Seller's Agent in 2025
Nate Lansing
RES Realty
(612) 499-2769
1 in this area
44 Total Sales
2425 E Franklin Ave Unit 409 Minneapolis, MN 55406
Seward Neighborhood
2
Beds
1
Bath
1,046
Sq Ft
$440/mo
HOA Fee
Highlights
- 28,358 Sq Ft lot
- Elevator
- 1-Story Property
- Home Gym
- Living Room
- 1-minute walk to Merwyn Triangle Park
About This Home
As of August 2025Awesome 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.
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2025
Closed on
Aug 13, 2025
Sold by
Lyons Jeremy D
Bought by
Duncan Emily and Duncan Christine
Seller's Agent
Nate Lansing
RES Realty
Buyer's Agent
Robert Roop
eXp Realty
List Price
$190,000
Sold Price
$171,000
Premium/Discount to List
-$19,000
-10%
Views
163
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$71,000
Outstanding Balance
$70,939
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$100,914
Purchase Details
Closed on
Nov 15, 2021
Sold by
Betlach Jennifer A
Bought by
Lyons Jeremy D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 7, 2005
Sold by
Gieseke Bryan
Bought by
Lyons Jeremy D and Betlach Jennifer A
Purchase Details
Closed on
Feb 27, 1995
Sold by
Magna Funding Corp
Bought by
Gieseke Bryan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $171,000 | Watermark Title | |
| 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 | $71,000 | New Conventional | |
| Previous Owner | $137,600 | New Conventional | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $171,000 | -0.6% | $163 / Sq Ft |
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | Price Changed | $172,000 | -9.5% | $164 / Sq Ft |
| 06/23/2025 06/23/25 | For Sale | $190,000 | -- | $182 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,771 | $149,000 | $10,000 | $139,000 |
| 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
Agents Affiliated with this Home
-
Nate Lansing
-
Robert Roop
R
Buyer's Agent in 2025
Robert Roop
eXp Realty
(651) 246-0006
1 in this area
7 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6743332
APN: 36-029-24-12-0222
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