NOT LISTED FOR SALE

232 W Franklin Ave Unit 205 Minneapolis, MN 55404

Stevens Square Neighborhood

Estimated Value: $153,000 - $204,000

1 Bed
1 Bath
956 Sq Ft
$365/mo HOA Fee

Last Sold August 20, 2021

Last sale price $160,000 $167 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,497/month

28 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • 1-Story Property
  • Heated Garage
  • Car Wash Area

About This Home

As of August 2021

Open & spacious unit with wood burning fireplace, large deck & brand new carpet. This units potential is limited only by your imagination. In-unit laundry, heated underground parking & storage unit are rarely available at this price! Communal rooftop deck.

Last Listed By

Timothy Sheetz

RE/MAX Results Listed on: 06/18/2021

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1982

Lot Details

  • 0.34

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal, water
  • Gassen Companies Association, Phone Number (952) 922-5575
  • Low-Rise Condominium
  • Condo 0285 Franklin Hill Condo Subdivision
  • Car Wash Area

Listing and Financial Details

  • Assessor Parcel Number 2702924340086

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,712

Year Built

Built in 1982

Lot Details

0

HOA Fees

$365 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Deck, Security
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 956
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 956
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • SqFtTotal: 956.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Flat
  • Fencing: None
  • Neighborhood: Steven's Square - Loring Heights

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Asphalt, Garage Door Opener, Heated Garage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-922-5575
  • Association Fee: 365
  • Association: Yes

Association/Amenities

  • HOA Management Co: Gassen Companies

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 14984.64
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 2702924340086
  • Tax Annual Amount: 1712
  • TaxWithAssessments: 1712.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 20, 2021
Sold by
Haslerud Marian E
Bought by
Hatt Stuart Matthew John
Seller's Agent
Timothy Sheetz
RE/MAX Results
Buyer's Agent
Wade Ryan
Re/Max Advantage Plus
List Price
$168,000
Sold Price
$160,000
Premium/Discount to List
-$8,000
-4.76%
Total Days on Market
28
Current Estimated Value
$174,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,398
Avg. Annual Appreciation
1.51%
Original Mortgage
$128,000
Outstanding Balance
$118,732
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$50,438

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
Hatt Stuart Matthew John $160,000 Edgewater Title Group Llc
Hatt-Stuart Matthew Matthew $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatt Stuart Matthew John $128,000
Closed Hatt-Stuart Matthew Matthew $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $160,000 -2.9% $167 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $164,750 -1.9% $172 / Sq Ft
06/18/2021 06/18/21 For Sale $168,000 -- $176 / 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 $1,975 $171,000 $10,000 $161,000
2022 $1,851 $175,000 $8,000 $167,000
2021 $1,712 $180,000 $8,000 $172,000
2020 $1,676 $174,500 $7,000 $167,500
2019 $1,491 $163,000 $7,000 $156,000
2018 $1,339 $148,000 $7,000 $141,000
2017 $1,079 $120,500 $7,000 $113,500
2016 $1,065 $117,500 $7,000 $110,500
2015 $1,119 $117,500 $7,000 $110,500
2014 -- $114,500 $7,000 $107,500
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6011363

NorthstarMLS

APN: 27-029-24-34-0086