This home includes a perfect private mother-in-law Suite on the main floor with Bedroom, Bath, Dining area & Living room. This Suite could also serve those with mobility needs as some doorways are wheelchair-accessible. Suite is divided by a doorway with access to the rest of the home. The mother in-law suite also has a separate and private exterior access by way of charming wrap-around Porch encompassing both the In-law Suite and the main home. This Porch is perfect for your morning cup of coffee or just relaxing & enjoying the view. The main home includes a generous Kitchen with an abundance of Cabinets, Countertops, Hardwood Floors, Ceramic tile Backsplash; an oversized and rustic country-style back Porch/Mud room with potbelly stove, knotty pine walls & ceiling; full Bath with furniture-style Vanity, ceramic tile Floors & updated fixtures; convenient main floor Laundry with both Closet and Cabinet storage; and a Dining/Living Room. The main home includes two separate staircases to two separate Bedroom suites each with a Bedroom, 3/4 Bath, and large Living area. Attached 4 car tandem-deep Garage, and a separate detached single stall Garage with attached Storage Shed. Large well-manicured lawn conveniently located on Main Street within walking distance to restaurants/shopping/retail. Unfinished basement with a legal egress window provides equity building potential along with loads of storage. Per the City of Princeton, the property has multiple - Residential/Rental/Business (ideal for professional service-type business, bring your ideas for your business). Home has been lovingly cared for with tons of updates over the years. A Definite MUST SEE!!
Closed
$309,500
406 S Rum River Dr, Princeton, MN 55371
3beds
2,968sqft
Single Family Residence
Built in 1920
0.3 Acres Lot
$370,600 Zestimate®
$104/sqft
$3,033 Estimated rent
Home value
$370,600
$330,000 - $415,000
$3,033/mo
Zestimate® history
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$1,937/mo
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Zillow last checked:
Listing updated:
Listed by:
Gary L Luke 763-242-5410,
Luke Team Real Estate
Bought with:
Ryan Garrett
Keller Williams Integrity NW
Molly Garrett
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6796302
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
Bedroom
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Other
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Great room
- Level: Upper
- Area: 266 Square Feet
- Dimensions: 19x14
Kitchen
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Laundry
- Level: Main
- Area: 66 Square Feet
- Dimensions: 11x6
Living room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Living room
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19x14
Office
- Level: Upper
- Area: 64 Square Feet
- Dimensions: 8x8
Sitting room
- Level: Upper
- Area: 135 Square Feet
- Dimensions: 15x9
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Basement: Block,Egress Window(s),Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,968
- Total interior livable area: 2,968 sqft
- Finished area above ground: 2,968
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Attached, Detached Garage
- Attached garage spaces: 5
- Details: Garage Dimensions (34x20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio
Lot
- Size: 0.3 Acres
- Dimensions: 148 x 89
Details
- Additional structures: Garage(s), Storage Shed
- Foundation area: 1484
- Parcel number: 247610060
- Zoning description: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Ross-Mere
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $378,200
- Annual tax amount: $5,312
- Date on market: 10/1/2025
- Cumulative days on market: 308 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Sold | $309,500+3.2%$104/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6796302 Report a problem | ||
| 10/11/2025 | Pending sale | $300,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6796302 Report a problem | ||
| 10/6/2025 | Listing removed | $300,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6796302 Report a problem | ||
| 10/3/2025 | Listed for sale | $300,000-7.4%$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6796302 Report a problem | ||
| 9/20/2025 | Listing removed | $324,000$109/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780887 Report a problem | ||
| 9/5/2025 | Price change | $324,000-1.5%$109/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780887 Report a problem | ||
| 8/30/2025 | Listed for sale | $329,000$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780887 Report a problem | ||
| 8/30/2025 | Listing removed | $329,000$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632747 Report a problem | ||
| 6/12/2025 | Price change | $329,000-5.7%$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632747 Report a problem | ||
| 5/9/2025 | Price change | $349,000-3%$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632747 Report a problem | ||
| 4/15/2025 | Price change | $359,900-5.3%$121/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632747 Report a problem | ||
| 2/19/2025 | Price change | $379,900-4.5%$128/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632747 Report a problem | ||
| 1/27/2025 | Price change | $397,900-0.5%$134/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632747 Report a problem | ||
| 11/20/2024 | Listed for sale | $399,900$135/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6632747 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,312 -3.7% | $378,200 +5.6% |
| 2024 | $5,514 -0.2% | $358,300 -3.7% |
| 2023 | $5,524 +15.9% | $372,000 +0.9% |
| 2022 | $4,768 -2.1% | $368,600 +32.5% |
| 2021 | $4,872 +2.2% | $278,100 -3.6% |
| 2020 | $4,766 +14.7% | $288,600 +8% |
| 2019 | $4,154 +7.8% | $267,300 +14% |
| 2018 | $3,852 +9.6% | $234,400 +8.5% |
| 2017 | $3,516 +5.1% | $216,000 |
| 2016 | $3,344 +28.3% | -- |
| 2015 | $2,606 | -- |
| 2014 | $2,606 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55371
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Nearby schools
GreatSchools rating
- 7/10Princeton Intermediate SchoolGrades: 3-5Distance: 0.9 mi
- 6/10Princeton Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Princeton Senior High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$370,600
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Estimated market value
$370,600
- Minnesota
- Mille Lacs County
- Princeton
- 55371
- 406 S Rum River Dr
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