$429,000

425 W Franklin St Morristown, MN 55052

Estimated payment $2,664/month

Total Views 20,640
5 Beds
3 Baths
2,281 Sq Ft
$188 Price per Sq Ft

Highlights

  • River Front
  • RV Access or Parking
  • No HOA
  • Multiple Garages
  • Deck
  • The kitchen features windows

About This Home

River front Retreat on 1.20 Acres- Scenic Serenity Meets in-Town Convenience.Tucked away on a rare 1.20-acre riverfront lot in town, this stunning tri-level home offers the perfect blend of peaceful nature and everyday practicality. With 258 feet of private Cannon River frontage, you'll enjoy year round views, unmatched tranquility, and room to live, entertain and unwind-right in the heart of the community, with city water and sewer.Designed with thoughtful separation of space, this 5-bedroom, 3-bath home is far from your typical tri-level home. The upper level features three spacious bedroom, including a private primary suite with a full en-suite bath. On the lower level, you'll find two more bedrooms, a full bath, and laundry with washer and dryer-ideal for multigenerational living, guests, or remote work setups.At the heart of the home is a warm, welcoming kitchen with custom cabinetry and brand-new flooring( installed Spring 2025). Multiple living areas provide flexibility and comfort.Outdoors, the property is just as impressive. An attached insulated garage with opener and floor drain, plus a large (40 x 24) heated, insulated detached garage/workshop, offer ample space for hobbies, storage, or projects. Front-facing outlets make holiday lighting a breeze, while mature trees and open green space invite year-round enjoyment. And the river? In 1986, this stretch of the Cannon River was dredged to 14 feet deep (with DNR permit)-creating a unique opportunity for scenic views and rare water accessibility. Wildlife lovers and outdoor enthusiasts will also appreciate being just steps from 180 acres of State Wildlife Management Area, perfect for hiking, biking snowshoeing, photography, and quiet reflection.With updates including newer roof and siding (2012), annually serviced HVAC, and a setting that simply can't be replicated, this home offers a lifestyle that's as peaceful as it is practical. Don't miss your chance to own this one-of-a-kind riverfront gem-schedule your private showing today!

Listing Agent

Kathy Kalow

Edina Realty, Inc. Listed on: 05/27/2025

Edina Realty, Inc.

Co-Listing Agent

Barb Erickson

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 1989

Lot Details

  • 1.31 Acre Lot
  • Lot Dimensions are 106.2 x 258 x 379 x 245.4
  • River Front

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Split Level Home

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room Floor Drain
  • Dryer

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Auditors 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2022451010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,540

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 1301
  • Water Body Name: Cannon River
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Range, Water Softener Owned
  • Living Area: 2281
  • Fireplace: No
  • Below Grade Finished Sq Ft: 980
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room, Laundry, Family Room, Walk In Closet, Deck, Foyer, Garage

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking
  • Garage Square Feet: 1260

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Washer/Dryer Hookup

Schools

  • Junior High Dist: Waterville-Elysian-Morristown
  • SchoolDistrictNumber: 2143
  • SchoolDistrictPhone: 507-275-3115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 106.2 x 258 x 379 x 245.4
  • Lot Size Sq Ft: 57063.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2022451010
  • Tax Annual Amount: 4540
  • TaxWithAssessments: 4580.0000

Multi Family

  • WaterfrontFeatures: River Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $4,580 $327,500 $78,100 $249,400
2024 $4,580 $296,400 $75,000 $221,400
2023 $4,102 $296,400 $75,000 $221,400
2022 $3,698 $269,000 $67,200 $201,800
2021 $3,646 $240,400 $53,700 $186,700
2020 $3,586 $237,100 $53,700 $183,400
2019 $3,396 $228,500 $53,700 $174,800
2018 $2,884 $209,700 $53,700 $156,000
2017 $2,730 $187,400 $57,500 $129,900
2016 $2,686 $179,200 $57,500 $121,700
2015 $2,240 $170,800 $57,500 $113,300
2014 -- $168,200 $57,500 $110,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $429,000 -- $188 / Sq Ft
Source: NorthstarMLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $400,000 Construction
Source: Public Records

Source: NorthstarMLS

MLS Number: 6727831

NorthstarMLS

APN: 20.22.4.51.010