5280 Salem Ln Loretto, MN 55357
Estimated payment $16,138/month
6
Beds
4
Baths
4,506
Sq Ft
64.68
Acres
Highlights
- In Ground Pool
- Multiple Garages
- Family Room with Fireplace
- Hanover Elementary School Rated A-
- 2,817,461 Sq Ft lot
- Bonus Room
About This Home
Dreaming of life on the farm? Secure a piece of paradise in Greenfield! This gorgeous 64-acre parcel with modern farmhouse, swimming pool and outbuildings is a rare opportunity, and the first time offered for sale in over 25 years! Incredible setting, completely private with an unbeatable location, close in country estate with unlimited potential. Luxurious and unmatched quality throughout, you'll enjoy every inch of this country estate.
Rolling acres outlined in trees, the home sits quietly on a heavily wooded homesite with peaceful surrounds and outbuildings.
Unlimited potential to develop down the road or leave just the way it is and farm it. A resort in itself, come bask in the beauty while relaxing in luxury.
Rare opportunity to own a piece of paradise awaits!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,085
Year Built
- Built in 2004
Lot Details
- 64.68 Acre Lot
- Chain Link Fence
- Irregular Lot
- Unpaved Streets
Parking
- 2 Car Attached Garage
- Multiple Garages
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Pitched Roof
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Stone Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Great Room
- Home Office
- Bonus Room
- Home Gym
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Sump Pump
- Drain
- Natural lighting in basement
Eco-Friendly Details
- Electronic Air Cleaner
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- 200+ Amp Service
- Propane
- Private Water Source
- Well
- Septic System
Additional Features
- In Ground Pool
- Tillable Land
- Zoned For Horses
Community Details
- No Home Owners Association
- Double M Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1311924310002
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,141 | $1,104,200 | $537,000 | $567,200 |
| 2022 | $7,644 | $597,000 | $144,000 | $453,000 |
| 2021 | $7,459 | $518,000 | $134,000 | $384,000 |
| 2020 | $7,455 | $880,500 | $450,900 | $429,600 |
| 2019 | $6,757 | $473,200 | $112,500 | $360,700 |
| 2018 | $6,987 | $453,000 | $105,000 | $348,000 |
| 2017 | $6,805 | $822,700 | $464,700 | $358,000 |
| 2016 | $7,014 | $866,900 | $514,900 | $352,000 |
| 2015 | $6,949 | $853,800 | $520,300 | $333,500 |
| 2014 | -- | $789,900 | $464,900 | $325,000 |
Source: Public Records
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | -- | |
| Warranty Deed | $439,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $548,250 | New Conventional | |
| Previous Owner | $721,000 | New Conventional | |
| Previous Owner | $140,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $240,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Home in Loretto, MN
Source: NorthstarMLS
MLS Number: 6624047
APN: 13-119-24-31-0002
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