NOT LISTED FOR SALE

1402 1st St Princeton, MN 55371

Estimated Value: $254,000 - $308,000

5 Beds
2 Baths
2,368 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $264,600 $112 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,843/month

22 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of April 2023

Side x Side Duplex. Property has completely rebuilt garage (Quonset style). The currently vancant east side unit is completely remodeled 3 bed 1 bath. Estimated future rent around $1,300 monthly. West side unit is occupied and paying $700 monthly. Video recording walk-through of west unit is available upon request. 1st showings for vacant east unit only. Separate electric. East unit has new furnace and AC. New kitchen cabinets and appliances. New LVP flooring throughout. No carpet for future landlords to replace. Seperate fenced yards for tenants with dogs. Current tenant is month to month lease and considering moving, which would allow for updating/remodel and rent increase.

Last Agent to Sell the Property

Daniel Kruger

Right Move Realty Listed on: 02/15/2023

Last Buyer's Agent

Artemisa Boston

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 190x139x190x139

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,368 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 240323000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,350

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1929
  • Above Grade Finished Sq Ft: 2368
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Living Area: 2368
  • Basement YN: No
  • Appliances: Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 9
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Gravel, Concrete
  • Garage Square Feet: 744

Utilities

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

Schools

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

Lot Info

  • Lot Size: 190x139x190x139
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 1200.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 240323000
  • Tax Annual Amount: 4350
  • TaxWithAssessments: 4350.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 19, 2023
Sold by
Kruger Daniel and Kruger Kendra
Bought by
Escamilla Gustavo and Mayorga-Rosa Karla
Seller's Agent
Daniel Kruger
Right Move Realty
Buyer's Agent
Artemisa Boston
eXp Realty
List Price
$260,000
Sold Price
$264,600
Premium/Discount to List
$4,600
1.77%
Current Estimated Value
$282,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,657
Avg. Annual Appreciation
2.75%
Original Mortgage
$259,807
Outstanding Balance
$253,019
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$29,238

Purchase Details

Closed on
Mar 17, 2009
Sold by
Mcbroom Eric and Mcbroom Kelsey L
Bought by
Mcpatson Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
4.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2009
Sold by
Johnson Nina M
Bought by
Mcbroom Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
4.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 11, 2008
Sold by
Johnson Nina M
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Nov 15, 2006
Sold by
Hofman Brad and Hofman Kathleen A
Bought by
Johnson Nina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $264,600 +1.8% $112 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/03/2023 03/03/23 Price Changed $260,000 0.0% $110 / Sq Ft
03/03/2023 03/03/23 For Sale $260,000 -3.7% $110 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $270,000 -- $114 / 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 $3,800 $256,300 $50,700 $205,600
2023 $4,782 $260,100 $34,700 $225,400
2022 $4,350 $255,900 $34,700 $221,200
2021 $4,338 $197,200 $34,700 $162,500
2020 $4,342 $201,000 $34,600 $166,400
2019 $3,942 $188,500 $34,600 $153,900
2018 $3,748 $169,000 $34,600 $134,400
2017 $3,532 $157,300 $33,600 $123,700
2016 $3,634 $0 $0 $0
2015 $2,182 $0 $0 $0
2014 $2,182 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6332052

NorthstarMLS

APN: 24-032-3000