$190,000

2425 E Franklin Ave Unit 409 Minneapolis, MN 55406

Seward Neighborhood

Estimated payment $1,645/month

Total Views 11,037
2 Beds
1 Bath
1,046 Sq Ft
$182 Price per Sq Ft

Highlights

  • 28,358 Sq Ft lot
  • Elevator
  • 1-Story Property
  • Home Gym
  • Living Room
  • 1-minute walk to Merwyn Triangle Park

About This Home

Awesome top floor condo in the heart of the Seward neighborhood. Great location, walkable to the Seward Coop, the River, U of M, Augsberg, and more. You'll love the updated kitchen with new countertops, flooring, and stainless steel appliances. The two bedrooms are bright and have huge closets. The secure building includes heated indoor parking, FREE laundry, 2nd floor community deck, and exercise room. Don't miss the great condo in a super convenient location.

Listing Agent

Nate Lansing

RES Realty Listed on: 06/23/2025

RES Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1982

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Home Design

  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 1,046 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Gym

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 3602924120222

Community Details

Overview

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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,749

Year Built

Built in 1982

Lot Details

0

HOA Fees

$440 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: Deck, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1046
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Freezer, Range, Refrigerator
  • Living Area: 1046
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Flat, Rubber
  • Neighborhood: Seward

Garage/Parking

  • Parking Features: Heated Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Internet, Maintenance Grounds, Parking, Professional Mgmt, Shared Amenities, Snow Removal
  • Phone: 651-224-5482
  • Association Fee: 440
  • Association: Yes
  • Amenities Unit: Exercise Room,Primary Bedroom Walk-In Closet

Association/Amenities

  • HOA Management Co: Bailey Enterprises

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • 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)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3602924120222
  • Tax Annual Amount: 1749
  • TaxWithAssessments: 1749.0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,749 $155,000 $10,000 $145,000
2022 $2,467 $172,000 $10,000 $162,000
2021 $2,381 $178,000 $9,000 $169,000
2020 $2,305 $178,000 $7,200 $170,800
2019 $2,157 $159,000 $7,200 $151,800
2018 $2,028 $144,500 $7,200 $137,300
2017 $1,825 $118,500 $7,200 $111,300
2016 $1,960 $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

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $190,000 -- $182 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Executive Title
Warranty Deed $153,700 --
Warranty Deed $57,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,600 New Conventional
Previous Owner $110,000 New Conventional
Previous Owner $22,200 Unknown
Closed -- No Value Available
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6743332

NorthstarMLS

APN: 36-029-24-12-0222