5040 71st Ln N, Loretto, MN 55357
OFF MARKET

$478,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,092 sqft (on 3.99 acres)

5040 71st Ln N, Loretto, MN 55357

Home Value

Trulia Estimate
$479K
Since last month
Decreased$8K (-1.7%)
Since last year
Increased$24K (+5.1%)
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$482K
July 2026$490K
June 2026$489K
May 2026$482K
April 2026$476K
March 2026$466K
February 2026$456K
January 2026$452K
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
0.08
Single-Family Home
$325,000
05/29/26
1
2
920
0.32
Single-Family Home
$940,000
04/03/26
5
3
3,759
0.72
Single-Family Home
$737,500
09/08/25
5
4
3,535
1.00
Single-Family Home
$825,000
03/17/26
4
2.5
4,779
0.86
Single-Family Home
$900,000
03/03/26
4
1.5
2,814
1.26
Single-Family Home
$440,000
10/27/25
3
2
2,148
0.70
Single-Family Home
$1,567,683
12/01/25
5
4
6,500
0.85
Single-Family Home
$825,000
03/20/26
4
4
4,432
1.79
Single-Family Home
$380,000
09/24/25
3
2
1,196
1.03
Single-Family Home
$40,000
12/26/25
1
1
2,269

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
0.07
$399,400
3
2
1,827
Off Market
0.08
$325,000
1
2
920
Recently Sold
0.13
$458,700
4
2
1,981
Off Market
0.14
$514,100
4
2.5
2,430
Off Market
0.17
$349,200
3
3
1,373
Off Market
0.16
$395,500
4
2
2,413
Off Market
0.17
$82,500
-
-
-
Recently Sold
0.18
$416,000
4
2
1,898
Off Market
0.24
-
-
-
-
Off Market
0.22
$517,500
4
2.5
1,958
Off Market
0.23
$562,400
3
2
2,610
Off Market
0.23
$439,900
3
2.5
2,397
For Sale

Local Information

  • Map ViewExplore the area around 5040 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
1982
Lot Size
3.99 acres
Living Area
1,092 sqft
Price/Sqft
$439
Parking
Garage

About this House

This single-family home is located at 5040 71st Ln N, Loretto, MN. 5040 71st Ln N is in Loretto, MN and in ZIP code 55357. This property has 3 bedrooms, 2 bathrooms and approximately 1,092 sqft of floor space. This property has a lot size of 3.99 acres and was built in 1982.
5040 71st Ln N, Loretto, MN 55357 is a 3 bedroom, 2 bathroom, 1,092 sqft single-family home built in 1982. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $478,900, with a rent estimate of $1,982/month.

Home Details for 5040 71st Ln N

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: WallAir ConditioningHeating Fuel: Wall

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Metal
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1982Year Updated: 1989
Property Type / Style
Property Type: Single Family HomeArchitecture: split entry

Community

Units in Building: 1

Lot Information

Lot Area: 3.99 acres

Price and Tax history

YearProperty taxTax assessment
2025
$5,627
$445,100
Home facts updated by county records

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
5
MoM

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

Frequently asked questions about 5040 71st Ln N

  • What is 5040 71st Ln N estimated to be worth?
    Trulia's estimated value for 5040 71st Ln N in Loretto, MN is $478,900.
  • 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.
  • What are the closest schools to 5040 71st Ln N?
    The closest schools to 5040 71st Ln N in Loretto, MN are Rockford Elementary Arts Magnet School (Pre-K, rated 4/10), Rockford High School (rated 8/10), Rockford Middle School (Elementary, rated 6/10).
  • How big is the lot at 5040 71st Ln N?
    The lot at 5040 71st Ln N in Loretto, MN is about 4 acres.
  • Does 5040 71st Ln N have a garage?
    Yes, 5040 71st Ln N in Loretto, MN has a garage.

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