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  • $565,500

    16408 Norwood Ln, Minnetonka, MN 55345

    4beds
    2,114sqft
    Single Family
    Built in 1962
    0.36 Acres Lot
    $584,900 Zestimate®
    $268/sqft
    $2,979 Estimated rent

    Home value

    $584,900

    $544,000 - $626,000

    $2,979/mo

    Zestimate® history
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    What's special

    Fully fenced backyardInviting sunroomSpacious private lotNatural light year-roundTwo fireplacesWarm welcoming feelUpdated kitchen
    Welcome to 16408 Norwood Lane, nestled in the heart of Minnetonka. This beautifully maintained 4-bedroom, 2-bath home sits on a spacious, private lot with a fully fenced backyard, perfect for relaxing, entertaining, gardening, or play. Step inside to find an updated kitchen that seamlessly connects to the informal dining area, offering easy access to the backyard for effortless indoor-outdoor living. The home balances style and function throughout. Enjoy cozy evenings by one of two fireplaces, or soak in natural light year-round from the inviting sunroom. Located within the highly acclaimed Minnetonka School District, this home also offers access to top-tier education and a strong sense of community. With its thoughtful layout, generous space, and warm, welcoming feel, this home is ready for its next chapter. Don’t miss the opportunity to make it yours.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Brooks 612-310-8122,

    Compass,

    Mark A Brooks 952-994-7517

    Bought with:

    Butch Zelinsky

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7065647MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 150 Square Feet
    • Dimensions: 15x10
    Bedroom 2
    • Level: Upper
    • Area: 150 Square Feet
    • Dimensions: 15x10
    Bedroom 3
    • Level: Upper
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Bedroom 4
    • Level: Lower
    • Area: 88 Square Feet
    • Dimensions: 11x8
    Dining room
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Family room
    • Level: Lower
    • Area: 288 Square Feet
    • Dimensions: 24x12
    Kitchen
    • Level: Main
    • Area: 126 Square Feet
    • Dimensions: 14x9
    Living room
    • Level: Main
    • Area: 288 Square Feet
    • Dimensions: 24x12
    Sun room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: In Basement, Laundry Room
    Features
    • Basement: Finished
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Living Room, Wood Burning
    Interior area
    • Total structure area: 2,381
    • Total interior livable area: 2,114 sqft
    • Finished area above ground: 1,661
    • Finished area below ground: 453

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Garage Dimensions (23x19)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Fencing: Full,Wood
    Lot
    • Size: 0.36 Acres
    • Dimensions: 100 x 139
    Details
    • Foundation area: 955
    • Parcel number: 2911722420002
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Woodland Hills 3rd Add
    HOA
    • Has HOA: No
    Location
    • Region: Minnetonka

    Financial & listing details

    • Price per square foot: $268/sqft
    • Tax assessed value: $362,500
    • Annual tax amount: $4,621
    • Date on market: 5/8/2026
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    7/1/2026Sold$565,500+2.8%$268/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7065647 Report a problem
    5/10/2026Pending sale$550,000$260/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7065647 Report a problem
    5/8/2026Listed for sale$550,000+6.8%$260/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7065647 Report a problem
    5/29/2025Sold$515,000$244/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6719755 Report a problem
    5/13/2025Pending sale$515,000$244/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6719755 Report a problem
    5/12/2025Listed for sale$515,000+35.4%$244/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6719755 Report a problem
    3/19/2025Sold$380,400+12.2%$180/sqft
    Source: Public Record Report a problem
    8/31/2017Sold$339,000$160/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4859672 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,621 +9.8%$362,500 +0.4%
    2024$4,209 -9.7%$361,200 +5.8%
    2023$4,661 +2.9%$341,400 -8.4%
    2022$4,531 +5.6%$372,700 +11.5%
    2021$4,289 -4.9%$334,200 +4.9%
    2020$4,511 +5.2%$318,500 -0.7%
    2019$4,289 -4.9%$320,600 +4%
    2018$4,511 +18%$308,200 +22.1%
    2017$3,823 +8.5%$252,400 -1.5%
    2016$3,525 -2%$256,200 +0.2%
    2015$3,595 -0.3%$255,600 +13.1%
    2014$3,604 +3.3%$225,900 -8.5%
    2013$3,488 -2.9%$246,800 -6.7%
    2012$3,591 +1.7%$264,500 -2.2%
    2011$3,531 +5.5%$270,400 -3.8%
    2010$3,346 +2.2%$281,100 -2.4%
    2009$3,275 +3.7%$288,000 +6%
    2006$3,159 +10.9%$271,800 +15%
    2005$2,849 +10.5%$236,400 +15%
    2004$2,578 +5.7%$205,600 +12%
    2002$2,440 -39.3%$183,600
    2001$4,018 --
    Find assessor info on the county website

    Neighborhood: 55345

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $584,900
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    Estimated market value
    $584,900