Back 413 Franklin Avenue Northwest
Off Market

413 Franklin Avenue Northwest

Watertown MN 55388

4
2
2
2092 sq. ft.
0.22 ac.
Single-Family
Last sold for $305,000
Gregory AndersonGregory Anderson, last sold this property on 15 April 2026 after 67 days on market.

Overview

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2092 sq. ft. floor area
0.22 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Watertown over the last 12 months, the estimated median property value of 413 Franklin Avenue Northwest is $390k.

Median value
$390k
Estimated value range
$305k - $570k
Median days on market
11
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Watertown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 413 Franklin Avenue Northwest

2026
Sold
$305,000
15 Apr 2026 by Gregory Anderson, of REMAX Advisors West | Chaska

Happy sellers in Watertown

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Local market activity for 4 bedroom single-family properties in Watertown

In the last 12 months, 23 four-bedroom single-family properties similar to 413 Franklin Avenue Northwest, have been sold.

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