Date
Details
Price
Change
Source
2/06/2026
Listed
$305,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$305,000 Just Listed
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Join us at 413 Franklin Avenue NW on:
- Open House: 2:00 PM - 4:00 PM
Sunday 2/8 2:00 PM - 4:00 PM
413 Franklin Avenue NW,Watertown, MN 55388413 Franklin Avenue NWWatertownMN55388
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1/19
Property Description
This is a Carver County Community Land Trust property - Please look at the link below for guidelines and application. An application must be filled out prior to making an offer. This home has income limits in order to qualify. NO CASH buyers allowed. Must be a 1st time buyer (meaning cannot have owned a home within the last 3 years) Must be an owner occupied home. Welcome to 413 Franklin Ave NW - a thoughtfully designed 4-bedroom, 2-bath home built by the Carver County Community Development Agency as part of the Community Land Trust program. Offering 1,046 finished square feet on the main level and 768 finished square feet in the walkout lower level, this home delivers modern style, smart layout, and exceptional value. This is an infill build nestled within an established neighborhood featuring mature trees and a welcoming community feel - a rare opportunity to enjoy new construction in a setting that already feels like home. The location offers walkability to Watertown-Mayer High School and convenient access to local parks, shops, and everyday amenities. Inside, the bright, open main level features warm wood-tone flooring, large windows that flood the space with natural light, and a clean, inviting kitchen complete with quartz countertops and a center island - perfect for everyday living and entertaining. The finished walkout lower level includes two additional bedrooms and a full bath, with an unfinished family room area ready for future equity and personalization. Outside, you'll appreciate the detached 22x22 garage and manageable yard in a quiet residential setting. This home is available to qualifying first-time homebuyers through the Carver County Community Land Trust program. Buyers must meet income guidelines (at or below 80% AMI) and complete the required pre-screening and approval process.
Full Property Details
Full Property Details for 413 Franklin Ave NW
General
- Price: $305,000
- Taxes: $1,000 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7017209
- Updated: Today (2/6/2026)
- Added to Site: Today
Interior
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Breakfast Area, Eat-In Kitchen, Informal Dining Room, Living/Dining Room
- Formal Dining Room: Breakfast Area, Eat In Kitchen, Informal Dining Room, Living/Dining Room
- Laundry: Lower Level, Washer Hookup, Lower Level, Washer Hookup
Additional Information
- Amenities: Kitchen Center Island, Kitchen Window, Paneled Doors, Washer/Dryer Hookup, Walk-In Closet
Exterior
- Porch/Patio/Deck: Front Porch
Parking
- Garage: Yes
- Garage Description: 22 x 22
- Garage Spaces: 2
- Parking Features: Detached Garage, Gravel, Garage Door Opener
Location
- County: Carver
- Township: Watertown
- Subdivision: City Lts Of Watertown
- Driving Directions: Mn-25 N (Jefferson St) Right to Kieffer St SW to Franklin to home.
School Information
- School District: 681 - Watertown-Mayer
- High School District: Watertown-Mayer
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Drain Tiles, Egress Window(s), Finished, Concrete, Partially Finished, Sump Pump
- Foundation Size: 1046
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 1,814
- Above Ground: 1,046 Sq. Ft.
- Below Ground: 1,046 Sq. Ft.
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.221
- Lot Dimensions: 66 x 157
- Frontage: City Street, Curbs, Paved Streets
- Land Lease Avail: Yes
- Zoning: Residential-Single Family
- Lot Description: Light Tree Coverage
Financial Considerations
- Tax Amount: $1,000
- Tax Year: 2026
- Terms: Conventional, FHA, Cash
Disclosures and Reports
- Legal Description: SUBDIVISIONNAME CITY LOTS OF WATERTOWN LOT 009 BLOCK 002 SUBDIVISIONCD 85050 SECTION 04 TOWNSHIP 117 RANGE 025
- Property ID: 850500100
Listed by RE/MAX Advisors-West
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Schools
Schools serving 413 Franklin Ave NW
School District:Watertown-Mayer Public School District
| Name | Grades | Distance |
|---|---|---|
Watertown-Mayer Middle School 1001 Minnesota 25, Watertown, MN 55388 | 6-8 | 0.7 mi |
Watertown-Mayer Elementary School 500 Paul Avenue, Watertown, MN 55388 | 1-5 | 1.4 mi |
Watertown Mayer High School 1001 Minnesota 25, Watertown, MN 55388 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 413 Franklin Ave NW
Tax History
Tax History for 413 Franklin Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$45,000
—
2024
100%
$45,000
—
2023
100%
$45,000
-2%
2022
100%
$45,800
20%
2021
100%
$38,100
—
2020
-100%
$38,100
100%
2019
$118
-88%
-100%
2018
$952
—
$41,200
—
2017
$950
-94%
$41,200
—
2016
$16,946
402%
$41,200
-55%
2015
$3,378
3%
$90,700
21%
2014
$3,276
110%
$74,800
-28%
2013
$1,560
—
$103,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 413 Franklin Ave NW
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Sold by Twin Cities Property Finder
Sold by Twin Cities Property Finder
413 Franklin Avenue NW, Watertown, MN 55388 (MLS# 7017209) is a Single Family property with 4 bedrooms and 2 full bathrooms. 413 Franklin Avenue NW is currently listed for $305,000 and was received on February 06, 2026. Want to learn more about 413 Franklin Avenue NW? Do you have questions about finding other Single Family real estate for sale in Watertown? You can browse all Watertown real estate or contact a Coldwell Banker agent to request more information.