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216 Franklin Ave

Delano, MN 55328

4 bd 3 ba 2,439 sqft Built 2022 Lot 18,295 sqft single_family
Most recent sale
$510,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $510,000 MLS #6180945
Apr 18, 2022 Listed $539,990 MLS #6180945
Mar 15, 2021 Listing removed $371,990 NorthstarMLS
Feb 15, 2021 Price changed $371,990 MLS #5661443
Feb 13, 2021 Listing removed $354,990 NorthstarMLS
Feb 7, 2021 Price changed $369,990 MLS #5661443
Oct 12, 2020 Price changed $361,990 MLS #5661443
Sep 20, 2020 Listed $358,990 MLS #5661443

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $475,342 $5,758
2024 $475,342 $5,796
2023 $68,400 $918
2022 $55,000 $55,000 $354
2021 $55,000 $55,000 $234
2020 $55,000 $55,000 $112

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,439 sqft
Lot size
18,295 sqft
ZIP code
55328
City
Delano
Street
Franklin Ave
Coordinates
45.04077, -93.79865

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
$3,659
Gross rental yield
8.61%
Implied cap rate
5.60%
Trend-extrapolated value

Frequently asked questions

When did 216 Franklin Ave last sell?
216 Franklin Ave most recently sold on May 26, 2022 for $510,000.
What is the current tax assessment for 216 Franklin Ave?
The most recent total assessment for 216 Franklin Ave (year 2025) is $475,342 with $5,758 in property tax.
How does 216 Franklin Ave's assessment compare to its last sale price?
The current assessment is 6.8% below the last sale price of $510,000.
When was 216 Franklin Ave built?
216 Franklin Ave was built in 2022.
How does 216 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 216 Franklin Ave?
216 Franklin Ave is a 4 bed, 3 bath, 2,439 sqft, 18,295 sqft lot single_family.
Is 216 Franklin Ave a flip candidate?
No — 216 Franklin Ave does not appear in our flips dataset.
Is 216 Franklin Ave a tax-appeal candidate?
No — 216 Franklin Ave 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
-2.0%
Implied 1-yr
-8.0%
2026 Q3
$460.2K
2026 Q4
$449.6K
ZIP 55328 — Median Price History + Forecast

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