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Sale Pending

8587 County Road 5 NW, Princeton, MN, 55371

$625,000

Home List Price

$7,422*

Closing Credit

4 Bedrooms
2 Baths
1,924 SqFt
$325/SqFt
House
Schools Nearby

Location

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8587 County Road 5 NW, Princeton$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Detached, Asphalt, Concrete, Guest Parking, Heated Garage, Insulated Garage, RV Access/Parking, Storage, Tandem
Garage6 spaces
Year Built1984
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontRiver Front
ViewRiver
MLS #6526719
StatusSale Pending
(Active)

About 8587 County Road 5 NW

650'+ feet of Riverfront on 30 acres of land with house, garages + large Heated Workshop with office and bathroom, and a pole building/garage with 11' sidewalls and tall door, + 2 other outbuildings. Property has 2 PID numbers. The home features 2x6 construction, new windows, a 4-season Sunroom with vaulted ceilings and hardwood floors, open to the dining area, country kitchen with custom cabinets, beautiful ceramic tiled walk-in showers in both bathrooms. Finished basement features family room, a nonconforming bedroom (has window, not egress), a spa room with jetted tub, tiled bath and walk-in shower. OUTBUILDINGS 24x24 garage with concrete floor. 24x24 pole building, 11’ side walls, concrete floor, tall garage door, driveway crushed tar. 16x24 3-sided building for equipment. This amazing acreage property is great for recreation, riding, fishing, shooting, hunting, planting, horses, hobby farm. Great location, only 6 miles to Hwy 169, and 8 miles to 47, and 21 minutes from Hwy 65.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 1,924 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: River

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: No
  • Parking: Carport, Detached, Asphalt, Concrete, Guest Parking, Heated Garage, Insulated Garage, RV Access/Parking, Storage, Tandem

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Princeton High School, Public District Grades 9-12
  • Princeton Middle School, Public District Grades 6-8
  • Princeton North Elementary, Public District Grades 3-5

Other

Directions Information:

  • Directions: Hwy 169 to 317th Ave NE, go east. becomes 313th Ave and also becomes County Road 5

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $325/SqFt

Tax Information:

  • Annual Amount: $2,338
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6526719

Listing Office:

  • Office Name: Realty Group LLC

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,338$317,000
2019$2,014$213,600
2018$2,010$201,100
2017$2,146$202,900

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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.

Elementary School

school-card-donut-254243
5
/10
  • Princeton North Elementary

  • 1202 7th Ave N

  • 5.65 miles

  • Public District Grades 3-5

Middle School

school-card-donut-254244
6
/10
  • Princeton Middle School

  • 1100 4th Ave N

  • 5.41 miles

  • Public District Grades 6-8

High School

school-card-donut-254245
6
/10
  • Princeton High School

  • 807 8th Ave S

  • 4.98 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,750. Most Mille Lacs County, MN residents have annual incomes between $35k-100k. Residents typically live in married, 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 8587 County Road 5 NW

What is the listing price of this property?

The listing price of 8587 County Road 5 NW property is $625,000.

What type of property is this?

The property 8587 County Road 5 NW is a house located in Princeton, Minnesota, 55371.

Is this property for sale now?

Sale Pending: 8587 County Road 5 NW is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 8587 County Road 5 NW are:
Princeton North Elementary: GreatSchools Rating 5/10
Princeton Middle School: GreatSchools Rating 6/10
Princeton High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,338 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8587 County Road 5 NW has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8587 County Road 5 NW is 1,924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8587 County Road 5 NW is 1984.

Rocket HomesMinnesotaMille Lacs CountyPrinceton553718587 County Road 5 NW

This home is located at 8587 County Road 5 NW in Princeton, MN and zip code 55371. This 1,924 square foot home was built in 1984. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 28, 2024 and is currently priced at $625,000.

In April 2024 more than 5 listings in Mille Lacs County, MN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. In April 2024 in Mille Lacs County, MN there were 51% more homes for sale than in March 2024. In April 2024 median list price was $296,083 and the average listing age was 64 days.

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

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