1 month on rocket

Sale Pending

16280 Terracewood Dr, Eden Prairie, MN, 55346

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,172 SqFt
$173/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

16280 Terracewood Dr, Eden Prairie$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

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 #6619471
StatusSale Pending
(Active)

About 16280 Terracewood Dr

Experience the charm of this one-of-a-kind, custom-built 2-story Tudor home, perfectly nestled in the highly sought-after Eden Prairie School District. Enjoy the convenience of nearby restaurants, local breweries, and grocery stores—all just a short drive away. Carefully looked after by its original owner, this distinctive residence features 4 bedrooms, 4 bathrooms, and a spacious 3-car garage with two separate entrances to the house - one directly to the main level kitchen and one into the partially finished basement area that offers you 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 with a private entrance from the garage directly into the basement. This exceptional home is competitively priced, allowing for future updates and personal touches. Some photos have been virtually staged.

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

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $5,712
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Eden Prairie, MN

City

Med. Sold Price

$465K

Med. Price/SqFt

$203

Avg. Days On Market

38

# of Sold Homes

64

16280 Terracewood Dr vs Eden Prairie

30 DAYS ON ROCKET

-8 Days

$550,000

+$85K More

$173/SqFt

-$31 Less

KEY TAKEAWAY

This property is $85K more than the Median Sold Price and $31/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: #6619471

Listing Office:

  • Office Name: eXp Realty

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 6:22:48 PM 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

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Nearby Schools

school-card-donut-697266
7
/10

  • Prairie View Elementary School

  • 17255 Peterborg Rd

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-697267
3
/10

  • Gatewood Elementary

  • 14900 Gatewood Dr

  • 1.23 miles

  • Public District Grades KG-6

school-card-donut-697268
9
/10

  • Scenic Heights Elementary

  • 5650 Scenic Heights Dr

  • 1.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $131,250. The majority of Eden Prairie, MN residents have income 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 $550,000.

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?

Sale Pending: 16280 Terracewood Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

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 Homes›Minnesota›Hennepin County›Eden Prairie›55346›16280 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 October 23, 2024 and is currently priced at $550,000.

While more than 18 listings in Eden Prairie, MN in October 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 32 were sold below. In October 2024 in Eden Prairie, MN there were 5.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 38 days, the median list price was $465,000.

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

More Resources