1 month on rocket

15937 Franklin Trl SE, Prior Lake, MN, 55372

$515,000

Home List Price

$6,116*

Closing Credit

0 Baths
3,122 SqFt
$165/SqFt
Multi

Location

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15937 Franklin Trl SE, Prior Lake$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached Garage, Concrete, Driveway - Other Surface, Garage Door Opener
Attached Garage2 spaces
Year Built1998
HeatingBaseboard, Fireplace(s)
BasementYes
MLS #6628072
StatusActive

About 15937 Franklin Trl SE

Exceptional investment opportunity or perfect for multi-generational living in Prior Lake! This versatile up-and-down duplex offers 3 bedrooms in each unit, creating ample space and privacy. The upper unit features 1.5 baths, a private laundry, and a charming four-season porch. The lower unit is accessible for wheelchairs or walkers and includes a cozy gas fireplace and an oversized laundry/utility room. With a shared garage and extra outdoor parking, it's ideal for multiple residents, whether tenants or other occupants. Conveniently located within walking distance to schools and downtown Prior Lake, this property combines comfort with potential for steady rental income and adaptable living arrangements.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Living Area: 3,122 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Driveway - Other Surface, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 15937 Franklin Trl SE
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Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Baseboard, Fireplace(s)

Other

Directions Information:

  • Directions: Hwy 13 to 160th (County Rd 44) East to Franklin Trail North to home on the NE corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $3,960
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Prior Lake, MN.

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Prior Lake, MN

City

Med. Sold Price

$513.8K

Med. Price/SqFt

$197

Avg. Days On Market

42

# of Sold Homes

38

15937 Franklin Trl SE vs Prior Lake

45 DAYS ON ROCKET

+3 Days

$515,000

+$1.2K More

$165/SqFt

-$33 Less

KEY TAKEAWAY

This property is $1.2K more than the Median Sold Price and $33/SqFt less than other homes in Prior Lake, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6628072

Listing Office:

  • Office Name: RE/MAX Results

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 01, 2014Home Sold
$245,000
May 16, 2012Home Sold
$159,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,960$364,800
2019$3,776$304,257
2018$3,958$306,200
2017$3,816$282,500

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-860524
7
/10

  • WestWood Elementary School

  • 5370 Westwood Dr SE

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-860525
6
/10

  • La Ola del Lago at Grainwood

  • 5061 Minnesota St SE

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-860526
7
/10

  • Five Hawks Elementary School

  • 16620 Five Hawks Ave SE

  • 1.29 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,879. Residents of Prior Lake, MN typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Scott County›Prior Lake›55372›15937 Franklin Trl SE

This home is located at 15937 Franklin Trl SE in Prior Lake, MN and zip code 55372. This 3,122 square foot home was built in 1998. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $515,000.

In November 2024 more than 11 listings in Prior Lake, MN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 19 were sold below. The inventory of homes for sale in Prior Lake, MN between October 2024 and November 2024 decreased by 17%. The median list price of listings available in November 2024 was $513,800, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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