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Residential (General/Single)Residential
$1,176,125
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $785,000 on May 29, 2020

16500 LAKE STREET EXT

MINNETONKA, MN 55345
0
Baths
0.5 ac
Lot SizeThe size of the land the home sits on, from county records.
2018
Year BuiltThe year the home was originally built, according to county records.

Valuation

$1.2M
$1.1M low$1.2M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$785,000 · May 29, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$14,273 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$960,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$206,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$754,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$906,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$960,900

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.0.50
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Package
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(12)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Minnetonka Middle School EastA+
Middle · Grades 6–8 · 0.4 mi
E
Groveland ElementaryA+
Elementary · Grades KG–5 · 1.1 mi
H
Minnetonka High SchoolA+
High · Grades 9–12 · 1.7 mi

District: Minnetonka Public School District

Neighborhood · ZIP 55345These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.60
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.22,380
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,931 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$130,127
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$151,732
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.30 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

16500 Lake Street Ext measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 97% of homes in Minnetonka 55345
  • Has a bigger lot than 78% of homes in Hennepin County
  • Among the newest homes in Minnetonka 55345

What homes are worth in Minnetonka 55345

Each bar is how many homes fall in that price range. The marker is this home.

This home
$255K$1.3M

This home is worth more than 97% of homes in Minnetonka 55345.

How it measures up in Minnetonka 55345

The dot is this home. The mark in the middle is the typical home in Minnetonka 55345.

Estimated value$1,176,125
CheaperTypical $518,468Pricier

Pricier than 97% of homes nearby

Lot size0.5 ac
SmallerTypical 0.51 acBigger

Bigger than 49% of homes nearby

Year built2018
OlderTypical 1968Newer

Newer than almost all homes nearby

How 16500 Lake Street Ext ranks against every home in each area.
MeasureThis homeTonkawoodMinnetonka 55345Hennepin County
Estimated valuepricier than$1,176,12593% of homes97% of homes96% of homes
Lot sizebigger than0.5 ac35% of homes49% of homes78% of homes
Year builtnewer than201898% of homesalmost all homes97% of homes

About 16500 Lake Street Ext

How much is 16500 Lake Street Ext, Minnetonka, MN worth?

The TopHap Estimate for 16500 Lake Street Ext, Minnetonka, MN is $1,176,125 as of Sep 24, 2026. The likely range is $1,127,286 to $1,224,964. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 16500 Lake Street Ext, Minnetonka, MN last sell?

16500 Lake Street Ext, Minnetonka, MN last sold on May 29, 2020 for $785,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

When was 16500 Lake Street Ext, Minnetonka, MN built?

16500 Lake Street Ext, Minnetonka, MN was built in 2018, making it 8 years old.

What schools serve 16500 Lake Street Ext, Minnetonka, MN?

16500 Lake Street Ext, Minnetonka, MN is assigned to Minnetonka Middle School East (middle), rated A+; Groveland Elementary (elementary), rated A+; Minnetonka High School (high), rated A+. All sit in Minnetonka Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 16500 Lake Street Ext, Minnetonka, MN compare to other homes in Minnetonka 55345?

Among the 7,968 homes in Minnetonka 55345, it is worth more than 97% of them ($1,176,125 against a typical $518,468), its lot is bigger than 49% of them (0.5 ac against a typical 0.51 ac) and it is newer than almost all of them (2018 against a typical 1968). Measured against all of Hennepin County, it is worth more than 96% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 16500 Lake Street Ext, Minnetonka, MN?

The 2025 property tax bill for 16500 Lake Street Ext, Minnetonka, MN was $14,273. The county assessed it at $960,900.

More homes on Lake Street Ext

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More homes in Minnetonka 55345

Assigned schools

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