8700 Grace Ln Loretto, MN 55357
Estimated payment $5,407/month
Highlights
- No HOA
- 3 Car Attached Garage
- Forced Air Heating and Cooling System
- Hanover Elementary School Rated A
- 1-Story Property
- Combination Dining and Living Room
About This Home
Charming rambler set on nearly 5 private acres at the end of a quiet cul-de-sac, offering exceptional privacy and peaceful views. Enjoy the sunroom with fireplace overlooking the expansive yard - perfect for relaxing or entertaining. Major updates include new roof and A/C (2024), new upper-level windows, sliding basement doors, porch screens, and refinished hardwood floors (2025), new gutters (2023), and paved driveway (2022–2023). Additional updates include water filtration system, well tank and pump (2022), granite countertops, appliances (2019), and furnace (2018). Beautifully maintained grounds feature thoughtful landscaping and a custom pondless waterfall, creating a serene outdoor setting. Ample space for outdoor living, recreation, or future outbuilding.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,306
Year Built
- Built in 2002
Parking
- 3 Car Attached Garage
Home Design
- Pitched Roof
Interior Spaces
- 1-Story Property
- Stone Fireplace
- Gas Fireplace
- Family Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
Utilities
- Forced Air Heating and Cooling System
- Propane
- Well
Community Details
- No Home Owners Association
- Kara Marie Emerald Pines Prese Subdivision
Listing and Financial Details
- Assessor Parcel Number 1311924420009
Map
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 |
|---|---|---|---|---|
| 2024 | $9,306 | $763,400 | $225,000 | $538,400 |
| 2023 | $9,228 | $766,100 | $216,000 | $550,100 |
| 2022 | $7,975 | $699,000 | $190,000 | $509,000 |
| 2021 | $7,831 | $608,000 | $160,000 | $448,000 |
| 2020 | $7,852 | $574,000 | $133,000 | $441,000 |
| 2019 | $6,991 | $557,000 | $133,000 | $424,000 |
| 2018 | $6,738 | $540,000 | $136,000 | $404,000 |
| 2017 | $6,522 | $494,000 | $128,000 | $366,000 |
| 2016 | $6,059 | $444,000 | $114,000 | $330,000 |
| 2015 | $5,764 | $413,000 | $101,000 | $312,000 |
| 2014 | -- | $368,000 | $101,000 | $267,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $859,900 | -- | $194 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $595,000 | Watermark Title Agency | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $525,653 | -- | |
| Warranty Deed | $111,240 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $505,750 | Closed End Mortgage |
Source: NorthstarMLS
MLS Number: 7040754
APN: 13-119-24-42-0009
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Ask me questions while you tour the home.