NOT LISTED FOR SALE

2827 54th Ave Princeton, MN 55371

Estimated Value: $423,000 - $451,359

5 Beds
2.5 Baths
3,042 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $410,000 $135 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,726/month

12 Days on Market

Highlights

  • Deck
  • The kitchen features windows
  • Workroom
  • No HOA
  • 4 Car Attached Garage
  • 1-Story Property

About This Home

As of December 2023

Charming 5 bed, 3 bath home sits on nearly 5 acres on the outskirts of town for ultimate privacy yet convenience to the city of Princeton with several local amenities including restaurants, parks & schools, shopping, 18 hole golf course, farmer's markets & parades and much more! This newly renovated home features all living facilities on the spacious main level with new updates including brand new LVP flooring, recessed lighting, updated wood burning fireplace, fresh paint throughout & new kitchen counters. Kitchen features a bow window bringing in an abundance of natural light. Additional large storage room in the basement provides plenty of extra room.

Last Listed By

Erick Peterson

Keller Williams Integrity NW Listed on: 11/28/2023

Keller Williams Integrity NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 1978

Lot Details

  • 4.65 Acre Lot
  • Lot Dimensions are 658x308x658x306

Parking

  • 4 Car Attached Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Workroom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Water Filtration System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160250901

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,692

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1521
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 3042
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1521
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry, Family Room, Work Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Other Structures: Pole Building
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Insulated Garage
  • Garage Square Feet: 504
  • ParkingOpen: 2

Utilities

  • Heating: Ductless Mini-Split, Dual
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 658x308x658x306
  • Lot Size Sq Ft: 202554
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 160250901
  • Tax Annual Amount: 3692
  • TaxWithAssessments: 3692.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Dec 21, 2023
Sold by
Todd P Lundeen And Margaret P Lundeen Re
Bought by
Magsam Jered and Magsam Amanda
Seller's Agent
Erick Peterson
Keller Williams Integrity NW
Buyer's Agent
Teum Birgani
Keller Williams Realty Integrity Lakes
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Total Days on Market
12
Views
68
Current Estimated Value
$435,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,090
Avg. Annual Appreciation
5.30%
Original Mortgage
$328,000
Outstanding Balance
$324,714
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$115,094

Purchase Details

Listed on
Nov 28, 2023
Closed on
Dec 18, 2023
Sold by
Revocable Trust
Bought by
Magsam Jered and Magsam Amanda
Seller's Agent
Erick Peterson
Keller Williams Integrity NW
Buyer's Agent
Teum Birgani
Keller Williams Realty Integrity Lakes
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$324,714
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$115,094

Purchase Details

Closed on
Jul 26, 2021
Sold by
Lundeen Todd P and Lundeen Margaret P
Bought by
Todd P Lundeen And Margaret P Lundeen Re

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
Magsam Jered $410,000 --
Magsam Jered -- --
Todd P Lundeen And Margaret P Lundeen Re $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magsam Jered $328,000
Closed Revocable Trust $236,000
Previous Owner Lundeen Todd P $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $410,000 +2.5% $135 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $399,900 -- $131 / 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 $3,770 $344,400 $84,900 $259,500
2023 $3,692 $340,600 $56,300 $284,300
2022 $3,338 $333,400 $60,400 $273,000
2021 $2,958 $264,500 $60,400 $204,100
2020 $3,146 $241,700 $48,500 $193,200
2019 $2,918 $241,400 $49,800 $191,600
2018 $2,740 $224,400 $49,800 $174,600
2017 $2,452 $208,800 $45,800 $163,000
2016 $2,366 $0 $0 $0
2015 $2,002 $0 $0 $0
2014 $2,002 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6459551

NorthstarMLS

APN: 16-025-0901