What an opportunity to own a piece of history. Bed & Breakfast/Airbnb opportunity, 10 rooms, 10 bathrooms in historic Peterson, MN. Close to Root River, Root River State Trail, fishing, snowmobiling and so much more. Live in the owners suite and rent out other rooms! All furniture in property is part of sale price. Check out this amazing opportunity to own a piece of history today!
Closed
$270,000
425 Prospect St, Peterson, MN 55962
10beds
5,220sqft
Single Family Residence
Built in 1904
4,965.84 Square Feet Lot
$536,100 Zestimate®
$52/sqft
$2,042 Estimated rent
Home value
$536,100
$509,000 - $563,000
$2,042/mo
Zestimate® history
Owner options
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$2,042/mo
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$2,042/mo
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$1,653/mo
Est. payment
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$1,653/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jill Warner 320-279-3212,
National Realty Guild
Bought with:
Marjorie Weir
National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6453078
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
Bathroom
- Description: Other,Jetted Tub
Dining room
- Description: Separate/Formal Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
- Laundry: In Hall, Laundry Room, Main Level
Features
- Basement: Drainage System,Full
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 5,220
- Total interior livable area: 5,220 sqft
- Finished area above ground: 5,220
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio
- Pool features: None
Lot
- Size: 4,965 sqft
- Dimensions: 78 x 100
Details
- Foundation area: 1663
- Parcel number: 070105000
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Peterson
- Subdivision: Peterson Original
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listing removed | $565,000$108/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7003876 Report a problem | ||
| 3/22/2026 | Price change | $565,000-5.8%$108/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7003876 Report a problem | ||
| 2/17/2026 | Price change | $599,900-12.4%$115/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7003876 Report a problem | ||
| 1/29/2026 | Listed for sale | $685,000+153.7%$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7003876 Report a problem | ||
| 1/31/2024 | Sold | $270,000$52/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem | ||
| 12/19/2023 | Pending sale | $270,000$52/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem | ||
| 11/13/2023 | Price change | $270,000-1.8%$52/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem | ||
| 10/26/2023 | Listed for sale | $275,000+10%$53/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem | ||
| 11/6/2020 | Sold | $250,000$48/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5626884 Report a problem | ||
| 9/26/2020 | Pending sale | $250,000$48/sqft |
Source: RE/MAX Advantage Plus #5626884 Report a problem | ||
| 7/20/2020 | Listed for sale | $250,000-9.1%$48/sqft |
Source: RE/MAX Advantage Plus #5626884 Report a problem | ||
| 5/4/2020 | Listing removed | $275,000$53/sqft |
Source: RE/MAX Advantage Plus #5224990 Report a problem | ||
| 10/29/2019 | Price change | $275,000-8.3%$53/sqft |
Source: RE/MAX Advantage Plus #5224990 Report a problem | ||
| 7/19/2019 | Price change | $299,900-4.8%$57/sqft |
Source: RE/MAX Advantage Plus #5224990 Report a problem | ||
| 5/28/2019 | Price change | $314,900-3.1%$60/sqft |
Source: RE/MAX Advantage Plus #5224990 Report a problem | ||
| 5/10/2019 | Listed for sale | $324,900+47.7%$62/sqft |
Source: RE/MAX Advantage Plus #5224990 Report a problem | ||
| 12/11/2014 | Sold | $220,000-12%$42/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2220069 Report a problem | ||
| 11/18/2014 | Pending sale | $249,900$48/sqft |
Source: Darr Realty #4056418 Report a problem | ||
| 10/17/2014 | Price change | $249,900+11.1%$48/sqft |
Source: Darr Realty #4056418 Report a problem | ||
| 10/15/2014 | Price change | $225,000-10%$43/sqft |
Source: Darr Realty #4056418 Report a problem | ||
| 9/25/2014 | Price change | $249,900-16.7%$48/sqft |
Source: Darr Realty #4056418 Report a problem | ||
| 8/16/2014 | Listed for sale | $299,900-14.2%$57/sqft |
Source: Darr Realty #4056418 Report a problem | ||
| 4/5/2014 | Listing removed | $349,500$67/sqft |
Source: Coldwell Banker Skeels/Moore & Associates #4049380 Report a problem | ||
| 10/22/2013 | Listed for sale | $349,500+22.6%$67/sqft |
Source: Coldwell Banker Skeels/Moore & Associates #4049380 Report a problem | ||
| 7/1/2009 | Sold | $285,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,864 -67% | $235,100 +37% |
| 2024 | $8,673 +45.8% | $171,560 +1.9% |
| 2023 | $5,948 +80.6% | $168,300 -15.6% |
| 2022 | $3,294 -19.7% | $199,400 -12% |
| 2021 | $4,102 +2.6% | $226,500 -8.5% |
| 2020 | $3,998 -4.3% | $247,600 |
| 2019 | $4,176 -7.7% | $247,600 |
| 2018 | $4,526 | $247,600 +27.5% |
| 2017 | $4,526 | $194,200 |
| 2016 | $4,526 | $194,200 +1% |
| 2015 | $4,526 | $192,200 -7% |
| 2014 | $4,526 | $206,600 -23.3% |
| 2013 | $4,526 | $269,300 |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55962
Nearby schools
GreatSchools rating
- 6/10Rushford-Peterson Elementary SchoolGrades: PK-5Distance: 4.5 mi
- 6/10Rushford-Peterson Middle SchoolGrades: 6-8Distance: 4.5 mi
- 7/10Rushford-Peterson Senior High SchoolGrades: 9-12Distance: 4.5 mi
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- Minnesota
- Fillmore County
- Peterson
- 55962
- 425 Prospect St
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