127 5th St NE Unit 205 Minneapolis, MN 55413
Nicollet Island NeighborhoodEstimated payment $2,194/month
Highlights
- City View
- Elevator
- Patio
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- 1-Story Property
About This Home
Own for less than rent in a boutique historic condo property that exudes charm and authentic character. Enjoy easy walkability just steps from the riverfront, great food, unique shops, and the convenience of urban living. This bright and flexible open loft unit features authentic exposed brick and heavy timber framing with high ceilings and contemporary industrial touches. The large kitchen features polished granite countertops, coordinated stainless steel appliances, and an unusually generous peninsula. Large windows provide ample natural light and unobstructed, expansive views. Enjoy the flexible, open floor plan, polished and heated concrete floors, and newer, full-sized in-unit laundry. This condo has ample in-unit closet space, a separate, secured oversized storage unit, and an indoor, heated bike storage area. The HOA fee covers a lot of unexpected extras including in-floor heat, AC and bulk cable. Exclusive on-property amenities include a bright fitness center, large and flexible community room with an extra lounge area, a shared balcony area, a patio area with hardwired gas grills, and on-site assigned/reserved parking. Skip the high rises and characterless, cramped new construction for the historic Calumet Lofts building. Motivated seller, schedule your showing today!
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-599-1106 Listed on: 09/18/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,395
Year Built
- Built in 1913
Lot Details
- Partially Fenced Property
- Zero Lot Line
HOA Fees
- $718 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 920 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- City Views
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
Utilities
- Central Air
- Underground Utilities
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 2302924120228
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, heating, internet, ground maintenance, parking, professional mgmt, recreation facility, trash, security, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1484 Calumet Lofts Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,395 | $250,000 | $18,000 | $232,000 |
| 2023 | $3,090 | $250,000 | $18,000 | $232,000 |
| 2022 | $3,025 | $238,000 | $18,000 | $220,000 |
| 2021 | $2,802 | $233,000 | $18,000 | $215,000 |
| 2020 | $3,381 | $224,500 | $7,400 | $217,100 |
| 2019 | $3,476 | $246,500 | $7,400 | $239,100 |
| 2018 | $3,098 | $237,000 | $7,400 | $229,600 |
| 2017 | $3,046 | $213,500 | $7,400 | $206,100 |
| 2016 | $3,125 | $196,500 | $7,400 | $189,100 |
| 2015 | $3,056 | $183,000 | $7,400 | $175,600 |
| 2014 | -- | $174,000 | $7,400 | $166,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $225,000 | -10.0% | $245 / Sq Ft |
| 10/19/2022 10/19/22 | Sold | $249,900 | 0.0% | $272 / Sq Ft |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | For Sale | $249,900 | -- | $272 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | Dca Title | |
| Warranty Deed | $249,900 | Burnet Title | |
| Warranty Deed | $205,000 | Titlenexus Llc | |
| Warranty Deed | $218,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,405 | New Conventional | |
| Previous Owner | $194,750 | New Conventional |
Source: NorthstarMLS
MLS Number: 6791040
APN: 23-029-24-12-0228
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