NOT LISTED FOR SALE

Franklin Lofts 111 E Franklin Ave Unit 308 Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $215,000 - $225,000

2 Beds
1 Bath
1,056 Sq Ft
1.73 Acre Lot

Sale Details

Date Sold: March 14, 2025

Last sale price $230,000 $218 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,160 / mo

41 Days on Market

Highlights

  • Building Security
  • Patio
  • 1-Story Property
  • Stainless Steel Appliances
  • Lobby
  • 4-minute walk to Washburn Fair Oaks Park

About This Home

As of March 2025

Own a beautiful, contemporary loft in a historic building in the heart of the city! The Franklin Lofts building was built in 1950 as an Art Moderne office building and converted to lofts in 2004. Located on the 3rd/top floor, this light drenched unit combines industrial charm and sleek finishes like exposed ductwork and steel beams with hardwood floors and tall windows for warmth and comfort. Full bathroom has new fixtures, slate floors, vanity & sink. Primary suite features walk-in closet w/ organizers. Updated kitchen has stainless appliances, stone counters, tall cabinetry for maximum storage and function. In-unit laundry plus walk-in storage w/ more organizers. Two parking spaces, one inside the heated underground garage, one on a private lot, plus guest parking. Storage locker also included. Fantastic common outdoor space w/patio, grills. Close to the bus line, restaurants, shopping and more. Move right in!

Last Agent to Sell the Property

Leah Drury

Compass Listed on: 01/07/2025

Compass

Co-Listed By

Amanda Buhman

Compass

Last Buyer's Agent

Leah Bailey

Pemberton RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1950

Lot Details

  • 1.73

HOA Fees

  • $741 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Accessible Elevator Installed
  • Patio
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 3402924120115

Community Details

Overview

  • Association fees include building exterior, cable TV, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, sanitation, sewer, shared amenities, snow removal, water
  • Cities Management Association, Phone Number (612) 381-8600
  • Low-Rise Community
  • Cic 1309 Franklin Lofts Condo Subdivision

Amenities

  • Lobby

Security

  • Building Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,667

Year Built

Built in 1950

Lot Details

1.73 Acres

HOA Fees

$741 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security Building
  • Fee Frequency: Monthly
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1056
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1056
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Neighborhood: 84

Garage/Parking

  • Parking Features: Heated Garage, Parking Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Unit
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
  • Phone: 6123818600
  • Association Fee: 741
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s), Hardwood Floors, Intercom System, Kitchen Center Island, Primary Bedroom Walk-In Closet, Tile Floors, Vaulted Ceiling(s)

Association/Amenities

  • HOA Management Co: Cities Management

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3402924120115
  • Tax Annual Amount: 2667
  • TaxWithAssessments: 2667

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 7, 2025
Sold by
Bought by
Seller's Agent
Leah Drury
Compass
Buyer's Agent
Leah Bailey
Pemberton RE
List Price
$230,000
Sold Price
$230,000
Views
49
Current Estimated Value
$219,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,117
Avg. Annual Appreciation
-3.48%

Purchase Details

Closed on
Jun 24, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,590
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,300
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2004
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$223,235 None Listed On Document
$240,000 --
$240,000 None Listed On Document
$237,900 Edina Realty Title Inc
$214,000 Edina Realty Title Inc
$240,800 --
$237,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $210,000
Previous Owner $210,000
Previous Owner $233,590
Previous Owner $203,300
Closed $233,590
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $230,000 0.0% $218 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $230,000 -- $218 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,813 $207,000 $11,000 $196,000
2024 $2,703 $207,000 $11,000 $196,000
2023 $2,667 $220,000 $12,000 $208,000
2022 $3,368 $228,000 $11,000 $217,000
2021 $3,059 $243,000 $8,000 $235,000
2020 $3,135 $241,500 $14,600 $226,900
2019 $3,023 $230,000 $14,600 $215,400
2018 $2,810 $217,000 $14,600 $202,400
2017 $2,652 $189,000 $14,600 $174,400
2016 $2,926 $184,000 $14,600 $169,400
2015 $3,072 $184,000 $14,600 $169,400
2014 -- $156,000 $14,600 $141,400
Source: Public Records

Agents Affiliated with this Home

  • Leah Drury

    Seller's Agent in 2025

    Leah Drury

    Compass

    (612) 702-4097

    4 in this area

    313 Total Sales

    Leah Drury
    Section Image
  • Amanda Buhman

    Seller Co-Listing Agent in 2025

    Amanda Buhman

    Compass

    (952) 239-5756

    2 in this area

    96 Total Sales

    Amanda Buhman
    Section Image
  • Leah Bailey

    Buyer's Agent in 2025

    Leah Bailey

    Pemberton RE

    (763) 742-5105

    1 in this area

    76 Total Sales

    Leah Bailey
    Section Image
See All Agents

About Franklin Lofts

Map

Source: NorthstarMLS

MLS Number: 6646035

NorthstarMLS

APN: 34-029-24-12-0115

Minnesota Hennepin County Minneapolis 55404 Whittier

111 E Franklin Ave Unit 308, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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