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16280 Terracewood Dr, Eden Prairie, MN, 55346

$564,900

Home List Price

$6,708*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,172 SqFt
$178/SqFt
House

Location

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16280 Terracewood Dr, Eden Prairie$564,900

Buyer Closing Credits

$6,708*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Insulated Garage, Tuckunder Garage
Attached Garage3 spaces
Year Built1989
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceWood Burning
MLS #6566204
StatusActive

About 16280 Terracewood Dr

Discover this truly unique, custom-built 2-story Tudor home, situated in the coveted Eden Prairie School District. Carefully looked after by its original owner, this distinctive residence features 4 bedrooms, 4 bathrooms, and a spacious 3-car garage, with plenty of room for expansion. The home offers a one-of-a-kind layout with expansive, light-filled living spaces, vaulted ceilings, and abundant windows that create an inviting atmosphere for entertaining. It includes two primary suites—a grand suite on the main level and a guest suite on the upper floor, each with its own en-suite bathroom. Step outside onto the new composite deck, accessible from the charming 3-season porch, and enjoy views of the lush, serene surroundings. Recent updates enhance the home’s appeal, including a new roof, a built-in smart Samsung cooktop, and a newer water heater. The main level features hardwood floors and two of three fireplaces for cozy winter nights. The partially finished basement presents a valuable opportunity to add even more living space, including the potential for an additional bed and bath (plumbing rough-in) and or a mother-in-law suite. This exceptional home is competitively priced, allowing for future updates and personal touches.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 3,172 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Insulated Garage, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eden Prairie High School, Public District Grades 9-12
  • Central Middle School, Public District Grades 7-8
  • Forest Hills Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: ON E SIDE OF EDEN PRAIRIE RD BETW 62 & HWY 5

Price Information

Listing Price Info

Price Summary:

  • List Price: $564,900
  • Price Per SqFt: $178/SqFt

Tax Information:

  • Annual Amount: $5,712
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Eden Prairie, MN.

Med. Sold Price

$460K

Med. Price/SqFt

$203

Avg. Days On Market

26

# of Sold Homes

72

16280 Terracewood Dr vs Eden Prairie

73 DAYS ON ROCKET

+47 Days

$564,900

+$104.8K More

$178/SqFt

-$25 Less

KEY TAKEAWAY

This property is $104.8K more than the Median Sold Price and $25/SqFt less than other homes in Eden Prairie, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6566204

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 9/21/2024, 12:52:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,712$467,400
2019$5,906$467,400
2018$5,843$456,500
2017$5,583$426,500

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-287346
7
/10
  • Forest Hills Elementary

  • 13708 Holly Rd

  • 1.55 miles

  • Public District Grades KG-6

Middle School

school-card-donut-287347
5
/10
  • Central Middle School

  • 8025 School Rd

  • 1.81 miles

  • Public District Grades 7-8

High School

school-card-donut-287348
8
/10
  • Eden Prairie High School

  • 17185 Valley View Rd

  • 0.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $131,250. Typical income of Eden Prairie, MN residents is between $100k-200k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16280 Terracewood Dr

What is the listing price of this property?

The listing price of 16280 Terracewood Dr property is $564,900.

What type of property is this?

The property 16280 Terracewood Dr is a house located in Eden Prairie, Minnesota, 55346.

Is this property for sale now?

Active Listing: 16280 Terracewood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16280 Terracewood Dr are:
Forest Hills Elementary: GreatSchools Rating 7/10
Central Middle School: GreatSchools Rating 5/10
Eden Prairie High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,712 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16280 Terracewood Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 16280 Terracewood Dr is 3,172 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16280 Terracewood Dr is 1989.

Rocket HomesMinnesotaHennepin CountyEden Prairie5534616280 Terracewood Dr

This home is located at 16280 Terracewood Dr in Eden Prairie, MN and zip code 55346 in the Hidden Ridge neighborhood. This 3,172 square foot home was built in 1989. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $564,900.

In August 2024, from all listings sold in Eden Prairie, MN there were more than 27 sold above asking price, over 24 sold below and more than 21 were sold right at the asked price. Between July 2024 and August 2024, Eden Prairie, MN real estate market has seen decrease in the number of listings by 0.4%. While the average time on the market in August 2024 was 26 days, the median list price was $460,071.

From Rocket Homes Real Estate and based on county public records data.

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