$245,000
SOLD MAR 26, 2026

520 E 5th St Litchfield, MN 55355

3 Beds
2 Baths
1,566 Sq Ft
17,424 Sq Ft Lot

Sale Details

Date Sold: March 26, 2026

$156 Per Sq Ft

2% Below List Price

191 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of March 2026

Don't miss this well-maintained 3-bedroom, 2-bath rambler with a full basement, offering comfort, space, and convenience! Featuring an attached, sunroom/entryway with a heated and insulated 1-car garage, this home sits on a generous lot with a large backyard—perfect for relaxing, entertaining, or letting pets and kids play. A handy storage shed adds extra space for tools, equipment, or the kids toys. A new central A/C unit was installed summer of 2025 to keep you cool! Enjoy being just minutes from local schools, ball fields, tennis & basketball courts, the brand-new Rec Center, and more! Whether you're looking for a great starter home or a smart investment, this property checks all the boxes. Come see the potential and make it your own!

Last Agent to Sell the Property

Kimberly Olson

RE/MAX Today's Properties Brokerage Phone: 3206938007 Listed on: 08/18/2025

RE/MAX Today's Properties

Co-Listed By

Mark Olson

RE/MAX Today's Properties Brokerage Phone: 3206938007

Last Buyer's Agent

Nicole Dahl

Edina Realty

Edina Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 100x175
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Block Basement Construction
  • Laundry in Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 270174000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,768

Year Built

Built in 1968

Lot Details

0.4 Acres

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1066
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 3206938007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1566
  • Below Grade Finished Sq Ft: 500
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck, Kitchen Window, Main Floor Primary Bedroom, Sun Room, Washer/Dryer Hookup

Schools

  • Junior High Dist: Litchfield
  • SchoolDistrictPhone: 3206932444

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x175
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 270174000
  • Tax Annual Amount: 1768
  • TaxWithAssessments: 1768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2025
Closed on
Mar 26, 2026
Sold by
Knisley and Knisley Kaitlyn
Bought by
Torres Kimberly
Seller's Agent
Kimberly Olson
RE/MAX Today's Properties
Buyer's Agent
Nicole Dahl
Edina Realty
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Views
161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.58%
Original Mortgage
$237,650
Outstanding Balance
$237,650
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$2,249

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 18, 2024
Sold by
Ackerman Lori A and Ackerman Lori A
Bought by
Knisley Leighton and Knisley Kaitlyn
Seller's Agent
Zachary Rogness
RE/MAX Today's Properties
Buyer's Agent
Kimberly Olson
RE/MAX Today's Properties
List Price
$239,000
Sold Price
$227,000
Premium/Discount to List
-$12,000
-5.02%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$222,888
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2018
Sold by
Ackerman Michael C and Ackerman Lori A
Bought by
Ackerman Lori A and Ackerman Michael C

Purchase Details

Closed on
Apr 19, 2013
Sold by
Ackermann Richard D and Ackerman Laurie K
Bought by
Ackerman Richard D and Ackerman Laurie K

Purchase Details

Closed on
May 13, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Ackerman Richard D and Ackerman Laurie K

Purchase Details

Closed on
Jun 28, 2005
Sold by
Carlson Donald E and Carlson Georgia L
Bought by
Herlund Jon E and Herlund Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,600
Interest Rate
8.73%
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 Type Sale Price Title Company
Warranty Deed $245,000 Meeker Title
Deed $113,500 Meeker Title
Deed $113,500 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- Dolan & Besser
Warranty Deed -- --
Warranty Deed -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,650 New Conventional
Previous Owner $222,888 New Conventional
Previous Owner $128,600 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2026 03/26/26 Sold $245,000 0.0% $156 / Sq Ft
03/04/2026 03/04/26 Pending -- -- --
02/06/2026 02/06/26 Price Changed $244,900 -1.6% $156 / Sq Ft
01/08/2026 01/08/26 Price Changed $248,900 -0.4% $159 / Sq Ft
08/25/2025 08/25/25 For Sale $249,900 +10.1% $160 / Sq Ft
07/18/2024 07/18/24 Sold $227,000 +16.1% $145 / Sq Ft View Prior Sale
06/24/2024 06/24/24 Pending -- -- --
06/08/2024 06/08/24 Price Changed $195,500 -18.2% $125 / Sq Ft
05/24/2024 05/24/24 For Sale $239,000 -- $153 / 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
2025 $1,768 $200,500 $43,700 $156,800
2024 $1,768 $162,700 $39,700 $123,000
2023 $1,996 $159,700 $39,700 $120,000
2022 $1,620 $135,100 $33,100 $102,000
2021 $1,658 $106,600 $33,100 $73,500
2020 $1,604 $107,700 $33,100 $74,600
2019 $1,354 $99,000 $33,100 $65,900
2018 $1,348 $95,500 $33,100 $62,400
2017 $1,604 $96,400 $33,100 $63,300
2016 $1,502 $110,600 $31,500 $79,100
2015 $1,742 $0 $0 $0
2014 $1,742 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6774512

NorthstarMLS

APN: 27-0174000

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