NOT LISTED FOR SALE

111 2nd Ave E Franklin, MN 55333

Estimated Value: $107,000 - $176,000

4 Beds
2 Baths
1,556 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $23,000 $15 Per Sq Ft

Est. 465% increase in value since last sale

Current estimated payment $822/month

85 Days on Market

Highlights

  • Second Kitchen
  • Corner Lot
  • Bathroom on Main Level
  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2014

This fixer-upper is located on a large lot. It can be used as a single family home or a duplex. There has been new flooring installed on the main floor & a new bathroom. Large double car garage with a third stall/workshop in back.

Last Agent to Sell the Property

Jan Raddatz

REDWOOD VALLEY REAL ESTAT Listed on: 11/18/2013

Last Buyer's Agent

Jan Raddatz

REDWOOD VALLEY REAL ESTAT Listed on: 11/18/2013

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 75 x 140
  • Corner Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Slate

Interior Spaces

  • 1,556 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Second Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-00570-00

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Deck, Driveway - Gravel
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 32-00570-00
  • Stories: 1.25 - 1.75 Story
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room, 2nd Kitchen
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x10.5, On Level: Main
  • Room 2: Kitchen, 11.5x8.5, On Level: Main
  • Room 3: Bedroom, 9x9, On Level: Main
  • Room 4: Bedroom, 10.5x7.5, On Level: Main
  • Room 5: Bathroom, 9x8.5, On Level: Main
  • Room 6: Dining Room, 14.5x8, On Level: Main
  • Room 7: 4x6, On Level: Main
  • Room 8: Living Room, 11x15, On Level: Upper
  • Room 9: Kitchen, 15.5x10.5, On Level: Upper
  • Room 10: Bedroom, 9.5x9, On Level: Upper
  • Room 11: Bedroom, 11x8.5, On Level: Upper
  • Room 12: Bathroom, 4.5x5.5, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1556
  • Total Fin Square Footage: 1556
  • Total Square Footage: 1109

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Slate
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Oil
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 75 x 140
  • Lot/Land Description: Corner Lot, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Sherman Seth and Sherman Christine
Bought by
Sherman Steven
Current Estimated Value
$130,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$17,134
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$112,915
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sherman Steven $87,121 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Steven $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $23,000 -37.8% $15 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $37,000 -- $24 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,680 $83,300 $5,500 $77,800
2024 $1,680 $80,600 $5,500 $75,100
2023 $1,676 $80,600 $5,500 $75,100
2022 $1,772 $76,000 $3,800 $72,200
2021 $1,246 $66,700 $3,800 $62,900
2020 $1,506 $66,700 $3,800 $62,900
2019 $1,068 $60,500 $3,800 $56,700
2018 $986 $34,000 $3,800 $30,200
2017 $1,026 $34,000 $0 $0
2016 $1,094 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4560634

REALTOR® Association of Southern Minnesota

APN: 32-00570-00