NOT LISTED FOR SALE

5775 Pioneer Trail Loretto, MN 55357

Estimated Value: $938,000 - $1,235,853

4 Beds
3.5 Baths
5,085 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $1,100,000 $216 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,906/month

Highlights

  • Wine Cellar
  • Heated In Ground Pool
  • Family Room with Fireplace
  • Home Theater
  • 858,132 Sq Ft lot
  • No HOA

About This Home

As of October 2022

Luxury retreat on 20 wooded acres. A sprawling 5000+ sq ft walkout rambler overlooks resort like grounds and pool. Formal entry leads to a vaulted open concept living & kitchen, with a pvt dining room. Kitchen has granite work surfaces, eat in island and breakfast area, expansive windows, wrap around deck, and fireplace. Main level owners’ suite has dual walk-in closets and pvt owner’s bath. Two main level bedrooms with jack and jill bath, laundry and powder room. Open stairs lead down to relaxation and entertaining. Flanking a center great room are an exec office, a craft/hobby room, guest bedroom with ¾ bath. Anchored by the billiards area, the great room has a wet bar seating 8 with full kitchen, media viewing area, wine room, and areas for foosball, darts, card table. A wall of glass doors leads to the outdoor pool. In-floor hydronic heat and fireplace keep the ll cozy. Cedar lined storage rooms. 2-story, 3-car, finished garage with tiled dog wash, and an upper level gym.

Last Agent to Sell the Property

Darren Spencer

Lakes Sotheby's International Listed on: 09/22/2022

Lakes Sotheby's International

Last Buyer's Agent

Mark Geier

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,790

Year Built

  • Built in 1994

Lot Details

  • 19.7 Acre Lot
  • Lot Dimensions are 1400 x 616
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Game Room

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Heated In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3611924210008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,790

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private, Well
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 2572
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 5085
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2513
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Informal Dining Room, Laundry, Game Room, Office, Media Room, Wine Cellar
  • SqFtTotal: 5176.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Other Structures: Workshop

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage, Insulated Garage
  • Garage Square Feet: 1008

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hot Tub,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Porch,Satelite Dish,Wet Bar

Schools

  • Junior High Dist: Rockford
  • SchoolDistrictNumber: 883
  • SchoolDistrictPhone: 763-477-9165

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1400 x 616
  • Lot Size Sq Ft: 858132
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3611924210008
  • Tax Annual Amount: 9790
  • TaxWithAssessments: 10473.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 14, 2022
Sold by
Gallagher Paul J and Gallagher Carolyn J
Bought by
Kruse Matthew Joseph and Kruse Kathryn Elizabeth
Seller's Agent
Darren Spencer
Lakes Sotheby's International
Buyer's Agent
Mark Geier
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Current Estimated Value
$1,085,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,287
Avg. Annual Appreciation
-0.30%
Original Mortgage
$800,000
Outstanding Balance
$772,730
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$318,208
Source: Public Records

Range of Values:

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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
Kruse Matthew Joseph $805,882 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruse Matthew Joseph $800,000
Previous Owner Gallagher Paul J $150,000
Previous Owner Gallagher Paul J $80,000
Previous Owner Gallagher Carolyn J $497,000
Previous Owner Gallagher Paul J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $1,100,000 -4.3% $216 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $1,150,000 -- $226 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $10,920 $868,400 $207,000 $661,400
2022 $10,473 $831,000 $210,000 $621,000
2021 $10,015 $682,000 $157,000 $525,000
2020 $10,318 $689,500 $165,500 $524,000
2019 $9,977 $661,500 $148,500 $513,000
2018 $9,251 $611,000 $119,000 $492,000
2017 $8,926 $592,400 $145,400 $447,000
2016 $8,245 $551,400 $145,400 $406,000
2015 $7,146 $470,400 $145,400 $325,000
2014 -- $440,400 $145,400 $295,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6262198

NorthstarMLS

APN: 36-119-24-21-0008