NOT LISTED FOR SALE

15 E Franklin Ave Unit 409 Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $191,000 - $219,000

1 Bed
1 Bath
850 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $195,000 $229 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,572/month

88 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Kitchen Island
  • 4-minute walk to Stevens Square Park

About This Home

As of December 2020

Over $15k in upgrades in this top floor south facing 1 bedroom PLUS DEN condo. Enjoy top floor living with higher (10’) ceilings and tree top views. Fresh and fabulous unit with brand new (installed July 2020) flooring in living/dining and new carpeting in den and bedroom. Relax on your balcony with morning coffee or evening glass of wine. Entertain guests in front of your lovely gas fireplace. Don’t miss the in unit washer/dryer, custom top/down shades, custom kitchen backsplash and custom master bedroom closet system! Located on Eat Street and conveniently located to restaurants, shops, arts and entertainment, bus lines and highway access. Close proximity to both Downtown and Uptown Minneapolis. At Eat Street Flats you are never far from where you want to be. Pet friendly building, underground heated parking, additional storage and building offers exercise room. Come by for a look!

Last Listed By

Jessica Miceli

Edina Realty, Inc. Listed on: 08/17/2020

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 2006

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 263x235

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Association fees include building exterior, hazard insurance, lawn care, outside maintenance, parking space, professional mgmt, sanitation, security system, shared amenities, snow removal, water/sewer
  • First Service Residential Association
  • Cic 1567 Eat Street Flats Cond Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 3402924120218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,017

Year Built

Built in 2006

Lot Details

0

HOA Fees

$293 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: Doors 36+, Elevator, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Power Company Name: Xcel Energy
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 850.00
  • Above Grade Finished Area Search: 850.00
  • Above Grade Finished Sq Ft: 850.00
  • Assessment Pending Y N: No
  • Association Management: First Service Residential
  • Management Company Phone: 952-277-2700
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 5099
  • Foundation Area Units: Square Feet
  • Garage Stall Unit Description: 65
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 5099
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 850.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 850.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Powderhorn
  • Parcel Numbers: 3402924120218
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Number Limit, Pets - Weight/Height Limit, Rental Restrictions May Apply
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Refrigerator, Washer
  • Dining Room Features: Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room
  • Living Area: 850.00
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

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

Garage/Parking

  • Parking Features: Assigned, Covered, Heated Garage, Insulated Garage, Underground Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Lawn Care, Outside Maintenance, Parking Space, Professional Mgmt, Sanitation, Security System, Shared Amenities, Snow Removal, Water/Sewer
  • Association Fee: 293.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Balcony, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Master Bedroom, Tile Floors, Washer/Dryer Hookup

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: No
  • Lot Size: 263x235
  • Homestead: Yes
  • 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 409
  • Tax Amount: 3017.00
  • Tax Year: 2020
  • Tax With Assessments: 3017.00
  • Assessor Parcel Number: 3402924120218

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
Aug 17, 2020
Closed on
Dec 15, 2020
Sold by
Lestrud Andrew K
Bought by
Truong Son
Seller's Agent
Jessica Miceli
Edina Realty, Inc.
Buyer's Agent
Liem Nguyen
TruHomes Realty LLC
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%
Total Days on Market
88
Current Estimated Value
$206,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,059
Avg. Annual Appreciation
1.26%
Original Mortgage
$185,250
Outstanding Balance
$167,087
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$38,972

Purchase Details

Closed on
Apr 12, 2012
Sold by
Metro Affordable Housing Llc
Bought by
Lestrud Andrew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Eat Street Flats Llc
Bought by
Metro Affordable Housing Llc

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 Buyer Sale Price Title Company
Truong Son $195,000 Title Choice Llc
Lestrud Andrew K $171,000 Burnet Title
Metro Affordable Housing Llc -- None Available
Truong Son Son $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Son $185,250
Previous Owner Lestrud Andrew K $153,900
Closed Truong Son Son $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $195,000 -2.5% $229 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $200,000 -4.8% $235 / Sq Ft
08/26/2020 08/26/20 For Sale $210,000 -- $247 / Sq Ft
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 $2,229 $189,000 $11,000 $178,000
2022 $2,981 $206,000 $11,000 $195,000
2021 $2,881 $230,000 $11,000 $219,000
2020 $3,022 $230,000 $9,000 $221,000
2019 $3,116 $223,500 $9,000 $214,500
2018 $2,896 $223,500 $9,000 $214,500
2017 $2,657 $190,000 $9,000 $181,000
2016 $2,669 $185,500 $9,000 $176,500
2015 $2,803 $185,500 $9,000 $176,500
2014 -- $177,500 $9,000 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5641635

NorthstarMLS

APN: 34-029-24-12-0218