Seller's Agent in 2025
Chuck Carstensen
RE/MAX Results
(612) 290-3809
22 in this area
474 Total Sales
515 Cypress St S Cambridge, MN 55008
6
Beds
3
Baths
2,571
Sq Ft
10,019
Sq Ft Lot
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
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Mar 31, 2025
Sold by
Everson Arne
Bought by
Halverson Troy
Seller's Agent
Chuck Carstensen
RE/MAX Results
Buyer's Agent
Wendy Peterson
Edina Realty, Inc.
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,761
Avg. Annual Appreciation
-1.02%
Original Mortgage
$233,195
Outstanding Balance
$232,203
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$96,036
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $233,195 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,742 | $327,400 | $20,000 | $307,400 |
| 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: Public Records
Agents Affiliated with this Home
-
Chuck Carstensen
-
Michelle Carstensen
Seller Co-Listing Agent in 2025
Michelle Carstensen
RE/MAX Results
(651) 226-2590
16 in this area
478 Total Sales
-
Wendy Peterson
Buyer's Agent in 2025
Wendy Peterson
Edina Realty, Inc.
(651) 246-5752
3 in this area
180 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6653744
APN: 15.048.1230
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 436 6th Ave SW
- 239 6th Ave SW
- 521 3rd Ave SW
- 828 Cypress St S
- 630 3rd Ave SW
- 830 Dellwood St S
- 222 Birch St N
- XXXX 3rd Ave NE
- 334 Ashland St N
- 5xx 4th Ave NW
- 100 11th Ave SE
- TBD Garfield St S
- 912 Garfield St S
- 1010 Garfield St S
- 1341 Carriage Hills Dr S
- 517 Old Main St N
- 444 Maple Dell Rd
- 1140 Carriage Hills Dr S
- 726 Centennial St
- 1565 Carriage Ln S