NOT LISTED FOR SALE

1407 Franklin Ave SE Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $427,000 - $528,000

3 Beds
3 Baths
2,195 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 1407 Franklin Ave SE, Minneapolis, MN 55414 and is currently estimated at $488,610, approximately $222 per square foot. 1407 Franklin Ave SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Slotnick Thomas and Freher Paul
Bought by
Limbach Meghan and Limbach Spencer
Current Estimated Value
$488,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,187
Outstanding Balance
$379,842
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$93,516

Purchase Details

Closed on
Jan 13, 2022
Sold by
Freher Paul C and Freher Thomas C
Bought by
Limbach Meghan M and Limbach Spencer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,187
Outstanding Balance
$379,842
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$93,516

Purchase Details

Closed on
Dec 12, 2017
Sold by
Obonben Llc
Bought by
Siotnik Thomas C and Freher Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
East River Mews Llc
Bought by
Oak Holdings Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Limbach Meghan $450,000 --
Limbach Meghan M $450,000 Burnet Title
Siotnik Thomas C $405,000 Edina Realty Title Inc
Oak Holdings Llc $496,871 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limbach Meghan $407,187
Closed Limbach Meghan M $407,187
Previous Owner Siotnik Thomas C $110,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $5,848 $448,000 $62,000 $386,000
2022 $5,807 $448,000 $46,300 $401,700
2021 $5,604 $419,000 $46,300 $372,700
2020 $5,891 $419,000 $46,300 $372,700
2019 $5,819 $407,000 $46,300 $360,700
2018 $5,499 $391,500 $46,300 $345,200
2017 $5,495 $350,000 $46,300 $303,700
2016 $5,878 $369,600 $46,300 $323,300
2015 $5,913 $350,000 $46,300 $303,700
2014 -- $328,000 $46,300 $281,700
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55414 Prospect Park

1407 Franklin Ave SE, Minneapolis, MN

This home is located at 1407 Franklin Ave SE, Minneapolis, MN 55414 and is currently estimated at $488,610, approximately $222 per square foot. 1407 Franklin Ave SE is a home located in Hennepin County with nearby schools including Pratt Community School, Northeast Middle School, and Thomas Edison High School.

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.

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