina Realty Title | |
| Frontierpath Trust | $485 | -- | |
| Halonen Stephen | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Strommen Michael | $343,761 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2023 03/01/23 | Sold | $354,393 | +1.3% | $147 / Sq Ft |
| 01/10/2023 01/10/23 | Pending | -- | -- | -- |
| 11/08/2022 11/08/22 | Price Changed | $349,900 | -12.3% | $145 / Sq Ft |
| 10/13/2022 10/13/22 | Price Changed | $399,000 | -6.1% | $165 / Sq Ft |
| 09/23/2022 09/23/22 | For Sale | $425,000 | -- | $176 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2023 | $4,461 | $387,900 | $145,000 | $242,900 |
| 2022 | $4,301 | $340,000 | $105,000 | $235,000 |
| 2021 | $3,574 | $285,000 | $87,000 | $198,000 |
| 2020 | $3,508 | $262,000 | $80,000 | $182,000 |
| 2019 | $3,177 | $254,000 | $77,000 | $177,000 |
| 2018 | $3,266 | $225,000 | $65,000 | $160,000 |
| 2017 | $3,155 | $214,000 | $60,000 | $154,000 |
| 2016 | $3,006 | $199,000 | $60,000 | $139,000 |
| 2015 | $3,106 | $199,000 | $62,000 | $137,000 |
| 2014 | -- | $185,000 | $62,000 | $123,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kristen Wuollet
-
Wyn Ray
Buyer's Agent in 2023
Wyn Ray
Coldwell Banker Burnet
(612) 812-6395
1 in this area
12 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6263684
APN: 25-119-24-44-0011
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