NOT LISTED FOR SALE

2425 E Franklin Ave Unit 204 Minneapolis, MN 55406

Seward Neighborhood

Estimated Value: $130,000 - $155,000

1 Bed
1 Bath
750 Sq Ft
0.65 Acre Lot

Sale Details

Date Sold: March 18, 2024

Last sale price $140,000 $187 Per Sq Ft

Current estimated payment $1,234 / mo

11 Days on Market

Highlights

  • 28,358 Sq Ft lot
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances
  • Deck
  • Community Garden
  • 1-minute walk to Merwyn Triangle Park

About This Home

As of March 2024

Fresh and new! Excellent opportunity to move into this completely remodeled unit in a convenient Seward location. Spacious 1 Bedroom corner unit floorplan includes walk-in closet, private east-facing deck and utility storage. Efficient kitchen with all new appliances packs a storage punch with pantry/cabinets! Everything has been thoughtfully redone by professional contractor - see list of extensive upgrades in the supplements. Well-managed, financially strong association (no special assessments in its history). Bldg not FHA approved, owner occupancy required for 2 years before renting. Neighborly community! HOA includes USI fiber, Security building with heated, indoor parking, free laundry, separate walk-in storage closet, common deck with grill and garden. Cats allowed, sorry no pet dogs. Walk to everything! Urban location close to the River, transit, restaurants, arts, shops, downtown, universities.

Last Agent to Sell the Property

Jonna Kosalko

Coldwell Banker Realty - Lakes Brokerage Phone: 612-695-3136 Listed on: 02/17/2024

Coldwell Banker Realty - Lakes

Co-Listed By

Barbara Davis

Coldwell Banker Realty - Lakes Brokerage Phone: 612-695-3136

Last Buyer's Agent

Michael DeLong

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1982

Lot Details

  • 0.65

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Deck
  • Few Trees

Listing and Financial Details

  • Assessor Parcel Number 3602924120200

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • Bailey Enterprises Association, Phone Number (651) 224-5482
  • High-Rise Community
  • Condo 0494 Metroplace Condo Subdivision

Amenities

  • Community Garden
  • Community Deck or Porch
  • Laundry Facilities
  • Lobby

Building Details

  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,609

Year Built

Built in 1982

Lot Details

0.65 Acres

HOA Fees

$313 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, Hallways 42"+, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Common Garden, Deck, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 750
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Attribution Contact: 612-695-3136
  • Attribution Contact: 612-695-3136
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 750
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Walk In Closet, Deck
  • Shared Rooms: Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Flat, Rubber
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Seward
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Assigned, Concrete, Garage Door Opener, Heated Garage, Parking Garage

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 651-224-5482
  • Association Fee: 313
  • Association: Yes
  • Amenities Unit: Deck,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Walk-In Closet

Association/Amenities

  • HOA Management Co: Bailey Enterprises

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: CONDO
  • Lot Size Sq Ft: 28357.56
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3602924120200
  • Tax Annual Amount: 1609
  • TaxWithAssessments: 1609.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 18, 2024
Sold by
Bought by
Seller's Agent
Jonna Kosalko
Coldwell Banker Realty - Lakes
Buyer's Agent
Michael DeLong
Bridge Realty, LLC
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Views
25
Current Estimated Value
$139,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$391
Avg. Annual Appreciation
-0.12%
Original Mortgage
$133,000
Outstanding Balance
$129,603
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$10,006

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 9, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Burnet Title
-- None Listed On Document
$54,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $133,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $140,000 +3.7% $187 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $135,000 -- $180 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,012 $130,000 $10,000 $120,000
2024 $1,465 $130,000 $10,000 $120,000
2023 $1,397 $130,000 $7,000 $123,000
2022 $1,550 $144,000 $7,000 $137,000
2021 $1,502 $134,500 $7,000 $127,500
2020 $1,403 $134,500 $5,400 $129,100
2019 $1,274 $120,000 $5,400 $114,600
2018 $1,160 $109,000 $5,400 $103,600
2017 $971 $88,500 $5,400 $83,100
2016 $945 $85,000 $5,400 $79,600
2015 $761 $69,500 $5,400 $64,100
2014 -- $69,500 $5,400 $64,100
Source: Public Records

Agents Affiliated with this Home

  • Jonna Kosalko

    Seller's Agent in 2024

    Jonna Kosalko

    Coldwell Banker Burnet

    (612) 695-3136

    7 in this area

    213 Total Sales

    Jonna Kosalko
    Section Image
  • Barbara Davis

    Seller Co-Listing Agent in 2024

    Barbara Davis

    Coldwell Banker Burnet

    (612) 554-0994

    4 in this area

    131 Total Sales

    Barbara Davis
    Section Image

  • M

    Buyer's Agent in 2024

    Michael DeLong

    Bridge Realty, LLC

    (612) 750-7925

    1 in this area

    35 Total Sales

    Michael DeLong
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6469903

NorthstarMLS

APN: 36-029-24-12-0200

Minnesota Hennepin County Minneapolis 55406 Seward

2425 E Franklin Ave Unit 204, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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