NOT LISTED FOR SALE

207 7th Ave S Princeton, MN 55371

Estimated Value: $258,255 - $306,000

4 Beds
2 Baths
2,400 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $210,000 $88 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,790/month

About This Home

As of May 2023

Amazing opportunity to own and up and down duplex in Princeton, close to downtown. Each unit has 2bedrooms, one bath, kitchen and living room. Both units are currently vacant. Each unit has its ownelectric and water meter. Cute covered front porch, 2 car garage. Perfect opportunity to live in oneunit and rent out the other.

Last Agent to Sell the Property

Lisa LaBrant

Fish MLS Realty Listed on: 12/21/2022

Last Buyer's Agent

Maribel Cruz-longley

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 1895

Lot Details

  • 0.28

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Covered Patio or Porch
  • Irregular Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Caters Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, grounds care, snow removal, trash collection, water
  • The owner pays for repairs
  • Assessor Parcel Number 2416000090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,364

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1895
  • Above Grade Finished Sq Ft: 2400
  • Water Sewer Expenses: 2000
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Other, Unfinished
  • Living Area: 2400
  • Owner Pays: Repairs
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 5
  • Shared Rooms: Other

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Covered

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400

Utilities

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

Schools

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

Lot Info

  • Topography: Level
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 5000.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2416000090
  • Tax Annual Amount: 4364
  • TaxWithAssessments: 4364.0000

Multi Family

  • TenantPays: All Utilities, Cable TV, Electricity, Grounds Care, Snow Removal, Trash Collection, Water
  • ElectricExpense: 2400
  • FuelExpense: 1000
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Apr 14, 2023
Sold by
Town & Country Finance Inc
Bought by
Jay & Jo Property Co Llc
Seller's Agent
Lisa LaBrant
Fish MLS Realty
Buyer's Agent
Maribel Cruz-longley
Edina Realty, Inc.
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Views
284
Current Estimated Value
$280,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,814
Avg. Annual Appreciation
14.26%
Original Mortgage
$178,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2022
Closed on
Apr 11, 2023
Sold by
Jay & Jo Property Co Llc
Bought by
Mitchell Cameron Max and Mitchell Mikara
Seller's Agent
Lisa LaBrant
Fish MLS Realty
Buyer's Agent
Maribel Cruz-longley
Edina Realty, Inc.
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Views
284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2022
Sold by
Town & Country Finance Inc
Bought by
Mcquay Tyler

Purchase Details

Closed on
Jul 11, 2022
Sold by
Chapman Todd R and Chapman Mara
Bought by
Mcquay Tyler

Purchase Details

Closed on
Jul 1, 2022
Sold by
Chapman Todd and Chapman Mara
Bought by
Mcquay Tyler

Purchase Details

Closed on
Jul 16, 2014
Sold by
Chapman Patricia A
Bought by
Chapman Todd R
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 Buyer Sale Price Title Company
Jay & Jo Property Co Llc $175,000 None Listed On Document
Mitchell Cameron Max $210,000 North Title Inc
Mcquay Tyler $175,000 --
Mcquay Tyler $175,000 --
Mcquay Tyler $175,000 --
Chapman Todd R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Cameron Max $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $210,000 -16.0% $88 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $249,900 -- $104 / 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
2025 $3,606 $268,500 $50,000 $218,500
2024 $3,708 $255,900 $50,000 $205,900
2023 $4,806 $260,300 $34,000 $226,300
2022 $4,364 $257,200 $34,000 $223,200
2021 $4,062 $197,800 $34,000 $163,800
2020 $4,034 $188,200 $21,200 $167,000
2019 $3,658 $175,100 $21,200 $153,900
2018 $3,458 $156,800 $21,200 $135,600
2017 $3,224 $145,000 $20,600 $124,400
2016 $3,344 $0 $0 $0
2015 $2,808 $0 $0 $0
2014 $2,808 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa LaBrant

    Seller's Agent in 2023

    Lisa LaBrant

    Fish MLS Realty

    (612) 396-0871

    1 in this area

    135 Total Sales

    Lisa LaBrant
    Section Image

  • M

    Buyer's Agent in 2023

    Maribel Cruz-longley

    Edina Realty, Inc.

    (763) 458-5265

    2 in this area

    104 Total Sales

    Maribel Cruz-longley
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6318268

NorthstarMLS

APN: 24-160-0090

Minnesota Mille Lacs County Princeton 55371

207 7th Ave S, Princeton, MN

This home is located at 207 7th Ave S, Princeton, MN 55371 since 21 December 2022 and is currently estimated at $280,814, approximately $117 per square foot. This property was built in 1895. 207 7th Ave S is a home located in Mille Lacs County with nearby schools including Princeton Intermediate School, Princeton Middle School, and Princeton High School.

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