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1402 1st St

Princeton, MN 55371

5 bd 2 ba 2,368 sqft Built 1929 Lot 26,572 sqft multi_family
Most recent sale
$190,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2023 Sold $264,600 NorthstarMLS
Apr 15, 2022 Sold $190,000 MLS #6076768
Nov 9, 2021 Price changed $199,900 MLS #6076768
Aug 6, 2021 Listed $234,000 MLS #6076768
Feb 3, 2009 Sold $80,000 Public Record
Nov 1, 2006 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $221,200 $34,700 $255,900 $4,782
2022 $162,500 $34,700 $197,200 $4,350
2021 $166,400 $34,600 $201,000 $4,338
2020 $166,400 $34,600 $201,000 $4,342
2019 $153,900 $34,600 $188,500 $3,942
2018 $134,400 $34,600 $169,000 $3,748
2017 $123,700 $33,600 $157,300 $3,532
2016 $112,700 $33,600 $146,300 $3,634
2015 $117,600 $30,100 $147,700 $3,660
2014 $116,800 $30,100 $146,900 $2,312
2013 $83,300 $30,100 $113,400 $2,332
2012 $79,100 $30,100 $109,200 $2,294
2011 $79,700 $35,000 $114,700 $2,182
2010 $91,100 $35,000 $126,100 $2,206

Property facts

Year built
1929
Property type
multi_family
Stories
1
Beds
5
Baths
2
Living area
2,368 sqft
Lot size
26,572 sqft
ZIP code
55371
City
Princeton
Street
1st St
Coordinates
45.57025, -93.59388

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1402 1st St last sell?
1402 1st St most recently sold on Apr 15, 2022 for $190,000.
What is the current tax assessment for 1402 1st St?
The most recent total assessment for 1402 1st St (year 2023) is $255,900 with $4,782 in property tax.
How does 1402 1st St's assessment compare to its last sale price?
The current assessment is 34.7% above the last sale price of $190,000.
When was 1402 1st St built?
1402 1st St was built in 1929.
How does 1402 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 1402 1st St?
1402 1st St is a 5 bed, 2 bath, 2,368 sqft, 26,572 sqft lot multi_family.
Is 1402 1st St a flip candidate?
Yes — 1402 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1402 1st St a tax-appeal candidate?
No — 1402 1st 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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