NOT LISTED FOR SALE

2425 E Franklin Ave Unit 406 Minneapolis, MN 55406

Seward Neighborhood

Estimated Value: $169,000 - $176,946

2 Beds
1 Bath
1,046 Sq Ft
$164/Sq Ft Est. Value

About This Home

This home is located at 2425 E Franklin Ave Unit 406, Minneapolis, MN 55406 and is currently estimated at $171,982, approximately $164 per square foot. 2425 E Franklin Ave Unit 406 is a home located in Hennepin County with nearby schools including Andersen United Middle School, Dowling Elementary School, and South Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Johnson Rachel Red Cloud & Nathaniel Cra
Bought by
Leahy David
Current Estimated Value
$171,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$115,442
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$56,540

Purchase Details

Closed on
Jul 15, 2015
Sold by
Barum Jeffrey W and Barum Lori J
Bought by
Johnson Rachel Red Cloud and Johnson Nathaniel Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Barum Michelle J
Bought by
Barum Jeffrey W and Barum Lori J

Purchase Details

Closed on
Jun 17, 2009
Sold by
Juern Jeremy Scott
Bought by
Barum Michelle J

Purchase Details

Closed on
May 20, 2004
Sold by
Chinema Alfred
Bought by
Juern Jeremy and Juern Scott

Purchase Details

Closed on
Apr 20, 2004
Sold by
Wachovia Bank Na
Bought by
Chinema Alfred

Purchase Details

Closed on
Feb 26, 1997
Sold by
Magna Funding Corp
Bought by
Chinema Alfred
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Leahy David $155,000 Minnetonka Title
Johnson Rachel Red Cloud $126,000 Title Recording Services Inc
Barum Jeffrey W -- None Available
Barum Michelle J $150,000 --
Juern Jeremy $135,000 --
Chinema Alfred $50,750 --
Chinema Alfred $50,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leahy David $124,000
Previous Owner Johnson Rachel Red Cloud $119,700
Closed Chinema Alfred --
Source: Public Records

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 $1,777 $157,000 $10,000 $147,000
2022 $2,276 $174,000 $10,000 $164,000
2021 $2,201 $183,000 $9,000 $174,000
2020 $2,083 $183,000 $7,200 $175,800
2019 $1,909 $163,500 $7,200 $156,300
2018 $1,761 $148,500 $7,200 $141,300
2017 $1,863 $121,000 $7,200 $113,800
2016 $1,805 $113,500 $7,200 $106,300
2015 $1,561 $93,500 $7,200 $86,300
2014 -- $93,500 $7,200 $86,300
Source: Public Records

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