Landlord's Agent in 2024
Tim Carson
DRG
(612) 978-7385
1 Total Sale
1826 Franklin Ave SE Minneapolis, MN 55414
Prospect Park NeighborhoodEstimated Value: $269,000 - $395,000
3
Beds
2
Baths
1,680
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Baseboard Heating
- Porch
- Central Air
- 4-minute walk to Chergosky Park
About This Home
As of March 2024Prospect Park newly renovated 3BR, 2BA home with classic 1912 charm, smart updates & 2-stall garage! You'll love the original wood trim and hardwood floors, huge fenced-in back yard, large deck, and central A/C. In the kitchen you'll find granite countertops, tons of cabinetry, gas oven and slate tile. Updates include completely remodeled basement, new electrical wiring, 3/4 bathroom in basement, new insulation and windows in basement, new kitchen appliances, and newly painted walls. Live in a signature neighborhood steps from The Witch's Tower, and near the U of M, the riverfront, and major highways. Tenant responsible for utilities except water/sewer trash. Tenant responsible for lawn mowing if needed. Application fee is $78 per adult occupant; Admin Fee: $150.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,046
Year Built
- Built in 1912
Lot Details
- 6,970
Parking
- 2 Car Garage
Home Design
- Shake Siding
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Porch
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
- Boiler Heating System
Community Details
- No Home Owners Association
- Prospect Park Heights Add Subdivision
Listing and Financial Details
- Property Available on 2/1/24
- Tenant pays for cable TV, gas, heat, trash collection
- Assessor Parcel Number 3002923430123
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2017
Sold by
Schwarze Thomas C and Schwarze Lacy
Bought by
Maier Carolyn
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,375
Outstanding Balance
$170,173
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$161,717
Purchase Details
Closed on
Aug 31, 2007
Sold by
Saame Brian J and Saame Tamika M
Bought by
Schwarze Thomas C and Schwarze Kurt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2001
Sold by
Ruzicka Maria A
Bought by
Saame Brian J and Saame Tamiko M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maier Carolyn | $272,500 | Edina Realty Title Inc | |
| Schwarze Thomas C | $222,500 | -- | |
| Saame Brian J | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maier Carolyn | $204,375 | |
| Previous Owner | Schwarze Kurt M | $133,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Rented | $2,495 | 0.0% | -- |
| 01/29/2024 01/29/24 | For Rent | $2,495 | -- | -- |
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 | $4,046 | $310,000 | $142,000 | $168,000 |
| 2022 | $3,950 | $310,000 | $133,000 | $177,000 |
| 2021 | $3,652 | $285,000 | $102,000 | $183,000 |
| 2020 | $3,595 | $273,000 | $91,800 | $181,200 |
| 2019 | $3,703 | $248,000 | $88,800 | $159,200 |
| 2018 | $3,228 | $248,000 | $88,800 | $159,200 |
| 2017 | $3,466 | $217,500 | $80,700 | $136,800 |
| 2016 | $3,062 | $208,500 | $80,700 | $127,800 |
| 2015 | $3,216 | $208,500 | $80,700 | $127,800 |
| 2014 | -- | $181,500 | $70,300 | $111,200 |
Source: Public Records
Agents Affiliated with this Home
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-
P
Landlord's Co-Listing Agent in 2024
Patrick Carson
DRG
(612) 254-0149
1 in this area
176 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6482431
APN: 30-029-23-43-0123
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