28 days on rocket

16121 Highwood Dr, Minnetonka, MN, 55345

$599,900

Home List Price

$7,124*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,088 SqFt
$194/SqFt
House
Schools Nearby

Location

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16121 Highwood Dr, Minnetonka$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage2 spaces
Year Built1964
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6510502
StatusActive

About 16121 Highwood Dr

Beautifully renovated home in the heart of the Minnetonka school district. Classic 2 story near Highway 7 and Tonkawood with updates throughout. Newer kitchen, baths, furnace & A/C, paint throughout, flooring, etc. Just installed brand new carpet and front door. 4 bedrooms all on one level including a primary 3/4 bath. Formal dining and eat-in kitchen space along with 2 living spaces on the main level allowing for an office/playroom/flex space or us the extra space to add a mudroom and walk-in pantry with some minor renovations. Lower level has space to expand and has a bedroom and bathroom making this a 5 bed/4 bath home. It sits on an large 1/2 lot with large mature trees and new sod. Just blocks from restaurants, LRT trail just down the road, shopping and food nearby at 7 & 101.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 3,088 SqFt

Listing Office:

  • Office Name: Bridge Realty, LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Minnetonka High School, Public District Grades 9-12
  • Minnetonka Middle School East, Public District Grades 6-8
  • Groveland Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Highway 7 to Tonkawood Road, North to Highwood, Left (West) on Highwood, home on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $5,029
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minnetonka, MN.

Med. Sold Price

$465.2K

Med. Price/SqFt

$212

Avg. Days On Market

34

# of Sold Homes

41

16121 Highwood Dr vs Minnetonka

28 DAYS ON ROCKET

-6 Days

$599,900

+$134.6K More

$194/SqFt

-$18 Less

KEY TAKEAWAY

This property is $134.6K more than the Median Sold Price and $18/SqFt less than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6510502

Listing Office:

  • Office Name: Bridge Realty, LLC

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Last updated on: 4/25/2024, 5:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 27, 2021Home Sold
$336,000
Sep 16, 2021Home Sold
$400,000
Aug 03, 2021Home Sold
$336,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,029$368,800
2019$5,301$368,349
2018$5,061$349,601
2017$4,618$316,683

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-132077
8
/10
  • Groveland Elementary

  • 17310 Minnetonka Blvd

  • 1.67 miles

  • Public District Grades KG-5

Middle School

school-card-donut-132078
7
/10
  • Minnetonka Middle School East

  • 17000 Lake Street Ext

  • 0.76 miles

  • Public District Grades 6-8

High School

school-card-donut-132079
8
/10
  • Minnetonka High School

  • 18301 Highway 7

  • 1.48 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,722. Most Minnetonka, MN residents have annual incomes between $100k-200k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16121 Highwood Dr

What is the listing price of this property?

The listing price of 16121 Highwood Dr property is $599,900.

What type of property is this?

The property 16121 Highwood Dr is a house located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 16121 Highwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16121 Highwood Dr are:
Groveland Elementary: GreatSchools Rating 8/10
Minnetonka Middle School East: GreatSchools Rating 7/10
Minnetonka High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,029 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 27, 2021 for $336,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16121 Highwood Dr has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 16121 Highwood Dr is 3,088 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16121 Highwood Dr is 1964.

Rocket HomesMinnesotaHennepin CountyMinnetonka5534516121 Highwood Dr

This home is located at 16121 Highwood Dr in Minnetonka, MN and zip code 55345. This 3,088 square foot home was built in 1964. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $599,900.

Over 17 listings were sold over their listed price in March 2024 in Minnetonka, MN. In the same period over 14 listings were sold below the listed price and 10 listings were sold for the listed price. In March 2024 in Minnetonka, MN there were 10.9% more homes for sale than in February 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $465,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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