Seller's Agent in 2024
Leah Drury
Compass
(612) 702-4097
3 in this area
336 Total Sales
Franklin Lofts 111 E Franklin Ave Unit 212 Minneapolis, MN 55404
Whittier Neighborhood
1
Bed
1
Bath
690
Sq Ft
$515/mo
HOA Fee
Highlights
- City View
- Community Garden
- Stainless Steel Appliances
- Main Floor Primary Bedroom
- Elevator
- 4-minute walk to Washburn Fair Oaks Park
About This Home
As of November 2024Welcome to this wonderful, quiet one bedroom, one bathroom condo in the Franklin Lofts! Originally built in 1950 as an Art Moderne office building, it was thoughtfully converted to lofts in 2004. The condo boasts concrete floors and stunning 13-foot ceilings, with industrial touches like exposed ductwork and steel beams. Oversized windows let in natural light and offer a view of downtown Minneapolis! You'll love the convenience of in-unit laundry with a newer washer and dryer, a spacious walk-in closet, and stainless steel appliances. The unit features updated lighting and hardware throughout, and the open kitchen with a brand-new workstation sink is perfect for preparing delicious meals for friends and family. The outdoor shared courtyard, with its garden-like setting, offers a lovely relaxing spot on sunny days. Located in the heart of the Whittier neighborhood, this condo is within walking distance of many great restaurants on Eat Street, the MIA, and nearby parks. Plus, downtown is just minutes away!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,932
Year Built
- Built in 1950
HOA Fees
- $515 Monthly HOA Fees
Parking
- Unassigned Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 690 Sq Ft Home
- 2-Story Property
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Home Security
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3402924120097
Community Details
Overview
- Association fees include cable TV, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- 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
Oct 15, 2024
Closed on
Nov 22, 2024
Sold by
Acevedo Gabriel Cano and Cano Megan
Bought by
Liebendorfer Richard
Seller's Agent
Leah Drury
Compass
Buyer's Agent
Anthony Giglio
eXp Realty
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Views
17
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
$2,880
Avg. Annual Appreciation
2.18%
Original Mortgage
$112,500
Outstanding Balance
$112,182
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$40,698
Purchase Details
Closed on
Apr 1, 2022
Sold by
Yeaton and Natasha
Bought by
Acevedo Gabriel Cano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
4.67%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 31, 2022
Sold by
Yeaton and Natasha
Bought by
Acevedo Gabriel Cano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
4.67%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Warranty Deed | $150,000 | Watermark Title | |
| Deed | $150,000 | -- | |
| Warranty Deed | $133,000 | None Listed On Document | |
| Warranty Deed | $133,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,500 | New Conventional | |
| Closed | $112,500 | Credit Line Revolving | |
| Previous Owner | $126,350 | Balloon | |
| Previous Owner | $126,350 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $150,000 | -3.2% | $217 / Sq Ft |
| 11/02/2024 11/02/24 | Pending | -- | -- | -- |
| 10/15/2024 10/15/24 | For Sale | $155,000 | -- | $225 / 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 |
|---|---|---|---|---|
| 2024 | $2,201 | $148,000 | $8,000 | $140,000 |
| 2023 | $1,932 | $148,000 | $8,000 | $140,000 |
| 2022 | $2,370 | $171,000 | $7,000 | $164,000 |
| 2021 | $2,247 | $171,000 | $5,000 | $166,000 |
| 2020 | $2,319 | $168,000 | $9,700 | $158,300 |
| 2019 | $2,254 | $160,000 | $9,700 | $150,300 |
| 2018 | $2,118 | $151,000 | $9,700 | $141,300 |
| 2017 | $2,025 | $131,500 | $9,700 | $121,800 |
| 2016 | $2,036 | $128,000 | $9,700 | $118,300 |
| 2015 | $2,137 | $128,000 | $9,700 | $118,300 |
| 2014 | -- | $108,500 | $9,700 | $98,800 |
Source: Public Records
Agents Affiliated with this Home
-
Leah Drury
-
Katie Reilly
Seller Co-Listing Agent in 2024
Katie Reilly
Compass
(612) 423-2721
3 in this area
103 Total Sales
-
Anthony Giglio
Buyer's Agent in 2024
Anthony Giglio
eXp Realty
(612) 513-0755
3 in this area
191 Total Sales
About Franklin Lofts
Map
Source: NorthstarMLS
MLS Number: 6609101
APN: 34-029-24-12-0097
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