1719 W Franklin Ave Minneapolis, MN 55405
Lowry Hill NeighborhoodEstimated Value: $2,193,000 - $5,264,000
4
Beds
6
Baths
6,883
Sq Ft
$638/Sq Ft
Est. Value
Highlights
- Lake View
- Community Indoor Pool
- Home Office
- Deck
- No HOA
- 3-minute walk to Kenwood Park
About This Home
As of September 2022Stunning contemporary landmark with commanding Lake of the Isles views, set on an irreplaceable 0.75 acre site with beautifully landscaped grounds. Architect designed to take advantage of natural light and views, the main level is centered on its high ceilinged, glass walled great room, which opens directly onto manicured lawns. There are 3 generous bedrooms on the second floor, as well as a large study which could be used as a 4th bedroom. The primary suite with lake facing bedroom includes a sun-filled office, as well as expansive private bath and closets. This level also includes a private apartment with its own kitchenette and living area, as well as large private roof terrace. Additional amenities include elevator, wine room, 2nd level laundry, attached 3-car garage with ½ bath, generator, lake-facing screened porch, 2nd level decking, extensive storage, and lower level resistance pool. Truly an incredible work of art!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $57,670
Year Built
- Built in 1997
Lot Details
- 0.75
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Flat Roof Shape
Interior Spaces
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Sitting Room
- Home Office
- Home Gym
- Lake Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
- Boiler Heating System
Additional Features
- Air Exchanger
- Deck
- 0.75 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 3302924210106
Community Details
Overview
- No Home Owners Association
- Lake Of The Isles Add Subdivision
Recreation
- Community Indoor Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Aug 26, 2022
Sold by
Estate Of Julia W Dayton
Bought by
485 Llc
Seller's Agent
Barry Berg
Coldwell Banker Realty
Buyer's Agent
Debbie McNally
Lakes Sotheby's International
List Price
$4,850,000
Sold Price
$5,100,000
Premium/Discount to List
$250,000
5.15%
Total Days on Market
0
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$705,333
Avg. Annual Appreciation
-5.29%
Original Mortgage
$3,315,000
Outstanding Balance
$3,162,611
Interest Rate
4.13%
Mortgage Type
Balloon
Estimated Equity
$1,232,056
Purchase Details
Listed on
May 13, 2022
Closed on
Aug 22, 2022
Sold by
Dayton Julia W
Bought by
485 Llc
Seller's Agent
Barry Berg
Coldwell Banker Realty
Buyer's Agent
Debbie McNally
Lakes Sotheby's International
List Price
$4,850,000
Sold Price
$5,100,000
Premium/Discount to List
$250,000
5.15%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,315,000
Outstanding Balance
$3,162,611
Interest Rate
4.13%
Mortgage Type
Balloon
Estimated Equity
$1,232,056
Create a Home Valuation Report for This Property
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Similar Homes in Minneapolis, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 485 Llc | $5,100,000 | -- | |
| 485 Llc | $5,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 485 Llc | $3,315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2022 09/01/22 | Sold | $5,100,000 | +5.2% | $741 / Sq Ft |
| 05/10/2022 05/10/22 | Pending | -- | -- | -- |
| 05/10/2022 05/10/22 | For Sale | $4,850,000 | -- | $705 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $57,198 | $3,675,000 | $1,784,000 | $1,891,000 |
| 2022 | $58,436 | $3,527,000 | $1,784,000 | $1,743,000 |
| 2021 | $55,557 | $3,487,500 | $1,784,000 | $1,703,500 |
| 2020 | $60,274 | $3,487,500 | $1,699,700 | $1,787,800 |
| 2019 | $61,911 | $3,487,500 | $1,480,300 | $2,007,200 |
| 2018 | $59,467 | $3,487,500 | $1,480,300 | $2,007,200 |
| 2017 | $60,779 | $3,321,500 | $1,345,700 | $1,975,800 |
| 2016 | $61,104 | $3,241,500 | $1,345,700 | $1,895,800 |
| 2015 | $64,049 | $3,241,500 | $1,345,700 | $1,895,800 |
| 2014 | -- | $3,087,000 | $1,261,000 | $1,826,000 |
Source: Public Records
Agents Affiliated with this Home
-
Barry Berg
Seller's Agent in 2022
Barry Berg
Coldwell Banker Burnet
(612) 670-3600
15 in this area
202 Total Sales
-
Chad Larsen
Seller Co-Listing Agent in 2022
Chad Larsen
Coldwell Banker Burnet
(612) 925-8411
16 in this area
205 Total Sales
-
Debbie McNally
Buyer's Agent in 2022
Debbie McNally
Lakes Sotheby's International
(612) 388-1790
9 in this area
78 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6179992
APN: 33-029-24-21-0106
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