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20558 Cypress Dr

Farmington, MN 55024

2 bd 2 ba 1,562 sqft Built 2004 Lot 3,267 sqft townhomes
Most recent sale
$289,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $289,000 MLS #6200982
May 24, 2022 Listed $275,000 MLS #6200982
Sep 17, 2015 Listing removed $210,810 NorthstarMLS
Feb 21, 2007 Sold $192,951 Public Record
Oct 6, 2005 Sold $183,900 Public Record
Oct 9, 2004 Listed $210,810 MLS #2337082
Jun 29, 2004 Listed $210,810 MLS #2292512

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $166,903 $69,293 $236,196 $2,964
2023 $175,239 $69,831 $245,070 $3,000
2022 $153,877 $59,583 $213,460 $3,078
2021 $153,510 $56,571 $210,081 $3,054
2020 $153,510 $56,571 $210,081 $3,082
2019 $149,705 $53,618 $203,323 $2,917
2018 $139,127 $49,045 $188,172 $2,698
2017 $123,588 $44,528 $168,116 $2,593
2016 $114,544 $41,909 $156,453 $2,357
2015 $98,634 $38,853 $137,487 $2,099
2014 $94,583 $35,056 $129,639 $1,839
2013 $77,214 $29,753 $106,967 $1,914
2012 $76,303 $29,683 $105,986 $2,118
2011 $91,225 $32,419 $123,644 $2,173
2009 $129,800 $53,200 $183,000 $2,300
2008 $129,800 $53,200 $183,000 $2,352
2007 $142,700 $53,200 $195,900 $2,177

Property facts

Year built
2004
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,562 sqft
Lot size
3,267 sqft
ZIP code
55024
City
Farmington
Street
Cypress Dr
Coordinates
44.65247, -93.16824

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,343
Gross rental yield
9.73%
Implied cap rate
6.32%
Trend-extrapolated value

Frequently asked questions

When did 20558 Cypress Dr last sell?
20558 Cypress Dr most recently sold on Jul 7, 2022 for $289,000.
What is the current tax assessment for 20558 Cypress Dr?
The most recent total assessment for 20558 Cypress Dr (year 2025) is $236,196 with $2,964 in property tax.
How does 20558 Cypress Dr's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $289,000.
When was 20558 Cypress Dr built?
20558 Cypress Dr was built in 2004.
How does 20558 Cypress Dr compare to others on Cypress Dr?
We track 8 other properties on Cypress Dr. Browse the list under "Other properties on Cypress Dr" to compare beds, baths, and sale history.
What are the property facts for 20558 Cypress Dr?
20558 Cypress Dr is a 2 bed, 2 bath, 1,562 sqft, 3,267 sqft lot townhomes.
Is 20558 Cypress Dr a flip candidate?
No — 20558 Cypress Dr does not appear in our flips dataset.
Is 20558 Cypress Dr a tax-appeal candidate?
No — 20558 Cypress 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
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$446.6K
2026 Q4
$451.5K
ZIP 55024 — Median Price History + Forecast

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