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$225,000

507 7th Ave S Princeton, MN 55371

3 beds
1 full, 1 partial
954 sqft
$236 / sqft
House

Property details

About 507 7th Ave S

Welcome home to this one and a half story, 3 bed, 2 bath home close to town! Enjoy your morning coffee on the inviting covered front porch, then step inside to a warm and welcoming living room which flows into the informal dining space. The kitchen boasts new cabinet doors, sleek marble countertops, new stainless appliances, a gas stove, and on-trend finishes! The main level also offers a nicely sized bedroom with hardwood floors and a convenient full bath. Upstairs, you'll find two bright and airy bedrooms filled with natural light, along with an updated half bath.Enjoy comfort year-round with central AC, and take the fun outside with a backyard that features plenty of green space, a firepit for gathering, and even your own apple tree and raspberry bushes! Additional updates include new flooring in the kitchen and bathrooms, newer gutters, and stylish lighting throughout. Conveniently located near Mark Park and Princeton Golf Course—don’t miss your chance to tour this move-in-ready gem! Please refrain from entering the garage, due to the collapsing roof. Seller is not repairing the garage, Buyers to assume all repairs or demolition cost required by lender.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusSale Pending
(Active)
CoolingCentral Air
Size954 sqft
BasementYes
Year built1920
ParkingDetached, Asphalt
MLS #6759696

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Detached, Asphalt
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $225,000
  • Price/SqFt: $235
  • HOA Amount: $0
  • Annual Tax Amount: $2,432
  • Tax Year: 2024
  • Lot: Many Trees
  • Directions: In Downtown Princeton at the stop light - 1st St. W- 7th Ave S- home on the right.
  • Year Built: 1920
  • Living Area: 954 SqFt
  • MLS Number: 6759696
  • MLS Name: NORTHSTAR
  • Office Name: eXp Realty

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Last updated on: 8/1/2025, 4:52:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 29, 2019
Home Sold
$99,500
Aug 29, 2019
Home Sold
$140,000
Feb 02, 2018
Home Sold
$99,500
Oct 23, 2007
Home Sold
$115,000

Tax history

YearAssessmentProperty Tax
2024$183,900$2,432
2023$181,400$2,454
2022$181,000$2,146
2021$142,400$1,814
2020$127,100$1,766
2019$118,800$1,506
2017$69,362$1,378

History based on county public records data.

Nearby schools

5

Princeton North Elementary

Public District 3-5

1.5 mi

1202 7th Ave N

7

Westwood Elementary School

Public District 3-5

8.6 mi

13651 4th Ave S

6

Milaca Elementary School

Public District PK-6

13.5 mi

500 Highway 23 W

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,850. The majority of Princeton, MN residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

44%
<35k
45%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
33%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • KmartKmart
  • Stein MartStein Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • FordFord

What do the neighbors listen to?

  • OldiesOldies
  • Adult StandardsAdult Standards
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 507 7th Ave S

The listing price of 507 7th Ave S property is $225,000.

The property 507 7th Ave S is a house located in Princeton, Minnesota, 55371.

Sale Pending: 507 7th Ave S is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 507 7th Ave S are: Princeton North Elementary (GreatSchools Rating 5/10), Westwood Elementary School (GreatSchools Rating 7/10), Milaca Elementary School (GreatSchools Rating 6/10), Princeton Middle School (GreatSchools Rating 6/10), Zimmerman Middle School (GreatSchools Rating 6/10), St. Francis Middle School (GreatSchools Rating 2/10), Princeton High School (GreatSchools Rating 5/10), Princeton Online Mn (GreatSchools Rating 4/10), Princeton Area Learning Center (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,432 (source: MLS/based on county public records data).

The last sale was on August 29, 2019 for $99,500 (source: MLS/tax record).

The property at 507 7th Ave S has 3 bedrooms and 1 full and 1 half bathrooms.

The property 507 7th Ave S is 954 SqFt (source: MLS/tax record).

The year of construction for 507 7th Ave S is 1920.

This home is located at 507 7th Ave S in Princeton, MN and zip code 55371. This 954 square foot home was built in 1920. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $225,000.

While more than 7 listings in Princeton, MN in July 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 9 were sold below. In July 2025 in Princeton, MN there were 2.7% more homes for sale than in June. The median list price of listings available in July 2025 was $350,000, while the average time on the real estate market was 42 days.

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

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