NOT LISTED FOR SALE

15 E Franklin Ave Unit 418 Minneapolis, MN 55404

Whittier Neighborhood

Estimated Value: $172,000 - $219,000

1 Bed
1 Bath
800 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $193,800 $242 Per Sq Ft

Current estimated payment $1,587/month

21 Days on Market

Highlights

  • Building Security
  • Vaulted Ceiling
  • Home Gym
  • Deck
  • Wood Flooring
  • 4-minute walk to Stevens Square Park

About This Home

As of September 2020

Make your friends and family jealous with the best view of downtown Minneapolis you will ever see. This amazing home is within walking distance of the best that Minneapolis has to offer, like Eat Street and many other historic downtown attractions. Not only do you get an amazing view from your private balcony but the home also features hardwood floors, stainless steel appliances, granite countertops, tile backsplash, high vaulted ceilings, and a full-sized washer & dryer.

Last Listed By

Kevin Schmid

RE/MAX Results Listed on: 07/22/2020

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 2006

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 263x235
  • Irregular Lot

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Subterranean Parking
  • Heated Garage

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Home Gym
  • Wood Flooring

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3402924120225

Community Details

Overview

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

Additional Features

  • Elevator
  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,454

Year Built

Built in 2006

Lot Details

0

HOA Fees

$328 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
  • Association Amenities: Elevator(s), Security Building
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 800.00
  • Above Grade Finished Area Search: 800.00
  • Above Grade Finished Sq Ft: 800.00
  • 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
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 7863
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 800.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 800.00
  • Main Level Area Units: Square Feet
  • Minneapolis Community Names: Powderhorn
  • Parcel Numbers: 3402924120225
  • Rental License: No
  • Restrictions Type: Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Weight/Height Limit
  • Stories Type: One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Shared Room: Exercise Room
  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Eat In Kitchen
  • Family Room Features: Main Level
  • Bathroom Type: Main Floor Full Bath
  • Living Area: 800.00
  • Fireplace: No
  • Stories: 1

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, Professional Mgmt, Sanitation, Shared Amenities, Snow/Lawn Care, Water/Sewer
  • Association Fee: 328.00

Association/Amenities

  • Association Fee Yn: Yes
  • Property Amenities: Ceiling Fan(s), Deck, Exercise Room, Hardwood Floors, Kitchen Window, Main Floor Master Bedroom, Master Bedroom Walk-In Closet, Vaulted Ceiling(s), Walk-In Closet, 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 Features: Irregular Lot
  • 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 418
  • Tax Amount: 2454.00
  • Tax Year: 2020
  • Tax With Assessments: 2454.00
  • Assessor Parcel Number: 3402924120225

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
Jul 22, 2020
Closed on
Sep 1, 2020
Sold by
Welter Samuel
Bought by
Soria Luis Sebastian Lopez
Seller's Agent
Kevin Schmid
RE/MAX Results
Buyer's Agent
Benjamin Johnson
Keller Williams Realty Integrity Lakes
List Price
$199,999
Sold Price
$193,800
Premium/Discount to List
-$6,199
-3.1%
Total Days on Market
21
Current Estimated Value
$194,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648
Avg. Annual Appreciation
0.37%
Original Mortgage
$145,350
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2016
Sold by
Younker Jared A
Bought by
Welter Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2012
Closed on
Aug 22, 2012
Sold by
Lupe Property Company Llc
Bought by
Younker Jared A
Seller's Agent
Mike Seebinger
DRG
List Price
$159,900
Sold Price
$156,000
Premium/Discount to List
-$3,900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$148,200
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2012
Sold by
Eat Street Flats Llc
Bought by
Lupe Property Company Llc

Range of Values:

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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
Soria Luis Sebastian Lopez $193,800 Title Mark Llc
Welter Samuel $166,000 Tradition Title
Younker Jared A $156,000 Burnet Title
Lupe Property Company Llc -- None Available
Lopez Soria Luis Luis $193,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soria Luis Sebastian Lopez $145,350
Previous Owner Welter Samuel $153,000
Previous Owner Younker Jared A $148,200
Closed Lopez Soria Luis Luis $145,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $193,800 -3.1% $242 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $199,999 +28.2% $250 / Sq Ft
08/24/2012 08/24/12 Sold $156,000 -2.4% $212 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $159,900 -- $217 / 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 $2,167 $166,000 $10,000 $156,000
2022 $2,675 $182,000 $10,000 $172,000
2021 $2,346 $193,000 $10,000 $183,000
2020 $2,458 $193,000 $8,200 $184,800
2019 $2,536 $187,500 $8,200 $179,300
2018 $2,629 $187,500 $8,200 $179,300
2017 $2,158 $160,000 $8,200 $151,800
2016 $2,162 $156,000 $8,200 $147,800
2015 $2,271 $156,000 $8,200 $147,800
2014 -- $149,000 $8,200 $140,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5627688

NorthstarMLS

APN: 34-029-24-12-0225