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604 Franklin Ave

Watertown, MN 55388

3 bd 2 ba 2,172 sqft Built 1954 Lot 15,246 sqft single_family
Most recent sale
$290,000
Dec 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2021 Sold $290,000 MLS #6118036
Oct 29, 2021 Listed $275,000 MLS #6118036
Jul 21, 2017 Sold $204,500 MLS #4830533
May 17, 2017 Listed $219,000 MLS #4830533
Sep 10, 2013 Sold $154,500 MLS #4380652
Jun 25, 2013 Relisted $154,500 MLS #4380652
Jun 20, 2013 Listing removed $154,500 NorthstarMLS
Jun 17, 2013 Listed $154,500 MLS #4380652

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $187,600 $2,862
2019 $178,700 $2,714
2018 $140,500 $2,290
2017 $126,200 $2,078
2016 $127,700 $2,112
2015 $113,700 $1,920
2014 $100,800 $1,868
2013 $102,000 $1,874
2012 $118,300 $1,994
2011 $104,100 $42,200 $146,300 $1,886
2010 $107,100 $44,900 $152,000 $1,930
2009 $125,100 $49,900 $175,000 $1,988
2008 $130,400 $49,900 $180,300 $2,046
2007 $130,800 $47,200 $178,000 $1,886

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,172 sqft
Lot size
15,246 sqft
ZIP code
55388
City
Watertown
Street
Franklin Ave
Coordinates
44.96025, -93.85507

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
$3,258
Gross rental yield
13.48%
Implied cap rate
8.76%
Trend-extrapolated value

Frequently asked questions

When did 604 Franklin Ave last sell?
604 Franklin Ave most recently sold on Dec 6, 2021 for $290,000.
What is the current tax assessment for 604 Franklin Ave?
The most recent total assessment for 604 Franklin Ave (year 2020) is $187,600 with $2,862 in property tax.
How does 604 Franklin Ave's assessment compare to its last sale price?
The current assessment is 35.3% below the last sale price of $290,000.
When was 604 Franklin Ave built?
604 Franklin Ave was built in 1954.
How does 604 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 604 Franklin Ave?
604 Franklin Ave is a 3 bed, 2 bath, 2,172 sqft, 15,246 sqft lot single_family.
Is 604 Franklin Ave a flip candidate?
No — 604 Franklin Ave does not appear in our flips dataset.
Is 604 Franklin Ave a tax-appeal candidate?
No — 604 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$467.3K
2026 Q4
$470.5K
ZIP 55388 — Median Price History + Forecast

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