$475,000
PENDING

16400 Luther Way Eden Prairie, MN 55346

Estimated payment $2,894/month

Total Views 4,620
4 Beds
2 Baths
2,248 Sq Ft
$211 Price per Sq Ft

Highlights

  • Deck
  • Recreation Room
  • Sun or Florida Room
  • Prairie View Elementary School Rated A
  • Vaulted Ceiling
  • Corner Lot

About This Home

Beautifully updated rambler in the heart of Eden Prairie, set on a spacious, level lot with a full privacy fence. The main floor features a stylish kitchen with white cabinetry, granite countertops, and stainless-steel appliances, opening to a vaulted three-season porch with deck access. A welcoming family room and dining area provide comfortable gathering spaces, while three bedrooms and a full bath with dual vanities complete the level. The finished lower level offers a generous family room, fourth bedroom, office, updated full bath, and abundant storage. Please see supplements for a full list of improvements.

Listing Agent

Rick Brama

Keller Williams Premier Realty Lake Minnetonka Listed on: 09/29/2025

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1973

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 192x154x128x157
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Kirk Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0811622420003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,781

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: N/A
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished
  • Appliances: Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 2248
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Recreation Room, Game Room, Deck, Sun Room, Porch, Bedroom 4, Office

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Rolled/Hot Mop, Pitched
  • Fencing: Full, Privacy, Wood
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Finished Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Local Area Network,Satelite Dish,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Eden Prairie
  • SchoolDistrictPhone: 952-975-7000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 192x154x128x157
  • Lot Size Sq Ft: 20743
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0811622420003
  • Tax Annual Amount: 4781
  • TaxWithAssessments: 4781.0000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,781 $400,000 $166,900 $233,100
2023 $4,415 $392,300 $163,700 $228,600
2022 $3,770 $386,200 $161,200 $225,000
2021 $3,679 $313,700 $131,000 $182,700
2020 $3,804 $308,800 $145,000 $163,800
2019 $3,540 $308,800 $145,000 $163,800
2018 $3,395 $286,000 $134,300 $151,700
2017 $3,260 $257,100 $120,700 $136,400
2016 $3,102 $244,200 $120,800 $123,400
2015 $2,993 $228,300 $112,900 $115,400
2014 -- $215,500 $106,600 $108,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Pending -- -- --
11/07/2025 11/07/25 Price Changed $475,000 -1.0% $211 / Sq Ft
10/13/2025 10/13/25 Price Changed $479,900 -4.0% $213 / Sq Ft
10/03/2025 10/03/25 For Sale $499,900 -- $222 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Burnet Title
Warranty Deed $140,000 --
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $363,750 New Conventional
Closed $363,750 No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6773479

NorthstarMLS

APN: 08-116-22-42-0003