501 Franklin Ave SW Watertown, MN 55388
Estimated Value: $324,000 - $327,000
3
Beds
2
Baths
1,470
Sq Ft
$221/Sq Ft
Est. Value
About This Home
This home is located at 501 Franklin Ave SW, Watertown, MN 55388 and is currently estimated at $325,407, approximately $221 per square foot. 501 Franklin Ave SW is a home located in Carver County with nearby schools including Watertown-Mayer Elementary School, Watertown-Mayer Middle School, and Watertown Mayer High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2017
Sold by
Klein Julie E and Klein Chad
Bought by
Derner Matthew J and Derner Susanne M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$165,132
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$160,275
Purchase Details
Closed on
Aug 31, 2012
Sold by
Schrupp Troy
Bought by
Quinn Julie E
Purchase Details
Closed on
Oct 7, 2005
Sold by
Schrupp Troy
Bought by
Quinn Julie E
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derner Matthew J | $210,000 | Burnet Title | |
| Quinn Julie E | -- | None Available | |
| Quinn Julie E | -- | None Available | |
| Schrupp Troy | $198,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derner Matthew J | $199,500 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $3,434 | $305,800 | $80,000 | $225,800 |
| 2024 | $3,336 | $290,200 | $70,000 | $220,200 |
| 2023 | $3,378 | $284,400 | $70,000 | $214,400 |
| 2022 | $2,964 | $292,400 | $59,400 | $233,000 |
| 2021 | $2,820 | $205,200 | $49,500 | $155,700 |
| 2020 | $2,872 | $206,800 | $49,500 | $157,300 |
| 2019 | $2,696 | $196,900 | $47,100 | $149,800 |
| 2018 | $2,554 | $196,900 | $47,100 | $149,800 |
| 2017 | $2,392 | $178,400 | $42,900 | $135,500 |
| 2016 | $2,430 | $147,500 | $0 | $0 |
| 2015 | $2,128 | $135,100 | $0 | $0 |
| 2014 | $2,128 | $115,500 | $0 | $0 |
Source: Public Records
Map
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