515 Cypress St S Cambridge, MN 55008
Highlights
- Corner Lot
- 2 Car Attached Garage
- Forced Air Heating System
- Porch
About This Home
As of March 2025Check out this awesome Cambridge Triplex located on a corner lot near the Rum River and Cambridge City Park! There are three units in total: one on the main level and two on the upper level, with one of them being a studio. The main level unit boasts a spacious family room, a flexible dining room/living room, two bedrooms, a kitchen with abundant counter and cabinet space, and a 3-season porch. Unit two offers 3 bedrooms and a good-sized kitchen with a center island. Unit 3 is a studio apartment with a great open layout for comfortable living. The basement is unfinished and has a forced air furnace, two gas hot water heaters, and a washer/dryer that all the units can use. You'll also have an attached 2 car garage for parking and storage, as well as extra parking available. This is a great opportunity for investment! Set up your showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,950
Year Built
- Built in 1890
Lot Details
- Lot Dimensions are 87x105
- Corner Lot
Parking
- 2 Car Attached Garage
- Parking Fee
Home Design
- Triplex
- Brick Foundation
Interior Spaces
- 2,571 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 3 Units
- Congers Add Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- The owner pays for insurance, trash collection
- Assessor Parcel Number 150481230
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $233,195 | New Conventional |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $330,000 | -5.7% | $128 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/02/2025 02/02/25 | For Sale | $349,900 | -- | $136 / Sq Ft |
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 | $4,950 | $339,600 | $17,500 | $322,100 |
| 2023 | $4,826 | $339,600 | $17,500 | $322,100 |
| 2022 | $4,218 | $314,300 | $17,500 | $296,800 |
| 2021 | $4,164 | $237,600 | $17,500 | $220,100 |
| 2020 | $4,534 | $233,900 | $17,500 | $216,400 |
| 2019 | $4,270 | $252,500 | $0 | $0 |
| 2018 | $4,424 | $228,700 | $0 | $0 |
| 2016 | $3,948 | $0 | $0 | $0 |
| 2015 | $4,254 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: NorthstarMLS
MLS Number: 6653744
APN: 15.048.1230
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