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202 Franklin St

Morristown, MN 55052

3 bd 2 ba 976 sqft Built 1940 Lot 6,186 sqft single_family
Most recent sale
$172,000
Oct 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 27, 2022 Sold $172,000 MLS #6236271
Jul 18, 2022 Listed $169,900 MLS #6236271
Jul 12, 2022 Listed $169,900 MLS #7030391
Oct 28, 2005 Sold $140,000 MLS #2911375
Aug 23, 2005 Listed $140,000 MLS #2911375

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $76,600 $1,122
2019 $60,900 $1,032
2018 $52,400 $816
2017 $41,800 $784
2016 $39,900 $770
2015 $37,400 $642
2014 $36,800 $614
2013 $32,800 $624
2012 $32,800 $648
2011 $37,900 $682
2010 $79,500 $650
2009 $56,500 $23,200 $79,700 $496
2006 $80,500 $446

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
976 sqft
Lot size
6,186 sqft
ZIP code
55052
City
Morristown
Street
Franklin St
Coordinates
44.22711, -93.44649

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
$1,464
Gross rental yield
10.21%
Implied cap rate
6.64%
Trend-extrapolated value

Frequently asked questions

When did 202 Franklin St last sell?
202 Franklin St most recently sold on Oct 27, 2022 for $172,000.
What is the current tax assessment for 202 Franklin St?
The most recent total assessment for 202 Franklin St (year 2020) is $76,600 with $1,122 in property tax.
How does 202 Franklin St's assessment compare to its last sale price?
The current assessment is 55.5% below the last sale price of $172,000.
When was 202 Franklin St built?
202 Franklin St was built in 1940.
How does 202 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 202 Franklin St?
202 Franklin St is a 3 bed, 2 bath, 976 sqft, 6,186 sqft lot single_family.
Is 202 Franklin St a flip candidate?
No — 202 Franklin St does not appear in our flips dataset.
Is 202 Franklin St a tax-appeal candidate?
No — 202 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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