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$297,000

20516 Cypress Dr Farmington, MN 55024

2 beds
1 full
1,562 sqft
$190 / sqft
Townhouse

Property details

About 20516 Cypress Dr

Move-In Ready Sunny Townhome – Easy One-Level Living! Discover comfort and convenience in this beautifully maintained end-unit townhome, designed for effortless one-level living. The open floor plan features a spacious, well-appointed kitchen that flows into a welcoming living area complete with a cozy fireplace—ideal for both relaxing evenings and entertaining friends. A bright and airy sunroom offers the perfect space for your morning coffee or a peaceful retreat with a good book. The generous owner’s suite boasts a private en-suite bath, providing a tranquil space to unwind. All New Carpet and paint! Additional features include a 2-car garage, abundant storage, and a thoughtfully designed layout prioritizing function and ease. Located in a quiet, well-kept community, this low-maintenance home is truly move-in ready. Don’t miss your opportunity. All Accessible Living!

Highlights

Home typeTownhouse
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,562 sqft
Year built2004
ParkingAttached Garage
MLS #6692731
Attached garage2 spaces
FireplaceGas

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Fireplace: Gas
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $297,000
  • Price/SqFt: $190
  • HOA Amount: $345 Monthly
  • Annual Tax Amount: $2,986
  • Tax Year: 2022
  • Directions: S on Pilot Knob, E on 206th, Left on Cypress, townhome on the right.
  • Year Built: 2004
  • Living Area: 1,562 SqFt
  • MLS Number: 6692731
  • MLS Name: NORTHSTAR
  • Office Name: eXp Realty

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Last updated on: 8/1/2025, 12:37:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 25, 2023
Home Sold
$295,000
Jul 13, 2017
Home Sold
$220,000
Oct 28, 2009
Home Sold
$170,000
Mar 03, 2006
Home Sold
$184,609

Tax history

YearAssessmentProperty Tax
2022$257,900$2,986
2021$229,000$3,062
2020$219,100$2,934
2019$196,347$2,978
2018$187,300$2,902
2017$166,154$2,667

History based on county public records data.

Nearby schools

5

Akin Road Elementary School

Public District KG-5

1.0 mi

5231 195th St W

4

Riverview Elementary School

Public District KG-5

1.2 mi

4100 208th St W

7

Meadowview Elementary School

Public District KG-5

1.4 mi

6100 195th St W

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $98,322. The majority of Farmington, MN residents have income between $35k-100k annually. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

4%
<35k
47%
35k-100k
44%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

27%
Single, No Kids
8%
Single, with Kids
26%
Married, No Kids
39%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • NASCARNASCAR
  • College FootballCollege Football

Where do the neighbors shop?

  • Old NavyOld Navy
  • Dick's Sporting GoodsDick's Sporting Goods
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • ArbysArbys
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • KiaKia

What do the neighbors listen to?

  • New CountryNew Country
  • Adult HitsAdult Hits
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

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Frequently asked questions

About 20516 Cypress Dr

The listing price of 20516 Cypress Dr property is $297,000.

The property 20516 Cypress Dr is a townhouse located in Farmington, Minnesota, 55024.

Active Listing: 20516 Cypress Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 20516 Cypress Dr are: Akin Road Elementary School (GreatSchools Rating 5/10), Riverview Elementary School (GreatSchools Rating 4/10), Meadowview Elementary School (GreatSchools Rating 7/10), Dodge Middle School (GreatSchools Rating 4/10), Boeckman Middle School (GreatSchools Rating 4/10), McGuire Middle School (GreatSchools Rating 6/10), Farmington High School (GreatSchools Rating 5/10), Lakeville Area Learning Center (GreatSchools Rating 2/10), Lakeville North High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2022 is $2,986 (source: MLS/based on county public records data).

The last sale was on September 25, 2023 for $295,000 (source: MLS/tax record).

The property at 20516 Cypress Dr has 2 bedrooms and 2 bathrooms.

The property 20516 Cypress Dr is 1,562 SqFt (source: MLS/tax record).

The year of construction for 20516 Cypress Dr is 2004.

This home is located at 20516 Cypress Dr in Farmington, MN and zip code 55024 in the Middle Creek East neighborhood. This 1,562 square foot home was built in 2004. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $297,000.

Over 22 listings were sold over their listed price in June 2025 in Farmington, MN. In the same period over 15 listings were sold below the listed price and 17 listings were sold for the listed price. The number of homes for sale in Farmington, MN increased by 10.6% between May and June 2025. In June 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $400,000.

From Rocket Homes Real Estate and based on county public records data.

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