$148,950
SOLD FEB 20, 2014

15 E Franklin Ave Unit 406 Minneapolis, MN 55404

Whittier Neighborhood
2 Beds
2 Baths
1,043 Sq Ft
1.22 Acres

Recently Sold

$143 Per Sq Ft

37% Below List Price

78 Days on Market

Highlights

  • Building Security
  • Elevator
  • Forced Air Heating and Cooling System
  • Community Garden
  • Zero Lot Line
  • 4-minute walk to Stevens Square Park

About This Home

As of April 2021

Top floor condo in secured building. Best corner unit in the building with balcony & beautiful downtown view! Hardwood floors, granite counters. Underground secure parking. Great location, just 5 minutes from downtown & right in the heart of Eat Street!

Last Agent to Sell the Property

Linda Wallin

Renters Warehouse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 2006

HOA Fees

  • $291 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Home Design

  • 1,043 Sq Ft Home
  • Property Attached
  • Rubber Roof
  • Stone Siding

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Zero Lot Line
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3402924120216

Community Details

Overview

  • Association fees include building exterior, hazard insurance, outside maintenance, professional mgmt, sanitation, shared amenities, snow/lawn care, water/sewer
  • Cities Management Association
  • Eatstreet Flats & Market Subdivision
  • Rental Restrictions

Amenities

  • Community Garden
  • Elevator

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,520

Year Built

Built in 2006

Lot Details

0

HOA Fees

$291 per month

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 1.00
  • Accessibility Features: Wheelchair Ramp
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Elevator(s), Fire Sprinkler System, Lawn Sprinkler, Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1043.00
  • Above Grade Finished Area Search: 1043.00
  • Association Management: Cities Management
  • Management Company Phone: 612-381-8600
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 13551
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1043.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Powderhorn
  • Parcel Numbers: 3402924120216
  • Rental License: No
  • Restrictions Type: Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Rental Restrictions May Apply
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Dining Room Features: Eat In Kitchen
  • Bathroom Type: Main Floor Full Bath
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Rubber
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Underground Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Outside Maintenance, Professional Mgmt, Sanitation, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 291.00

Association/Amenities

  • Association Fee Yn: Yes

Schools

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Lot Info

  • Zoning: Residential-Multi-Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: Unknown
  • Lot Size: Common
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium, Zero Lot Line
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1567 Eat Street Flats Condo
  • Tax Amount: 3520.00
  • Tax Year: 2013
  • Tax With Assessments: 3520.00
  • Assessor Parcel Number: 3402924120216

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 1 - Minneapolis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 18, 2021
Sold by
Watkins Evan P and Watkins Ly P
Bought by
Farmer Douglas
Seller's Agent
Barb Kampf
Edina Realty, Inc.
Buyer's Agent
Jason Huerkamp
Keller Williams Preferred Rlty
List Price
$269,000
Sold Price
$272,000
Premium/Discount to List
$3,000
1.12%
Total Days on Market
78
Current Estimated Value
$241,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,341
Avg. Annual Appreciation
-2.85%
Original Mortgage
$100,000
Outstanding Balance
$21,175
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,484

Purchase Details

Listed on
Mar 25, 2014
Closed on
Apr 28, 2014
Sold by
Kayak Remodeling & Redevelopment Llc
Bought by
Watkins Evan P and Watkins Ly P
Seller's Agent
Terry Buchanan
Keller Williams Classic Realty
List Price
$199,900
Sold Price
$230,000
Premium/Discount to List
$30,100
15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$184,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2013
Closed on
Feb 20, 2014
Seller's Agent
Linda Wallin
Renters Warehouse
List Price
$235,000
Sold Price
$148,950
Premium/Discount to List
-$86,050
-36.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
884.22%
Original Mortgage
$111,713
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2013
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 26, 2012
Sold by
Steven Leddy
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jun 15, 2009
Sold by
Eat Street Flats Llc
Bought by
Leddy Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,399
Interest Rate
4.94%
Mortgage Type
FHA

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $272,000 Edina Realty Title Inc
Warranty Deed $230,000 Liberty Title Inc
Deed $149,000 --
Limited Warranty Deed -- Liberty Title Inc
Limited Warranty Deed -- None Available
Sheriffs Deed $252,703 --
Sheriffs Deed $252,703 None Available
Warranty Deed $264,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Purchase Money Mortgage
Previous Owner $184,000 New Conventional
Previous Owner $111,713 Purchase Money Mortgage
Previous Owner $148,950 No Value Available
Previous Owner $242,399 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $272,000 +1.1% $261 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $269,000 +17.0% $258 / Sq Ft
04/30/2014 04/30/14 Sold $230,000 +15.1% $221 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $199,900 +34.2% $192 / Sq Ft
02/20/2014 02/20/14 Sold $148,950 -36.6% $143 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $235,000 -- $225 / Sq Ft
Source: NorthstarMLS

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 $3,093 $237,000 $15,000 $222,000
2022 $3,673 $260,000 $15,000 $245,000
2021 $3,852 $265,000 $15,000 $250,000
2020 $4,051 $288,000 $11,600 $276,400
2019 $4,173 $279,500 $11,600 $267,900
2018 $3,921 $279,500 $11,600 $267,900
2017 $3,680 $239,000 $11,600 $227,400
2016 $3,801 $239,000 $11,600 $227,400
2015 $3,740 $224,000 $11,600 $212,400
2014 -- $211,500 $11,600 $199,900
Source: Public Records

Source: NorthstarMLS

MLS Number: NST4424123

NorthstarMLS

APN: 34-029-24-12-0216