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28716 116th St

Princeton, MN 55371

3 bd 1 ba 1,021 sqft Built 1979 Lot 149,411 sqft single_family
Most recent sale
$215,000
Mar 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 24, 2022 Sold $215,000 MLS #6093571
Mar 18, 2022 Relisted $195,000 MLS #6093571
Dec 16, 2021 Listing removed $195,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $123,305 $109,948 $233,253 $2,000
2023 $126,392 $91,210 $217,602 $1,826
2022 $96,018 $63,923 $159,941 $1,576
2021 $84,112 $49,342 $133,454 $1,422
2020 $84,112 $49,342 $133,454 $1,400
2019 $82,161 $41,919 $124,080 $1,286
2018 $71,327 $39,128 $110,455 $1,258
2017 $63,925 $38,355 $102,280 $1,120
2016 $58,956 $32,969 $91,925 $1,120
2015 $57,100 $32,800 $89,900 $972
2014 $50,300 $26,900 $77,200 $846
2013 $42,600 $25,500 $68,100 $892
2012 $43,300 $28,000 $71,300 $920
2011 $47,100 $31,400 $78,500 $944
2010 $69,300 $56,800 $126,100 $1,008
2009 $85,900 $71,500 $157,400 $1,108
2008 $85,900 $71,500 $157,400 $1,070
2007 $85,900 $70,000 $155,900 $1,004

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,021 sqft
Lot size
149,411 sqft
ZIP code
55371
City
Princeton
Street
116th St
Coordinates
45.49092, -93.56474

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,532
Gross rental yield
8.55%
Implied cap rate
5.56%
Trend-extrapolated value

Frequently asked questions

When did 28716 116th St last sell?
28716 116th St most recently sold on Mar 24, 2022 for $215,000.
What is the current tax assessment for 28716 116th St?
The most recent total assessment for 28716 116th St (year 2025) is $233,253 with $2,000 in property tax.
How does 28716 116th St's assessment compare to its last sale price?
The current assessment is 8.5% above the last sale price of $215,000.
When was 28716 116th St built?
28716 116th St was built in 1979.
How does 28716 116th St compare to others on 116th St?
We track 8 other properties on 116th St. Browse the list under "Other properties on 116th St" to compare beds, baths, and sale history.
What are the property facts for 28716 116th St?
28716 116th St is a 3 bed, 1 bath, 1,021 sqft, 149,411 sqft lot single_family.
Is 28716 116th St a flip candidate?
No — 28716 116th St does not appear in our flips dataset.
Is 28716 116th St a tax-appeal candidate?
No — 28716 116th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$405.8K
2026 Q4
$412.6K
ZIP 55371 — Median Price History + Forecast

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