$215,000
SOLD DEC 20, 2024

1941 2nd St N Princeton, MN 55371

1.14 Acres
$188,596 Price per Acre
49,658 Sq Ft Lot

Recently Sold

6% Below List Price

569 Days on Market

About This Lot

As of December 2024

Amazing opportunity and location for your next business! Superb exposure to Hwy. 169 and Hwy. 95 for easy advertising and access! Be among established businesses like Walmart, Aldi, Verizon, Advanced Auto Parts, Anytime Fitness, Princeton liquor store, and restaurants! Hurry up and be next!

Last Agent to Sell the Property

Bill Christian

Keller Williams Integrity NW Listed on: 05/02/2023

Keller Williams Integrity NW

Last Buyer's Agent

Bill Christian

Keller Williams Integrity NW Listed on: 05/02/2023

Keller Williams Integrity NW

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 265x189x265x186
  • Cleared Lot
  • Zoning described as Business/Commercial

Community Details

  • No Home Owners Association
  • Rivertown Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 247500160

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Subdivided
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road,Sidewalks,Storm Sewer
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,For Sale Sign

Exterior Features

  • Fencing: None
  • Farm Type: None
  • Soil Type: Clay,Sand

Utilities

  • Utilities: None Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Phone Available, Underground Utilities Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Level,Solar Oriented
  • Lot Size: 265x189x265x186
  • Land Lease: No
  • Lot Features: Cleared
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Crop Type: None

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 247500160
  • Tax Annual Amount: 5876
  • TaxWithAssessments: 5876.0000
  • TaxableAcres: 1.143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Dec 20, 2024
Sold by
Rivertown Investors Llc
Bought by
Rolfes Julie
Seller's Agent
Bill Christian
Keller Williams Integrity NW
Buyer's Agent
Bill Christian
Keller Williams Integrity NW
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Views
170
Current Estimated Value
$224,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,716
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Thousand Acres Development Company
Bought by
Rivertown Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,245
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $215,000 Home Security Abstract & Title
Warranty Deed $215,000 Home Security Abstract & Title
Warranty Deed $220,000 Home Security Abstract & Tit
Warranty Deed -- Home Security Abstract & Tit
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,245 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $215,000 -6.1% --
11/22/2024 11/22/24 Pending -- -- --
11/03/2024 11/03/24 For Sale $229,000 +6.5% --
11/03/2024 11/03/24 Off Market $215,000 -- --
10/03/2023 10/03/23 Price Changed $229,000 -8.4% --
05/02/2023 05/02/23 For Sale $249,900 -- --
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
2025 $5,926 $221,400 $221,400 $0
2024 $5,760 $221,400 $221,400 $0
2023 $5,876 $221,400 $221,400 $0
2022 $6,684 $221,400 $221,400 $0
2021 $6,068 $209,700 $209,700 $0
2020 $6,132 $198,000 $198,000 $0
2019 $7,022 $176,000 $176,000 $0
2018 $7,172 $176,000 $176,000 $0
2017 $7,964 $176,000 $176,000 $0
2016 $8,166 $0 $0 $0
2015 $2,868 $0 $0 $0
2014 $2,868 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6363855

NorthstarMLS

APN: 24-750-0160