Lori Gustafson

1502 5th Street N # 402

Hopkins, MN
$ 160,000 Beds 2 Baths 2 Sq 1,086
Monthly Estimate* How much can I afford?

Enjoy easy, low-maintenance living in this spacious 2-bedroom, 2-bath condo at Summit on 7 in Hopkins. Unit #402 offers 1,086 square feet of comfortable living space with the convenience of in-unit laundry, a private balcony, and a reserved parking stall in the heated garage. Located on the fourth floor of this seven-story building, the unit is ideally situated on the same floor as the community room and exercise room—making it easy to take advantage of these amenities just steps from your door. The two-bedroom, two-bath layout provides flexibility for everyday living, guests, or a home office. Step outside onto your balcony for a little fresh air, or enjoy the convenience of leaving your car protected from the Minnesota weather in the heated garage. All of this in a great Hopkins location near restaurants, coffee shops, shopping, trails, parks, and entertainment. A wonderful opportunity to enjoy comfortable condo living with amenities and conveniences right at your fingertips.

Single Family

  • Price
  • $ 160,000
  • City
  • Hopkins
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 1422 The Summit Condos
  • Lot Size
  • Zip
  • 55305
  • Sqr Footage
  • 1,086
  • Year Built
  • 2006
  • Taxes
  • $ 2772
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7136508
Listed By: Keller Williams Classic Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1086
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
HOA Fee 643
Garage Spaces 1
Association Fee Includes Building Exterior,Cable TV,Controlled Access,Hazard Insurance,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Shared Amenities,Snow Removal
Year Built 2006
Levels One
Unit Number 402
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Doors 36 +,Accessible Elevator Installed,Hallways 42 +
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Elevator(s)
HOA Yes
Contingency Inspection
Subdivision Name Cic 1422 The Summit Condos
Full Baths 1
Directions Hwy 7 to Right/North on Hopkins Crossroad to Right/East on 5th Street to Summit on 7 Condos on your right.
City Hopkins
Association Name Westport Properties
High School District Hopkins
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 2772
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Exercise Room,French Doors,Kitchen Center Island,Main Floor Primary Bedroom,Natural Woodwork,Washer/Dryer Hookup
PostalCity Hopkins

Interior Features

Basement Other
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1086
3/4 Baths 1
Laundry Features Electric Dryer Hookup,In Unit,Washer Hookup
Total Bedrooms 2
Total Baths 2
Bath Desc Full Primary,Private Primary,Main Floor 3/4 Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Heated Garage,Secured
Water Source City Water/Connected
Building Area Total 1086
Waterfront Y/N No
Foundation Area 1086
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/17/2026 Listed $160,000

Property vs Zip Code Average in 55305

Price
AVG $780K
$160K
Taxes
AVG $20,451
$2,772
Year Built
AVG 1981
2006
Visits
AVG 107
6
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1502 5th Street N # 402 Hopkins, MN is a Single Family Home for sale at $160000 with 1086 sqft and a lot size of Acre(s). 1502 5th Street N # 402 Hopkins has 2 bedrooms, 2 baths and was built in 2006. The property's zip code is 55305 which is in Hopkins, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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