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    • $270,000

    425 Prospect St, Peterson, MN 55962

    10beds
    5,220sqft
    Single Family Residence
    Built in 1904
    4,965 Square Feet Lot
    $534,100 Zestimate®
    $52/sqft
    $2,042 Estimated rent

    Home value

    $534,100

    $507,000 - $561,000

    $2,042/mo

    Zestimate® history
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    What's special

    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!

    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#: 6453078MLS Logo

    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 Square Feet
    • 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 & HOA

    Community
    • Subdivision: Peterson Original
    HOA
    • Has HOA: No
    Location
    • Region: Peterson

    Financial & listing details

    • Price per square foot: $52/sqft
    • Tax assessed value: $235,100
    • Annual tax amount: $3,294
    • Date on market: 10/26/2023
    • Cumulative days on market: 111 days

    Price history

    DateEventPrice
    6/24/2026Listing removed$565,000$108/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7003876 Report a problem
    3/22/2026Price change$565,000-5.8%$108/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7003876 Report a problem
    2/17/2026Price change$599,900-12.4%$115/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7003876 Report a problem
    1/29/2026Listed for sale$685,000+153.7%$131/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7003876 Report a problem
    1/31/2024Sold$270,000$52/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem
    12/19/2023Pending sale$270,000$52/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem
    11/13/2023Price change$270,000-1.8%$52/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem
    10/26/2023Listed for sale$275,000+10%$53/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6453078 Report a problem
    11/6/2020Sold$250,000$48/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5626884 Report a problem
    9/26/2020Pending sale$250,000$48/sqft
    Source: RE/MAX Advantage Plus #5626884 Report a problem
    7/20/2020Listed for sale$250,000-9.1%$48/sqft
    Source: RE/MAX Advantage Plus #5626884 Report a problem
    5/4/2020Listing removed$275,000$53/sqft
    Source: RE/MAX Advantage Plus #5224990 Report a problem
    10/29/2019Price change$275,000-8.3%$53/sqft
    Source: RE/MAX Advantage Plus #5224990 Report a problem
    7/19/2019Price change$299,900-4.8%$57/sqft
    Source: RE/MAX Advantage Plus #5224990 Report a problem
    5/28/2019Price change$314,900-3.1%$60/sqft
    Source: RE/MAX Advantage Plus #5224990 Report a problem
    5/10/2019Listed for sale$324,900+47.7%$62/sqft
    Source: RE/MAX Advantage Plus #5224990 Report a problem
    12/11/2014Sold$220,000-12%$42/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2220069 Report a problem
    11/18/2014Pending sale$249,900$48/sqft
    Source: Darr Realty #4056418 Report a problem
    10/17/2014Price change$249,900+11.1%$48/sqft
    Source: Darr Realty #4056418 Report a problem
    10/15/2014Price change$225,000-10%$43/sqft
    Source: Darr Realty #4056418 Report a problem
    9/25/2014Price change$249,900-16.7%$48/sqft
    Source: Darr Realty #4056418 Report a problem
    8/16/2014Listed for sale$299,900-14.2%$57/sqft
    Source: Darr Realty #4056418 Report a problem
    4/5/2014Listing removed$349,500$67/sqft
    Source: Coldwell Banker Skeels/Moore & Associates #4049380 Report a problem
    10/22/2013Listed for sale$349,500+22.6%$67/sqft
    Source: Coldwell Banker Skeels/Moore & Associates #4049380 Report a problem
    7/1/2009Sold$285,000$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

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