Welcome to this spacious 5-bedroom, 3-bath home in a fantastic Lakeville location offering room to spread out and updates where they matter most. The upper level features newer durable LVP flooring in the living room and owner’s bedroom, an open and inviting layout, and updated windows that bring in great natural light throughout the home. Major mechanical updates provide peace of mind, including a new furnace and A/C w/ a heat pump in 2025, . Additional updates include a water heater in 2021, water softener in 2020, updated refrigerator in 2019, gas dryer in 2019, and garage door opener in 2023. This home's layout offers plenty of space for everyday living, working from home, and hobbies. The spacious lower level family room boasts new carpet installed in May 2026. A cozy gas fireplace and recently added shiplap accents that bring warmth and character to the space. Outside, enjoy a great established neighborhood setting with a fenced, well-maintained, ample sized yard and a home that has been well cared for over the years. There is a large storage shed as well to use for all the outdoor tools to maintaining this yard and home. The location offers close access to major roads and the freeway. Nearby golf course, walking paths, and parks for enjoying the amazing Minnesota seasons. A great opportunity to own a move-in ready home with space, updates, and flexibility in Lakeville and access to ISD 194 schools.
Closed
$463,500
16608 Imperial Way, Lakeville, MN 55044
5beds
2,500sqft
Single Family
Built in 1991
0.29 Acres Lot
$463,600 Zestimate®
$185/sqft
$3,780 Estimated rent
Home value
$463,600
$436,000 - $491,000
$3,780/mo
Zestimate® history
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$3,780/mo
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$3,780/mo
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$2,881/mo
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$2,881/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Andy Hentges 612-512-4963,
Re/Max Advantage Plus,
Julie Hentges 763-333-5935
Bought with:
Muyhuoy Houth
Bridge Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7072337
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 137.5 Square Feet
- Dimensions: 11x12.5
Bedroom 4
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 5
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12x12
Deck
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Family room
- Level: Lower
- Area: 537.5 Square Feet
- Dimensions: 21.5x25
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Laundry
- Level: Lower
- Area: 149.5 Square Feet
- Dimensions: 11.5x13
Living room
- Level: Upper
- Area: 346.5 Square Feet
- Dimensions: 21x16.5
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: In Basement, Gas Dryer Hookup, Lower Level, Laundry Room, Washer Hookup
Features
- Basement: Block,Daylight,Drain Tiled,Finished,Storage Space,Sump Basket,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 2,560
- Total interior livable area: 2,500 sqft
- Finished area above ground: 1,300
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway - Other Surface, Electric, Garage Door Opener, Storage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Deck
- Pool features: None
- Fencing: Chain Link,Full
Lot
- Size: 0.29 Acres
- Dimensions: 145 x 87
- Features: Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 1280
- Parcel number: 228330002100
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Frame, Stone
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Electric: 150 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Walnut Ridge
HOA
- Has HOA: No
Location
- Region: Lakeville
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $418,000
- Annual tax amount: $4,767
- Date on market: 5/31/2026
- Cumulative days on market: 6 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $463,500+7.8%$185/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7072337 Report a problem | ||
| 6/10/2026 | Pending sale | $430,000$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7072337 Report a problem | ||
| 6/3/2026 | Listed for sale | $430,000+54.2%$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7072337 Report a problem | ||
| 7/9/2004 | Sold | $278,775+6.4%$112/sqft |
Source: Public Record Report a problem | ||
| 8/18/2003 | Sold | $262,000+87.3%$105/sqft |
Source: Public Record Report a problem | ||
| 6/3/1996 | Sold | $139,900$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,986 -0.6% | $418,000 +0.3% |
| 2023 | $5,016 +4.1% | $416,800 +3.5% |
| 2022 | $4,818 +7.3% | $402,800 +17.3% |
| 2021 | $4,490 +3.4% | $343,300 +10.3% |
| 2020 | $4,344 -2.7% | $311,124 -0.1% |
| 2019 | $4,466 | $311,500 +4.7% |
| 2018 | $4,466 +6.5% | $297,600 +8.7% |
| 2017 | $4,194 +25.1% | $273,700 +4.9% |
| 2016 | $3,353 +4.2% | $261,000 +13.1% |
| 2015 | $3,220 +1.6% | $230,682 +1% |
| 2014 | $3,169 +5.4% | $228,502 +10% |
| 2013 | $3,007 +983.5% | $207,683 |
| 2012 | $278 -90.2% | -- |
| 2011 | $2,825 -0.5% | -- |
| 2010 | $2,839 -2.5% | -- |
| 2009 | $2,911 -2.2% | -- |
| 2008 | $2,977 +3.9% | -- |
| 2007 | $2,866 +4.4% | -- |
| 2006 | $2,745 +23.7% | -- |
| 2004 | $2,219 +12.6% | -- |
| 2003 | $1,971 +18.8% | -- |
| 2002 | $1,660 -27.9% | -- |
| 2001 | $2,303 | -- |
Find assessor info on the county website
Neighborhood: 55044
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Nearby schools
GreatSchools rating
- 7/10Oak Hills Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Century Middle SchoolGrades: 6-8Distance: 2.1 mi
- 10/10Lakeville North High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$463,600
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Estimated market value
$463,600
- Minnesota
- Dakota County
- Lakeville
- 55044
- 16608 Imperial Way
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