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16121 Highwood Dr

Minnetonka, MN 55345

5 bd 4 ba 2,593 sqft Built 1964 Lot 23,522 sqft single_family
Most recent sale
$560,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 12, 2025 Sold $560,000 Public Record
Mar 6, 2025 Sold $560,000 Public Record
Dec 31, 2024 Sold $585,000 NorthstarMLS
Oct 18, 2024 Price changed $599,900 NorthstarMLS
Jul 26, 2024 Listed $624,900 NorthstarMLS
May 23, 2024 Sold $477,591 Public Record
May 20, 2024 Sold $477,591 Public Record
Apr 29, 2024 Price changed $575,000 NorthstarMLS
Mar 28, 2024 Listed $599,900 NorthstarMLS
May 4, 2022 Listed $600,000 MLS #6185384
Apr 7, 2022 Price changed $629,900 MLS #6160224
Mar 24, 2022 Price changed $639,900 MLS #6160224
Mar 11, 2022 Sold $560,000 Public Record
Mar 4, 2022 Listed $649,900 MLS #6160224
Feb 22, 2022 Sold $560,000 MLS #6150452
Feb 8, 2022 Listed $560,000 MLS #6150452
Oct 1, 2021 Sold $400,000 Public Record
Sep 27, 2021 Sold $336,000 Public Record
Sep 16, 2021 Sold $400,000 Public Record
Aug 3, 2021 Sold $336,000 Public Record
Feb 1, 1988 Sold $131,500 Public Record
Sep 1, 1984 Sold $107,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $341,000 $213,400 $554,400 $8,568
2024 $327,700 $213,400 $541,100 $7,612
2023 $218,900 $213,400 $432,300 $5,447
2022 $387,424 $5,347
2021 $364,752 $5,029
2020 $368,349 $5,301
2019 $349,601 $5,061
2018 $316,683 $4,617
2017 $306,001 $4,502
2016 $277,007 $4,099
2015 $253,790 $3,784
2014 $217,384 $3,373
2013 $230,464 $3,469
2012 $248,340 $3,552
2011 $120,000 $150,000 $270,000 $3,525
2010 $136,900 $150,000 $286,900 $3,422
2009 $158,500 $150,000 $308,500 $3,534
2008 $195,300 $125,000 $320,300 $3,625
2007 $187,600 $125,000 $312,600 $3,646

Property facts

Year built
1964
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,593 sqft
Lot size
23,522 sqft
ZIP code
55345
City
Minnetonka
Street
Highwood Dr
Coordinates
44.92028, -93.48471

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,890
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value

Frequently asked questions

When did 16121 Highwood Dr last sell?
16121 Highwood Dr most recently sold on Mar 11, 2022 for $560,000.
What is the current tax assessment for 16121 Highwood Dr?
The most recent total assessment for 16121 Highwood Dr (year 2025) is $554,400 with $8,568 in property tax.
How does 16121 Highwood Dr's assessment compare to its last sale price?
The current assessment is 1.0% below the last sale price of $560,000.
When was 16121 Highwood Dr built?
16121 Highwood Dr was built in 1964.
How does 16121 Highwood Dr compare to others on Highwood Dr?
We track 8 other properties on Highwood Dr. Browse the list under "Other properties on Highwood Dr" to compare beds, baths, and sale history.
What are the property facts for 16121 Highwood Dr?
16121 Highwood Dr is a 5 bed, 4 bath, 2,593 sqft, 23,522 sqft lot single_family.
Is 16121 Highwood Dr a flip candidate?
Yes — 16121 Highwood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16121 Highwood Dr a tax-appeal candidate?
No — 16121 Highwood 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
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$617.1K
2026 Q4
$608K
ZIP 55345 — Median Price History + Forecast

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