$350,000
SOLD AUG 15, 2025

205 Franklin Ave SW Watertown, MN 55388

4 Beds
2 Baths
1,860 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

4% Above List Price

28 Days on Market

Highlights

  • Multiple Garages
  • No HOA
  • Living Room
  • Watertown-Mayer Elementary School Rated 9+
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2025

This beautifully updated 1950s 4-bedroom, 2-bathroom home blends classic charm with contemporary style. Inside, you'll find a thoughtfully renovated space that's been transformed to meet the needs of today's lifestyle.
Original hardwood floors in 2 main floor bedrooms have been refinished, adding warmth and character. Updated kitchen includes gleaming granite and beautiful tile backsplash! The lower level would make a great rental or mother-in-law apartment with separate entrance, kitchen, bathroom, laundry. The backyard extends the living space with a patio area and a yard for kids or pets complete with a detached garage on the backside of the property.
This home has an extensive list of updates. Almost every part of this home has been lovingly updated. Fabulous, move in ready!! Don't miss your chance to own this beauty - fully renovated, and ready for the next chapter.

Last Agent to Sell the Property

Suzanne Liesmaki

Edina Realty, Inc. Listed on: 07/18/2025

Edina Realty, Inc.

Last Buyer's Agent

Megan Carlsen

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 1958

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x156

Parking

  • 2 Car Attached Garage
  • Multiple Garages

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Additional Features

  • Breezeway
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • City Lts Of Watertown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 850500420

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,473

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 1160
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Full, Walkout
  • Appliances: Water Softener Owned
  • Living Area: 1860
  • Fireplace: No
  • Below Grade Finished Sq Ft: 700
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Breezeway, Kitchen- 2nd, Garage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Multiple Garages
  • Garage Square Feet: 676

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Watertown-Mayer
  • SchoolDistrictNumber: 111
  • SchoolDistrictPhone: 952-955-0480

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x156
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 850500420
  • Tax Annual Amount: 3473
  • TaxWithAssessments: 3508.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2010
Sold by
Lenz Frederick and Lenz Lester
Bought by
Andersen Jeffrey T and Andersen Danae N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,305
Interest Rate
4.36%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $132,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $44,500 Credit Line Revolving
Open $123,500 New Conventional
Closed $10,000 Commercial
Closed $137,305 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $44,100 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $350,000 +4.5% $188 / Sq Ft
07/18/2025 07/18/25 For Sale $335,000 -- $180 / 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
2025 $3,508 $287,800 $80,000 $207,800
2024 $3,318 $277,900 $70,000 $207,900
2023 $3,180 $272,500 $70,000 $202,500
2022 $2,818 $276,900 $57,100 $219,800
2021 $2,736 $199,900 $47,600 $152,300
2020 $2,786 $201,500 $47,600 $153,900
2019 $2,614 $191,900 $45,300 $146,600
2018 $2,456 $191,900 $45,300 $146,600
2017 $2,224 $172,700 $41,200 $131,500
2016 $2,258 $136,800 $0 $0
2015 $1,952 $125,300 $0 $0
2014 $1,952 $105,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6755313

NorthstarMLS

APN: 85.0500420