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5150 123rd St E, Northfield, MN, 55057

4beds
3baths
2,656sqft
$567,000
$213price/sqft
$3,966/moest. monthly cost
$158,640/yrincome needed

About This Home

Enjoy the perfect blend of country living and convenience in this beautifully updated and thoughtfully maintained 4-bedroom, 3-bath home on 1 private acre, just minutes from Northfield via all paved roads. Tucked away at the end of a shaded cul-de-sac, this property offers peace, privacy, and picturesque views of nature, abundant wildlife, and star-filled skies. Inside, you'll find a remodeled kitchen (2025) featuring new granite countertops and backsplash, a new center island, custom solid hardwood cabinetry, recently resealed hardwood floors, and new premium Café brand Platinum Glass appliances. The heart of the home opens to a cozy and inviting 4-season, wood-paneled porch showcasing vaulted ceilings, two skylights, and an abundance of natural light—an ideal space to enjoy your morning coffee, read a book, or simply take in the surrounding beauty year-round. Recent major updates completed in 2022 include the roof, exterior paint, garage doors, gutters, and a partially finished basement remodel, providing peace of mind and true move-in-ready appeal. Outside, mature trees, perennials, and a fenced backyard create a serene setting for relaxation, entertaining, gardening, or pets. The property also features a 2-car attached garage and a highly desirable, insulated and heated detached garage/shop, offering endless possibilities for vehicles, storage, hobbies, or a home workshop. Whether you're enjoying quiet evenings under the stars, watching wildlife from the deck, or appreciating the privacy and tranquility of country living, this exceptional property offers a rare opportunity to enjoy modern updates, versatile spaces, and rural charm just minutes from Northfield.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

7/10
8/10
Northfield Middle SchoolGrades 6-82.4 mi
9/10

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Water Filtration System,Water Osmosis System,Iron Filter,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: In Basement,Laundry Closet,Lower Level,Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Egress Window(s),Finished,Full,Partially Finished,Storage Space,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 187
  • Dimensions: 17x11

Bedroom2

  • Level: Main
  • Area: 159.5
  • Dimensions: 14.5x11

Bedroom3

  • Level: Main
  • Area: 115
  • Dimensions: 11.5x10

Bedroom4

  • Level: Lower
  • Area: 256
  • Dimensions: 16x16

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 115
  • Dimensions: 11.5x10

Family Room

  • Level: Lower
  • Area: 378
  • Dimensions: 28x13.5

Features

  • Number of fireplaces: 2
  • Fireplace features: Gas,Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 911
  • Finished area above ground: 1,745

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,238
  • Total interior livable area: 2,656 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Laundry

  • Level: Lower
  • Area: 252
  • Dimensions: 18x14

Living Room

  • Level: Main
  • Area: 420
  • Dimensions: 21x20

Other

  • Level: Main
  • Area: 225
  • Dimensions: 15x15

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0723251006
  • Zoning description: Residential-Single Family
  • Foundation area: 1493

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: Kennel/Dog Run
  • Fencing: Chain Link

Lot

  • Lot size: 0.94 Acres
  • Lot size dimensions: 162 x 350 x 188 x 240

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached Garage,Asphalt,Garage Door Opener,Heated Garage,Insulated Garage,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Winter Weather

FEMA Declared Disasters in Rice County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,867$34,404
Home Insurance *$378$4,536
Property Taxes $497$5,964
Electricity $224$2,688
Total$3,966$47,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,977/yr
40% on housing$118,980/yr
45% on housing$105,760/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 55057$212
Rice County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 55057$184
Rice County$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$567,000
2026-07-01Listed for sale$599,000
2013-12-23Sold$259,000

For Sale by Agent

AgentTanner Schieck
BrokerageEdina Realty, Inc.

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