$99,900
SOLD AUG 2, 2013

2425 2425 E Franklin Ave Minneapolis, MN 55406

Seward Neighborhood
2 Beds
1 Bath
995 Sq Ft
0.65 Acres

Recently Sold

$100 Per Sq Ft

63 Days on Market

Highlights

  • 0.65 Acre Lot
  • Property is near public transit
  • 1 Car Attached Garage
  • Deck
  • Elevator
  • 1-minute walk to Merwyn Triangle Park

About This Home

As of June 2014

Great Seward location! Quiet corner 2BR/1BA with southern exposure, spacious rooms & closets. Free laundry, storage unit, heated garage, strong association. Walk to arts & restaurants, Light Rail, the River. Close to both downtowns, U of M, everything!

Last Agent to Sell the Property

Fran Davis

Coldwell Banker Burnet Listed on: 05/06/2013

Co-Listed By

Barbara Davis

Coldwell Banker Burnet

Last Buyer's Agent

Jonna Kosalko

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1982

HOA Fees

  • $309 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 995 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Wheelchair Access
  • Deck
  • 0.65 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3602924120207

Community Details

Overview

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

Amenities

  • Community Deck or Porch
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,509

Year Built

Built in 1982

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC High Rise 4+ Level
  • Ada Features: Partially Wheelchair
  • Amenities: Garage Door Opener, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.65
  • Construction: Previously Owned
  • Foundation Size: 995
  • Parcel Number: 3602924120207
  • Projected Closed Date: 07/29/2013
  • Street Designation: Avenue
  • Taxes With Assessments: 1509
  • Unit: 302
  • Comp Dev Subdiv Name: Metroplace Condominiums
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 19x12, On Level: Main
  • Room 2: Dining Room, 8x7, On Level: Main
  • Room 4: Kitchen, 10x8, On Level: Main
  • Room 5: Bedroom, 16x10, On Level: Main
  • Room 6: Bedroom, 11x13, On Level: Main
  • Room 9: Deck, 14x07, On Level: Main
  • Finished Above Grade Sq Ft: 995
  • Total Fin Square Footage: 995

Exterior Features

  • Frontage Road: City, Sidewalk
  • Exterior: Brick, 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: Deck, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 309

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: CONDO
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2013
  • Tax Value: 1509

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
$128,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,612
Avg. Annual Appreciation
4.93%
Original Mortgage
$78,000
Outstanding Balance
$60,229
Interest Rate
4.14%
Estimated Equity
$72,951
Source: Public Records

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Range of Values:

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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
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,600 Credit Line Revolving
Closed $10,000 No Value Available
Open $78,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
12/09/2013 12/09/13 Pending -- -- --
11/08/2013 11/08/13 Sold $73,000 +1.4% $106 / Sq Ft
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
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
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: 4473541

REALTOR® Association of Southern Minnesota

APN: 36-029-24-12-0204