4985 71st Ln N, Loretto, MN 55357
Property image
Property image
SOLD
MAY 29, 2026

4985 71st Ln N
Loretto, MN 55357

  • 1 Bed
  • 2 Baths
  • 920 sqft (on 1.14 acres)

$325,000

Last Sold: May 29, 2026
18% over list $275K
$353/sqft
Est. Refi. Payment $2,053/mo*
Refinance Your Home

$325,000

Last Sold: May 29, 2026
18% over list $275K
$353/sqft
Est. Refi. Payment $2,053/mo*
Refinance Your Home
1 Bed
2 Baths
920 sqft
(on 1.14 acres)

Home Value

Trulia Estimate
$327K
Since last month
Decreased$1K (-0.4%)
Since last year
Increased$45K (+15.8%)
Since last sale
Increased$300 (+0.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +91% in the last 10 years
MonthEstimated value
2026
August 2026$325K
July 2026$327K
June 2026$325K
May 2026$276K
April 2026$279K
March 2026$277K
February 2026$274K
January 2026$269K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7455 Fern Ct, Loretto, MN
0.38
Single-Family Home
$940,000
04/03/26
5
3
3,759
7625 Xenia St, Loretto, MN
1.35
Single-Family Home
$440,000
10/27/25
3
2
2,148
6520 Belle St, Loretto, MN
0.67
Single-Family Home
$737,500
09/08/25
5
4
3,535
5470 Town Hall Dr, Loretto, MN
0.89
Single-Family Home
$900,000
03/03/26
4
1.5
2,814
5135 Country Cir, Loretto, MN
0.96
Single-Family Home
$825,000
03/17/26
4
2.5
4,779
5420 Lake Sarah Heights Dr, Loretto, MN
1.65
Single-Family Home
$375,000
12/08/25
5
2
2,708

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
70th Ave N, Loretto, MN 55357
0.09
$82,500
-
-
-
Recently Sold
4970 70th Ave, Loretto, MN 55357
0.10
$395,500
4
2
2,413
Off Market
5055 71st Lane, Loretto, MN 55357
0.09
$397,100
3
2
1,827
Off Market
4925 70th Ave, Loretto, MN 55357
0.18
$515,100
4
2
2,402
Off Market
4969 70th Avenue, Loretto, MN 55357
0.18
$526,000
4
2.5
1,958
Off Market
5105 71st Ln, Loretto, MN 55357
0.19
$457,200
4
2
1,981
Off Market
5160 69th Lane, Loretto, MN 55357
0.25
$556,700
3
2
2,610
Off Market
4950 Pioneer Trl, Loretto, MN 55357
0.28
$374,500
3
1
1,196
Off Market
6970 Belle St, Loretto, MN 55357
0.28
$560,600
5
3
3,016
Off Market
5165 71st Lane, Loretto, MN 55357
0.22
$515,800
4
2.5
2,430
Off Market
7260 Pioneer Trl, Loretto, MN 55357
0.25
$351,200
3
3
1,373
Off Market

Local Information

  • Map ViewExplore the area around 4985 71st Ln N.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1985
Lot Size
1.14 acres
Living Area
920 sqft
Price/Sqft
$353/sqft
Parking
Garage
HOA
None

About this House

Situated on over an acre of beautiful property, this one-of-a-kind home offers a layout and style that stands out in all the right ways. The main home features an updated 1 bedroom (could easily be 2 beds with an addition of 1 wall), 1 bathroom design with a warm, inviting feel and a screened porch perfect for relaxing and enjoying the peaceful surroundings. What really makes this property special is the breezeway that connects the home to an oversized 2-car garage—topped with a full living quarters above. This additional space includes its own bathroom, kitchen, vaulted ceilings, and laundry setup, making it ideal for guests, extended family, or even a private retreat. Recent updates include fresh paint, new flooring, modern light fixtures, and brand-new appliances—so you can move right in and start enjoying everything this property has to offer.
Homes like this don’t come around often, especially in this price range. If you appreciate character, flexibility, and a setting that gives you room to breathe, this could be the perfect fit. Details include: 1.14 acres, septic is certified and ready, 1bed home (easily could be 2 as it was prior), 2 baths total with one full in home and one 3/4 above garage in finished living space.
4985 71st Ln N, Loretto, MN 55357 is a 1 bedroom, 2 bathroom, 920 sqft single-family home built in 1985. It last sold for $325,000 on May 29, 2026 (18% above the $274,900 asking price). It is currently off market. The Trulia Estimate is $326,800, with a rent estimate of $1,598/month.

Home Details for 4985 71st Ln N

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 7Types of Rooms: Bedroom, Foyer, Garage, Kitchen, Laundry, Living Room, Screened Porch
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 920 Square FeetFoundation Area: 920
Appliances & Utilities
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener OwnedDishwasherDryerLaundry: Laundry RoomRefrigeratorWasher
Heating & Cooling
Heating: Ductless Mini-SplitHas CoolingAir Conditioning: Ductless Mini-SplitHas HeatingHeating Fuel: Ductless Mini Split
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Other
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Patio
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (26x26)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage,Gravel,Heated Garage
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic System Compliant - Yes
Surface & Elevation
Topography: Gently Rolling, Level
Finished Area
Finished Area (above surface): 920 Square Feet

Days on Market

Cumulative Days on Market: 11

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 2511924410008

Price & Status

Price
List Price: $274,900Price Per Sqft: $353/sqft
Status Change & Dates
Off Market Date: Tue May 12 2026

Location

Direction & Address
City: GreenfieldCommunity: Loretto Estates
School Information
High School District: Rockford

Building

Building Area
Building Area: 920 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.14 Acres

Offer

Contingencies: None

Miscellaneous

Mls Number: 7065755Above Grade Unfinished Area: 920
Last check for updates: about 12 hours ago
Listed by The Derrick Monroe Group, (612) 282-7653
Lakes Area Realty G.V.
Bought with: Butcher Real Estate Team, (952) 212-2374, Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID, MLS#7065755

Price and Tax history

DateEventPrice
May 29, 2026
Source: NorthstarMLS as distributed by MLS GRID #7065755
Sold
$325,000
May 12, 2026
Source: NorthstarMLS as distributed by MLS GRID #7065755
Pending
$274,900
May 1, 2026
Source: NorthstarMLS as distributed by MLS GRID #7065755
Listed For Sale
$274,900

Market trends in Greenfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
5MoM
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Around this home

What Locals Say about Greenfield

At least 8 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 83 % Say car is needed

  • 80 % Say it's dog friendly

  • 75 % Say it's quiet

  • 69 % Say kids play outside

  • 67 % Say people would walk alone at night

  • 67 % Say yards are well-kept

  • 65 % Say neighbors are friendly

  • 64 % Say there's holiday spirit

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there's wildlife

  • 25 % Say streets are well-lit

  • 20 % Say there are community events

  • 20 % Say there are sidewalks

  • 11 % Say it's walkable to restaurants

  • 10 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 4985 71st Ln N

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Off Market Homes Near 4985 71st Ln N

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Frequently asked questions about 4985 71st Ln N

  • What is 4985 71st Ln N estimated to be worth?
    Trulia's estimated value for 4985 71st Ln N in Loretto, MN is $326,800.
  • What is the price history for 4985 71st Ln N?
    4985 71st Ln N in Loretto, MN last sold for $325,000 in May 2026.
  • Is Loretto a buyer's or seller's market?
    Loretto is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Loretto?
    Residents describe Loretto, MN as easy to park in, dog-friendly, and quiet. Most residents say you need a car. See recently sold homes in Loretto, MN.
  • Does 4985 71st Ln N have air conditioning?
    Yes, 4985 71st Ln N in Loretto, MN has air conditioning.
  • Does 4985 71st Ln N have laundry facilities?
    Yes, 4985 71st Ln N in Loretto, MN has in-unit laundry.
Based on information submitted to the MLS GRID as of 2026-08-17 05:23:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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