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1225 3rd St

Princeton, MN 55371

3 bd 2 ba 1,688 sqft Built 2004 Lot 7,405 sqft townhomes
Most recent sale
$247,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $247,000 MLS #6175366
Apr 7, 2022 Listed $250,000 MLS #6175366
Dec 1, 2004 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $118,200 $25,000 $143,200 $2,566
2021 $122,900 $20,000 $142,900 $2,508
2020 $122,900 $20,000 $142,900 $2,496
2019 $113,300 $20,000 $133,300 $2,186
2018 $95,500 $20,000 $115,500 $2,248
2017 $96,300 $20,000 $116,300 $2,102
2016 $87,400 $20,000 $107,400 $1,794
2015 $70,000 $20,000 $90,000 $1,826
2014 $70,400 $20,000 $90,400 $1,580
2013 $65,500 $12,000 $77,500 $1,574
2012 $61,700 $12,000 $73,700 $1,558
2011 $61,900 $16,000 $77,900 $1,502
2010 $70,700 $16,000 $86,700 $1,716

Property facts

Year built
2004
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,688 sqft
Lot size
7,405 sqft
ZIP code
55371
City
Princeton
Street
3rd St
Coordinates
45.56713, -93.59138

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
$2,532
Gross rental yield
12.30%
Implied cap rate
8.00%
Trend-extrapolated value

Frequently asked questions

When did 1225 3rd St last sell?
1225 3rd St most recently sold on May 23, 2022 for $247,000.
What is the current tax assessment for 1225 3rd St?
The most recent total assessment for 1225 3rd St (year 2022) is $143,200 with $2,566 in property tax.
How does 1225 3rd St's assessment compare to its last sale price?
The current assessment is 42.0% below the last sale price of $247,000.
When was 1225 3rd St built?
1225 3rd St was built in 2004.
How does 1225 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 1225 3rd St?
1225 3rd St is a 3 bed, 2 bath, 1,688 sqft, 7,405 sqft lot townhomes.
Is 1225 3rd St a flip candidate?
No — 1225 3rd St does not appear in our flips dataset.
Is 1225 3rd St a tax-appeal candidate?
No — 1225 3rd 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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