NOT LISTED FOR SALE

1109 17th St N Princeton, MN 55371

Estimated Value: $265,000 - $314,211

4 Beds
2 Baths
2,016 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $250,000 $124 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,925/month

7 Days on Market

Highlights

  • No HOA
  • Porch
  • Living Room
  • The kitchen features windows
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Introducing a prime investment opportunity in a great Princeton community! This home is perfect for those looking to maximize profit through a purchase, rehab, and resale strategy. Please note, this property would not qualify for traditional FHA or VA financing.As you step into this residence, you'll immediately recognize its potential. The interior is a blank canvas in need of modernization, offering an ideal setup for a profitable renovation. The carpets needs replacement as there is a noticeable pet order in them, and the walls are in need of a fresh coat of paint.The 3-season porch is currently unfinished, but could easily be transformed into a cozy retreat, adding significant value to the home. Additionally, minor gutter repair is required on the front elevation. This home's future market value is promising. Couple this with a generous re-sale margin, and you have an investment that is hard to overlook.

Last Agent to Sell the Property

Frank D'Angelo

Exit Realty Nexus Listed on: 05/01/2024

Exit Realty Nexus

Last Buyer's Agent

Beth Petersen Randall

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 2000

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 108x156

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space
  • Basement Window Egress

Additional Features

  • Air Exchanger
  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Oak Field First Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246350170

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,550

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 1056
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 2016
  • Below Grade Finished Sq Ft: 960
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Three Season Porch, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 640
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Natural Woodwork,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Princeton
  • SchoolDistrictNumber: 477
  • SchoolDistrictPhone: 763-389-2422

Lot Info

  • Topography: Level
  • PropertyAttachedYN: No
  • Lot Size: 108x156
  • Lot Size Sq Ft: 16857.72
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 246350170
  • Tax Annual Amount: 4550
  • TaxWithAssessments: 4550.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 31, 2024
Sold by
The Estate Of Sharon M Turner
Bought by
Hoffman Grant
Seller's Agent
Frank D'Angelo
Exit Realty Nexus
Buyer's Agent
Beth Petersen Randall
eXp Realty
List Price
$250,000
Sold Price
$250,000
Views
99
Current Estimated Value
$282,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,303
Avg. Annual Appreciation
9.88%
Original Mortgage
$242,500
Outstanding Balance
$240,498
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$39,952

Purchase Details

Closed on
Dec 19, 2014
Sold by
Leukam John
Bought by
Turner Sharon and Turner Douglas

Purchase Details

Listed on
Jan 27, 2012
Closed on
Apr 30, 2012
Sold by
Leukum John
Bought by
Turner Doug and Turner Sharon
Seller's Agent
Daniel Thompson
RE/MAX Results
Buyer's Agent
Daniel Thompson
RE/MAX Results
List Price
$130,000
Sold Price
$130,850
Premium/Discount to List
$850
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%

Purchase Details

Listed on
Mar 10, 2011
Closed on
Jan 26, 2012
Sold by
Erickson Becky L
Bought by
Leukam John
Seller's Agent
Patty Lundgren
Fremont Real Estate Co.
Buyer's Agent
Daniel Thompson
RE/MAX Results
List Price
$1,115,000
Sold Price
$110,000
Premium/Discount to List
-$1,005,000
-90.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.95%

Purchase Details

Closed on
May 12, 2006
Sold by
Ellingson Keith M and Kirk Andrea J
Bought by
Erickson Becky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,980
Interest Rate
6.56%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoffman Grant $250,000 --
Turner Sharon -- Realstar Title
Turner Doug $100,850 Home Title Inc
Leukam John $110,000 Home Security Abstract & Tit
Erickson Becky L $204,900 Home Security Abstract & Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Grant $242,500
Previous Owner Turner Sharon $106,249
Previous Owner Erickson Becky L $40,980
Previous Owner Erickson Becky L $163,920
Previous Owner Ellington Keith M $53,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $250,000 0.0% $124 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $250,000 +91.1% $124 / Sq Ft
04/30/2012 04/30/12 Sold $130,850 +19.0% $65 / Sq Ft
01/27/2012 01/27/12 Sold $110,000 -15.4% $55 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $130,000 -88.3% $64 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
03/10/2011 03/10/11 For Sale $1,115,000 -- $553 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,638 $297,900 $50,000 $247,900
2023 $4,550 $309,700 $34,000 $275,700
2022 $3,912 $309,000 $34,000 $275,000
2021 $3,842 $233,800 $34,000 $199,800
2020 $3,768 $234,300 $29,300 $205,000
2019 $3,302 $217,900 $29,300 $188,600
2018 $3,056 $192,900 $29,300 $163,600
2017 $2,804 $178,000 $28,400 $149,600
2016 $2,650 $0 $0 $0
2015 $2,194 $0 $0 $0
2014 $2,194 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6528687

NorthstarMLS

APN: 24-635-0170