16057 Olive St NW, Andover, MN, 55304
About This Home
This stunning 2022 walkout home on the pond is a must-see, offering the perfect blend of modern comfort, effortless one-level living, and room to grow. Designed with both everyday living and entertaining in mind, the inviting open-concept layout seamlessly connects the kitchen, dining, and living areas. A bright sunroom adds even more functional living space. The home features 3 spacious bedrooms and 2 full bathrooms, all thoughtfully designed for comfort and convenience. One of the standout features is the expansive 1,700 square feet of unfinished walkout lower-level space, providing endless opportunities to customize the home to fit your lifestyle. Enjoy low-maintenance living with an HOA that takes care of snow removal, lawn care, and irrigation maintenance. Each home maintains own Insurance premiums—giving you more time to relax and enjoy your surroundings. Each owner provides own insurance policy. Nestled in a highly desirable Andover neighborhood close to shopping, dining, parks, and everyday conveniences, this home offers comfort, flexibility, and long-term value in one exceptional package.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2022
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Type & Style
- Home type: Townhouse
- Property subType: (TH) Detached
Interior
Appliances
- Appliances included: Air-To-Air Exchanger,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Drain Tiled,Full,Unfinished,Walk-Out Access
Bathroom
- Level: Main
- Area: 40
- Dimensions: 4x10
Bedroom
- Level: Main
- Area: 182
- Dimensions: 14x13
Bedroom2
- Level: Main
- Area: 156
- Dimensions: 13x12
Bedroom3
- Level: Main
- Area: 156
- Dimensions: 13x12
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Deck
- Level: Main
- Area: 120
- Dimensions: 12x10
Dining Room
- Level: Main
- Area: 154
- Dimensions: 14x11
Features
- Finished area below ground: 0
- Finished area above ground: 1,776
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,552
- Total interior livable area: 1,776 sqft
Kitchen
- Level: Main
- Area: 156
- Dimensions: 13x12
Laundry
- Level: Main
- Area: 96
- Dimensions: 12x8
Living Room
- Level: Main
- Area: 238
- Dimensions: 17x14
Patio
- Level: Main
- Area: 120
- Dimensions: 12x10
Porch
- Level: Main
- Area: 102
- Dimensions: 17x6
Primary Bathroom
- Level: Main
- Area: 100
- Dimensions: 10x10
Sun Room
- Level: Main
- Area: 154
- Dimensions: 14x11
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 133224320076
- Zoning description: Residential-Single Family
- Foundation area: 1776
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Waterfront features: Pond
Lot
- Lot size: 6,926 sqft
- Features: Tree Coverage - Light
- Lot size dimensions: 53 x 133 x 53 x 130
Parking
- Total spaces: 2
- Parking features: Attached,Concrete,Garage Door Opener,Insulated Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Anoka County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,654 | $31,848 |
| Home Insurance * | $319 | $3,828 |
| Property Taxes | $880 | $10,560 |
| Electricity | $170 | $2,050 |
| Total | $4,023 | $48,276 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Pending sale | $525,000 |
| 2026-07-16 | Price change | $525,000 |
| 2026-06-19 | Listed for sale | $539,900 |
| 2022-02-04 | Sold | $492,822 |
| 2021-08-12 | Pending sale | $481,435 |
| 2021-08-10 | Listed for sale | $481,435 |
| 2021-02-04 | Sold | $377,721 |
| 2020-07-09 | Sold | $518,163 |
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