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16241 Terracewood Dr

Eden Prairie, MN 55346

3 bd 3 ba 2,392 sqft Built 1986 Lot 21,780 sqft single_family
Most recent sale
$630,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $630,000 MLS #6226846
Jul 15, 2022 Listed $624,900 MLS #6226846

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $425,300 $194,200 $619,500 $7,697
2024 $410,300 $207,900 $618,200 $7,255
2023 $403,700 $204,400 $608,100 $7,169
2022 $327,400 $165,900 $493,300 $6,072
2021 $321,000 $162,700 $483,700 $5,911
2020 $321,000 $162,700 $483,700 $6,113
2019 $321,000 $162,700 $483,700 $5,962
2018 $300,500 $165,200 $465,700 $5,694
2017 $280,700 $154,300 $435,000 $5,450
2016 $410,205 $5,493
2015 $410,205 $5,486
2014 $393,092 $5,330
2013 $372,600 $5,324
2012 $372,600 $5,431
2011 $390,476 $5,357
2010 $248,200 $152,100 $400,300 $5,228
2009 $261,100 $160,000 $421,100 $4,974
2008 $284,100 $137,000 $421,100 $4,873
2007 $275,900 $133,100 $409,000 $4,818

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,392 sqft
Lot size
21,780 sqft
ZIP code
55346
City
Eden Prairie
Street
Terracewood Dr
Coordinates
44.88134, -93.48209

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,588
Gross rental yield
6.83%
Implied cap rate
4.44%
Trend-extrapolated value

Frequently asked questions

When did 16241 Terracewood Dr last sell?
16241 Terracewood Dr most recently sold on Sep 19, 2022 for $630,000.
What is the current tax assessment for 16241 Terracewood Dr?
The most recent total assessment for 16241 Terracewood Dr (year 2025) is $619,500 with $7,697 in property tax.
How does 16241 Terracewood Dr's assessment compare to its last sale price?
The current assessment is 1.7% below the last sale price of $630,000.
When was 16241 Terracewood Dr built?
16241 Terracewood Dr was built in 1986.
How does 16241 Terracewood Dr compare to others on Terracewood Dr?
We do not currently track other properties on Terracewood Dr.
What are the property facts for 16241 Terracewood Dr?
16241 Terracewood Dr is a 3 bed, 3 bath, 2,392 sqft, 21,780 sqft lot single_family.
Is 16241 Terracewood Dr a flip candidate?
No — 16241 Terracewood Dr does not appear in our flips dataset.
Is 16241 Terracewood Dr a tax-appeal candidate?
No — 16241 Terracewood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+1.8%
2026 Q3
$690.3K
2026 Q4
$693.4K
ZIP 55346 — Median Price History + Forecast

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