NOT LISTED FOR SALE

16505 Norwood Dr Minnetonka, MN 55345

Spring Hill Park Neighborhood

Estimated Value: $502,000 - $548,951

3 Beds
1 Bath
2,868 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 16505 Norwood Dr, Minnetonka, MN 55345 and is currently estimated at $524,738, approximately $182 per square foot. 16505 Norwood Dr is a home located in Hennepin County with nearby schools including Scenic Heights Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Mayer Robert P and Mayer Jody B
Bought by
Kreutziger Nicholas and Kreutziger Jaden
Current Estimated Value
$521,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$394,755
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$101,118

Purchase Details

Closed on
Jul 2, 2007
Sold by
Rootes James D and Rootes Nancy L
Bought by
Mayer Robert P and Mayer Jody B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kreutziger Nicholas $500,000 Edgewater Title Group
Mayer Robert P $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreutziger Nicholas $400,000
Previous Owner Mayer Robert P $120,500
Previous Owner Mayer Robert P $208,000
Previous Owner Mayer Robert P $175,000
Previous Owner Mayer Robert P $81,000
Source: Public Records

Tax History Compared to Growth

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
2023 $5,904 $471,900 $213,400 $258,500
2022 $4,820 $396,900 $213,400 $183,500
2021 $4,744 $353,800 $194,000 $159,800
2020 $5,069 $349,400 $194,000 $155,400
2019 $4,753 $356,900 $194,000 $162,900
2018 $4,287 $334,900 $194,000 $140,900
2017 $3,981 $281,600 $166,200 $115,400
2016 $4,183 $293,600 $148,500 $145,100
2015 $4,071 $285,100 $150,000 $135,100
2014 -- $263,200 $150,000 $113,200
Source: Public Records

Map

Minnesota Hennepin County Minnetonka 55345 Spring Hill Park

16505 Norwood Dr, Minnetonka, MN

This home is located at 16505 Norwood Dr, Minnetonka, MN 55345 and is currently estimated at $524,738, approximately $182 per square foot. 16505 Norwood Dr is a home located in Hennepin County with nearby schools including Scenic Heights Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes