Seller's Agent in 2025
John Schuster
Coldwell Banker Realty - Southwest Regional
(612) 900-3333
4 in this area
1,161 Total Sales
Franklin Lofts 111 E Franklin Ave Unit 305 Minneapolis, MN 55404
Whittier Neighborhood
1
Bed
1
Bath
680
Sq Ft
$448/mo
HOA Fee
Highlights
- Stainless Steel Appliances
- Living Room
- Guest Parking
- Patio
- Lobby
- 4-minute walk to Washburn Fair Oaks Park
About This Home
As of August 2025Incredible unit in the iconic Franklin Lofts! The entire building underwent an exquisite renovation in 2004, featuring top-tier finishes and exceptional craftsmanship. This is truly one of the best spots in the building—on the top floor, tucked at the back, with a full bank of south-facing windows that flood the space with natural light. Upon entering, you’ll be captivated by the striking concrete floors, soaring 13-foot ceilings, exposed steel trusses and ductwork, and warm maple millwork. The open-concept layout offers flexibility for living and entertaining. The kitchen, complete with a center island, stainless steel appliances, and granite countertops, is perfect for cooking and hosting. Additional perks include in-unit laundry and two assigned parking spots. Step outside to the beautifully landscaped courtyard with gardens, grills, and patio seating—ideal for entertaining, unwinding, or socializing with neighbors. This is the original owner’s unit, never lived in or rented, and only used for about 100 days in the past 19 years, so it’s in pristine condition. The prime location offers easy access to dining, shopping, and entertainment—just steps from Eat Street, the MIA, and minutes to downtown and Nicollet Mall. Don't miss this one!
Last Agent to Sell the Property
Coldwell Banker Realty - Southwest Regional Brokerage Phone: 612-900-3333 Listed on: 03/11/2025
Co-Listed By
Coldwell Banker Realty - Southwest Regional Brokerage Phone: 612-900-3333
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,454
Year Built
- Built in 2004
HOA Fees
- $448 Monthly HOA Fees
Home Design
- Flat Roof Shape
Interior Spaces
- 680 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Parking
- Guest Parking
- Parking Lot
- Assigned Parking
- Secure Parking
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3402924120112
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
- Omega Property Management Association, Phone Number (763) 449-9100
- Low-Rise Condominium
- Cic 1309 Franklin Lofts Condo Subdivision
Additional Features
- Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2025
Closed on
Aug 28, 2025
Sold by
Erath Chris A and Erath Jean L
Bought by
Dougherty Mark and Hubbard Gail
Seller's Agent
John Schuster
Coldwell Banker Realty - Southwest Regional
Buyer's Agent
Scott Belcher
Coldwell Banker Realty - Lakes
List Price
$164,995
Sold Price
$151,000
Premium/Discount to List
-$13,995
-8.48%
Views
82
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
$1,980
Avg. Annual Appreciation
-0.42%
Original Mortgage
$135,900
Outstanding Balance
$135,427
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$15,312
Purchase Details
Closed on
Jan 14, 2005
Sold by
Franklin Lofts Llc
Bought by
Erath Chris A and Erath Jean L
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 | $151,000 | Burnet Title | |
| Warranty Deed | $154,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $151,000 | +0.7% | $222 / Sq Ft |
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 07/22/2025 07/22/25 | Price Changed | $149,900 | -4.8% | $220 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $157,500 | -4.5% | $232 / Sq Ft |
| 03/11/2025 03/11/25 | For Sale | $164,995 | -- | $243 / 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 | $2,454 | $165,000 | $7,000 | $158,000 |
| 2023 | $2,154 | $165,000 | $7,000 | $158,000 |
| 2022 | $2,287 | $165,000 | $7,000 | $158,000 |
| 2021 | $2,180 | $165,000 | $5,000 | $160,000 |
| 2020 | $2,247 | $163,000 | $9,200 | $153,800 |
| 2019 | $2,180 | $155,000 | $9,200 | $145,800 |
| 2018 | $2,051 | $146,000 | $9,200 | $136,800 |
| 2017 | $1,963 | $127,500 | $9,200 | $118,300 |
| 2016 | $1,972 | $124,000 | $9,200 | $114,800 |
| 2015 | $2,070 | $124,000 | $9,200 | $114,800 |
| 2014 | -- | $105,000 | $9,200 | $95,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Schuster
-
Kieren Evensen
K
Seller Co-Listing Agent in 2025
Kieren Evensen
Coldwell Banker Realty - Southwest Regional
(612) 388-0097
1 in this area
159 Total Sales
-
Scott Belcher
Buyer's Agent in 2025
Scott Belcher
Coldwell Banker Burnet
(612) 805-8880
1 in this area
92 Total Sales
About Franklin Lofts
Map
Source: NorthstarMLS
MLS Number: 6682179
APN: 34-029-24-12-0112
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