Sold / Closed
$325,000

Sold price · Closed May 29, 2026

$299/sqft

Loretto Estates

4985 71st Lane, Greenfield, MN, 55357
1  Bedrooms2  Bathrooms920  Square Feet1.14  Acres
Days on market11
Year built1985
Garage spaces2
TypeResidential
Est. $5,247buyer credit when you buy with SODL

About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1985
LevelsOne
Living area920 sqft
Above-grade finished920 sqft
Below-grade finished0 sqft
Lot size1.14 acres (140x365)
Days on market11
ListedMay 1, 2026
MLS #NST7065755
CountyHennepin
SubdivisionLoretto Estates
Parcel #2511924410008

Facts & features

Interior

Bedrooms
1
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Ductless Mini-Split
Cooling
Ductless Mini-Split
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
2 spaces · 26x26 · 677 sqft
Parking features
Detached Garage, Gravel, Heated Garage
Patio & porch
Patio
Exterior features
Shakes, Vinyl
Lot size
1.14 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Slab · 920 sqft
Roof
Asphalt
Year built
1985

Utilities

Water
Well
Sewer
Septic System Compliant - Yes
Fuel
Other
Electric
Circuit Breakers

Community & HOA

Subdivision
Loretto Estates
HOA
No HOA
School district
883 - Rockford
High school district
Rockford

Financial & listing details

Annual tax
$3,809 (2025)
Tax with assessments
0
Listed
May 1, 2026
Days on market
11
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementNone
HeatingDuctless Mini-Split
CoolingDuctless Mini-Split
LaundryLaundry Room
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
DiningInformal Dining Room, Kitchen/Dining Room
AmenitiesCeiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Skylight, Tile Floors, Washer/Dryer Hookup
AccessibilityNone
Special featuresAll Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorShakes, Vinyl
RoofAsphalt
FoundationSlab
Foundation area920 sqft
Patio/porchPatio
Lot featuresTree Coverage - Medium
Road frontageCity Street, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceWell
SewerSeptic System Compliant - Yes
FuelOther

Parking & garage

ParkingDetached Garage, Gravel, Heated Garage
Garage spaces2
Garage size677 sqft

Financial details

Annual taxes$3,809
Tax year2025
Taxes w/ assessments0
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District883 - Rockford
District number883
District phone7634779165
High schoolRockford
SODL flat fee brokerage
$5,247Estimated buyer credit
SODL platform fee $3,000Your buyer credit $5,247

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,854/mo
Principal & interest$1,445
Property taxes$317
Home insurance (est.)$92
%
$54,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

4985 71st Lane, Greenfield, MN, 55357

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Listing information

MLS #NST7065755
StatusClosed
Last updatedJun 1, 2026, 12:34 PM
Originally listedMay 1, 2026, 10:24 AM
Listing officeLakes Area Realty G.V.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.