NOT LISTED FOR SALE

106 7th Ave S Princeton, MN 55371

6 Beds
3 Baths
3,168 Sq Ft
1900 Built

Sale Details

Date Sold: July 23, 2024

Last sale price $218,000 $69 Per Sq Ft

21 Days on Market

Highlights

  • Multiple Garages
  • Forced Air Heating System
  • Many Trees

About This Home

As of July 2024

Tri-Plex! Great Investment Property. Cash flow immediately. Off street parking with two double stall garages.

Last Agent to Sell the Property

John Udermann

RE/MAX Results Listed on: 06/17/2024

RE/MAX Results

Last Buyer's Agent

Kelly Sowada

10K Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 107x148
  • Many Trees

Parking

  • 4 Car Garage
  • Multiple Garages

Home Design

  • Triplex
  • Metal Siding

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units
  • Damons Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, electricity
  • The owner pays for insurance, repairs, sewer, taxes, trash collection
  • Assessor Parcel Number 240410450

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3168
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 3168
  • Owner Pays: Insurance, Repairs, Sewer, Taxes, Trash Collection
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Amenities: Porch
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • PatioPorchType: Side Porch,Wrap Around

Garage/Parking

  • Parking Features: Detached, Multiple Garages

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Princeton
  • SchoolDistrictPhone: 763-389-2422

Lot Info

  • Lot Size: 107x148
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding
  • Units Total: 3

Rental Info

  • Expenses: 4299.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 240410450
  • Tax Annual Amount: 6120
  • TaxWithAssessments: 6120.0000

Multi Family

  • TenantPays: All Utilities, Electricity
  • Number Of Refrigerators: Three

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 23, 2024
Sold by
Bought by
Seller's Agent
John Udermann
RE/MAX Results
Buyer's Agent
Kelly Sowada
10K Realty
List Price
$250,000
Sold Price
$218,000
Premium/Discount to List
-$32,000
-12.8%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
0.0686%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
0.0393%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
0.0587%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$218,000 Title Specialists
-- Home Security Abstract Title
$170,000 Home Security Abstract & Tit
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $500,000
Closed $960,000
Closed $396,000
Closed $165,000
Closed $127,000
Closed $136,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $218,000 0.0% $69 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/03/2024 07/03/24 Off Market $218,000 -- --
06/17/2024 06/17/24 For Sale $250,000 -- $79 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,092 $336,400 $50,000 $286,400
2024 $6,120 $320,300 $50,000 $270,300
2023 $6,150 $331,700 $34,000 $297,700
2022 $5,490 $329,400 $34,000 $295,400
2021 $5,392 $249,100 $34,000 $215,100
2020 $5,374 $250,000 $27,600 $222,400
2019 $4,876 $233,400 $27,600 $205,800
2018 $4,622 $209,100 $27,600 $181,500
2017 $4,322 $194,000 $26,800 $167,200
2016 $4,658 $0 $0 $0
2015 $2,632 $0 $0 $0
2014 $2,632 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6554923

NorthstarMLS

APN: 24-041-0450

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