Seller's Agent in 2023
Aleksa Montpetit
DRG
(651) 210-4213
5 in this area
157 Total Sales
Franklin Lofts 111 E Franklin Ave Unit 217 Minneapolis, MN 55404
Whittier NeighborhoodEstimated Value: $218,000 - $223,298
2
Beds
1
Bath
1,030
Sq Ft
$621/mo
HOA Fee
Highlights
- The kitchen features windows
- Patio
- Guest Parking
- 1 Car Attached Garage
- Living Room
- 4-minute walk to Washburn Fair Oaks Park
About This Home
As of April 2023Experience urban living at its finest. These unique lofts were transformed into residences from a previous Art Modern office building in 2004. 2 bed/1 bath, east facing unit with 13.5 ft open truss ceilings and wall to wall windows allowing for an abundance of natural light. Open and spacious floorplan featuring wine lounge with 3 coolers, open storage, custom wood shelving and a black walnut live edge countertop. Healthy HOA with strong sense of community and private green space with ample seating and grilling area. Ideal location walking distance to diverse dining options including the forthcoming Eat Street Crossing food hall. The Minneapolis of Art Institute and scenic Washburn Fair Oaks Park are just a few blocks away. Comes with two parking spaces; one inside, one on a private lot plus ample guest parking.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,988
Year Built
- Built in 1950
Lot Details
- 1.73
HOA Fees
- $621 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Guest Parking
- Parking Lot
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 1,030 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Accessible Elevator Installed
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3402924120101
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
- Omega Association, Phone Number (763) 449-9100
- Low-Rise Condominium
- Franklin Lofts Subdivision
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
Apr 5, 2023
Sold by
Matheson James
Bought by
Lucas Erin
Seller's Agent
Aleksa Montpetit
DRG
Buyer's Agent
Wendy Gimpel
Keller Williams Select Realty
List Price
$229,900
Sold Price
$229,900
Views
24
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
-$10,075
Avg. Annual Appreciation
-1.60%
Original Mortgage
$70,000
Outstanding Balance
$67,958
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$151,867
Purchase Details
Closed on
Jun 5, 2017
Sold by
Preiner Drew
Bought by
Matheson James
Purchase Details
Closed on
Sep 8, 2014
Sold by
Roth William William
Bought by
Preiner Drew Drew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,500
Interest Rate
4.1%
Purchase Details
Closed on
Dec 27, 2004
Sold by
Franklin Lofts Llc
Bought by
Macleod Pamela A and Roth William B
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lucas Erin | $229,900 | Titlenexus | |
| Matheson James | $226,600 | Executive Title | |
| Preiner Drew Drew | $216,500 | -- | |
| Macleod Pamela A | $245,450 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lucas Erin | $70,000 | |
| Previous Owner | Preiner Drew Drew | $216,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $229,900 | 0.0% | $223 / Sq Ft |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | Off Market | $229,900 | -- | -- |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- |
| 02/09/2023 02/09/23 | For Sale | $229,900 | -- | $223 / Sq Ft |
Source: NorthstarMLS
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 | $2,877 | $217,000 | $10,000 | $207,000 |
| 2023 | $2,932 | $238,000 | $12,000 | $226,000 |
| 2022 | $3,380 | $240,000 | $11,000 | $229,000 |
| 2021 | $3,100 | $255,000 | $7,000 | $248,000 |
| 2020 | $3,177 | $243,500 | $14,800 | $228,700 |
| 2019 | $3,067 | $232,000 | $14,800 | $217,200 |
| 2018 | $2,847 | $219,000 | $14,800 | $204,200 |
| 2017 | $2,630 | $187,000 | $14,800 | $172,200 |
| 2016 | $2,974 | $187,000 | $14,800 | $172,200 |
| 2015 | $2,712 | $179,000 | $14,800 | $164,200 |
| 2014 | -- | $152,000 | $14,800 | $137,200 |
Source: Public Records
Agents Affiliated with this Home
-
Aleksa Montpetit
-
Wendy Gimpel
Buyer's Agent in 2023
Wendy Gimpel
Keller Williams Select Realty
(651) 214-7796
1 in this area
258 Total Sales
-
Haley Mack
H
Buyer Co-Listing Agent in 2023
Haley Mack
BRIX Real Estate
(218) 791-3830
1 in this area
49 Total Sales
About Franklin Lofts
Map
Source: NorthstarMLS
MLS Number: 6331519
APN: 34-029-24-12-0101
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