505 Franklin Ave
Watertown, MN 55388
5 bd 2 ba 2,849 sqft Built 1958 Lot 15,682 sqft single_family
Most recent sale
$327,500
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $327,500 | MLS #6221091 |
| Jun 16, 2022 | Listed | $325,000 | MLS #6221091 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $144,500 | $2,248 |
| 2019 | — | — | $146,000 | $2,098 |
| 2018 | — | — | $136,900 | $1,978 |
| 2017 | — | — | $120,800 | $1,612 |
| 2016 | — | — | $96,900 | $1,630 |
| 2015 | — | — | $97,600 | $1,480 |
| 2014 | — | — | $86,700 | $2,022 |
| 2013 | — | — | $74,700 | $2,020 |
| 2012 | — | — | $75,200 | $2,136 |
| 2011 | — | — | $89,000 | $2,086 |
| 2010 | $76,800 | $42,200 | $119,000 | $2,144 |
| 2009 | $80,300 | $44,900 | $125,200 | $2,184 |
| 2008 | $93,600 | $49,900 | $143,500 | $2,230 |
| 2007 | $99,200 | $47,200 | $146,400 | $2,106 |
Property facts
Year built
1958
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,849 sqft
Lot size
15,682 sqft
ZIP code
55388
City
Watertown
Street
Franklin Ave
Coordinates
44.96142, -93.85504
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,965
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Franklin Ave last sell?
505 Franklin Ave most recently sold on Jul 22, 2022 for $327,500.
What is the current tax assessment for 505 Franklin Ave?
The most recent total assessment for 505 Franklin Ave (year 2020) is $144,500 with $2,248 in property tax.
How does 505 Franklin Ave's assessment compare to its last sale price?
The current assessment is 55.9% below the last sale price of $327,500.
When was 505 Franklin Ave built?
505 Franklin Ave was built in 1958.
How does 505 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 505 Franklin Ave?
505 Franklin Ave is a 5 bed, 2 bath, 2,849 sqft, 15,682 sqft lot single_family.
Is 505 Franklin Ave a flip candidate?
No — 505 Franklin Ave does not appear in our flips dataset.
Is 505 Franklin Ave a tax-appeal candidate?
No — 505 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$467.3K
2026 Q4
$470.5K
ZIP 55388 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Ave