NOT LISTED FOR SALE

2425 2425 E Franklin Ave Minneapolis, MN 55406

Seward Neighborhood

Estimated Value: $116,000 - $152,000

1 Bed
1 Bath
700 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $78,000 $111 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,059/month

44 Days on Market

Highlights

  • Building Security
  • Deck
  • Elevator
  • 0.65 Acre Lot
  • Community Garden
  • 1-minute walk to Merwyn Triangle Park

About This Home

As of June 2014

Welcome home to this south-facing, nicely located condo! Step outside to the light rail or the #2 bus line spanning b/w Uptown & the UofM. Grill out & enjoy dinner on the lrg deck out your back door. This open floor plan allows the sun to fill every room.

Last Agent to Sell the Property

Shae Hanson

Keller Williams Integrity Realty Listed on: 04/23/2014

Co-Listed By

Blake Hanson

Keller Williams Integrity Realty

Last Buyer's Agent

Timothy Tolaas

C.U.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 1982

Lot Details

  • 0.65

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 700 Sq Ft Home
  • Combination Dining and Living Room
  • Fire Sprinkler System

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Wheelchair Access
  • Deck
  • 0.65 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 3602924120204

Community Details

Overview

  • Association fees include exterior maintenance, shared amenities, snow removal, trash, water
  • High-Rise Condominium

Amenities

  • Community Garden
  • Community Deck or Porch
  • Elevator

Security

  • Building Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$676

Year Built

Built in 1982

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC High Rise 4+ Level
  • Ada Features: Partially Wheelchair
  • Amenities: Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.65
  • Construction: Previously Owned
  • Foundation Size: 700
  • Parcel Number: 3602924120204
  • Projected Closed Date: 06/26/2014
  • Street Designation: Avenue
  • Taxes With Assessments: 676.18
  • Unit: 208
  • Comp Dev Subdiv Name: Metroplace Condominiums
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x12, On Level: Main
  • Room 2: Dining Room, 13x8, On Level: Main
  • Room 4: Kitchen, 10x8, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Main
  • Room 9: Deck, 13x6, On Level: Main
  • Finished Above Grade Sq Ft: 700
  • Total Fin Square Footage: 700

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Metal, Wood
  • Roof: Flat, Rubber

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Wall
  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal, Trash, Water
  • Shared: Common Garden, Deck, Elevator(s), Fire Sprinkler System, Security Building
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 224

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: COMMON

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2014
  • Tax Value: 676

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jun 26, 2014
Sold by
Martin Bernabe Bernabe
Bought by
Boley Caitlin Caitlin
Seller's Agent
Shae Hanson
Keller Williams Integrity Realty
Buyer's Agent
Timothy Tolaas
C.U.Realty
List Price
$75,000
Sold Price
$78,000
Premium/Discount to List
$3,000
4%
Current Estimated Value
$135,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,587
Avg. Annual Appreciation
5.01%
Original Mortgage
$78,000
Outstanding Balance
$59,368
Interest Rate
4.14%
Estimated Equity
$76,219
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
Boley Caitlin Caitlin $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boley Caitlin Caitlin $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2014 06/26/14 Sold $78,000 +4.0% $111 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $75,000 -27.2% $107 / Sq Ft
12/27/2013 12/27/13 Sold $103,000 +41.1% $103 / Sq Ft View Prior Sale
12/09/2013 12/09/13 Pending -- -- --
11/08/2013 11/08/13 Sold $73,000 +1.4% $106 / Sq Ft View Prior Sale
10/29/2013 10/29/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $72,000 -39.9% $104 / Sq Ft
08/15/2013 08/15/13 For Sale $119,900 +20.0% $120 / Sq Ft
08/02/2013 08/02/13 Sold $99,900 0.0% $100 / Sq Ft View Prior Sale
07/08/2013 07/08/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $99,900 -- $100 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,400 $126,000 $10,000 $116,000
2023 $1,368 $128,000 $7,000 $121,000
2022 $1,205 $122,000 $7,000 $115,000
2021 $1,169 $111,500 $6,000 $105,500
2020 $1,082 $111,500 $5,000 $106,500
2019 $976 $99,500 $5,000 $94,500
2018 $877 $90,500 $5,000 $85,500
2017 $738 $73,500 $5,000 $68,500
2016 $734 $70,500 $5,000 $65,500
2015 $635 $58,000 $5,000 $53,000
2014 -- $58,000 $5,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4606734

REALTOR® Association of Southern Minnesota

APN: 36-029-24-12-0204