Coming Soon

16579 Franchise Ave W, Lakeville, MN, 55068

$347,500

Home List Price

$4,127*

Closing Credit

3 Bedrooms
1 Full Bath
1,752 SqFt
$198/SqFt
House

Location

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16579 Franchise Ave W, Lakeville$347,500

Buyer Closing Credits

$4,127*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage2 spaces
Year Built1969
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6645504
Active DateJanuary 10, 2025
StatusComing Soon

About 16579 Franchise Ave W

Discover the charm of this well-maintained one-level home in a convenient Lakeville location! Featuring three spacious bedrooms on the main level and a versatile office in the finished basement that could easily be converted into a fourth bedroom, this home offers flexibility and comfort for any lifestyle. The upgraded kitchen boasts newer appliances, perfect for culinary enthusiasts, while fresh paint throughout provides a modern, move-in-ready feel. With its desirable layout and prime location close to schools, parks, and amenities, this home is a must-see!

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 1,752 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cedar Ave.,East on 167th, left on Gerdine, right on Franchise, home on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $347,500
  • Price Per SqFt: $198/SqFt
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Housing Market Comparison

See how this home compares to others in Lakeville, MN.

Med. Sold Price

$486K

Med. Price/SqFt

$197

Avg. Days On Market

46

# of Sold Homes

67

16579 Franchise Ave W vs Lakeville

$347,500

-$138.5K Less

$198/SqFt

-$0 Less

KEY TAKEAWAY

This property is $138.5K less than the Median Sold Price and $0/SqFt less than other homes in Lakeville, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6645504

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 1/9/2025, 2:22:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-1480706
5
/10
  • Parkview Elementary School

  • 6795 Gerdine Path W

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-1480707
7
/10
  • Cedar Park Elementary STEM School

  • 7500 Whitney Dr

  • 1.21 miles

  • Public Magnet Grades KG-5

school-card-donut-1480708
5
/10
  • North Trail Elementary School

  • 5580 170th St W

  • 1.40 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,087. The majority of Lakeville, MN residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16579 Franchise Ave W

What is the listing price of this property?

The listing price of 16579 Franchise Ave W property is $347,500.

What type of property is this?

The property 16579 Franchise Ave W is a house located in Lakeville, Minnesota, 55068.

Is this property for sale now?

Coming Soon: 16579 Franchise Ave W is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

How many bedrooms and bathrooms does this property have?

The property at 16579 Franchise Ave W has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16579 Franchise Ave W is 1,752 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16579 Franchise Ave W is 1969.

Rocket Homes›Minnesota›Dakota County›Lakeville›55068›16579 Franchise Ave W

This home is located at 16579 Franchise Ave W in Lakeville, MN and zip code 55068 in the Donnay's Valley Park neighborhood. This 1,752 square foot home was built in 1969. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $347,500.

Over 16 listings were sold over their listed price in December 2024 in Lakeville, MN. In the same period over 36 listings were sold below the listed price and 15 listings were sold for the listed price. Between November 2024 and December 2024, Lakeville, MN real estate market has seen decrease in the number of listings by 5.4%. In December 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $486,083.

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

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