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Single Family ResidenceResidential
$505,174$413 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

5424 40TH ST

PRINCETON, MN 55371
0
Baths
1,224 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
148 ac
Lot SizeThe size of the land the home sits on, from county records.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$505K
$435K low$575K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,080 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$887,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$706,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$180,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$803,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$887,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.53
89
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
37
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
52
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
55
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
32
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.39 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMILLE LACS
Lot (acres)The size of the land the home sits on, from county records.148.00
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Princeton Middle SchoolB-
Middle · Grades 6–8 · 3.2 mi
E
Princeton South Elementary
Elementary · Grades KG–2 · 3.4 mi
H
Princeton High SchoolB+
High · Grades 9–12 · 4.7 mi

District: Princeton Public School District

Neighborhood · ZIP 55371These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.8

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.18,776
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.96 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$86,584
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$101,618
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.30 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5424 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 93% of homes in Mille Lacs County
  • Costs more per square foot than 95% of homes in Princeton 55371
  • Among the largest lots in Princeton 55371

What homes are worth in Princeton 55371

Each bar is how many homes fall in that price range. The marker is this home.

This home
$150K$703K

This home is worth more than 88% of homes in Princeton 55371.

How it measures up in Princeton 55371

The dot is this home. The mark in the middle is the typical home in Princeton 55371.

Estimated value$505,174
CheaperTypical $337,914Pricier

Pricier than 88% of homes nearby

Price per ft²$413
CheaperTypical $278Pricier

Pricier than 95% of homes nearby

Living area1,224 ft²
SmallerTypical 1,206 ft²Bigger

Bigger than 53% of homes nearby

Lot size148 ac
SmallerTypical 2.56 acBigger

Bigger than almost all homes nearby

How 5424 40th St ranks against every home in each area.
MeasureThis homePrinceton 55371Mille Lacs County
Estimated valuepricier than$505,17488% of homes93% of homes
Price per ft²pricier than$41395% of homes95% of homes
Living areabigger than1,224 ft²53% of homes59% of homes
Lot sizebigger than148 acalmost all homesalmost all homes

About 5424 40th St

How much is 5424 40th St, Princeton, MN worth?

The TopHap Estimate for 5424 40th St, Princeton, MN is $505,174 as of Sep 24, 2026. The likely range is $435,370 to $574,978. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5424 40th St, Princeton, MN last sell?

5424 40th St, Princeton, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5424 40th St, Princeton, MN?

5424 40th St, Princeton, MN has 1,224 square feet of living space and a 148.00-acre lot.

What schools serve 5424 40th St, Princeton, MN?

5424 40th St, Princeton, MN is assigned to Princeton Middle School (middle), rated B-; Princeton South Elementary (elementary); Princeton High School (high), rated B+. All sit in Princeton Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5424 40th St, Princeton, MN compare to other homes in Princeton 55371?

Among the 7,051 homes in Princeton 55371, it is worth more than 88% of them ($505,174 against a typical $337,914), its price per square foot is higher than 95% of them ($413 against a typical $278), it is bigger than 53% of them (1,224 ft² against a typical 1,206 ft²) and its lot is bigger than almost all of them (148 ac against a typical 2.56 ac). Measured against all of Mille Lacs County, it is worth more than 93% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5424 40th St, Princeton, MN?

The 2026 property tax bill for 5424 40th St, Princeton, MN was $5,080. The county assessed it at $887,100.

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