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  • $385,000

    16503 Franklin Trl SE, Prior Lake, MN 55372

    3beds
    1,860sqft
    Single Family
    Built in 1978
    0.31 Acres Lot
    $389,400 Zestimate®
    $207/sqft
    $2,394 Estimated rent

    Home value

    $389,400

    $362,000 - $421,000

    $2,394/mo

    Zestimate® history
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    What's special

    Large fully fenced yardViews of the wetlandsMaintenance-free deck
    Move-in ready at an affordable price! This split-level has a great layout with mudroom at the entrance level before choosing an upper or lower level. The upper level includes the primary bedroom with a walk-through to a shared full bathroom and a second bedroom. The lower level offers a third bedroom, a 3/4 bathroom, and a spacious family room with a gas fireplace and walk-out access to the backyard. Enjoy views of the wetlands from the maintenance-free deck. The large fully fenced yard provides privacy and outdoor space for activities or entertaining. Recent updates include new carpet on the upper level and fresh paint throughout the home. The large laundry/mechanical room offers additional storage and functionality. This home is conveniently located near Eagle Creek Ave SE and less than one mile from downtown Prior Lake with easy access to shopping, dining, and local amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cayla Schluter 507-213-0857,

    RE/MAX Results

    Bought with:

    Sarah A Bratholt

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6731117MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 2
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Bedroom 3
    • Level: Lower
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Deck
    • Level: Upper
    • Area: 168 Square Feet
    • Dimensions: 12x14
    Dining room
    • Level: Upper
    • Area: 88 Square Feet
    • Dimensions: 11x8
    Family room
    • Level: Upper
    • Area: 252 Square Feet
    • Dimensions: 18x14
    Family room
    • Level: Lower
    • Area: 432 Square Feet
    • Dimensions: 18x24
    Kitchen
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Mud room
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 5x10
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    • Laundry: In Basement, Lower Level, Laundry Room
    Features
    • Basement: Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 2,094
    • Total interior livable area: 1,860 sqft
    • Finished area above ground: 1,060
    • Finished area below ground: 800

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Fencing: Chain Link,Full
    Lot
    • Size: 0.31 Acres
    • Dimensions: 90 x 150 x 90 x 150
    Details
    • Foundation area: 1060
    • Parcel number: 250230030
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Borgerding 2nd Add
    HOA
    • Has HOA: No
    Location
    • Region: Prior Lake

    Financial & listing details

    • Price per square foot: $207/sqft
    • Tax assessed value: $363,200
    • Annual tax amount: $3,231
    • Date on market: 6/6/2025
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    6/26/2025Sold$385,000+2.7%$207/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6731117 Report a problem
    6/10/2025Pending sale$375,000$202/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6731117 Report a problem
    6/6/2025Listed for sale$375,000+0%$202/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6731117 Report a problem
    5/6/2025Listing removed--
    Source: Owner Report a problem
    4/3/2025Price change$374,9000%$202/sqft
    Source: Owner Report a problem
    3/15/2025Listed for sale$375,000+21%$202/sqft
    Source: Owner Report a problem
    2/10/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/4/2022Listed for rent$2,150$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/1/2021Sold$310,000+41.7%$167/sqft
    Source: Public Record Report a problem
    6/1/2017Sold$218,800$118/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,258 -1.2%$363,200 +8.1%
    2024$3,296 +2.3%$336,100
    2023$3,222 +13.8%$336,100 -1%
    2022$2,832 +2.2%$339,400 +30.4%
    2021$2,772 +2%$260,300 +9.6%
    2020$2,718 $237,600
    2019$2,718 +0.2%$237,600
    2018$2,712 +14.5%--
    2016$2,368 --
    2014$2,368 --
    2013-- $150,200
    2012-- $150,200 -12%
    2011$2,338 +1.7%$170,700 -14.9%
    2010$2,300 -9.1%$200,700 -11%
    2009$2,530 +2.4%$225,400
    2008$2,470 -0.3%--
    2007$2,478 +12.3%--
    2006$2,206 +21.5%--
    2005$1,816 +0.8%--
    2004$1,802 +1.7%--
    2003$1,772 +22.2%--
    2002$1,450 -15.6%--
    2001$1,718 --
    Find assessor info on the county website

    Neighborhood: 55372

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $389,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $389,400