8627 Grace Ln Loretto, MN 55357
Estimated Value: $825,004 - $932,000
5
Beds
2
Baths
2,102
Sq Ft
$415/Sq Ft
Est. Value
About This Home
This home is located at 8627 Grace Ln, Loretto, MN 55357 and is currently estimated at $873,335, approximately $415 per square foot. 8627 Grace Ln is a home located in Hennepin County with nearby schools including Hanover Elementary School, Buffalo Community Middle School, and Buffalo Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2025
Sold by
Merdan Kenneth M and Merdan Bridget A
Bought by
Bridget A Merdan Trust and Merdan
Current Estimated Value
Purchase Details
Closed on
Apr 1, 1998
Sold by
Kreatz Kelly C
Bought by
Merdan Kenneth M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bridget A Merdan Trust | $500 | None Listed On Document | |
| Merdan Kenneth M | $53,000 | -- |
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 | $8,340 | $693,300 | $180,000 | $513,300 |
| 2023 | $8,162 | $695,000 | $172,800 | $522,200 |
| 2022 | $7,394 | $651,000 | $152,000 | $499,000 |
| 2021 | $7,195 | $570,000 | $128,000 | $442,000 |
| 2020 | $7,253 | $543,000 | $112,000 | $431,000 |
| 2019 | $6,710 | $521,000 | $112,000 | $409,000 |
| 2018 | $6,429 | $522,000 | $114,000 | $408,000 |
| 2017 | $6,297 | $477,000 | $108,000 | $369,000 |
| 2016 | $6,005 | $440,000 | $96,000 | $344,000 |
| 2015 | $4,829 | $351,000 | $85,000 | $266,000 |
| 2014 | -- | $334,000 | $85,000 | $249,000 |
Source: Public Records
Map
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