Franklin Lofts 111 E Franklin Ave Unit 321 Minneapolis, MN 55404
Whittier NeighborhoodEstimated Value: $145,000 - $162,000
1
Bed
1
Bath
634
Sq Ft
$424/mo
HOA Fee
Highlights
- Main Floor Primary Bedroom
- Patio
- 1-Story Property
- Elevator
- Living Room
- 4-minute walk to Washburn Fair Oaks Park
About This Home
As of July 2022Top floor turn-key loft with soaring 14 ft ceilings and concrete floors, exposed steel beams and ductwork. Convenient location within walking distance to MIA, Eat Street, Parks and Downtown. Original owner since 2004 has maintained this unit in pristine condition. Upgraded cabinet doors in kitchen, newly painted bathroom, upgraded fan and electrical wiring in the bedroom. Light open floor plan that faces west for afternoon sun. Franklin Lofts is an Art Moderne building built in 1950; it was converted in 2004, and offers its new owner character, style and convenience.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,886
Year Built
- Built in 1950
Lot Details
- 1.73
HOA Fees
- $424 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 634 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3402924120128
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, lawn care, professional mgmt, trash, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- Low-Rise Condominium
- Cic 1309 Franklin Lofts Condo Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2022
Closed on
Jul 8, 2022
Sold by
Peterson Matthew
Bought by
Sletten Tricia
Seller's Agent
Jim Ploumidis
National Realty Guild
Buyer's Agent
Theresa Roerish
Keller Williams Realty Integrity Lakes
List Price
$175,000
Sold Price
$167,000
Premium/Discount to List
-$8,000
-4.57%
Total Days on Market
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
-$11,092
Avg. Annual Appreciation
-2.34%
Original Mortgage
$161,990
Outstanding Balance
$155,237
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$671
Purchase Details
Listed on
Mar 4, 2022
Closed on
Jul 6, 2022
Sold by
Peterson Matthew R
Bought by
Sletten Tricia Ann
Seller's Agent
Jim Ploumidis
National Realty Guild
Buyer's Agent
Theresa Roerish
Keller Williams Realty Integrity Lakes
List Price
$175,000
Sold Price
$167,000
Premium/Discount to List
-$8,000
-4.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,990
Outstanding Balance
$155,237
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$671
Similar Homes in Minneapolis, MN
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 |
|---|---|---|---|
| Sletten Tricia | $167,000 | -- | |
| Sletten Tricia Ann | $167,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sletten Tricia | $161,990 | |
| Closed | Sletten Tricia Ann | $161,990 | |
| Previous Owner | Peterson Matthew R | $79,000 | |
| Closed | Sletten Tricia Ann | $6,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $167,000 | -1.7% | $263 / Sq Ft |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- |
| 04/29/2022 04/29/22 | Price Changed | $169,900 | -2.9% | $268 / Sq Ft |
| 03/04/2022 03/04/22 | For Sale | $175,000 | -- | $276 / 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 | $1,777 | $157,000 | $7,000 | $150,000 |
| 2022 | $1,887 | $157,000 | $6,000 | $151,000 |
| 2021 | $1,870 | $157,000 | $5,000 | $152,000 |
| 2020 | $1,911 | $160,000 | $8,700 | $151,300 |
| 2019 | $1,837 | $152,500 | $8,700 | $143,800 |
| 2018 | $1,688 | $144,000 | $8,700 | $135,300 |
| 2017 | $1,586 | $125,500 | $8,700 | $116,800 |
| 2016 | $1,579 | $122,000 | $8,700 | $113,300 |
| 2015 | $1,659 | $122,000 | $8,700 | $113,300 |
| 2014 | -- | $103,500 | $8,700 | $94,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Ploumidis
J
Seller's Agent in 2022
Jim Ploumidis
National Realty Guild
(612) 850-0418
1 in this area
6 Total Sales
-
Theresa Roerish
Buyer's Agent in 2022
Theresa Roerish
Keller Williams Realty Integrity Lakes
(612) 210-2877
2 in this area
68 Total Sales
About Franklin Lofts
Map
Source: NorthstarMLS
MLS Number: 6159850
APN: 34-029-24-12-0128
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 111 E Franklin Ave Unit 316
- 111 E Franklin Ave Unit 306
- 111 E Franklin Ave Unit 105
- 111 E Franklin Ave Unit 305
- 111 E Franklin Ave Unit 211
- 111 E Franklin Ave Unit 303
- 15 E Franklin Ave Unit 312
- 15 E Franklin Ave Unit 320
- 15 E Franklin Ave Unit 212
- 2006 2nd Ave S
- 1900 Stevens Ave Unit 11
- 9 W Franklin Ave Unit 309
- 9 W Franklin Ave Unit 205
- 1901 Stevens Ave Unit 301
- 1820 1st Ave S Unit 201
- 1820 1st Ave S Unit 207
- 1820 1st Ave S Unit 102
- 1820 1st Ave S Unit 303
- 2021 3rd Ave S
- 2218 Nicollet Ave Unit 22
- 111 E Franklin Ave Unit 323
- 111 E Franklin Ave Unit 322
- 111 E Franklin Ave Unit 321
- 111 E Franklin Ave Unit 320
- 111 E Franklin Ave Unit 319
- 111 E Franklin Ave Unit 318
- 111 E Franklin Ave Unit 315
- 111 E Franklin Ave Unit 314
- 111 E Franklin Ave Unit 313
- 111 E Franklin Ave Unit 312
- 111 E Franklin Ave Unit 311
- 111 E Franklin Ave Unit 310
- 111 E Franklin Ave Unit 309
- 111 E Franklin Ave Unit 307
- 111 E Franklin Ave Unit 302
- 111 E Franklin Ave Unit 301
- 111 E Franklin Ave Unit 223
- 111 E Franklin Ave Unit 222
- 111 E Franklin Ave Unit 221
- 111 E Franklin Ave Unit 220