Franklin Lofts 111 E Franklin Ave Unit 108 Minneapolis, MN 55404
Whittier Neighborhood
2
Beds
1
Bath
1,008
Sq Ft
$685/mo
HOA Fee
Highlights
- Community Garden
- Stainless Steel Appliances
- Guest Parking
- Elevator
- Patio
- 4-minute walk to Washburn Fair Oaks Park
About This Home
As of August 2024Welcome to your urban paradise! This loft-style condo offers 2 bedrooms, a large bathroom, and an airy, open floor plan accentuated by stunning high ceilings. The space is perfect for entertaining! A sleek kitchen with stainless steel appliances (including a new refrigerator) is open to the living and dining room spaces and includes a large island where your guests can chat while you whip up a meal. A fenced-in garden patio provides another space for relaxing under the crabapple and spruce trees, and the area is surprisingly quiet since it faces the less-busy Stevens Avenue. The condo conveniently offers in-unit laundry and a walk-in closet, plus 2 assigned parking spaces and a storage unit! Located close to parks, shops, and the international restaurants of Eat Street, this home is ideal for those who like to stroll to their destination. Plus, downtown is just a stone's throw away. Don’t miss out!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,806
Year Built
- Built in 1950
Lot Details
- Property is Fully Fenced
- Zero Lot Line
HOA Fees
- $685 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Guest Parking
- Assigned Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,008 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3402924120084
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
- Omega Property Management Association, Phone Number (763) 449-9100
- Low-Rise Condominium
- Cic 1309 Franklin Lofts Condo Subdivision
Amenities
- Community Garden
- Elevator
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2024
Closed on
Aug 29, 2024
Sold by
Liu Zehua and Sussman Y.
Bought by
Nafe Mikale
Seller's Agent
Kelly O'Neil
O'Neil Group LLC
Buyer's Agent
Gail Alvarez
LPT Realty, LLC
List Price
$229,900
Sold Price
$219,900
Premium/Discount to List
-$10,000
-4.35%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,242
Avg. Annual Appreciation
-0.64%
Original Mortgage
$100,000
Outstanding Balance
$99,389
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$119,269
Purchase Details
Listed on
Jun 24, 2024
Closed on
Aug 26, 2024
Sold by
Liu Zehua and Liu Paul Sussman
Bought by
Nafe Mikale
Seller's Agent
Kelly O'Neil
O'Neil Group LLC
Buyer's Agent
Gail Alvarez
LPT Realty, LLC
List Price
$229,900
Sold Price
$219,900
Premium/Discount to List
-$10,000
-4.35%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,389
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$119,269
Purchase Details
Closed on
Feb 13, 2020
Sold by
Sph Property Two Llc
Bought by
Liu Zehua
Purchase Details
Closed on
Dec 2, 2019
Sold by
Young Desiree A Gravelle and Young Taylor
Bought by
Sph Property Two Llc
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $219,900 | -- | |
| Warranty Deed | $219,900 | Watermark Title | |
| Special Warranty Deed | $240,000 | Network Title Inc | |
| Warranty Deed | $225,000 | Network Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $100,000 | New Conventional | |
| Previous Owner | $164,991 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2024 08/29/24 | Sold | $219,900 | 0.0% | $218 / Sq Ft |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | Price Changed | $219,900 | -4.3% | $218 / Sq Ft |
| 06/28/2024 06/28/24 | For Sale | $229,900 | -- | $228 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,806 | $215,000 | $12,000 | $203,000 |
| 2022 | $3,243 | $220,000 | $11,000 | $209,000 |
| 2021 | $3,110 | $234,000 | $7,000 | $227,000 |
| 2020 | $3,210 | $232,500 | $14,300 | $218,200 |
| 2019 | $3,120 | $221,500 | $14,300 | $207,200 |
| 2018 | $2,937 | $209,000 | $14,300 | $194,700 |
| 2017 | $2,802 | $182,000 | $14,300 | $167,700 |
| 2016 | $2,815 | $177,000 | $14,300 | $162,700 |
| 2015 | $2,955 | $177,000 | $14,300 | $162,700 |
| 2014 | -- | $150,500 | $14,300 | $136,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly O'Neil
Seller's Agent in 2024
Kelly O'Neil
O'Neil Group LLC
(612) 804-9199
2 in this area
114 Total Sales
-
Gail Alvarez
Buyer's Agent in 2024
Gail Alvarez
LPT Realty, LLC
(907) 252-1163
1 in this area
32 Total Sales
About Franklin Lofts
Map
Source: NorthstarMLS
MLS Number: 6560546
APN: 34-029-24-12-0084
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