NOT LISTED FOR SALE

2425 E Franklin Ave Unit 207 Minneapolis, MN 55406

Seward Neighborhood

Estimated Value: $121,000 - $144,000

1 Bed
1 Bath
690 Sq Ft
$305/ mo HOA Fee

Last Sold September 11, 2024

Last sale price $112,000 $162 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,096/month

88 Days on Market

Highlights

  • Deck
  • Living Room
  • Guest Parking
  • Walk-In Closet
  • No Interior Steps
  • 1-minute walk to Merwyn Triangle Park

About This Home

As of September 2024

Live in a great location in this south-facing Seward condo. Solid HOA, solid building. Unit offers updated kitchen, private deck with access to the common deck, wood floors, new patio door and good storage. Secure building features indoor parking, guest parking, free laundry on each floor, and common second floor deck. Unit comes with one parking stall and one storage space. Close to U of M, both downtowns, loads of shops, restaurants and the co-op with easy access to freeways and transit.

Last Agent to Sell the Property

Juley Speed

Edina Realty, Inc. Listed on: 06/12/2024

Edina Realty, Inc.

Last Buyer's Agent

Member Non

NON MEMBER FILE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1982

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking
  • Parking Garage Space

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 3602924120203

Community Details

Overview

  • Association fees include cable TV, controlled access, hazard insurance, lawn care, ground maintenance, shared amenities, snow removal, water
  • Bailey Enterprises Association, Phone Number (651) 224-5482
  • High-Rise Condominium
  • Metroplace Condominiums Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Building Details

  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,368

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$305 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Deck, Security
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 690
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator
  • Living Area: 690
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Walk In Closet, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Seward
  • PatioPorchType: Composite Decking,Covered,Deck

Garage/Parking

  • Parking Features: Garage Door Opener, Guest Parking, Heated Garage, Parking Garage

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Shared Amenities, Snow Removal, Water
  • Phone: 651-224-5482
  • Association Fee: 305
  • Association: Yes
  • Amenities Unit: Patio,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: Common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3602924120203
  • Tax Annual Amount: 1368
  • TaxWithAssessments: 1368.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Sep 6, 2024
Sold by
Ferris Lori
Bought by
The Eric W Martens And Stacy A Martens R
Seller's Agent
Juley Speed
Edina Realty, Inc.
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$132,500
Sold Price
$112,000
Premium/Discount to List
-$20,500
-15.47%
Views
49
Current Estimated Value
$128,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,132
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Nov 4, 2013
Sold by
Obrien Patricia
Bought by
Ferris Lory L
Source: Public Records
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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
The Eric W Martens And Stacy A Martens R $112,000 --
Ferris Lory L $73,000 Burnet Title
Ferris Lory L $73,000 Burnet Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2024 09/11/24 Sold $112,000 -3.0% $162 / Sq Ft
08/13/2024 08/13/24 Price Changed $115,500 -7.6% $167 / Sq Ft
07/09/2024 07/09/24 Price Changed $125,000 -5.7% $181 / Sq Ft
06/14/2024 06/14/24 For Sale $132,500 -- $192 / Sq Ft
Source: NorthstarMLS

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 $1,407 $136,000 $7,000 $129,000
2021 $1,364 $125,000 $6,000 $119,000
2020 $1,270 $125,000 $5,000 $120,000
2019 $1,153 $111,500 $5,000 $106,500
2018 $1,047 $101,500 $5,000 $96,500
2017 $872 $82,500 $5,000 $77,500
2016 $851 $79,500 $5,000 $74,500
2015 $712 $65,000 $5,000 $60,000
2014 -- $65,000 $5,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Juley Speed

    Seller's Agent in 2024

    Juley Speed

    Edina Realty, Inc.

    (612) 986-3478

    3 in this area

    90 Total Sales

    Juley Speed
    Section Image

  • M

    Buyer's Agent in 2024

    Member Non

    NON MEMBER FILE

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Map

Source: NorthstarMLS

MLS Number: 6542164

NorthstarMLS

APN: 36-029-24-12-0203

Minnesota Hennepin County Minneapolis 55406 Seward

2425 E Franklin Ave Unit 207, Minneapolis, MN

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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