Sold: Princeton MLS# 6528687
Sold
$250,000 (list price)
$250,000
Single Family: Four or More Level Split
4 br • 2 ba • Built 2000
2,016 sqft • 0.39 acres
Princeton schools
MLS# 6528687
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Property Description
Introducing a prime investment opportunity in a great Princeton community! This home is perfect for those looking to maximize profit through a purchase, rehab, and resale strategy. Please note, this property would not qualify for traditional FHA or VA financing.
As you step into this residence, you'll immediately recognize its potential. The interior is a blank canvas in need of modernization, offering an ideal setup for a profitable renovation. The carpets needs replacement as there is a noticeable pet order in them, and the walls are in need of a fresh coat of paint.
The 3-season porch is currently unfinished, but could easily be transformed into a cozy retreat, adding significant value to the home. Additionally, minor gutter repair is required on the front elevation. This home's future market value is promising. Couple this with a generous re-sale margin, and you have an investment that is hard to overlook.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$250,000
Sold Price:
$250,000
Sold Date:
05/31/2024
Price per sq ft:
$124
Property Type:
Single Family
City:
Princeton
Garage Spaces:
3
County:
Mille Lacs
Year Built:
2000
State:
MN
Property Style:
Four or More Level Split
Zip Code:
55371
Subdivision Name:
Oak Field First Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,016 ft2
Living Area:
2,016 ft2
Common Wall:
No
Appliances Included:
- Air-To-Air Exchanger
- Dishwasher
- Dryer
- Exhaust Fan
- Microwave
- Range
- Refrigerator
- Washer
Basement Details:
- Block
- Crawl Space
- Egress Window(s)
- Finished
- Full
- Sump Pump
Exterior
Stories:
Four or More Level Split
Garage Spaces:
3
Garage Dimensions:
22x30
Garage Size:
640 ft2
Garage Door Height:
7
Garage Door Width:
16
Air Conditioning:
Central Air
Foundation Size:
1,056 ft2
Fencing:
None
Handicap Accessible:
None
Out Buildings:
Storage Shed
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Garage Door Opener
- Insulated Garage
Unit Amenities:
- Deck
- Kitchen Window
- Natural Woodwork
- Porch
- Vaulted Ceiling(s)
- Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Paved Streets
Exterior Material:
- Brick/Stone
- Vinyl Siding
Pool:
None
Rooms
Full Baths:
1
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Main Floor Full Bath
- Walk-In Shower Stall
Dining/Kitchen:
Informal Dining Room
| Upper Level | Size | Sq Ft |
|---|---|---|
| Living Room | 13 x 18 | 234 |
| Dining Room | 12 x 13 | 156 |
| Kitchen | 10 x 11 | 110 |
| Bedroom 1 | 11 x 13 | 143 |
| Bedroom 2 | 12 x 13 | 156 |
| Three Season Porch | 14 x 18 | 252 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Family Room | 11 x 22 | 242 |
| Bedroom 3 | 13 x 15 | 195 |
| Bedroom 4 | 11 x 12 | 132 |
| Laundry | 11 x 11 | 121 |
Lot & Land
Acres:
0.39
Geolocation:
45.589997, -93.591414
Lot Dimensions:
108 x 156
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Heavy
Farm
Topography:
Level
Schools
School District:
477
District Phone:
763-389-2422
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$4,550
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,550
Association Fee Required:
No
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of EXIT Realty Nexus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.