NOT LISTED FOR SALE

The Summit on 7 1502 5th St N Unit 310 Hopkins, MN 55305

Estimated Value: $223,000 - $247,000

3 Beds
2 Baths
1,450 Sq Ft
$777/mo HOA Fee

Last Sold April 26, 2024

Last sale price $240,000 $166 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,310/month

18 Days on Market

Highlights

  • Home Gym
  • The kitchen features windows
  • Breakfast Bar
  • Hopkins Senior High School Rated A-
  • 1 Car Attached Garage
  • Living Room

About This Home

As of April 2024

Light and bright - southern exposure home - new flooring, freshly painted - there are 3 bedrooms - there is one with French doors - great office option! Many updates: 2020 complete replacement of the HVAC magic pack(combo furnace/AC) 2021 - paint and trim throughout; cabinets painted, backsplash installed; 2022 new oven, 2023 new washer/dryer; 2023 new carpet and waterproof luxury vinyl flooring in entry and kitchen. This is a great location, walk to Caribou, Starbucks, shopping and more.

Last Agent to Sell the Property

Karen Lanz

RE/MAX Results Listed on: 03/21/2024

RE/MAX Results

Last Buyer's Agent

Janet Boschwitz

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,269

Year Built

  • Built in 2006

Lot Details

  • 1.21

HOA Fees

  • $777 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include cable TV, hazard insurance, internet, lawn care, ground maintenance, professional mgmt, trash, snow removal, water
  • Association One Association, Phone Number (952) 278-1700
  • High-Rise Condominium
  • Cic 1422 The Summit Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411722220100

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,269

Year Built

Built in 2006

Lot Details

0

HOA Fees

$777 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1450
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Living Area: 1450
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • Shared Rooms: Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Covered, Asphalt, Garage Door Opener, Shared Garage/Stall, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal, Water
  • Phone: 952-278-1700
  • Association Fee: 777
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Exercise Room,Kitchen Window,Main Floor Primary Bedroom

Association/Amenities

  • HOA Management Co: Association One

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2411722220100
  • Tax Annual Amount: 3269
  • TaxWithAssessments: 3269.4400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 26, 2024
Sold by
Wenck Micha and Wenck Emily
Bought by
Morgan Jennifer and Daly Thomas
Seller's Agent
Karen Lanz
RE/MAX Results
Buyer's Agent
Janet Boschwitz
Edina Realty, Inc.
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
66
Current Estimated Value
$237,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,772
Avg. Annual Appreciation
-0.67%
Original Mortgage
$180,000
Outstanding Balance
$177,408
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$59,820

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 25, 2024
Sold by
Wenck Micah F and Wenck Emily
Bought by
Morgan Jennifer and Daly Thomas
Seller's Agent
Karen Lanz
RE/MAX Results
Buyer's Agent
Janet Boschwitz
Edina Realty, Inc.
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$177,408
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$59,820

Purchase Details

Closed on
Sep 21, 2012
Sold by
Spiess Jay
Bought by
Wenck Micah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,880
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Federal Natl Mtg Assoc
Bought by
Spiess Jon

Purchase Details

Closed on
Mar 19, 2007
Sold by
The Crossroads Of Minnesota
Bought by
Wiley Clayton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morgan Jennifer $240,000 --
Morgan Jennifer $240,000 Absolute Title
Wenck Micah F $126,100 Burnet Title
Spiess Jon $127,500 --
Wiley Clayton $336,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Jennifer $180,000
Closed Morgan Jennifer $180,000
Previous Owner Wenck Micah F $100,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $240,000 -4.0% $166 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $250,000 -- $172 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $3,512 $258,000 $12,000 $246,000
2023 $3,269 $240,000 $15,000 $225,000
2022 $3,341 $250,000 $15,000 $235,000
2021 $3,234 $230,000 $15,000 $215,000
2020 $3,137 $223,000 $15,000 $208,000
2019 $3,341 $207,000 $15,000 $192,000
2018 $3,162 $218,000 $15,000 $203,000
2017 $2,616 $179,000 $15,000 $164,000
2016 $2,495 $167,000 $15,000 $152,000
2015 $2,045 $143,000 $11,000 $132,000
2014 -- $123,000 $11,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6506608

NorthstarMLS

APN: 24-117-22-22-0100