NOT LISTED FOR SALE

232 W Franklin Ave Unit 307 Minneapolis, MN 55404

Stevens Square Neighborhood

Estimated Value: $217,000 - $257,000

2 Beds
2 Baths
1,042 Sq Ft
$438/mo HOA Fee

Last Sold July 19, 2024

Last sale price $240,000 $230 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,953/month

34 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Family Room
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Chicly updated top-floor and vaulted 2B, 2BA condo unit conveniently located within walking distance of Uptown, Downtown, and Loring Park! Boasting a premium kitchen renovation with enameled cabinets, quartz counters, porcelain farm sink, dovetailed & soft-close drawers, ample storage, and an in-unit washer/dryer. The vaulted living room boasts a wood-burning fireplace, luxury vinyl plank flooring, and a west-facing balcony deck. Newer A/C and brand-new Marvin windows & patio door! Multiple flexible spaces including a formal dining room, and/or create the ultimate in-home office. Underground heated parking (stall #307). Enjoy grilling or lounging on the rooftop deck while soaking in views of Downtown and Uptown!

Last Agent to Sell the Property

Brian Carion

RE/MAX Advantage Plus Listed on: 06/12/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Jessica Kinsella

The Collective Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1982

Lot Details

  • 0.34

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2702924340096

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, 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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,906

Year Built

Built in 1982

Lot Details

0

HOA Fees

$438 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Security
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1042
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Living Area: 1042
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Neighborhood: Steven's Square - Loring Heights

Garage/Parking

  • Parking Features: Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-922-5575
  • Association Fee: 438
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Vaulted Ceiling(s)

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
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2702924340096
  • Tax Annual Amount: 2906
  • TaxWithAssessments: 2906.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 19, 2024
Sold by
Allen Emilia
Bought by
Strunc Rachel
Seller's Agent
Brian Carion
RE/MAX Advantage Plus
Buyer's Agent
Jessica Kinsella
The Collective Real Estate Services
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
4
Current Estimated Value
$237,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,606
Avg. Annual Appreciation
-0.90%

Purchase Details

Closed on
Nov 5, 2021
Sold by
Gangl Eric L
Bought by
Allen Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2018
Sold by
Gilman Christy L
Bought by
Gangl Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2008
Sold by
Khan Ishtiaq
Bought by
Gilman Christy L

Purchase Details

Closed on
Jul 30, 2004
Sold by
Strandquist Bradley A
Bought by
Hedstrom Elizabeth

Purchase Details

Closed on
Sep 24, 1997
Sold by
Miller Kevin E
Bought by
Wallen Christopher J and Wallen Jennifer S
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
Strunc Rachel $240,000 --
Allen Emilia $230,000 None Listed On Document
Gangl Eric L $195,000 Burnet Title
Gilman Christy L $179,000 --
Hedstrom Elizabeth $169,000 --
Wallen Christopher J $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Emilia $184,000
Previous Owner Gangl Eric L $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $240,000 0.0% $230 / Sq Ft
06/17/2024 06/17/24 Off Market $240,000 -- --
06/14/2024 06/14/24 For Sale $245,000 -- $235 / 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
2024 $3,073 $230,000 $11,000 $219,000
2023 $2,906 $237,000 $11,000 $226,000
2022 $2,869 $239,000 $9,000 $230,000
2021 $2,682 $207,000 $8,000 $199,000
2020 $2,718 $200,500 $7,700 $192,800
2019 $2,545 $187,500 $7,700 $179,800
2018 $2,396 $170,500 $7,700 $162,800
2017 $2,133 $138,500 $7,700 $130,800
2016 $1,802 $135,000 $7,700 $127,300
2015 $1,893 $135,000 $7,700 $127,300
2014 -- $131,500 $7,700 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6552286

NorthstarMLS

APN: 27-029-24-34-0096