$187,000
SOLD DEC 6, 2024

2425 E Franklin Ave Unit 411 Minneapolis, MN 55406

Seward Neighborhood
2 Beds
1 Bath
1,040 Sq Ft
$459/mo HOA Fee

Recently Sold

$180 Per Sq Ft

4% Above List Price

18 Days on Market

Highlights

  • City View
  • Deck
  • Community Garden
  • 28,358 Sq Ft lot
  • Home Gym
  • 1-minute walk to Merwyn Triangle Park

About This Home

As of December 2024

Unit 411 - A sunny & spacious 2BR/1BA in a great top floor spot in the building. Near the laundry, this corner unit has west-facing exposure, private deck with peekaboo skyline view. The unit features a great floorplan with plenty of kitchen workspace and storage galore, including owner's bedroom wall of closets, 2nd bedroom with walk-in closet. Freshly painted, all new stainless steel kitchen appliances, new carpet, and LVP in the kitchen. Well-managed and financially strong active association. No special assessments in its history. Security building with heated indoor parking and bike racks, FREE shared laundry on each floor, separate dedicated walk-in storage unit on same floor. Fitness room, 2nd floor common deck and community garden with gas grill. On a bus line and walkable to everything you need on Seward's main street including restaurants, co-op, grocery and entertainment. Easy location - Close to 94, light rail, Greenway, Mississippi River, Augsburg, U of M and M Health. See rules for rental/pet policies (up to 2 cats as pets, sorry no dogs). USI fiber internet included in the monthly HOA fee!

Last Agent to Sell the Property

Jonna Kosalko

Coldwell Banker Realty Brokerage Phone: 612-695-3136 Listed on: 10/23/2024

Coldwell Banker Realty

Co-Listed By

Barbara Davis

Coldwell Banker Realty Brokerage Phone: 612-695-3136

Last Buyer's Agent

Seanne Thomas

ABC Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1982

HOA Fees

  • $459 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking
  • Secure Parking

Home Design

  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room
  • Home Gym
  • City Views

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 3602924210467

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

  • Community Garden
  • Coin Laundry
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,890

Year Built

Built in 1982

Lot Details

0

HOA Fees

$459 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, Coin-op Laundry Owned, Common Garden, Deck, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,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, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1040
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Utility Room, Walk In Closet, Deck
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Flat, Rubber
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Seward
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Concrete, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Garage, Secured, Tuckunder Garage

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Electric
  • Power Company: Xcel Energy

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: 459
  • Association: Yes
  • Amenities Unit: City View,Deck,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,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
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3602924210467
  • Tax Annual Amount: 1890
  • TaxWithAssessments: 1890.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 4, 2024
Sold by
Trust Of George A Dendias and Dendias George A
Bought by
Bailey Colleen
Seller's Agent
Jonna Kosalko
Coldwell Banker Realty
Buyer's Agent
Seanne Thomas
ABC Realty, LLC
List Price
$179,900
Sold Price
$187,000
Premium/Discount to List
$7,100
3.95%
Views
54
Current Estimated Value
$190,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,327
Avg. Annual Appreciation
-0.75%
Original Mortgage
$149,600
Outstanding Balance
$149,344
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$36,791
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 Type Sale Price Title Company
Deed $187,000 Titlesmart
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,600 New Conventional
Previous Owner $42,933 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $187,000 +3.9% $180 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $179,900 -- $173 / Sq Ft
Source: NorthstarMLS

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 $1,890 $165,000 $10,000 $155,000
2022 $2,328 $183,000 $10,000 $173,000
2021 $2,252 $186,500 $9,000 $177,500
2020 $2,164 $186,500 $7,500 $179,000
2019 $1,994 $166,500 $7,500 $159,000
2018 $1,838 $151,500 $7,500 $144,000
2017 $1,581 $123,000 $7,500 $115,500
2016 $1,550 $118,000 $7,500 $110,500
2015 $1,210 $97,000 $7,500 $89,500
2014 -- $97,000 $7,500 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6604559

NorthstarMLS

APN: 36-029-24-21-0467