Seller's Agent in 2024
Joseph Maselter
Fuze Real Estate
(612) 867-0001
8 in this area
248 Total Sales
Franklin Lofts 111 E Franklin Ave Unit 317 Minneapolis, MN 55404
Whittier NeighborhoodEstimated Value: $222,000 - $228,570
2
Beds
1
Bath
1,030
Sq Ft
$660/mo
HOA Fee
Highlights
- Community Garden
- Patio
- 1-Story Property
- Elevator
- Living Room
- 4-minute walk to Washburn Fair Oaks Park
About This Home
As of June 2024Welcome to your sunny slice of city life at Franklin Lofts! This charming loft-style, top floor condo features 13 ft ceilings and enormous windows that bathe the space in natural light, making it the perfect spot to sip your morning coffee or curl up with a good book. With 2 bedrooms and a sleek bathroom, your comfort is guaranteed. And let's not forget the convenience of in-unit laundry and an underground parking spot—no more winter morning car-scraping for you! Step outside, and you're moments away from some of Minneapolis's finest restaurants, offering flavors to satisfy every craving. Franklin Lofts isn't just a place to live; it's your gateway to convenient urban living with quick access to all Minneapolis has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,937
Year Built
- Built in 1950
HOA Fees
- $660 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Flat Roof Shape
- Rubber Roof
Interior Spaces
- 1,030 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
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 3402924120124
Community Details
Overview
- Association fees include maintenance structure, cable TV, hazard insurance, ground maintenance, parking, professional mgmt, trash, shared amenities, lawn care, water
- Omega Property Management Association, Phone Number (763) 449-9100
- Low-Rise Condominium
- Franklin Lofts Subdivision
Amenities
- Community Garden
- Elevator
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
Jun 17, 2024
Sold by
Jerviss Luke and Cancino Christian
Bought by
Pahwa Sonali
Seller's Agent
Joseph Maselter
Fuze Real Estate
Buyer's Agent
Mariah Hamm
Hamm Real Estate Company
List Price
$225,000
Sold Price
$228,000
Premium/Discount to List
$3,000
1.33%
Views
22
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
$994
Avg. Annual Appreciation
-3.42%
Original Mortgage
$91,200
Outstanding Balance
$90,540
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$128,522
Purchase Details
Closed on
Mar 28, 2017
Sold by
Latham Paige E and Didora Richard A
Bought by
Jerviss Luke G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 2011
Sold by
Liedl Brian P
Bought by
Latham Paige E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,690
Interest Rate
4%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 20, 2009
Sold by
Koch Emily S and Koch Michael D
Bought by
Liedl Brian P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
5.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2004
Sold by
Franklin Lofts Llc
Bought by
Franke Emily and Koch Michael
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 |
|---|---|---|---|
| Pahwa Sonali | $228,000 | -- | |
| Jerviss Luke G | $200,000 | All American Title Co | |
| Latham Paige E | $170,000 | Land Title Inc | |
| Liedl Brian P | $188,000 | -- | |
| Franke Emily | $232,850 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pahwa Sonali | $91,200 | |
| Previous Owner | Jerviss Luke G | $147,500 | |
| Previous Owner | Jerviss Luke G | $160,000 | |
| Previous Owner | Latham Paige E | $165,690 | |
| Previous Owner | Liedl Brian P | $150,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $228,000 | 0.0% | $221 / Sq Ft |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | Off Market | $228,000 | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $225,000 | -- | $218 / 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 | $2,961 | $240,000 | $12,000 | $228,000 |
| 2022 | $3,368 | $240,000 | $11,000 | $229,000 |
| 2021 | $3,109 | $255,000 | $7,000 | $248,000 |
| 2020 | $3,190 | $245,000 | $14,300 | $230,700 |
| 2019 | $3,079 | $233,500 | $14,300 | $219,200 |
| 2018 | $2,859 | $220,500 | $14,300 | $206,200 |
| 2017 | $2,701 | $192,000 | $14,300 | $177,700 |
| 2016 | $2,974 | $187,000 | $14,300 | $172,700 |
| 2015 | $3,122 | $187,000 | $14,300 | $172,700 |
| 2014 | -- | $158,500 | $14,300 | $144,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Brian Seaton
Fuze Real Estate
(320) 500-4397
5 in this area
50 Total Sales
-
Buyer's Agent in 2024
Mariah Hamm
Hamm Real Estate Company
(715) 781-0469
4 in this area
132 Total Sales
About Franklin Lofts
Map
Source: NorthstarMLS
MLS Number: 6509170
APN: 34-029-24-12-0124
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