new - 4 days on rocket

1505 16th Ave N, Princeton, MN, 55371

$224,900

Home List Price

$2,671*

Closing Credit

2 Bedrooms
1 Full Bath
993 SqFt
$226/SqFt
Townhouse

Location

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1505 16th Ave N, Princeton$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached Garage
Attached Garage2 spaces
Year Built2020
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6636322
StatusActive

About 1505 16th Ave N

Priced to Sell – Why Rent When You Can Own? Discover the benefits of main-level living with this charming, move-in-ready home—free from association dues! Featuring an open-concept design, this property offers a spacious living room with vaulted ceilings, stainless steel appliances, and a 2-car garage. The well-thought-out layout includes 2 bedrooms, a full bathroom, and a convenient laundry area, all crafted with quality finishes that buyers will appreciate. Perfectly situated near shops, schools, restaurants, and more, this home is ideal for first-time buyers, down-sizers, or investors seeking to expand their rental portfolio. Don’t miss this opportunity—schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Living Area: 993 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 169 N to Rum River Dr. SE to 17th St. North, west to 16th Ave N

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $2,418
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Princeton, MN.

Med. Sold Price

$345K

Med. Price/SqFt

$195

Avg. Days On Market

88

# of Sold Homes

10

1505 16th Ave N vs Princeton

4 DAYS ON ROCKET

-84 Days

$224,900

-$120.1K Less

$226/SqFt

+$31 More

KEY TAKEAWAY

This property is $120.1K less than the Median Sold Price and $31/SqFt more than other homes in Princeton, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6636322

Listing Office:

  • Office Name: Keller Williams Classic Realty

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Last updated on: 12/17/2024, 11:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2021Home Sold
$199,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,418$154,500
2020$460$137,800
2019$560$20,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4262082
5
/10
  • Princeton North Elementary

  • 1202 7th Ave N

  • 0.81 miles

  • Public District Grades 3-5

school-card-donut-4262083
7
/10
  • Westwood Elementary School

  • 13651 4th Ave S

  • 10.24 miles

  • Public District Grades 3-5

school-card-donut-4262084
6
/10
  • Milaca Elementary School

  • 500 Highway 23 W

  • 11.61 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,016. The most common annual income of people living in Princeton, MN is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1505 16th Ave N

What is the listing price of this property?

The listing price of 1505 16th Ave N property is $224,900.

What type of property is this?

The property 1505 16th Ave N is a townhouse located in Princeton, Minnesota, 55371.

Is this property for sale now?

Active Listing: 1505 16th Ave N is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,418 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 2021 for $199,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1505 16th Ave N has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1505 16th Ave N is 993 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 16th Ave N is 2020.

Rocket HomesMinnesotaMille Lacs CountyPrinceton553711505 16th Ave N

This home is located at 1505 16th Ave N in Princeton, MN and zip code 55371. This 993 square foot home was built in 2020. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $224,900.

In November 2024, from all listings sold in Princeton, MN there were more than 0 sold above asking price, over 6 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Princeton, MN decreased by 14.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $345,000, while the average time on the real estate market was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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