$145,000
SOLD AUG 1, 2025

The Summit on 7 1502 5th St N Unit 401 Hopkins, MN 55305

2 Beds
2 Baths
1,105 Sq Ft
$562/mo HOA Fee

Recently Sold

$131 Per Sq Ft

24% Below List Price

86 Days on Market

Highlights

  • 53,230 Sq Ft lot
  • Elevator
  • 1-Story Property
  • Hopkins Senior High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

You'll love this bright corner unit with spacious primary bedroom featuring a full ensuite bath! Enjoy the open kitchen layout with center island and breakfast bar. Fantastic French doors lead you to your 2nd bedroom/home office space. In unit laundry and private balcony top this home off! A fitness room, party room, elevator and underground heated parking space are additional amenities you'll appreciate. Prime Hopkins location you'll find grocery stores, shops and more all nearby. Comfort and convenience is all yours with this beautiful Condo!

Last Agent to Sell the Property

Chris Buesgens

Compass Listed on: 04/27/2025

Compass

Last Buyer's Agent

Ella Selyukov

Bridge Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 2006

HOA Fees

  • $562 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2411722220104

Community Details

Overview

  • Association fees include maintenance structure, cable TV, hazard insurance, internet, lawn care, ground maintenance, parking, professional mgmt, trash, security, shared amenities, snow removal
  • Westport Property Management Association, Phone Number (952) 465-3600
  • High-Rise Condominium
  • Cic 1422 The Summit Condos Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,737

Year Built

Built in 2006

Lot Details

0

HOA Fees

$562 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
  • Association Amenities: Elevator(s), Lobby Entrance
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1105
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Living Area: 1105
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
  • Phone: 952-465-3600
  • Association Fee: 562
  • Association: Yes
  • Amenities Unit: Balcony,French Doors,Kitchen Center Island

Association/Amenities

  • HOA Management Co: Westport Property Management

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictNumber: 270
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 53230.32
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2411722220104
  • Tax Annual Amount: 2737
  • TaxWithAssessments: 2737.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2025
Closed on
Aug 1, 2025
Sold by
Bolnedi Srikanth and Atluri Prabha
Bought by
1502 5Th Street N Llc
Seller's Agent
Chris Buesgens
Compass
Buyer's Agent
Ella Selyukov
Bridge Realty, LLC
List Price
$189,900
Sold Price
$145,000
Premium/Discount to List
-$44,900
-23.64%
Views
222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.09%

Purchase Details

Listed on
Sep 4, 2024
Closed on
Jan 15, 2025
Sold by
Lundstrom Jennifer
Bought by
Bolnedi Srikanth
Seller's Agent
Jennifer Piller Quade
Keller Williams Realty Integrity Lakes
Buyer's Agent
Chris Buesgens
Compass
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.00%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Christman Robert
Bought by
Lundstrom Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2016
Sold by
Niebuhr Jared D
Bought by
Christman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Sold by
Dunlap C Cameron and Dunlap Helen D
Bought by
Niebuhr Jared D

Purchase Details

Closed on
Feb 1, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
B & B Home Buyers Llc

Purchase Details

Closed on
Jan 22, 2007
Sold by
The Crossroads Of Mn Llc
Bought by
Milbrath Kent and Milbrath Tammy
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $145,000 Attorneys Title Group
Warranty Deed $180,000 Title Choice
Warranty Deed $180,000 Dca Title
Warranty Deed $158,000 Edina Realty Title Inc
Warranty Deed $80,000 --
Foreclosure Deed $86,000 --
Warranty Deed $246,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,000 New Conventional
Previous Owner $142,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2025 08/01/25 Sold $145,000 -9.3% $131 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $159,900 -5.9% $145 / Sq Ft
05/21/2025 05/21/25 Price Changed $169,900 -7.2% $154 / Sq Ft
05/16/2025 05/16/25 Price Changed $183,000 -3.6% $166 / Sq Ft
04/29/2025 04/29/25 For Sale $189,900 +5.5% $172 / Sq Ft
01/17/2025 01/17/25 Sold $180,000 -7.7% $163 / Sq Ft View Prior Sale
01/03/2025 01/03/25 Pending -- -- --
09/04/2024 09/04/24 For Sale $195,000 -- $176 / 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 $2,824 $215,100 $12,900 $202,200
2023 $2,737 $206,000 $15,000 $191,000
2022 $2,500 $210,000 $15,000 $195,000
2021 $2,273 $180,000 $15,000 $165,000
2020 $2,013 $166,000 $15,000 $151,000
2019 $2,410 $144,000 $15,000 $129,000
2018 $2,034 $166,000 $15,000 $151,000
2017 $1,663 $125,000 $15,000 $110,000
2016 $1,580 $117,000 $15,000 $102,000
2015 $1,243 $99,000 $11,000 $88,000
2014 -- $85,000 $11,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6705185

NorthstarMLS

APN: 24-117-22-22-0104