NOT LISTED FOR SALE

7475 74th Ave Loretto, MN 55357

Estimated Value: $1,666,000 - $1,735,000

Studio
-- Bath
-- Sq Ft
344,124 Sq Ft Lot

About This Home

This home is located at 7475 74th Ave, Loretto, MN 55357 and is currently estimated at $1,691,905. 7475 74th Ave is a home located in Hennepin County with nearby schools including Rockford Elementary Arts Magnet School, Rockford Middle School - Center for Environmental Studies, and Rockford High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2025
Sold by
Peyton Chase Thomas and Peyton Rachel Elaine
Bought by
Jacob Allen Melchert Revocable Living Trust and Melchert
Current Estimated Value
$1,691,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,341,000
Outstanding Balance
$1,341,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$350,905

Purchase Details

Closed on
Nov 3, 2022
Sold by
Dsv Development Inc
Bought by
Peyton Chase Thomas and Peyton Rachel Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Jacob Allen Melchert Revocable Living Trust $1,700,000 Burnet Title
Peyton Chase Thomas $230,000 Watermark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Allen Melchert Revocable Living Trust $1,341,000
Previous Owner Peyton Chase Thomas $172,500
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
2024 $3,304 $235,000 $235,000 --
2023 $3,159 $225,000 $225,000 --
2022 $810 $0 $0 $0
Source: Public Records

Map

Minnesota Hennepin County Loretto 55357

7475 74th Ave, Loretto, MN

Not Listed for Sale

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