NOT LISTED FOR SALE

9350 Forest Rd Cannon Falls, MN 55009

Estimated Value: $1,999,007 - $2,197,000

5 Beds
7 Baths
8,695 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $2,000,000 $230 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $13,369/month

79 Days on Market

Highlights

  • 500 Feet of Waterfront
  • 118,919 Sq Ft lot
  • Main Floor Primary Bedroom
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Home Office

About This Home

As of August 2024

Whether you are trying to find your own private retreat or to create a homestead property, this well planned home, sited atop a hill with views of the Cannon River & all the natural splendor that surrounds it, creates a welcoming environment. Gather around the hearth inside or out; enjoy the refreshing pool as the swans fly overhead; celebrate formal and informal occasions and still find room to spread out in the tranquility of the porches or the more lively spaces within the home. Main floor owner's suite is opulent & private. The three upper level bedrooms & baths are complimented by a central living room & balcony with views to the river.The upper level also has separate living quarters with its own kitchen, dining & sitting areas. This flexible space would be ideal for long term guests or remote office with space for in person meetings. The lower level is ready for your custom touch. All three levels can be accessed by elevator. Come for a showing. You won't want to leave.

Last Agent to Sell the Property

John Brekken

Compass Listed on: 02/21/2024

Compass

Co-Listed By

Laura Tiffany

Compass

Last Buyer's Agent

Joseph Lawler

Minnesota Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,786

Year Built

  • Built in 2005

Lot Details

  • 2.73 Acre Lot
  • Lot Dimensions are 247x550
  • 500 Feet of Waterfront
  • River Front
  • Property is Fully Fenced

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof
  • Wood Composite

Interior Spaces

  • 8,695 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 5 Fireplaces
  • Home Office

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Drain

Outdoor Features

  • Heated In Ground Pool
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Water Filtration System
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 281350020

Community Details

Overview

  • Association fees include shared amenities
  • Mineral Springs Home Owners Association, Phone Number (507) 263-4240
  • Mineral Spgs Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,786

Year Built

Built in 2005

Lot Details

0

HOA Fees

$50 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 4
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 5
  • Water Source: Well
  • Association Amenities: Trail(s)
  • Fee Frequency: Annually
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 8695
  • Water Body Name: Cannon River
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL,Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Concrete, Sump Pump
  • Appliances: Central Vacuum, Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
  • Fireplace Features: Gas, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 8695
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Foyer, Four Season Porch, Study, Living Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • PoolFeatures: Below Ground, Heated
  • Fencing: Composite, Full
  • View: River
  • Other Structures: Other
  • PatioPorchType: Patio,Porch,Screened,Side Porch
  • Lake Acres: 0
  • LakeChain: N
  • Waterfront Frontage: 500

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 552

Utilities

  • Heating: Forced Air, Geothermal
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • HOA Fee Includes: Other, Shared Amenities
  • Phone: 507-263-4240
  • Association Fee: 600
  • Association: Yes
  • Amenities Unit: Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,In-Ground Sprinkler,Wet Bar

Association/Amenities

  • HOA Management Co: Mineral Springs Home Owners

Schools

  • Junior High Dist: Cannon Falls
  • SchoolDistrictNumber: 252
  • SchoolDistrictPhone: 507-263-6800

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 247X550
  • Lot Size Sq Ft: 118918.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Green Features

  • Green Certified Status: Certified

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 281350020
  • Tax Annual Amount: 20786
  • TaxWithAssessments: 20786.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jul 17, 2024
Sold by
Dennis E Brekken Revocable Trust and Brekken Dennis E
Bought by
Starkson Jesse James and Starkson Kathryn Elizabeth
Seller's Agent
John Brekken
Compass
Buyer's Agent
Joseph Lawler
Minnesota Realty Company
List Price
$2,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$500,000
-20%
Views
554
Current Estimated Value
$2,098,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,002
Avg. Annual Appreciation
4.85%
Original Mortgage
$1,600,000
Outstanding Balance
$1,583,336
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$514,666

Purchase Details

Closed on
May 1, 2004
Sold by
Dewey J Richard and Dewey Jill
Bought by
Brekken Dennis E and Brekken Kathleen A

Purchase Details

Closed on
Aug 7, 2001
Sold by
Cnm Inc
Bought by
Dewey J Richard and Dewey Jill

Purchase Details

Closed on
Sep 20, 2000
Sold by
J Consulting
Bought by
Cnm Inc
Source: Public Records

Range of Values:

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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
Starkson Jesse James $2,000,000 Executive Title
Brekken Dennis E $259,000 --
Dewey J Richard $176,000 --
Cnm Inc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starkson Jesse James $1,600,000
Closed Dewey J Richard --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $2,000,000 -20.0% $230 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $2,500,000 -- $288 / 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
2024 -- $2,220,600 $220,300 $2,000,300
2023 $20,786 $2,262,900 $220,300 $2,042,600
2022 $18,608 $2,014,600 $219,500 $1,795,100
2021 $17,410 $1,677,400 $221,000 $1,456,400
2020 $14,298 $1,565,600 $221,000 $1,344,600
2019 $18,088 $1,298,700 $221,000 $1,077,700
2018 $18,128 $1,555,100 $221,000 $1,334,100
2017 $15,626 $1,592,100 $216,700 $1,375,400
2016 $15,798 $1,343,400 $216,700 $1,126,700
2015 $15,716 $1,317,200 $216,700 $1,100,500
2014 -- $1,496,700 $216,700 $1,280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6474247

NorthstarMLS

APN: 28.135.0020