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  • $225,000

    403 3rd St S, Princeton, MN 55371

    2beds
    1,084sqft
    : 
    $1,489/mo
    Get pre-qualified
    Single Family
    Built in 1926
    4,900 Square Feet Lot
    $222,700 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    New water heater
    This is a spacious 2 bedroom and one full bathroom newly remodeled home located in a nice neighborhood, on a small city lot, in downtown Princeton, MN. This is a 24’ x 36’ stucco home with a detached 16’ x 20’ wood sided garage. Roof shingles were replaced in 2023. There is a new 6’ x 6’ treated deck leading into a 6’ x 16’ enclosed porch on the front of the house. All main floor rooms have new laminate plank or luxury vinyl flooring. All plumbing, heating, and electrical have been updated and new energy efficient vinyl windows installed. There is a 24’ x 24’ partial basement with electric washer and dryer, new natural gas high efficiency 96+ furnace and new water heater installed in 2025, and plenty of space for expansion for a bedroom, family room, and craft area. There is existing roughed-in plumbing for a bathroom. Located just two blocks from the central intersection of Rum River Drive and 1st Street in Princeton a short distance from the Rum River, local golf course, parks, bike trails, library, gym, banks, barber shop and beauty salons, dentist and optical practices, convenience stores/gas stations, and many eating venues. Great investment property or starter home.
    10 days
    |
    510
    |
    16
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan P Minerick 888-400-2513,

    homecoin.com

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7117502MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 2
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bathroom
      • Level: Main
      • Area: 45 Square Feet
      • Dimensions: 5x9
      Dining room
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 10x13
      Foyer
      • Level: Lower
      • Area: 36 Square Feet
      • Dimensions: 6x6
      Kitchen
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8x10
      Living room
      • Level: Main
      • Area: 221 Square Feet
      • Dimensions: 13x17
      Porch
      • Level: Main
      • Area: 84 Square Feet
      • Dimensions: 6x14
      Heating
      • Forced Air
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
      • Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
      Features
      • Basement: Block,Crawl Space,Daylight,Partial,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,084
      • Total interior livable area: 1,084 sqft
      • Finished area above ground: 1,084
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage, Asphalt
      • Garage spaces: 1
      • Carport spaces: 1
      • Details: Garage Dimensions (16x20), Garage Door Height (7), Garage Door Width (9)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 4,900 Square Feet
      • Dimensions: 68 x 74
      • Features: Tree Coverage - Light
      Details
      • Additional structures: Garage(s)
      • Foundation area: 948
      • Parcel number: 240410750
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Block, Frame
      • Roof: Age 8 Years or Less,Asphalt
      Condition
      • New construction: No
      • Year built: 1926

      Utilities & green energy

      • Electric: Circuit Breakers, 150 Amp Service, Power Company: Princeton Public Utilities
      • Gas: Electric, Natural Gas
      • Sewer: City Sewer - In Street
      • Water: City Water - In Street

      Community & HOA

      Community
      • Subdivision: Damons Add
      HOA
      • Has HOA: No
      Location
      • Region: Princeton

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $186,800
      • Annual tax amount: $2,826
      • Date on market: 7/31/2026
      • Road surface type: Paved

        Estimated market value

        $222,700

        $212,000 - $234,000

        $1,714/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$225,000+87.5%$208/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7117502 Report a problem
        2/6/2024Sold$120,000-14.2%$111/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6459069 Report a problem
        2/1/2024Pending sale$139,900$129/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6459069 Report a problem
        12/8/2023Listed for sale$139,900$129/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6459069 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,326 -0.6%$186,800 +4.4%
        2024$2,340 -0.3%$179,000 +1.9%
        2023$2,346 +15.2%$175,700 +0.7%
        2022$2,036 +29.7%$174,400 +27.6%
        2021$1,570 +3.7%$136,700 +19.6%
        2020$1,514 +19.4%$114,300 +7.4%
        2019$1,268 +10.8%$106,400 +13.6%
        2018$1,144 +13.5%$93,700 +8.2%
        2017$1,008 +6.8%$86,600
        2016$944 +4%--
        2015$908 --
        2014$908 --
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55371

        Getting around

        52 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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