242 Franklin Ave
Delano, MN 55328
4 bd 3 ba 2,185 sqft Built 2020 Lot 9,583 sqft single_family
Most recent sale
$484,990
Jun 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 21, 2022 | Sold | $484,990 | MLS #6159742 |
| May 20, 2022 | Price changed | $489,990 | MLS #6159742 |
| May 10, 2022 | Price changed | $494,990 | MLS #17064557503 |
| May 7, 2022 | Price changed | $494,990 | MLS #6159742 |
| May 5, 2022 | Price changed | $501,990 | MLS #17064557503 |
| Apr 6, 2022 | Price changed | $499,990 | MLS #17064557503 |
| Apr 5, 2022 | Price changed | $499,990 | MLS #6159742 |
| Apr 1, 2022 | Listed | $514,965 | MLS #17064557503 |
| Mar 31, 2022 | Listed | $514,965 | Lennar |
| Mar 14, 2022 | Relisted | $529,990 | MLS #6159742 |
| Mar 4, 2022 | Listed | $519,990 | MLS #6159742 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $452,125 | $5,480 |
| 2024 | — | — | $452,125 | $5,542 |
| 2023 | — | — | $119,200 | $1,554 |
| 2022 | — | $55,000 | $55,000 | $354 |
| 2021 | — | $55,000 | $55,000 | $234 |
| 2020 | — | $55,000 | $55,000 | $112 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,185 sqft
Lot size
9,583 sqft
ZIP code
55328
City
Delano
Street
Franklin Ave
Coordinates
45.04050, -93.80082
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,278
Gross rental yield
8.11%
Implied cap rate
5.27%
Trend-extrapolated value
—
Frequently asked questions
When did 242 Franklin Ave last sell?
242 Franklin Ave most recently sold on Jun 21, 2022 for $484,990.
What is the current tax assessment for 242 Franklin Ave?
The most recent total assessment for 242 Franklin Ave (year 2025) is $452,125 with $5,480 in property tax.
How does 242 Franklin Ave's assessment compare to its last sale price?
The current assessment is 6.8% below the last sale price of $484,990.
When was 242 Franklin Ave built?
242 Franklin Ave was built in 2020.
How does 242 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 242 Franklin Ave?
242 Franklin Ave is a 4 bed, 3 bath, 2,185 sqft, 9,583 sqft lot single_family.
Is 242 Franklin Ave a flip candidate?
No — 242 Franklin Ave does not appear in our flips dataset.
Is 242 Franklin Ave a tax-appeal candidate?
No — 242 Franklin Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-8.0%
2026 Q3
$460.2K
2026 Q4
$449.6K
ZIP 55328 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Ave