14 days on rocket

516 Mill St E, Cannon Falls, MN, 55009

$340,000

Home List Price

$4,038*

Closing Credit

3 Bedrooms
1 Full Bath
1,687 SqFt
$202/SqFt
House

Location

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516 Mill St E, Cannon Falls$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Tuckunder Garage
Attached Garage2 spaces
Year Built1978
HeatingBaseboard
CoolingDuctless
BasementYes
MLS #6628826
StatusActive

About 516 Mill St E

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!

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Living Area: 1,687 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Ductless

Other

Directions Information:

  • Directions: Hwy 52 to Colvill Memorial Hwy, East to hard Left turn in Road, Follow Colvill Memorial Hwy North to hard Right turn in Road, Follow Colvill Memorial Hwy East to Grove Street N, South to Mill Street E, West to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $202/SqFt

Tax Information:

  • Annual Amount: $3,358
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cannon Falls, MN.

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Cannon Falls, MN

City

Med. Sold Price

$360K

Med. Price/SqFt

$194

Avg. Days On Market

29

# of Sold Homes

3

516 Mill St E vs Cannon Falls

14 DAYS ON ROCKET

-15 Days

$340,000

-$20K Less

$202/SqFt

+$8 More

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $8/SqFt more than other homes in Cannon Falls, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6628826

Listing Office:

  • Office Name: Real Broker, LLC

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Last updated on: 1/14/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 04, 2016Home Sold
$188,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,358$208,600
2020$3,222$192,900
2018$3,128$171,200
2017$2,162$139,900

History based on county public records data.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2504367
8
/10

  • Cannon Falls Elementary School

  • 1020 Minnesota St E

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-2504368
4
/10

  • Randolph Elementary

  • 29110 Davisson Ave

  • 6.44 miles

  • Public District Grades KG-6

school-card-donut-2504369
6
/10

  • Prairie Creek Community School

  • 27695 Denmark Ave

  • 13.24 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,321. The majority of Cannon Falls, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Mill St E

What is the listing price of this property?

The listing price of 516 Mill St E property is $340,000.

What type of property is this?

The property 516 Mill St E is a house located in Cannon Falls, Minnesota, 55009.

Is this property for sale now?

Active Listing: 516 Mill St E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,358 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 4, 2016 for $188,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Mill St E has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 Mill St E is 1,687 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Mill St E is 1978.

Rocket Homes›Minnesota›Goodhue County›Cannon Falls›55009›516 Mill St E

This home is located at 516 Mill St E in Cannon Falls, MN and zip code 55009. This 1,687 square foot home was built in 1978. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $340,000.

In December 2024 more than 0 listings in Cannon Falls, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. The inventory of homes for sale in Cannon Falls, MN between November 2024 and December 2024 decreased by 13.6%. In December 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $360,000.

From Rocket Homes Real Estate and based on county public records data.

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