NOT LISTED FOR SALE

1527 W Franklin Ave Minneapolis, MN 55405

Ventura Village Neighborhood

Estimated Value: $1,231,000 - $1,557,000

6 Beds
5 Baths
4,515 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $800,000 $177 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,229/month

150 Days on Market

Highlights

  • 0.34 Acre Lot
  • Corner Lot
  • Fireplace
  • Property is near public transit
  • Formal Dining Room
  • Patio

About This Home

As of February 2014

The Queen of Lowry Hill, publicly offered for the 1st time in 3 decades. Designed & built in the 19th century classic style, the home has been totally updated, improved & freshly painted. 6BR/5BA, 4500 sq ft, sited on nearly a double city lot.

Last Agent to Sell the Property

William Hood

Coldwell Banker Burnet Listed on: 07/29/2013

Co-Listed By

Sarah Balestri

Coldwell Banker Burnet

Last Buyer's Agent

Dean Eichaker

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,655

Year Built

  • Built in 1883

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 89x155x104
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 4,515 Sq Ft Home
  • Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Patio
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 3302924210009

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,655

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.34
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1810
  • Parcel Number: 3302924210009
  • Projected Closed Date: 02/28/2014
  • Stories: 2.25 - 2.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 19655
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 6
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 5
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 5
  • Room 1: Living Room, 14.5x29, On Level: Main
  • Room 2: Dining Room, 15x14.5, On Level: Main
  • Room 4: Kitchen, 15.5x10, On Level: Main
  • Room 5: Bedroom, 16x14, On Level: Upper
  • Room 6: Bedroom, 12x13, On Level: Upper
  • Room 7: 10.5x15, On Level: Upper
  • Room 8: Bedroom, 14x12, On Level: Upper
  • Room 9: Dining Room, 08x14, On Level: Main
  • Room 10: Sunroom/Solarium, 10x20.5, On Level: Main
  • Room 11: Sunroom/Solarium, 10x20.5, On Level: Upper
  • Room 12: Den/Office, 13x07, On Level: Upper
  • Room 13: Bedroom, 13x07, On Level: Third Floor
  • Room 14: Bedroom, 19x15, On Level: Third Floor
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 4515
  • Total Fin Square Footage: 4515

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 89x155x104
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1883

Tax Info

  • Year: 2013
  • Tax Value: 19655

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2020
Sold by
Hollander Jeffrey and Tongson Hollander Kristin
Bought by
Haywood Russell Lyle and Russell Lyle Haywood Living Tr
Current Estimated Value
$1,405,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$855,050
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$617,963

Purchase Details

Closed on
Feb 28, 2018
Sold by
Hanson Katherine Marie
Bought by
Hanson Katherine and Katherine Hanson Trust

Purchase Details

Closed on
Aug 25, 2017
Sold by
Hanson Aaron David
Bought by
Hanson Katherine Malrie

Purchase Details

Listed on
Jul 29, 2013
Closed on
Feb 28, 2014
Sold by
Larson Philip S and Larson Miriam R
Bought by
Hollander Jeffrey and Tongson Hollander Kristin
Seller's Agent
William Hood
Coldwell Banker Burnet
Buyer's Agent
Dean Eichaker
Edina Realty, Inc.
List Price
$950,000
Sold Price
$800,000
Premium/Discount to List
-$150,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$560,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Haywood Russell Lyle $1,280,000 Pillar Title Services
Hanson Katherine -- None Available
Hanson Katherine Malrie -- None Available
Hollander Jeffrey $800,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haywood Russell Lyle $960,000
Previous Owner Hollander Jeffrey $137,200
Previous Owner Hollander Jeffrey $560,000
Previous Owner Larson Philip S $140,000
Previous Owner Larson Philip S $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $800,000 -15.8% $177 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $950,000 -- $210 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $18,869 $1,236,000 $544,000 $692,000
2022 $18,324 $1,190,000 $544,000 $646,000
2021 $15,692 $1,133,000 $504,000 $629,000
2020 $16,605 $1,024,000 $524,400 $499,600
2019 $17,073 $1,004,000 $468,300 $535,700
2018 $15,877 $1,004,000 $468,300 $535,700
2017 $15,332 $907,500 $425,700 $481,800
2016 $14,218 $825,000 $425,700 $399,300
2015 $14,907 $825,000 $425,700 $399,300
2014 -- $958,500 $400,200 $558,300
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    William Hood

    Coldwell Banker Burnet

  • S

    Seller Co-Listing Agent in 2014

    Sarah Balestri

    Coldwell Banker Burnet

  • D

    Buyer's Agent in 2014

    Dean Eichaker

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4513462

REALTOR® Association of Southern Minnesota

APN: 33-029-24-21-0009

Minnesota Hennepin County Minneapolis 55404 Ventura Village

1527 W Franklin Ave, Minneapolis, MN

This home is located at 1527 W Franklin Ave, Minneapolis, MN 55405 since 29 July 2013 and is currently estimated at $1,405,296, approximately $311 per square foot. This property was built in 1883. 1527 W Franklin Ave is a home located in Hennepin County with nearby schools including Andersen United Middle School, South Senior High School, and Aurora Charter 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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