NOT LISTED FOR SALE

1506 Alpha Rd Princeton, MN 55371

Estimated Value: $339,000 - $438,000

3 Beds
3 Baths
2,492 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $164,000 $66 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,285/month

120 Days on Market

Highlights

  • 4.05 Acre Lot
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • Workshop

About This Home

As of June 2013

This home is located at 1506 Alpha Rd, Princeton, MN 55371 since 26 February 2013 and is currently estimated at $380,824, approximately $152 per square foot. This property was built in 1976. 1506 Alpha Rd is a home located in Mille Lacs County with nearby schools including Princeton Intermediate School, Princeton Primary School, and Princeton Middle School.

Last Agent to Sell the Property

Sheila Sabas

AAA-RIT, Inc. Listed on: 02/26/2013

Last Buyer's Agent

Lisa Nephew

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • 1976

Lot Details

  • 4.05 Acre Lot
  • Lot Dimensions are 1070x165
  • Property fronts a county road
  • Irregular Lot
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Workshop

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 5 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Private Water Source

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 160344500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel, Patio, Porch
  • Estimated Number of Acres: 4.05
  • Estimated Wooded Acres: 3
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1092
  • Parcel Number: 160344500
  • Potential Short Sale: Yes
  • Stories: 2 Story
  • Street Designation: Road
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 15x15, On Level: Main
  • Room 2: Dining Room, 10x11, On Level: Main
  • Room 3: Family Room, 155x21, On Level: Lower
  • Room 4: Kitchen, 10x12, On Level: Main
  • Room 5: Bedroom, 13x16, On Level: Upper
  • Room 6: Bedroom, 11x13, On Level: Main
  • Room 7: 12x12, On Level: Main
  • Room 9: Deck, 12x16, On Level: Main
  • Room 10: Den/Office, 110x12, On Level: Lower
  • Room 11: Laundry Room, 8x10, On Level: Main
  • Room 12: Loft, 10x16, On Level: Upper
  • Room 13: Patio, 14x16, On Level: Lower
  • Room 14: 3 Season Porch, 14x15, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1592
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 2492

Exterior Features

  • Frontage Road: County
  • Exterior: Block, Brick, Wood
  • Out Buildings: Workshop
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 5

Utilities

  • Cooling: Wall
  • Fuel: Propane - Tank Owned, Wood
  • Heat: Fireplace, Forced Air, Wood Stove
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 1070x165
  • Lot/Land Description: Irregular Lot, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2013
Closed on
Jun 26, 2013
Sold by
Rieck Sara
Bought by
Rudeen Darren and Rudeen Erin M
Seller's Agent
Sheila Sabas
AAA-RIT, Inc.
Buyer's Agent
Lisa Nephew
Edina Realty, Inc.
List Price
$186,500
Sold Price
$164,000
Premium/Discount to List
-$22,500
-12.06%
Current Estimated Value
$380,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,824
Avg. Annual Appreciation
7.06%
Original Mortgage
$129,000
Outstanding Balance
$93,842
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$286,982

Purchase Details

Closed on
Jun 18, 2009
Sold by
Hoffelt Andrea and Hoffelt Zakary
Bought by
Rieck Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,233
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2006
Sold by
Hoffelt Andrea and Hoffelt Zakary
Bought by
Hoffelt Andrea and Rieck Sara

Purchase Details

Closed on
May 31, 2006
Sold by
Opskar Erling and Opskar Betty J
Bought by
Hoffelt Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.83%
Mortgage Type
New Conventional
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
Rudeen Darren $164,000 Title Support Services Inc
Rieck Sara -- Tradition Title & Real Estat
Hoffelt Andrea -- Wright Title Guarantee Co
Hoffelt Andrea $229,000 Home Security Abstract & Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudeen Darren $129,000
Previous Owner Rieck Sara $211,233
Previous Owner Hoffelt Andrea $183,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2013 06/26/13 Sold $164,000 -12.1% $66 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $186,500 -- $75 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $3,500 $307,300 $99,100 $208,200
2024 $3,462 $315,200 $79,500 $235,700
2023 $3,416 $315,200 $55,100 $260,100
2022 $2,982 $310,800 $57,100 $253,700
2021 $2,630 $239,500 $57,100 $182,400
2020 $2,848 $218,200 $46,600 $171,600
2019 $2,636 $221,300 $47,300 $174,000
2018 $2,470 $205,800 $47,300 $158,500
2017 $2,204 $191,400 $43,500 $147,900
2016 $2,126 $0 $0 $0
2015 $1,920 $0 $0 $0
2014 $1,920 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4443260

REALTOR® Association of Southern Minnesota

APN: 16-034-4500