NOT LISTED FOR SALE

402 W Franklin Ave Minneapolis, MN 55405

Stevens Square Neighborhood

Estimated Value: $573,000 - $737,000

5 Beds
4 Baths
4,389 Sq Ft
$151/Sq Ft Est. Value

About This Home

This home is located at 402 W Franklin Ave, Minneapolis, MN 55405 and is currently estimated at $663,667, approximately $151 per square foot. 402 W Franklin Ave is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Meldahl Travis Craddock
Bought by
2457 Lyndale Llc
Current Estimated Value
$663,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$132,987
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$542,013

Purchase Details

Closed on
Jul 8, 2021
Sold by
Meldahl John C and Meldahl Deborah
Bought by
Meldahl Travis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$132,987
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$542,013

Purchase Details

Closed on
Jun 5, 2020
Sold by
Meldahl Terri Tang
Bought by
Meldahl Travis Craddock and Meldahl Travis Tang

Purchase Details

Closed on
Aug 7, 2002
Sold by
Duncan Thelma N
Bought by
Meldahl Travis C

Purchase Details

Closed on
Nov 16, 2000
Sold by
Duncan Thelma M
Bought by
Meldahl Travis C and Meldahl John C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
2457 Lyndale Llc -- Land Title Inc
Meldahl Travis C -- Land Title Inc
Meldahl Travis Craddock -- None Available
Meldahl Travis C $135,000 --
Meldahl Travis C $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2457 Lyndale Llc $400,000
Previous Owner Meldahl Travis C $115,000
Closed Meldahl Travis C --
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 $8,590 $537,000 $252,000 $285,000
2022 $8,579 $507,000 $257,000 $250,000
2021 $8,250 $505,000 $221,000 $284,000
2020 $9,085 $505,000 $77,200 $427,800
2019 $8,483 $505,000 $67,000 $438,000
2018 $7,874 $459,000 $67,000 $392,000
2017 $8,051 $421,200 $60,900 $360,300
2016 $7,624 $386,000 $60,900 $325,100
2015 $7,355 $354,500 $60,900 $293,600
2014 -- $318,500 $70,400 $248,100
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55403 Stevens Square

402 W Franklin Ave, Minneapolis, MN

This home is located at 402 W Franklin Ave, Minneapolis, MN 55405 and is currently estimated at $663,667, approximately $151 per square foot. 402 W Franklin Ave is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

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