Franklin Lofts 111 E Franklin Ave Unit 308 Minneapolis, MN 55404
Whittier Neighborhood
2
Beds
1
Bath
1,056
Sq Ft
$741/mo
HOA Fee
Highlights
- Elevator
- Patio
- Storage Room
- Stainless Steel Appliances
- Living Room
- 4-minute walk to Washburn Fair Oaks Park
About This Home
As of March 2025Own a beautiful, contemporary loft in a historic building in the heart of the city! The Franklin Lofts building was built in 1950 as an Art Moderne office building and converted to lofts in 2004. Located on the 3rd/top floor, this light drenched unit combines industrial charm and sleek finishes like exposed ductwork and steel beams with hardwood floors and tall windows for warmth and comfort. Full bathroom has new fixtures, slate floors, vanity & sink. Primary suite features walk-in closet w/ organizers. Updated kitchen has stainless appliances, stone counters, tall cabinetry for maximum storage and function. In-unit laundry plus walk-in storage w/ more organizers. Two parking spaces, one inside the heated underground garage, one on a private lot, plus guest parking. Storage locker also included. Fantastic common outdoor space w/patio, grills. Close to the bus line, restaurants, shopping and more. Move right in!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,667
Year Built
- Built in 1950
HOA Fees
- $741 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
Interior Spaces
- 1,056 Sq Ft Home
- 1-Story Property
- Living Room
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Additional Parcels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 3402924120115
Community Details
Overview
- Association fees include maintenance structure, cable TV, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
- Cities Management Association, Phone Number (612) 381-8600
- Low-Rise Condominium
- Cic 1309 Franklin Lofts Condo Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2025
Closed on
Mar 7, 2025
Sold by
Swati Shripad Deo Trust and Deo Swati Shripad
Bought by
Vosen Traci and Vosen Donald
Seller's Agent
Leah Drury
Compass
Buyer's Agent
Leah Bailey
eXp Realty
List Price
$230,000
Sold Price
$230,000
Total Days on Market
41
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.33%
Purchase Details
Listed on
Apr 13, 2022
Closed on
Jun 24, 2022
Sold by
Grier William
Bought by
Deo Swati
Seller's Agent
Denise Mazone
Mazone Real Estate Group, Inc
Buyer's Agent
Amanda Buhman
Compass
List Price
$248,900
Sold Price
$240,000
Premium/Discount to List
-$8,900
-3.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%
Original Mortgage
$210,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 2022
Sold by
William Grier
Bought by
Swati Shripad Deo Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2020
Sold by
Finley Emily
Bought by
Grier William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,590
Interest Rate
2.7%
Mortgage Type
Stand Alone Second
Purchase Details
Listed on
Aug 12, 2016
Closed on
Oct 19, 2016
Sold by
Anderson Katherine M and Valko John C
Bought by
Finley Emily
Seller's Agent
Tom Crouch
RE/MAX Results
List Price
$219,900
Sold Price
$214,000
Premium/Discount to List
-$5,900
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$203,300
Interest Rate
3.47%
Mortgage Type
New Conventional
Map
About Franklin Lofts
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $223,235 | None Listed On Document | |
| Deed | $240,000 | -- | |
| Warranty Deed | $240,000 | None Listed On Document | |
| Warranty Deed | $237,900 | Edina Realty Title Inc | |
| Warranty Deed | $214,000 | Edina Realty Title Inc | |
| Deed | $237,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $233,590 | Stand Alone Second | |
| Previous Owner | $233,590 | FHA | |
| Previous Owner | $203,300 | New Conventional | |
| Previous Owner | $39,950 | Unknown | |
| Previous Owner | $167,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $233,590 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $230,000 | 0.0% | $218 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | For Sale | $230,000 | -4.2% | $218 / Sq Ft |
| 06/24/2022 06/24/22 | Sold | $240,000 | -3.6% | $227 / Sq Ft |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- |
| 04/13/2022 04/13/22 | For Sale | $248,900 | +16.3% | $236 / Sq Ft |
| 10/19/2016 10/19/16 | Sold | $214,000 | -2.7% | $203 / Sq Ft |
| 09/06/2016 09/06/16 | Pending | -- | -- | -- |
| 08/12/2016 08/12/16 | For Sale | $219,900 | -- | $208 / Sq Ft |
Source: NorthstarMLS
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 | $2,667 | $220,000 | $12,000 | $208,000 |
| 2022 | $3,368 | $228,000 | $11,000 | $217,000 |
| 2021 | $3,059 | $243,000 | $8,000 | $235,000 |
| 2020 | $3,135 | $241,500 | $14,600 | $226,900 |
| 2019 | $3,023 | $230,000 | $14,600 | $215,400 |
| 2018 | $2,810 | $217,000 | $14,600 | $202,400 |
| 2017 | $2,652 | $189,000 | $14,600 | $174,400 |
| 2016 | $2,926 | $184,000 | $14,600 | $169,400 |
| 2015 | $3,072 | $184,000 | $14,600 | $169,400 |
| 2014 | -- | $156,000 | $14,600 | $141,400 |
Source: Public Records
Source: NorthstarMLS
MLS Number: 6646035
APN: 34-029-24-12-0115
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