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505 6th St

Princeton, MN 55371

1 bd 1 ba 570 sqft Built 1900 Lot 9,540 sqft single_family
Most recent sale
$59,900
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $59,900 MLS #6196763
May 16, 2022 Listed $59,900 MLS #6196763

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $34,300 $50,000 $84,300 $1,284
2025 $32,800 $50,000 $82,800 $1,286
2023 $27,400 $34,000 $61,400 $942
2022 $20,500 $34,000 $54,500 $986
2021 $21,100 $16,500 $37,600 $668
2020 $21,100 $16,500 $37,600 $686
2019 $19,700 $16,500 $36,200 $634
2018 $16,900 $16,500 $33,400 $614
2017 $15,700 $16,000 $31,700 $600
2016 $14,600 $16,000 $30,600 $566
2015 $14,000 $14,300 $28,300 $572
2014 $14,000 $14,300 $28,300 $528
2013 $11,600 $14,300 $25,900 $546
2012 $11,200 $14,300 $25,500 $560
2011 $11,400 $16,600 $28,000 $514
2010 $13,000 $16,600 $29,600 $532

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
570 sqft
Lot size
9,540 sqft
ZIP code
55371
City
Princeton
Street
6th St
Coordinates
45.56278, -93.58098

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
$359
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 505 6th St last sell?
505 6th St most recently sold on Aug 12, 2022 for $59,900.
What is the current tax assessment for 505 6th St?
The most recent total assessment for 505 6th St (year 2026) is $84,300 with $1,284 in property tax.
How does 505 6th St's assessment compare to its last sale price?
The current assessment is 40.7% above the last sale price of $59,900.
When was 505 6th St built?
505 6th St was built in 1900.
How does 505 6th St compare to others on 6th St?
We track 8 other properties on 6th St. Browse the list under "Other properties on 6th St" to compare beds, baths, and sale history.
What are the property facts for 505 6th St?
505 6th St is a 1 bed, 1 bath, 570 sqft, 9,540 sqft lot single_family.
Is 505 6th St a flip candidate?
No — 505 6th St does not appear in our flips dataset.
Is 505 6th St a tax-appeal candidate?
Yes — 505 6th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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