Closed

$252,500

105 Elmwood St E, Lanesboro, MN 55949

3beds

2,468sqft

Single Family Residence

Built in 1900

2,613 Square Feet Lot

$265,800 Zestimate^®

$102/sqft

$1,847 Estimated rent

Home value

$265,800

$250,000 - $284,000

$1,847/mo

Zestimate^® history

Owner options

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$1,847/mo

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$1,847/mo

Rent Zestimate^®

Refinance and save

$1,561/mo

Est. payment

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$1,561/mo

Est. payment

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What's special

Enclosed porchMetal roofWood floorsTriple pane windowsSeparate accessRefinished wood floorsLaundry hook-ups

Updated commercial building located directly across from the Root River Bike Trail in beautiful downtown Lanesboro! Main floor commercial space is ideal for retail or office space; features 12’ ceilings, wood floors, kitchenette, ¾ bath and laundry hook-ups. Second story home/apartment offers separate access, tons of character, original trim, built-ins, 3 bedrooms, refinished wood floors, 9’ ceilings, enclosed porch and triple pane windows. Exterior is maintenance-free with metal roof (2016), restored stucco and a new wood façade. Here's your opportunity to invest in a multi-purpose building for your single family dwelling or commercial business.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
3/4 bathrooms: 2

Bedroom

Level: Upper
Area: 64 Square Feet
Dimensions: 8x8

Bedroom 2

Level: Upper
Area: 117 Square Feet
Dimensions: 9x13

Bedroom 3

Level: Upper
Area: 81 Square Feet
Dimensions: 9x9

Dining room

Level: Upper
Area: 154 Square Feet
Dimensions: 11x14

Laundry

Level: Upper
Area: 45 Square Feet
Dimensions: 5x9

Living room

Level: Upper
Area: 238 Square Feet
Dimensions: 14x17

Heating

Boiler, Hot Water

Cooling

Window Unit(s)

Appliances

Included: Dryer, Range, Refrigerator, Washer, Water Softener Owned

Features

Basement: None
Has fireplace: No

Interior area

Total structure area: 2,468
Total interior livable area: 2,468 sqft
Finished area above ground: 2,468
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached Garage
Garage spaces: 1
Details: Garage Dimensions (18x25)

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Foundation area: 1281
Parcel number: TBD
Zoning description: Business/Commercial,Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Age 8 Years or Less,Metal

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Lanesboro Original

HOA

Has HOA: No

Location

Region: Lanesboro

Financial & listing details

Price per square foot: $102/sqft
Tax assessed value: $113,900
Annual tax amount: $2,436
Date on market: 11/2/2023
Cumulative days on market: 160 days
Road surface type: Paved

Price history

Date	Event	Price
4/30/2024	Sold	$252,500-4.7%$102/sqft
Source: NorthstarMLS as distributed by MLS GRID #6455832 Report a problem
4/8/2024	Pending sale	$265,000$107/sqft
Source: NorthstarMLS as distributed by MLS GRID #6455832 Report a problem
1/2/2024	Price change	$265,000-5.3%$107/sqft
Source: NorthstarMLS as distributed by MLS GRID #6455832 Report a problem
11/2/2023	Listed for sale	$279,900+74.9%$113/sqft
Source: NorthstarMLS as distributed by MLS GRID #6455832 Report a problem
4/8/2020	Sold	$160,000-5.8%$65/sqft
Source: NorthstarMLS as distributed by MLS GRID #5253824 Report a problem
3/5/2020	Pending sale	$169,900$69/sqft
Source: Elcor Realty of Rochester Inc. #5253824 Report a problem
6/26/2019	Listed for sale	$169,900-5.6%$69/sqft
Source: Elcor Realty of Rochester Inc. #5253824 Report a problem
12/19/2018	Listing removed	$180,000$73/sqft
Source: Edina Realty Winona #4084802 Report a problem
8/10/2018	Price change	$180,000-2.7%$73/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4084802 Report a problem
7/12/2018	Price change	$185,000-5.1%$75/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4084802 Report a problem
2/5/2018	Price change	$195,000-6.3%$79/sqft
Source: Property Brokers of Minnesota, Inc. #4084802 Report a problem
12/22/2017	Price change	$208,000-4.6%$84/sqft
Source: Owner Report a problem
12/12/2017	Price change	$218,000+7.4%$88/sqft
Source: Owner Report a problem
11/24/2017	Price change	$203,000-2.4%$82/sqft
Source: Owner Report a problem
10/25/2017	Listed for sale	$208,000$84/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,426 -1.7%	$113,900
2024	$2,468 +3.8%	$113,900
2023	$2,378 -2.4%	$113,900
2022	$2,436 +8.6%	$113,900 -1.3%
2021	$2,244 +1.2%	$115,400 +4.7%
2020	$2,218 +1.4%	$110,200 +6.7%
2019	$2,188 +14.9%	$103,300
2018	$1,904	$103,300 +0.3%
2017	$1,904	$103,000
2016	$1,904	$103,000 +31.2%
2015	$1,904	$78,500
2014	$1,904	$78,500