111 Franklin Ave SW Watertown, MN 55388
Estimated payment $2,198/month
Highlights
- Popular Property
- No HOA
- Living Room
- Watertown-Mayer Elementary School Rated 9+
- 2 Car Attached Garage
- Laundry Room
About This Home
Welcome to 111 Franklin Avenue SW in the heart of Watertown! This spacious one-level home offers four bedrooms and two bathrooms, with a flexible layout and bright, open living spaces. The main level features great natural light throughout the living, dining, and kitchen areas, along with main-level laundry and three comfortable bedrooms. A three-season porch off the dining area provides the perfect spot to enjoy Minnesota’s spring, summer, and fall. The finished lower level includes a large family room with a gas fireplace, a second full kitchen, a fourth bedroom, a second laundry area, and a private entrance through the garage—ideal for a guest suite, or potential rental use. Recent updates include a new roof in 2020 and a new air conditioning unit in 2024. Outside, a maintenance-free deck overlooks a spacious, flat backyard. A versatile property with thoughtful features and a convenient location in charming Watertown.
Open House Schedule
-
Sunday, November 23, 202511:00 to 11:30 am11/23/2025 11:00:00 AM +00:0011/23/2025 11:30:00 AM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,248
Year Built
- Built in 1980
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 66x156
Parking
- 2 Car Attached Garage
Home Design
- Flex
Interior Spaces
- 1-Story Property
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Block Basement Construction
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- City Lts Of Watertown Subdivision
Listing and Financial Details
- Assessor Parcel Number 850500340
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,098 | $343,200 | $80,000 | $263,200 |
| 2024 | $3,866 | $325,000 | $70,000 | $255,000 |
| 2023 | $3,858 | $318,000 | $70,000 | $248,000 |
| 2022 | $3,564 | $323,400 | $57,100 | $266,300 |
| 2021 | $3,336 | $237,500 | $47,600 | $189,900 |
| 2020 | $3,398 | $239,500 | $47,600 | $191,900 |
| 2019 | $3,426 | $228,100 | $45,300 | $182,800 |
| 2018 | $3,284 | $228,100 | $45,300 | $182,800 |
| 2017 | $2,908 | $204,900 | $41,200 | $163,700 |
| 2016 | $2,948 | $181,400 | $0 | $0 |
| 2015 | $1,321 | $169,300 | $0 | $0 |
| 2014 | $1,321 | $146,500 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $349,900 | +105.8% | $134 / Sq Ft | |
| 07/12/2013 07/12/13 | Sold | $170,000 | -6.8% | $66 / Sq Ft | View Prior Sale |
| 05/29/2013 05/29/13 | Pending | -- | -- | -- | |
| 01/14/2013 01/14/13 | For Sale | $182,500 | -- | $71 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Executive Title Teylor | |
| Deed | $270,000 | Exective Title Taylor | |
| Warranty Deed | $170,000 | Watermark Title Agency | |
| Deed | $270,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $256,500 | New Conventional | |
| Closed | $256,500 | No Value Available |
Source: NorthstarMLS
MLS Number: 6818312
APN: 85.0500340
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.
- xxx Stevens St SW
- 604 White St SW Unit 35
- 604 White St SW
- 605 Stevens St SW Unit 43
- 408 Franklin Ave SW
- 313 Angel Ave SW
- 412 Angel Ave SW
- 600 Jefferson Ave SW
- 417 Lewis Ave N
- 115 Riverside Terrace Dr Unit 115
- 13265 Highway 25 SW
- 29 Riverside Terrace Dr Unit 29
- 829 Reo Rd
- 120 Riverside Terrace Dr Unit 102
- 85 Riverside Terrace Dr Unit 85
- 160 Wildwood Cir Unit 160
- 1316 Balsam Ln
- 673 Hawthorne Ln
- XXX Newton Ave SE
- 653 Hawthorne Ln
- 405-407 River St S
- 35 Granite Ln
- 515 1st St N
- 524 Emerson Ave N
- 32 E Lake St
- 6900 Crosby Ct
- 6301 Bayridge Rd
- 438 Lake Trail
- 233 S Olive St
- 3345 Eagle Bluff Rd
- 4701 Kings Point Rd
- 334 W 5th St
- 416 S Olive St
- 800 Meadow Lake Place
- 5789 Sunset Rd
- 2100 Old School Rd Unit 108
- 5600 Grandview Blvd
- 2479-2501 Commerce Blvd
- 5585 Orchard Cove
- 2360 Commerce Blvd