Bridgewater Elementary
- Enrollment
- 564
- Students per teacher
- 14.1
401 Jefferson Pkwy, Northfield, MN 55057
(507) 664-3300
1 / 41
5150 123rd Street E, Northfield, MN 55057 - MLS# 7140580
$525,000
$549,000↓ 4.4%
Bedrooms
4
Bathrooms
3
Square Feet
2,656
Acres
0.94
Year Built
1978
Property Type
Residential
Heating
Wood Stove, Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
4
Days on Market
64
School District
659 - Northfield
Privacy. Updates. Location. Lifestyle. Motivated sellers. This property delivers it all. Set on a beautiful 1-acre lot at the end of a peaceful cul-de-sac, this updated 4-bedroom, 3-bath rambler offers the perfect balance of rural serenity and everyday convenience, just minutes from Northfield via all paved roads. The recently renovated kitchen showcases custom solid hardwood cabinetry, granite countertops, a new center island, touch-activated faucet, premium Café Platinum Glass appliances, and beautifully maintained hardwood floors. The inviting four-season porch, highlighted by vaulted wood ceilings, skylights, and walls of windows, provides a stunning backdrop for relaxing, entertaining, or taking in the property's scenic views throughout the year. Significant recent improvements include a new roof, exterior paint, gutters, garage doors, and a partially finished walkout basement remodel, creating exceptional value and peace of mind. The fenced backyard, mature trees, perennial landscaping, abundant wildlife, and expansive views offer a setting that feels like a private retreat. A rare bonus and highly desirable, is the insulated and heated detached garage/shop, providing flexible space for vehicles, hobbies, storage, or a workshop. Whether you're looking for room to spread out, a move-in-ready home with major updates, or a tranquil setting close to town, this is a property that must be experienced firsthand to fully appreciate everything it has to offer. Schedule your private tour today.
Interior Information
BasementBlock, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Partially Finished, Storage Space, Walkout
AppliancesDishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Range, Refrigerator, Washer, Water Softener Owned
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces2
Fireplace FeaturesGas, Wood Burning Stove
LaundryIn Basement, Laundry Closet, Lower Level, Laundry Room, Main Level
Dining RoomInformal Dining Room, Kitchen/Dining Room
Interior AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Skylight, Sun Room, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup
Electric200+ Amp Service
Size & Levels
LevelsOne
Total Finished Sq Ft2,656 sq ft
Above Grade Finished1,745 sq ft
Below Grade Finished911 sq ft
Main Level Finished1,745 sq ft
Total Area (incl. unfinished)3,238 sq ft
Bathrooms
Full Baths2
3/4 Baths1
Bathroom Details3/4 Primary, Double Sink, Full Basement, Private Primary, Main Floor 3/4 Bath, Main Floor Full Bath
Rooms
Main Level Rooms
Living Room21' x 20'
Dining Room11'5" x 10'
Kitchen12' x 10'
Bedroom17' x 11'
Bedroom 214'5" x 11'
Bedroom 311'5" x 10'
Four Season Porch15' x 15'
Lower Level Rooms
Family Room28' x 13'5"
Bedroom 416' x 16'
Laundry18' x 14'
Exterior & Parking
ExteriorWood
ConstructionFrame
RoofAge 8 Years or Less, Architectural Shingle
FoundationBlock
Patio / PorchDeck
Garage Stalls4
ParkingAttached Garage, Detached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking
Lot & Utilities
Property SubtypeSingle Family
Lot Size0.94 acres
Lot Dimensions162x350x188x240
ZoningResidential-Single Family
SubdivisionOak Hill South
TownshipNorthfield
CountyRice
SewerSeptic System Compliant - Yes
WaterWell
Road FrontageCul De Sac
FencingChain Link
Other StructuresGarage(s), Kennel/Dog Run, Pole Building
Homeowners Association
Association Fee$440 / year
AssociationOak Hill South Well Association
Phone(612) 743-7484
Other Annual Assessments$294.69
Assessment PendingYes
Fee IncludesOther
Financial & Tax Information
Annual Taxes$5,355
Tax Year2026
Tax w/ Assessments$5,650
Other Annual Assessments$295
Assessment PendingYes
Parcel Number0723251006
Financing OptionsConventional, VA, FHA, Cash
List TypeExclusive Right To Sell
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 2000-2009, about 94% of occupied homes are owner-occupied, and the average commute is 29 minutes.
Cost of Ownership
Median home value
$465,200
Higher than the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,418/yr
Higher than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,561/mo
Higher than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$877/mo
Higher than the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,132/mo
Lower than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
94%
Higher than Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1990
Newer than the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2020 or later3%
- 2010-20197%
- 2000-200924%
- 1990-199917%
- 1980-19897%
- 1970-197915%
- 1960-19696%
- 1950-19595%
- 1940-19493%
- 1939 or earlier14%
Types of homes
The share of housing units in each building type.
- Single-family detached91%
- Townhome / attached5%
- Mobile home3%
Getting Around
Average commute
29 min
Higher than the Twin Cities metro
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone73%
- Carpool4%
- Work from home22%
Homes with broadband
94%
Similar to Twin Cities metro overall
The share of households with a broadband internet subscription.
Schools
Northfield Public School District
This home is in the Bridgewater Elementary, Northfield Middle and Northfield Senior High attendance areas of Northfield Public School District.
Elementary
Middle
Northfield Middle
- Enrollment
- 845
- Students per teacher
- 19.2
2200 Division St S, Northfield, MN 55057
(507) 663-0650High
Northfield Senior High
- Enrollment
- 1,283
- Students per teacher
- 21
1400 Division St S, Northfield, MN 55057
(507) 663-0630Questions and Answers
How much is 5150 123rd Street E?
5150 123rd Street E in Northfield, MN, is listed at $525,000 as of Nov 11, 2026 ($198 per finished square foot, down from an original list price of $549,000 and 64 days on market).
What school district is 5150 123rd Street E in?
Northfield Public School District. It is in the attendance areas for Bridgewater Elementary (grades K-5, 2.6 mi), Northfield Middle (grades 6-8, 2.4 mi) and Northfield Senior High (grades 9-12, 2.9 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.
What are the property taxes for 5150 123rd Street E?
Property taxes are $5,355 for 2026, or $5,650 including special assessments. A special assessment is pending; ask for details.
Does 5150 123rd Street E have an HOA fee?
Yes. The HOA fee is $440 (annually).
Is 5150 123rd Street E on city water and sewer?
It has a private well and a private septic system. Minnesota requires a septic disclosure, and many lenders and buyers order a compliance inspection.
What is the commute like from 5150 123rd Street E?
The average one-way commute for the surrounding area is 29 minutes, compared with 24 minutes for the Twin Cities metro. About 73% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
What does it cost to own a home near 5150 123rd Street E?
In the surrounding census tract, the median home value is $465,200 and the median property tax bill is $4,418 a year; typical owner costs with a mortgage are $2,561 a month. These are area estimates, not figures for this home.
How do I schedule a showing of 5150 123rd Street E?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
