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1518 Franklin Ln

Anoka, MN 55303

2 bd 2 ba 1,270 sqft Built 1979 Lot 1,307 sqft townhomes
Most recent sale
$216,251
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $216,251 MLS #6236699
Sep 15, 2022 Listed $199,900 MLS #6236699
Sep 15, 2020 Sold $171,000 MLS #5278696
Aug 18, 2020 Relisted $159,900 MLS #5278696
Aug 10, 2020 Listing removed $159,900 NorthstarMLS
Aug 6, 2020 Listed $159,900 MLS #5278696
Jul 17, 2007 Sold $158,400 Public Record
Mar 26, 2004 Sold $139,351 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $131,710 $1,644
2019 $102,804 $19,641 $122,445 $1,530
2018 $102,804 $19,641 $122,445 $1,477
2017 $94,317 $18,863 $113,180 $1,285
2016 $82,234 $15,468 $97,702 $1,308
2015 $79,526 $15,342 $94,868 $1,267
2014 $77,826 $11,701 $89,527 $1,092
2013 $62,770 $5,284 $68,054 $1,327
2012 $69,962 $7,357 $77,319 $1,329
2011 $75,675 $7,530 $83,205 $1,488
2010 $106,300 $17,500 $123,800 $1,789
2009 $127,700 $28,000 $155,700 $1,714
2008 $143,900 $27,700 $171,600 $1,800
2007 $149,400 $28,000 $177,400 $1,716

Property facts

Year built
1979
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,270 sqft
Lot size
1,307 sqft
ZIP code
55303
City
Anoka
Street
Franklin Ln
Coordinates
45.19383, -93.39469

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,905
Gross rental yield
10.57%
Implied cap rate
6.87%
Trend-extrapolated value

Frequently asked questions

When did 1518 Franklin Ln last sell?
1518 Franklin Ln most recently sold on Oct 20, 2022 for $216,251.
What is the current tax assessment for 1518 Franklin Ln?
The most recent total assessment for 1518 Franklin Ln (year 2020) is $131,710 with $1,644 in property tax.
How does 1518 Franklin Ln's assessment compare to its last sale price?
The current assessment is 39.1% below the last sale price of $216,251.
When was 1518 Franklin Ln built?
1518 Franklin Ln was built in 1979.
How does 1518 Franklin Ln compare to others on Franklin Ln?
We track 8 other properties on Franklin Ln. Browse the list under "Other properties on Franklin Ln" to compare beds, baths, and sale history.
What are the property facts for 1518 Franklin Ln?
1518 Franklin Ln is a 2 bed, 2 bath, 1,270 sqft, 1,307 sqft lot townhomes.
Is 1518 Franklin Ln a flip candidate?
No — 1518 Franklin Ln does not appear in our flips dataset.
Is 1518 Franklin Ln a tax-appeal candidate?
No — 1518 Franklin Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$430.6K
2026 Q4
$432.6K
ZIP 55303 — Median Price History + Forecast

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