220 2nd St N Cannon Falls, MN 55009
5
Beds
2.5
Baths
2,350
Sq Ft
5,663
Sq Ft Lot
Highlights
- Guest House
- 2 Fireplaces
- Hobby Room
- Loft
- No HOA
- 4-minute walk to Minnieska Park
About This Home
As of September 2024Nestled in downtown Cannon Falls this 1947 story and a half home features 5 bedrooms, 3 baths, original hard wood floors, built ins, and a heated garage with enviable storage. This home provides an amazing opportunity to defray the monthly mortgage payment and earn rental income. The property had previously been rented and is now vacant, making it show ready. The lower level features a separate entry, 1 bedroom, 1 bath, and kitchen space that can be rented. The next steward will be able to enjoy many local favorites such as the brewery, winery and shops. This charming home is ready for its next stewards.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,436
Year Built
- Built in 1947
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 50x120
Parking
- 2 Car Garage
Interior Spaces
- 1.5-Story Property
- 2 Fireplaces
- Family Room
- Living Room
- Loft
- Hobby Room
- Finished Basement
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
Additional Features
- Guest House
- Hot Water Heating System
Community Details
- No Home Owners Association
- City/Cannon Falls Subdivision
Listing and Financial Details
- Assessor Parcel Number 521001820
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2024
Closed on
Sep 16, 2024
Sold by
Hackel Joseph J and Hackel Hayley
Bought by
Johnson Diane S and Johnson Russell A
Seller's Agent
Ann Elenbaas
Anderson Realty
Buyer's Agent
Paul Fletcher
Edina Realty, Inc.
List Price
$268,800
Sold Price
$260,000
Premium/Discount to List
-$8,800
-3.27%
Total Days on Market
71
Views
105
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
-$6,315
Avg. Annual Appreciation
2.52%
Original Mortgage
$208,000
Outstanding Balance
$207,275
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$56,906
Purchase Details
Closed on
Aug 15, 2022
Sold by
Hackel Joseph J
Bought by
Skillestad Family Properties Llc
Purchase Details
Closed on
May 16, 2019
Sold by
Hackel Joseph J
Bought by
Hackel Timothy and Hackel Patricia
Purchase Details
Closed on
Nov 3, 2017
Sold by
Strack Beth
Bought by
Hackel Joseph J
Purchase Details
Closed on
Oct 18, 2006
Sold by
Strack Evelyn L
Bought by
Strack Beth
Map
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Similar Homes in Cannon Falls, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $260,000 | -- | |
| Warranty Deed | $270,000 | None Listed On Document | |
| Deed | -- | -- | |
| Warranty Deed | $146,970 | Goodhue County Abstract | |
| Interfamily Deed Transfer | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $208,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $260,000 | -3.3% | $111 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | For Sale | $268,800 | -- | $114 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2024 | $3,832 | $244,300 | $46,500 | $197,800 |
| 2023 | $1,800 | $226,300 | $37,100 | $189,200 |
| 2022 | $3,268 | $213,900 | $29,900 | $184,000 |
| 2021 | $3,038 | $180,500 | $29,900 | $150,600 |
| 2020 | $2,078 | $164,300 | $29,900 | $134,400 |
| 2019 | $1,998 | $154,100 | $29,900 | $124,200 |
| 2018 | $1,808 | $148,700 | $22,800 | $125,900 |
| 2017 | $2,456 | $140,800 | $22,800 | $118,000 |
| 2016 | $2,366 | $131,500 | $22,800 | $108,700 |
| 2015 | $2,124 | $126,700 | $22,800 | $103,900 |
| 2014 | -- | $112,500 | $25,200 | $87,300 |
Source: Public Records
Source: NorthstarMLS
MLS Number: 6546037
APN: 52.100.1820
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