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2401 Cornell Dr

Faribault, MN 55021

2 bd 2 ba 1,286 sqft Built 1997 Lot 2,592 sqft condo
Most recent sale
$241,000
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $241,000 NorthstarMLS
Mar 19, 2024 Listed $235,000 NorthstarMLS
Jan 18, 2019 Sold $158,000 NorthstarMLS
Dec 19, 2018 Listing removed GreaterLakes
Nov 21, 2018 Listed $158,000 GreaterLakes
Nov 20, 2018 Listed $158,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $126,200 $1,720
2021 $115,800 $1,594
2020 $114,200 $1,546
2019 $91,800 $1,276
2018 $88,900 $1,268
2017 $80,300 $1,192
2016 $73,100 $1,124
2015 $71,300 $1,048
2014 $70,300 $1,122
2013 $69,800 $1,018
2012 $79,900 $1,026
2011 $119,200 $1,054
2009 $123,100 $922
2006 $138,100 $1,130
2005 $117,800 $804

Property facts

Year built
1997
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,286 sqft
Lot size
2,592 sqft
ZIP code
55021
City
Faribault
Street
Cornell Dr
Coordinates
44.30526, -93.30535

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,929
Gross rental yield
9.60%
Implied cap rate
6.24%
Trend-extrapolated value

Frequently asked questions

When did 2401 Cornell Dr last sell?
2401 Cornell Dr most recently sold on Apr 22, 2024 for $241,000.
What is the current tax assessment for 2401 Cornell Dr?
The most recent total assessment for 2401 Cornell Dr (year 2022) is $126,200 with $1,720 in property tax.
How does 2401 Cornell Dr's assessment compare to its last sale price?
The current assessment is 47.6% below the last sale price of $241,000.
When was 2401 Cornell Dr built?
2401 Cornell Dr was built in 1997.
How does 2401 Cornell Dr compare to others on Cornell Dr?
We track 8 other properties on Cornell Dr. Browse the list under "Other properties on Cornell Dr" to compare beds, baths, and sale history.
What are the property facts for 2401 Cornell Dr?
2401 Cornell Dr is a 2 bed, 2 bath, 1,286 sqft, 2,592 sqft lot condo.
Is 2401 Cornell Dr a flip candidate?
No — 2401 Cornell Dr does not appear in our flips dataset.
Is 2401 Cornell Dr a tax-appeal candidate?
No — 2401 Cornell Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast

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