NOT LISTED FOR SALE

506 7th St N Princeton, MN 55371

Estimated Value: $197,000 - $226,696

3 Beds
2 Baths
1,512 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $190,000 $126 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,365/month

4 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of September 2024

Listing information is deemed reliable but not guaranteed. Buyers agent and buyer to verify all information. Listing agent is in title of of home but has not lived in the home for over 50 years, Home is being sold as is. This home needs updating and work. It will not be sold FHA. The outer structure is solid block and brick home. The bedrooms in the upper level have hardwood floors that have been covered with carpet since the 60's. The carpet is pulled back in the main bedroom and appear to be in solid shape. The brick divider in the living room was once a beautiful planter and was open to sunken sunken living room and original and only owner had a china hutch built on top of it. This home could be turned back into a beautiful home for someone with good handyman skills. Seller will not warrant anything in the home due to the fact that seller has not lived int he home for many years. Home was owned and lived in by seller's mother, who passed away. It was a beautiful home in it's era. There is no lockbox on home but home will be relative easy to show. There is another relative residing on property. No sign on property.

Last Buyer's Agent

James Johnston

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1950

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 148 x 66

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,512 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Breezeway

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Princeton Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 240401750

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,606

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1512
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 32 x24 slab on grade, 31 x 24, slab on basement
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial
  • Living Area: 1512
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Breezeway

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 286

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 148 x 66
  • Lot Size Sq Ft: 9801
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 240401750
  • Tax Annual Amount: 2606
  • TaxWithAssessments: 2606.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 6, 2024
Sold by
Laudon Kimberly
Bought by
Johnson Sara
Buyer's Agent
James Johnston
Edina Realty, Inc.
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Views
20
Current Estimated Value
$213,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,424
Avg. Annual Appreciation
11.59%
Original Mortgage
$189,000
Outstanding Balance
$187,169
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$26,255
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
Johnson Sara $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Sara $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $190,000 -4.5% $126 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $199,000 0.0% $132 / Sq Ft
08/01/2024 08/01/24 Off Market $199,000 -- --
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 $2,794 $218,700 $50,000 $168,700
2024 $3,082 $207,200 $50,000 $157,200
2023 $2,606 $205,500 $34,000 $171,500
2022 $2,270 $190,300 $34,000 $156,300
2021 $1,970 $148,800 $34,000 $114,800
2020 $1,930 $135,400 $17,000 $118,400
2019 $1,660 $126,900 $17,000 $109,900
2018 $1,526 $112,800 $17,000 $95,800
2017 $1,376 $104,900 $16,500 $88,400
2016 $1,282 $0 $0 $0
2015 $1,122 $0 $0 $0
2014 $1,122 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6578890

NorthstarMLS

APN: 24-040-1750