208 N Rum River Dr, Princeton, MN 55371 Property Records

Mille Lacs County property record for 208 N Rum River Dr, Princeton, MN 55371

Property Summary

Property Type	Commercial
Lot Size	0.267 acres (11,637 sqft)
Owner	Company Name on Record
Last Sale	$475,000 (Jul 2026)
Tax Bill	$7,996 (2026)
Deeds & Mortgages	Jul 2026 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`24-040-0680`

Property Details

APN / Parcel Number

Primary APN	`24-040-0680`

Interior

Units	4 Units
Basement Area	4,988 sqft
Office	4,988 sqft

Exterior

Lot Area	11,637 sqft (0.267 acres)

Location & Zoning

Street Address	208 N RUM RIVER DR
City	PRINCETON
State	MN
Zip	55371-1631
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	& N 1/2 OF VAC ALLEY ADJ & W 1/2 OF VAC ALLEY ADJ
Legal Range	26
Legal Township	36
Legal Section	33
Legal Subdivision	PRINCETON - ORIGINAL TOWNSITE
Legal Block	10
Legal Lot Number	9
Jurisdiction	MILLE LACS MN
Township / Civil Division	PRINCETON
Census Block Group	3
Census Block	3022
Census Tract	170700

Owner

Source: Mille Lacs County records, as of September 4, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	13721 TEAKWOOD LN N, DAYTON, MN 55327-7507
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 8, 2026 · Amount on Record
Deed Sale	Jul 8, 2026 · Amount on Record
Prior Sale	Sep 13, 2016
Deed Document Number	2026451921
Record Updated	Oct 29, 2026

July 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MILLE LACS MN
Recording Date	Jul 8, 2026
Property Address	208 N RUM RIVER DR, PRINCETON, MN 55371-1631
Document Number	0000451921
Instrument Date	Jun 19, 2026
Instrument	2026451921
Transaction Type	Transfer
Record Updated	Jul 17, 2026
Title Company	LAND TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$158,317.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	13721 TEAKWOOD LN N, DAYTON, MN 55327-7507

Mortgage

Document Number	0000451922,
Date	Jul 8, 2026
Instrument	2026451922

Lender

Name	BRANNEN BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jun 19, 2031

Interest

Rate	6.53%
Max Rate	-1%

Tax Assessment & Valuation

Source: Mille Lacs County assessment roll, as of September 4, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Mille Lacs County
Municipality	Princeton City
Unified School District	Princeton Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$7,996.00 (-12.4%)	$318,100 (+12.09%) Land $61,700 Building $256,400	$318,100 (+12.09%) Land $61,700 Building $256,400
2025		$283,800 (-1.7%) Land $41,200 Building $242,600	$283,800 (-1.7%) Land $41,200 Building $242,600
2023	$9,128.00	$288,700 Land $35,300 Building $253,400	$288,700 Land $35,300 Building $253,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective March 4, 2013 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	3 in force
Nearby Flood Claims	4 (1979–2001)
Most Recent Claim	Apr 2001 · Severe Winter Storms, Flooding, And Tornadoes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Princeton serves 5,421 people · EPA ID MN1480008
Water Source	Groundwater
Last State Inspection	Jan 2026
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 100 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Midco Cable	1,250 / 60
Starlink Satellite	280 / 30
Windstream DSL	200 / 20
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile, Verizon.

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