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106 Franklin St

Morristown, MN 55052

3 bd 1 ba 1,148 sqft Built 1880 Lot 6,098 sqft single_family
Most recent sale
$171,900
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $171,900 MLS #6186878
May 13, 2022 Price changed $169,900 MLS #6186878
Apr 28, 2022 Listed $177,000 MLS #6186878
Mar 7, 2019 Listing removed $62,500 NorthstarMLS
Oct 20, 2015 Listing removed $79,900 Southeastminnesota
Oct 17, 2015 Listing removed $79,900 NorthstarMLS
Sep 30, 2015 Price changed $79,900 MLS #4638394
Sep 8, 2015 Price changed $84,900 MLS #4065527
Aug 25, 2015 Listed $89,900 MLS #4065527
Nov 10, 2011 Listing removed $62,500 Southeastminnesota
Aug 20, 2008 Sold $99,900 MLS #4001708
Mar 17, 2008 Listed $94,900 MLS #4001708
Mar 9, 2006 Listed $62,500 MLS #2916772
Aug 31, 2004 Sold $82,400 Public Record
Dec 22, 2000 Sold $56,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $115,100 $25,300 $140,400 $2,276
2023 $82,100 $20,200 $102,300 $1,654
2022 $69,500 $16,200 $85,700 $1,420
2021 $67,800 $16,200 $84,000 $1,394
2020 $54,700 $16,200 $70,900 $1,212
2019 $48,800 $16,200 $65,000 $1,162
2018 $35,100 $692
2017 $33,300 $660
2016 $29,800 $622
2015 $29,000 $514
2014 $26,000 $492
2013 $26,000 $500
2012 $30,600 $528
2011 $62,000 $524
2010 $62,000 $496
2009 $57,800 $332
2006 $53,100 $286
2005 $48,300 $266

Property facts

Year built
1880
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,148 sqft
Lot size
6,098 sqft
ZIP code
55052
City
Morristown
Street
Franklin St
Coordinates
44.22711, -93.44546

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
$1,722
Gross rental yield
12.02%
Implied cap rate
7.81%
Trend-extrapolated value

Frequently asked questions

When did 106 Franklin St last sell?
106 Franklin St most recently sold on Jun 28, 2022 for $171,900.
What is the current tax assessment for 106 Franklin St?
The most recent total assessment for 106 Franklin St (year 2025) is $140,400 with $2,276 in property tax.
How does 106 Franklin St's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $171,900.
When was 106 Franklin St built?
106 Franklin St was built in 1880.
How does 106 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 106 Franklin St?
106 Franklin St is a 3 bed, 1 bath, 1,148 sqft, 6,098 sqft lot single_family.
Is 106 Franklin St a flip candidate?
No — 106 Franklin St does not appear in our flips dataset.
Is 106 Franklin St a tax-appeal candidate?
No — 106 Franklin St 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
+7.3%
Implied 1-yr
+29.3%
2026 Q2
$395.8K
2026 Q3
$415.5K
ZIP 55052 — Median Price History + Forecast

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