19 days on rocket

16327 Gladys Ln, Minnetonka, MN, 55345

$1,175,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
5,228 SqFt
$225/SqFt
House
Schools Nearby

Location

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16327 Gladys Ln, Minnetonka$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Garage Door Opener
Attached Garage3 spaces
Year Built1997
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6395216
StatusActive

About 16327 Gladys Ln

Exceptional home in Tullamore Glen! South-facing two-story walkout. Beautifully maintained and updated! Open concept with walls of windows fill the home with natural light! Incredible ceiling heights & spacious rooms! 4 beds up + main level office & sunroom + 1 bed down & theater & exercise room. Main floor laundry. 2 main level living rooms and 1 down. 2 dining rooms. Oversized primary walk-in closet. NEW: paint, carpet, refinished hardwood floors, maintenance-free deck, and so much more! Less than 5 years ago: new 3-zone furnace & AC, 2 water heaters, water softener, and garage doors & openers. New roof in 2017, rated for 50 years. Appreciate high-end SS appliances, gas cooktop, double oven, pantry, Hunter Douglas window treatments, built-ins, gas fireplace, & heated floor in lower bath. Grand curb appeal, quiet street, professionally landscaped, private yard, paver patio, and invisible dog fence. Longtime owners, rare opportunity in this sought-after Minnetonka Schools neighborhood.

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Living Area: 5,228 SqFt

Listing Office:

  • Office Name: Keller Williams Premier Realty Lake Minnetonka

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener

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: Hwy 7 West to Tonkawood Rd, North to Gladys Lane, West to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $225/SqFt

HOA Fees:

  • Amount: $725
  • Frequency: Annually

Tax Information:

  • Annual Amount: $12,896
  • 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

16327 Gladys Ln vs Minnetonka

19 DAYS ON ROCKET

-15 Days

$1,175,000

+$709.7K More

$225/SqFt

+$13 More

KEY TAKEAWAY

This property is $709.7K more than the Median Sold Price and $13/SqFt more than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6395216

Listing Office:

  • Office Name: Keller Williams Premier Realty Lake Minnetonka

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Property Sales & Tax

Listing History

Aug 22, 2006Home Sold
$840,000
Aug 22, 2006Home Sold
$840,000
Aug 24, 2005Home Sold
$824,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,896$867,800
2019$13,140$848,700
2018$13,274$853,700
2017$11,963$772,000

History based on county public records data.

Payment Calculator

$5,992

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

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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-4225598
8
/10
  • Groveland Elementary

  • 17310 Minnetonka Blvd

  • 1.52 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4225599
7
/10
  • Minnetonka Middle School East

  • 17000 Lake Street Ext

  • 0.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4225600
8
/10
  • Minnetonka High School

  • 18301 Highway 7

  • 1.41 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. Residents of Minnetonka, MN typically earn between $100k-200k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16327 Gladys Ln

What is the listing price of this property?

The listing price of 16327 Gladys Ln property is $1,175,000.

What type of property is this?

The property 16327 Gladys Ln is a house located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 16327 Gladys Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16327 Gladys Ln 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 $12,896 (source: MLS/based on county public records data).

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

The last sale was on August 22, 2006 for $840,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16327 Gladys Ln has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 16327 Gladys Ln is 5,228 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16327 Gladys Ln is 1997.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55345›16327 Gladys Ln

This home is located at 16327 Gladys Ln in Minnetonka, MN and zip code 55345 in the Tullamore Glen neighborhood. This 5,228 square foot home was built in 1997. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $1,175,000.

Minnetonka, MN housing market in March 2024 saw over 17 listings sold above listed price, more than 10 sold at listed price and over 14 sold below. Between February 2024 and March 2024, Minnetonka, MN real estate market has seen increase in the number of listings by 10.9%. 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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