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16505 Island Oaks Ct

Minnetonka, MN 55391

4 bd 5 ba 4,654 sqft Built 2024 Lot 22,216 sqft single_family
Most recent sale
$838,941
Oct 26, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2023 Listed $3,337,983 NorthstarMLS
Oct 26, 2023 Sold $838,941 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $800,000 $800,000 $12,000
2024 $450,000 $450,000 $6,396
2023 $400,000 $400,000 $5,763

Property facts

Year built
2024
Property type
single_family
Stories
1
Beds
4
Baths
5
Living area
4,654 sqft
Lot size
22,216 sqft
ZIP code
55391
City
Minnetonka
Street
Island Oaks Ct
Coordinates
44.96099, -93.48915

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,981
Gross rental yield
9.99%
Implied cap rate
6.49%
Trend-extrapolated value

Frequently asked questions

When did 16505 Island Oaks Ct last sell?
16505 Island Oaks Ct most recently sold on Oct 26, 2023 for $838,941.
What is the current tax assessment for 16505 Island Oaks Ct?
The most recent total assessment for 16505 Island Oaks Ct (year 2025) is $800,000 with $12,000 in property tax.
How does 16505 Island Oaks Ct's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $838,941.
When was 16505 Island Oaks Ct built?
16505 Island Oaks Ct was built in 2024.
How does 16505 Island Oaks Ct compare to others on Island Oaks Ct?
We track 4 other properties on Island Oaks Ct. Browse the list under "Other properties on Island Oaks Ct" to compare beds, baths, and sale history.
What are the property facts for 16505 Island Oaks Ct?
16505 Island Oaks Ct is a 4 bed, 5 bath, 4,654 sqft, 22,216 sqft lot single_family.
Is 16505 Island Oaks Ct a flip candidate?
No — 16505 Island Oaks Ct does not appear in our flips dataset.
Is 16505 Island Oaks Ct a tax-appeal candidate?
No — 16505 Island Oaks Ct 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
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast

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