318 W Franklin Ave Minneapolis, MN 55404
Stevens Square Neighborhood
5
Beds
3.5
Baths
3,531
Sq Ft
10,019
Sq Ft Lot
Highlights
- 2 Fireplaces
- No HOA
- Living Room
- Bonus Room
- Stainless Steel Appliances
- Forced Air Heating and Cooling System
About This Home
As of July 2025Perched atop a private hill in one of Minneapolis’ most walkable and architecturally rich neighborhoods, this extraordinary residence offers a rare blend of timeless character and artistic allure. With the potential to span over 4,600 square feet, the home is a testimony to fine craftsmanship, natural light, and enduring beauty. From the moment you step inside, you're greeted by stunning wood floors, soaring ceilings, and an abundance of windows that bathe the home in warm, natural light. Every detail tells a story—from the handcrafted staircase to the inviting nooks and alcoves that add both function and flair. Entertain with ease in the spacious, formal dining room—an elegant setting perfect for hosting gatherings, holidays, and special occasions. Additionally, the kitchen offers a warm and inviting eat-in space. The living room features elegant pocket doors, offering optional privacy and cozy warmth in the winter months when the fireplace is on—creating a perfect setting for relaxation or intimate gatherings. One of the home’s most cherished spaces is the summer kitchen—a nod to its historic roots—reimagined as a versatile mudroom, gear hub, game room, or casual hangout. The newly added library room is a striking and flexible space, perfect as a reading sanctuary or converted into a main-level bedroom with an adjacent 3⁄4 bath. Upstairs, the primary suite features a spacious dressing room. The second floor also includes four additional bedrooms on one level, offering exceptional convenience and flow for family living. The upper levels reveal even more surprises—an attic transformed into a serene office or bedroom, complete with a claw-foot tub bathroom, workout area, and playful retreat. The “shoe soles” installation, crafted by a local artist who once called this home, brings an unexpected and whimsical touch. Storage is abundant, with an expansive unfinished basement offering even more potential. Completing the experience is a thoughtfully placed sauna—perfect for warming up as the snow falls outside and the city lights shimmer in the distance.The home includes an oversized one-car garage, with generous space in front for additional off-street parking—an uncommon convenience in this sought-after location.Set just one mile west of Lake of the Isles with immediate access to bike trails, lakes, and the very best of city living—Loring Park, the Walker Art Center, the Sculpture Garden, Wedge Co-op, and countless restaurants and shops at Harmon Place—this home delivers the perfect mix of peaceful seclusion and urban convenience. With proximity to major highways and downtown Minneapolis, the location is unbeatable. A one-of-a-kind residence where history, artistry, and opportunity meet—this is a home to be experienced.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,974
Year Built
- Built in 1900
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 100x158
- Partially Fenced Property
- Wood Fence
Parking
- 1 Car Garage
Interior Spaces
- 3,531 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Living Room
- Bonus Room
- Play Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Ridgewood Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2702924331110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2025
Closed on
Jul 18, 2025
Sold by
Lunden Wallace E and Lunden Carly Amanda
Bought by
Deseranno Dante
Seller's Agent
Brittney Sullivan
Compass
Buyer's Agent
Daniel Desrochers
eXp Realty
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.59%
Original Mortgage
$550,000
Outstanding Balance
$550,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$86,800
Purchase Details
Closed on
Jul 21, 2020
Sold by
Brackney Love Charles R and Hines Love Brent
Bought by
Lunden Wallace E and Lunden Carly Amanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,150
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2015
Sold by
318 Franklin Llc
Bought by
Brackney Charles R and Hines Brent A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2013
Sold by
Zimmer Charleen
Bought by
318 Franklin Llc
Purchase Details
Closed on
Feb 12, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 24, 2013
Sold by
Miksic Olga
Bought by
Citimortgage Inc
Purchase Details
Closed on
Jul 1, 2003
Sold by
Bueide David
Bought by
Miksic Olga
Similar Homes in Minneapolis, MN
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 | $630,000 | Edgewater Title | |
| Warranty Deed | $497,000 | Executive Title | |
| Warranty Deed | $410,000 | Titlesmart Inc | |
| Warranty Deed | -- | Titlenexus Llc | |
| Limited Warranty Deed | -- | None Available | |
| Sheriffs Deed | $308,017 | -- | |
| Sheriffs Deed | $308,016 | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | New Conventional | |
| Previous Owner | $472,150 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $200,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $630,000 | -3.1% | $178 / Sq Ft |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | For Sale | $650,000 | +3.2% | $184 / Sq Ft |
| 04/30/2025 04/30/25 | Off Market | $630,000 | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $650,000 | -- | $184 / 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 |
|---|---|---|---|---|
| 2023 | $6,974 | $528,000 | $408,000 | $120,000 |
| 2022 | $6,895 | $498,000 | $408,000 | $90,000 |
| 2021 | $6,654 | $497,500 | $408,000 | $89,500 |
| 2020 | $7,211 | $497,500 | $128,700 | $368,800 |
| 2019 | $7,077 | $497,500 | $123,900 | $373,600 |
| 2018 | $6,535 | $474,000 | $123,900 | $350,100 |
| 2017 | $6,698 | $435,000 | $112,600 | $322,400 |
| 2016 | $6,832 | $429,600 | $112,600 | $317,000 |
| 2015 | -- | $325,000 | $129,800 | $195,200 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Brittney Sullivan
Compass
(612) 840-6208
1 in this area
85 Total Sales
-
A
Seller Co-Listing Agent in 2025
Adam Sullivan
Compass
(612) 770-2119
1 in this area
101 Total Sales
-
Buyer's Agent in 2025
Daniel Desrochers
eXp Realty
(612) 554-4773
1 in this area
1,731 Total Sales
-
Buyer Co-Listing Agent in 2025
Chase Lomas
eXp Realty
(952) 994-0508
1 in this area
63 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6706395
APN: 27-029-24-33-1110
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 2017 Grand Ave S
- 232 W Franklin Ave Unit 302
- 232 W Franklin Ave Unit 205
- 222 Ridgewood Ave
- 1920 Pillsbury Ave S
- 222 Groveland Ave
- 317 Groveland Ave Unit 305
- 317 Groveland Ave Unit 106
- 317 Groveland Ave Unit 300
- 317 Groveland Ave Unit 514
- 317 Groveland Ave Unit 700
- 410 Groveland Ave Unit 601
- 410 Groveland Ave
- 410 Groveland Ave Unit 1203
- 400 Groveland Ave Unit 1810
- 400 Groveland Ave Unit 1808
- 1800 Lasalle Ave Unit 104
- 1800 Lasalle Ave Unit 106
- 301 Oak Grove St Unit 305
- 301 Oak Grove St Unit 205