Assumable mortgage opportunity on this corner-lot rambler in Princeton, MN. This beautifully maintained home features original hardwood floors, classic built-ins, and abundant storage. The updated kitchen offers ample cabinetry and an informal dining area. A finished basement adds flexible living space with a spacious recreation room, dedicated laundry and utility areas, and a fourth bedroom that could also serve as a home office or gym. Enjoy an attached garage and a private fenced outdoor area for entertaining, bonfires, and pets. Located near historic downtown Princeton, local schools, parks, shopping, and dining, this charming rambler combines character, convenience, and versatile living spaces. Ask for details about the assumable mortgage!
Active
$320,000
505 4th St S, Princeton, MN 55371
4beds
2,654sqft
Single Family
Built in 1963
8,712 Square Feet Lot
$319,900 Zestimate®
$121/sqft
$-- HOA
What's special
Original hardwood floorsPrivate fenced outdoor areaClassic built-insAttached garageAbundant storageFourth bedroomFinished basement
- 7 days
- 436
- 16
Zillow last checked:
Listing updated:
Listed by:
Tamara Joy 763-900-7121,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7153792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 150 Square Feet
- Dimensions: 12.5x12
Bedroom 2
- Level: Main
- Area: 138 Square Feet
- Dimensions: 12x11.5
Bedroom 3
- Level: Main
- Area: 138 Square Feet
- Dimensions: 12x11.5
Bedroom 4
- Level: Lower
- Area: 196 Square Feet
- Dimensions: 14x14
Dining room
- Level: Main
- Area: 114 Square Feet
- Dimensions: 12x9.5
Family room
- Level: Lower
- Area: 644 Square Feet
- Dimensions: 46x14
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Living room
- Level: Main
- Area: 308 Square Feet
- Dimensions: 22x14
Other
- Level: Lower
- Area: 260 Square Feet
- Dimensions: 26x10
Heating
- Boiler, Hot Water
Cooling
- Ductless Mini-Split, Window Unit(s)
Appliances
- Included: Cooktop, Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
- Laundry: In Basement
Features
- Basement: Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 2,654 sqft
- Finished area above ground: 1,500
- Finished area below ground: 1,154
Property
Parking
- Total spaces: 2
- Parking features: Attached, Gravel, Heated Garage, Insulated Garage
- Attached garage spaces: 2
- Details: Garage Dimensions (25x22)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: Wood
Lot
- Size: 8,712 Square Feet
- Dimensions: 155 x 70
- Features: Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 1500
- Parcel number: 247610140
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Circuit Breakers
- 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: $121/sqft
- Tax assessed value: $289,800
- Annual tax amount: $4,086
- Date on market: 10/1/2026
- Cumulative days on market: 49 days
Estimated market value
$319,900
$304,000 - $336,000
$2,342/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $320,000-3%$121/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7153792 Report a problem | ||
| 10/1/2026 | Listing removed | $330,000$124/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7124747 Report a problem | ||
| 8/21/2026 | Listed for sale | $330,000+22.3%$124/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7124747 Report a problem | ||
| 10/22/2021 | Sold | $269,900$102/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6098594 Report a problem | ||
| 9/21/2021 | Pending sale | $269,900$102/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6098594 Report a problem | ||
| 9/10/2021 | Listed for sale | $269,9000%$102/sqft |
Source:  Edina Realty #6098594 Report a problem | ||
| 8/26/2021 | Listing removed | -- |
Source: Edina Realty Report a problem | ||
| 8/23/2021 | Price change | $270,000-5.3%$102/sqft |
Source: Edina Realty #6013903 Report a problem | ||
| 8/18/2021 | Price change | $285,000-5%$107/sqft |
Source: Edina Realty #6013903 Report a problem | ||
| 8/14/2021 | Listed for sale | $300,000+76.5%$113/sqft |
Source: Edina Realty #6013903 Report a problem | ||
| 7/9/2018 | Sold | $170,000-2.8%$64/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4944277 Report a problem | ||
| 6/14/2018 | Listed for sale | $174,900$66/sqft |
Source: Princeton Realty #4944277 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,934 -0.2% | $289,800 +5.2% |
| 2024 | $3,942 -1% | $275,600 +0.3% |
| 2023 | $3,980 +15.5% | $274,800 +0.2% |
| 2022 | $3,446 +10.4% | $274,200 +30.7% |
| 2021 | $3,122 +2.4% | $209,800 +6.9% |
| 2020 | $3,050 +15.9% | $196,200 +7.6% |
| 2019 | $2,632 +8.9% | $182,400 +13.9% |
| 2018 | $2,418 +10.3% | $160,200 +8.6% |
| 2017 | $2,192 +5.8% | $147,500 |
| 2016 | $2,072 +20.3% | -- |
| 2015 | $1,722 | -- |
| 2014 | $1,722 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55371
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