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3005 Cypress Drive

3005 Cypress Drive, Faribault, MN 55021
Property in Faribault
Sold Mar 26, 2021
$189,982
$189,981 by Guaranteed Rate Inc
Mortgage Due Mar 01, 2051
Sold Feb 06, 2019
$168,000
$171,612 by Stearns Lending Llc
Mortgage Due Mar 01, 2049
3005 Cypress Drive has been categorized by the local assessors in Faribault, MN as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3005 Cypress Drive has 1,451 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,045 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3005 Cypress Drive sold most recently in Jan 6, 2021 for a total of $189,982. If you work out the math, that's approximately a cost of $130.93 per sqft. Before that, the property was also sold for $168,000 in Feb 5, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,448 in taxes each year. 3005 Cypress Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,400. If we break it down further, the land itself was valued at $30,300. Improvements to the property, however, were assessed at a total of $191,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 1,045
  • Total Building Area: 1,451
  • Building Area: 1,451
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,451
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE FBLT VILLAS CIC#60 1ST SUPPLEMEN
  • Land Acres: 0.024
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LOT 26 OF VILLAGE FBLOT VILLAS CIC#60 1ST SUPPLEMENTAL UNIT 26 THE VILLAGE OF FARIBAULOT VILLAS CIC #60 1ST SUPPLEMENTAL

Ownership

  • Current Owner : STRAUSS STEVEN S
  • Previous Owner : KIEHL TYLER
  • Previous Owner 2: KIEHL MARINNY
  • Owner Before Previous Owner: ERICKSON KEITH EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Faribault Public School District
  • School Tax School District: 656
  • School Tax District Code 2: FARIBO
  • Census Tract: 070901

Geography

  • Parcel: 18.24.3.29.002
  • Lot: 26
  • Municipality: CITY OF FARIBAULT
  • Latitude: 44.3175
  • Longitude: -93.302

    Address

  • Full Address: 3005 Cypress Dr
  • Legal Unit: 26
  • Address - House Number: 3005
  • Address - Street Name: Cypress
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Faribault
  • Carrier Code: R006
  • 4-Digit Zip Code: 1928
  • Zip Code: 55021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,448
  • Tax Rate Code Area: FARIBO-SD6

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 240,516
  • High Value: 278,370
  • Low Value: 202,663

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $379,962
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $189,981
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Loan Amount: $189,981
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $221,400
  • Market Land Value: $30,300
  • Market Improvement Value: $191,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,400
  • Assessed Land Value: $30,300
  • Assessed Improvements Value: $191,100

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11828955461
  • Current Sale Price: $189,982
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T59731
  • Previous Sale Recording Date: Feb 06, 2019
  • Previous Sale Contract Date: Feb 05, 2019
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $189,981
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Feb 06, 2019
  • Previous Mortgage Loan Amount: $171,612
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Faribault



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Frequently Asked Questions

What neighborhood is 3005 Cypress Drive located in?
The 3005 Cypress Drive is a located in the neighborhood of Faribault in Faribault, Faribault.
What is the average sales price for listings in 3005 Cypress Drive?
The average sales price for units in 3005 Cypress Drive is $0 currently.

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