NOT LISTED FOR SALE

15 E Franklin Ave Unit 408 Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $126,628 - $196,000

1 Bed
1 Bath
550 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $145,000 $264 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,167/month

141 Days on Market

Highlights

  • Subterranean Parking
  • Heated Garage
  • 4-minute walk to Stevens Square Park
  • Forced Air Heating and Cooling System

About This Home

As of November 2017

Enjoy a relaxing moment on your private patio overlooking the sunsets over downtown Minneapolis. Wake up to the same great views through the huge windows in your master bedroom! In unit laundry, underground parking, bike rack and storage locker included

Last Listed By

Joe Grunnet

DRG Listed on: 06/20/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 2006

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 263x235

HOA Fees

  • $169 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Subterranean Parking
  • Heated Garage

Home Design

  • 550 Sq Ft Home
  • Property Attached
  • Stone Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include building exterior, hazard insurance, outside maintenance, parking space, professional mgmt, sanitation, shared amenities, snow/lawn care, water/sewer
  • First Service Residential Association
  • Eat Street Flats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402924120217

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,094

Year Built

Built in 2006

Lot Details

0

HOA Fees

$169 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: Elevator
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 550.00
  • Above Grade Finished Area Search: 550.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Carport Y N: No
  • Co Listing Association Office S K: 5027
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 6
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5027
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 550.00
  • Living Area Finished Units: Square Feet
  • Minneapolis Community Names: Powderhorn
  • Parcel Numbers: 3402924120217
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Shared Room: Amusement/Party Room, Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: 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, Parking Space, Professional Mgmt, Sanitation, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 169.00

Association/Amenities

  • Association Fee Yn: Yes

Schools

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

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: 263x235
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 1.2210
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: CIC NO 1567 EAT STREET FLATS CONDO UNIT NO 408
  • Tax Amount: 2094.00
  • Tax Year: 2017
  • Tax With Assessments: 2094.00
  • Assessor Parcel Number: 3402924120217

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
Jun 20, 2017
Closed on
Nov 17, 2017
Sold by
Mcclellan Robert Jeremy and Mcclellan Miranda
Bought by
Bansal Rahul and Bansal Komal
Seller's Agent
Joe Grunnet
DRG
Buyer's Agent
Dylan Bode
Latitude Realty, LLC
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Total Days on Market
141
Current Estimated Value
$160,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,407
Avg. Annual Appreciation
1.36%
Original Mortgage
$116,000
Outstanding Balance
$98,579
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$61,828

Purchase Details

Closed on
May 27, 2009
Sold by
Eat Street Flats Llc
Bought by
Mccellan Robert Jeremy

Range of Values:

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Average Value
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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
Bansal Rahul $145,000 Title Nexus Llc
Mccellan Robert Jeremy $153,105 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bansal Rahul $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $145,000 0.0% $264 / Sq Ft
11/10/2017 11/10/17 Rented $1,225 0.0% --
11/08/2017 11/08/17 Pending -- -- --
10/16/2017 10/16/17 Price Changed $1,250 -7.4% $2 / Sq Ft
10/10/2017 10/10/17 For Rent $1,350 0.0% --
10/03/2017 10/03/17 For Sale $149,900 0.0% $273 / Sq Ft
09/28/2017 09/28/17 Off Market $1,350 -- --
09/25/2017 09/25/17 Pending -- -- --
09/15/2017 09/15/17 Price Changed $149,900 -6.3% $273 / Sq Ft
08/09/2017 08/09/17 Price Changed $159,900 0.0% $291 / Sq Ft
08/08/2017 08/08/17 Price Changed $1,350 -3.2% $2 / Sq Ft
07/18/2017 07/18/17 For Rent $1,395 0.0% --
07/10/2017 07/10/17 Price Changed $162,400 -1.5% $295 / Sq Ft
06/20/2017 06/20/17 For Sale $164,900 0.0% $300 / Sq Ft
08/01/2015 08/01/15 Rented $1,295 0.0% --
06/04/2015 06/04/15 For Rent $1,295 +3.6% --
07/01/2012 07/01/12 Rented $1,250 0.0% --
06/01/2012 06/01/12 Under Contract -- -- --
05/21/2012 05/21/12 For Rent $1,250 -- --
Source: NorthstarMLS

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 $1,762 $135,000 $8,000 $127,000
2022 $2,315 $154,000 $8,000 $146,000
2021 $2,227 $167,000 $8,000 $159,000
2020 $2,341 $166,500 $6,100 $160,400
2019 $2,411 $161,500 $6,100 $155,400
2018 $2,269 $161,500 $6,100 $155,400
2017 $2,094 $136,000 $6,100 $129,900
2016 $2,107 $132,500 $6,100 $126,400
2015 $2,212 $132,500 $6,100 $126,400
2014 -- $124,500 $6,100 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4844836

NorthstarMLS

APN: 34-029-24-12-0217