NOT LISTED FOR SALE

516 Mill St E Cannon Falls, MN 55009

Estimated Value: $308,000 - $336,000

3 Beds
2 Baths
1,687 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 01, 2025

Last sale price $325,000 $193 Per Sq Ft

Current estimated payment $1,996/month

52 Days on Market

Highlights

  • No HOA
  • Living Room
  • Baseboard Heating
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • 4-minute walk to East Side Park

About This Home

As of April 2025

Updates galore in this adorable split entry home. Walking in you'll immediately notice all of the natural light in this open concept living area. Relax in your huge living room, host family and friends in your dining space or cook a delicious meal in your beautiful kitchen! Brand new countertops, stainless steel appliances, updated lighting and tasteful finishes are some of the many upgrades to the living space. The main level is completed with 3 bedrooms and an updated full bathroom featuring an oversized vanity, large mirror, updated lighting and convenient laundry shoot. The lower level will not disappoint with bright family room, laundry room, additional storage area, and 3/4 bathroom, along with entry to your tuckunder 2 stall garage. The modern farmhouse touches throughout add the perfect touch of brightness and coziness! This home is situated on a large city lot with plenty of room for a future outbuilding. Evenings could be spent grilling on the upper level deck or enjoying a bonfire in the private patio area complete with privacy fence. Welcome home!

Last Agent to Sell the Property

Crystal McClure

Real Broker, LLC Listed on: 12/31/2024

Real Broker, LLC

Last Buyer's Agent

Tracy Feran

Pemberton RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1978

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 75x142
  • Partially Fenced Property
  • Privacy Fence
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Bi-Level Home
  • Pitched Roof
  • Wood Siding

Interior Spaces

  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Cannon Falls City Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 521402030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,344

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1162
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1687
  • Below Grade Finished Sq Ft: 525
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Fencing: Partial, Privacy
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Tuckunder Garage

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer - In Street
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Patio

Schools

  • Junior High Dist: Cannon Falls
  • SchoolDistrictPhone: 507-263-6800

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x142
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 521402030
  • Tax Annual Amount: 3344
  • TaxWithAssessments: 3344.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2024
Closed on
Apr 1, 2025
Sold by
Martin Andrew J
Bought by
Schultz Jacob Anthony
Seller's Agent
Crystal McClure
Real Broker, LLC
Buyer's Agent
Tracy Feran
Pemberton RE
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
147
Current Estimated Value
$324,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74
Avg. Annual Appreciation
-0.03%
Original Mortgage
$26,700
Outstanding Balance
$13,540
Interest Rate
6.85%
Estimated Equity
$311,386

Purchase Details

Closed on
Oct 22, 2021
Sold by
Cardin Casey
Bought by
Martin Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,291
Interest Rate
2.99%
Mortgage Type
VA

Purchase Details

Closed on
May 22, 2019
Sold by
Dohmen Ryan S
Bought by
Dohmen Casey and Cardin Casey

Purchase Details

Closed on
Aug 2, 2016
Sold by
Rapp Ann M
Bought by
Rapp Brian R and Rapp Shanna M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schultz Jacob Anthony $325,000 Results Title
Martin Andrew J $277,900 Titlesmart Inc
Dohmen Casey -- None Available
Rapp Brian R $188,000 Goodhue County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Jacob Anthony $26,700
Open Schultz Jacob Anthony $261,277
Previous Owner Martin Andrew J $284,291
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2025 04/01/25 Sold $325,000 0.0% $193 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
01/20/2025 01/20/25 Price Changed $325,000 -4.4% $193 / Sq Ft
01/10/2025 01/10/25 Price Changed $340,000 -2.9% $202 / Sq Ft
01/02/2025 01/02/25 For Sale $350,000 -- $207 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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 $3,512 $292,400 $71,300 $221,100
2024 $3,512 $292,400 $71,300 $221,100
2023 $1,672 $269,200 $56,300 $212,900
2022 $2,854 $245,000 $45,000 $200,000
2021 $3,358 $208,600 $45,000 $163,600
2020 $3,222 $192,900 $45,000 $147,900
2019 $3,128 $180,600 $45,000 $135,600
2018 $2,162 $171,200 $33,800 $137,400
2017 $1,986 $162,500 $33,800 $128,700
2016 $1,904 $149,800 $33,800 $116,000
2015 $1,670 $144,500 $33,800 $110,700
2014 -- $130,500 $37,500 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6628826

NorthstarMLS

APN: 52.140.2030