425 W Franklin St Morristown, MN 55052
Estimated payment $2,664/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $429,000 | -- | $188 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $400,000 | Construction |
Source: NorthstarMLS
MLS Number: 6727831
APN: 20.22.4.51.010
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