5055 71st Lane, Loretto, MN 55357
Property image
Property image
OFF MARKET

5055 71st Lane
Loretto, MN 55357

  • 3 Beds
  • 2 Baths
  • 1,827 sqft (on 1.23 acres)

$397,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,491/mo*

$397,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,491/mo*
3 Beds
2 Baths
1,827 sqft
(on 1.23 acres)

Home Value

Trulia Estimate
$397K
Since last month
$0 (0%)
Since last year
Increased$27K (+7%)
Since last sale
Increased$276K (+212%)
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 +13% in the last 10 years
MonthEstimated value
2026
August 2026$406K
July 2026$406K
June 2026$406K
May 2026$403K
April 2026$404K
March 2026$395K
February 2026$383K
January 2026$369K
2025

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
0.09
Single-Family Home
$325,000
05/29/26
1
2
920
0.39
Single-Family Home
$940,000
04/03/26
5
3
3,759
1.29
Single-Family Home
$440,000
10/27/25
3
2
2,148
0.66
Single-Family Home
$737,500
09/08/25
5
4
3,535
0.81
Single-Family Home
$900,000
03/03/26
4
1.5
2,814
0.93
Single-Family Home
$825,000
03/17/26
4
2.5
4,779
1.59
Single-Family Home
$375,000
12/08/25
5
2
2,708
1.68
Single-Family Home
$416,000
11/24/25
4
3
2,164
0.63
Single-Family Home
$1,567,683
12/01/25
5
4
6,500
0.91
Single-Family Home
$825,000
03/20/26
4
4
4,432

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
0.09
$325,000
1
2
920
Recently Sold
0.11
$457,200
4
2
1,981
Off Market
0.11
$395,500
4
2
2,413
Off Market
0.15
$82,500
-
-
-
Recently Sold
0.16
$515,800
4
2.5
2,430
Off Market
0.16
$526,000
4
2.5
1,958
Off Market
0.17
$556,700
3
2
2,610
Off Market
0.19
$439,900
3
2.5
2,397
For Sale
0.21
$416,300
4
2
1,898
Off Market
0.22
$349,700
3
3
1,373
Off Market
0.21
$515,100
4
2
2,402
Off Market

Local Information

  • Map ViewExplore the area around 5055 71st Lane.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1980
Lot Size
1.23 acres
Living Area
1,827 sqft
Price/Sqft
$217
Parking
2 Car Garage
HOA
None

About this House

PRICE CUT! OPPORTUNITY KNOCKS! ON THIS SPLIT ENTRY HOME SITUATED ON A 1.2 AC LEVEL LOT BACKING WETLAND. THIS SPLIT ENTRY HOME WITH FINISHED LOWER LEVEL, BECKONS YOUR PAINTING TALENTS. THE SOUTH-FACING DECK AND PATIO DOORS FILL THE HOME WITH SUNSHINE.
5055 71st Lane, Loretto, MN 55357 is a 3 bedroom, 2 bathroom, 1,827 sqft single-family home built in 1980. It last sold for $130,000 on Dec 19, 2012 (2% below the $132,000 asking price). It is currently off market. The Trulia Estimate is $397,100, with a rent estimate of $2,500/month.
Last check for updates: about 6 hours ago
Listed by Mark D Hebert, (612) 961-4996
RE/MAX Results
Bought with: Daniel D Boman, (612) 801-8925, Counselor Realty, Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1959222

Home Details for 5055 71st Lane

Interior Features

Interior Details
Basement: Full,FinishedNumber of Rooms: 7Types of Rooms: Bedroom, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1827 Square Feet
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Deck
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
Road Frontage: City Street
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 982 Square FeetFinished Area (below surface): 845 Square Feet

Days on Market

Cumulative Days on Market: 61

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Fiber Board
Property Information
Condition: Previously OwnedParcel Number: 2511924420019

Price & Status

Price
List Price: $132,000
Status Change & Dates
Off Market Date: Mon Nov 05 2012

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Greenfield
School Information
High School District: Rockford #883

HOA

No HOA

Lot Information

Lot Area: 1.23 Acres

Listing Info

Special Conditions: Real Estate Owned

Offer

Listing Terms: FHA

Miscellaneous

BasementMls Number: 1959222Above Grade Unfinished Area: 982

Price and Tax history

DateEventPrice
Dec 19, 2012
Source: Lake Superior Area Realtors as distributed by MLS GRID #1959222
Sold
$130,000

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

Based on information submitted to the MLS GRID as of 2026-08-18 12:22:17 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

Frequently asked questions about 5055 71st Lane

  • What is 5055 71st Lane estimated to be worth?
    Trulia's estimated value for 5055 71st Lane in Loretto, MN is $397,100.
  • What is the price history for 5055 71st Lane?
    5055 71st Lane in Loretto, MN last sold for $130,000 in December 2012.
  • 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 5055 71st Lane have air conditioning?
    Yes, 5055 71st Lane in Loretto, MN has air conditioning.
  • How big is the lot at 5055 71st Lane?
    The lot at 5055 71st Lane in Loretto, MN is about 1.2 acres.

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