NOT LISTED FOR SALE

The Summit on 7 1502 5th St N Unit 201 Hopkins, MN 55305

Estimated Value: $207,045 - $219,000

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

Last Sold July 29, 2024

Last sale price $212,120 $192 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,974/month

38 Days on Market

Highlights

  • Stainless Steel Appliances
  • The kitchen features windows
  • Living Room
  • Hopkins Senior High School Rated A-
  • Patio
  • Storage Room

About This Home

As of July 2024

Spectacular CORNER UNIT condo! This place is so sunny and bright, filled with natural light! Rare opportunity to have one of only five huge and private patios! Open concept floor plan with two large bedrooms and two bathrooms. Oversized primary bedroom with en suite bathroom and closets galore! Shiplap wall and trendy mirror added in the second bathroom. New HVAC system with furnace & air conditioner combo, and thermostat in 2022 – all exclusive to this condo. New ceiling fan and paint too! Appreciate the high quality window treatments, in-unit laundry, SS appliances, granite counters, kitchen center island, and tons of cabinets & closets throughout! Epic private patio is great for lounging, dining, and growing your flowers & garden. Newer construction. Exercise room, party room, and green space for your pets! Includes secure storage unit. Convenient parking space in the underground heated garage. Easy living here! Sought after location near parks, trails, restaurants, and shopping!

Last Listed By

Benjamin Dzurik

Keller Williams Premier Realty Lake Minnetonka Listed on: 04/19/2024

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 2006

Lot Details

  • 1.22

HOA Fees

  • $562 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Tar and Gravel Roof

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2411722220079

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,659

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: 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, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1105
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Patio, Storage
  • SqFtTotal: 1105.00
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Tar/Gravel
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Guest Parking, Heated Garage, Storage, Underground
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • 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, Shared Amenities, Snow Removal, Water
  • Phone: 952-465-3600
  • Association Fee: 562
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Westport Properties

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
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2411722220079
  • Tax Annual Amount: 2659
  • TaxWithAssessments: 2659.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 29, 2024
Sold by
Kleinertz Rachel
Bought by
Mattson Derek
Seller's Agent
Benjamin Dzurik
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Tom Fleetham
Compass
List Price
$199,900
Sold Price
$212,120
Premium/Discount to List
$12,220
6.11%
Total Days on Market
38
Views
61
Current Estimated Value
$213,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,391
Avg. Annual Appreciation
0.88%
Original Mortgage
$201,514
Outstanding Balance
$200,152
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$13,359

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 20, 2024
Sold by
Kleinertz Rachel Ann
Bought by
Mattson Derek J
Seller's Agent
Benjamin Dzurik
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Tom Fleetham
Compass
List Price
$199,900
Sold Price
$212,120
Premium/Discount to List
$12,220
6.11%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,514
Outstanding Balance
$200,152
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$13,359

Purchase Details

Listed on
Mar 16, 2020
Closed on
Apr 24, 2020
Sold by
Haar Megan E
Bought by
Kleinertz Rachel Ann
Seller's Agent
Eric Utoft
Engel & Volkers Lake Minnetonka
Buyer's Agent
Addie Tourville
RE/MAX Results
List Price
$199,900
Sold Price
$207,500
Premium/Discount to List
$7,600
3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%
Original Mortgage
$180,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2016
Closed on
May 26, 2016
Sold by
Monson Courtney K
Bought by
Haar Megan E
Seller's Agent
Mary Restrepo
Lakes Sotheby's International
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$161,400
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2009
Sold by
Hsbc Bank Usa
Bought by
Monson Courtney K

Purchase Details

Closed on
Oct 5, 2006
Sold by
Crossroads Of Mn Llc
Bought by
Vanyo John Anthony

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 Buyer Sale Price Title Company
Mattson Derek $212,120 --
Mattson Derek J $212,120 Executive Title
Kleinertz Rachel Ann $207,500 Watermark Title Agency
Haar Megan E $169,900 Executive Title
Monson Courtney K $96,000 --
Vanyo John Anthony $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattson Derek $201,514
Closed Mattson Derek J $201,514
Previous Owner Kleinertz Rachel Ann $180,500
Previous Owner Haar Megan E $161,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $212,120 +6.1% $192 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $199,900 -3.7% $181 / Sq Ft
04/24/2020 04/24/20 Sold $207,500 +3.8% $188 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $199,900 +17.7% $181 / Sq Ft
05/26/2016 05/26/16 Sold $169,900 0.0% $154 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $169,900 -- $154 / 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
2023 $2,659 $201,000 $10,000 $191,000
2022 $2,416 $205,000 $10,000 $195,000
2021 $2,189 $175,000 $10,000 $165,000
2020 $2,300 $161,000 $10,000 $151,000
2019 $2,321 $160,000 $10,000 $150,000
2018 $1,946 $161,000 $10,000 $151,000
2017 $1,576 $120,000 $10,000 $110,000
2016 $1,488 $112,000 $10,000 $102,000
2015 $1,225 $98,000 $10,000 $88,000
2014 -- $84,000 $10,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6517576

NorthstarMLS

APN: 24-117-22-22-0079