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31182 55th Avenue Way

Cannon Falls, MN 55009

5 bd 2 ba 2,772 sqft Built 1969 Lot 225,641 sqft single_family
Most recent sale
$604,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $604,000 MLS #6227953
Jul 1, 2022 Listed $625,000 MLS #6227953
Sep 23, 2015 Sold $299,900 MLS #4628654
Sep 17, 2015 Listing removed $314,900 NorthstarMLS
Sep 8, 2015 Relisted $299,900 MLS #4628654
Sep 3, 2015 Listing removed $299,900 NorthstarMLS
Jul 28, 2015 Listed $299,900 MLS #4628654
Apr 29, 2011 Sold $187,500 MLS #4002837
Mar 17, 2011 Price changed $199,900 MLS #4002837
Feb 10, 2011 Price changed $224,900 MLS #4002837
Jan 6, 2011 Listed $259,900 MLS #4002837
May 3, 2010 Price changed $314,900 MLS #3903419
Mar 31, 2010 Listed $329,900 MLS #3903419
Jun 2, 2005 Sold $315,900 Public Record
Mar 6, 2005 Listing removed $309,900 Southeastminnesota
Aug 18, 2004 Listed $309,900 MLS #2900420

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $309,300 $133,400 $442,700 $3,794
2023 $277,680 $125,620 $403,300 $3,506
2022 $235,819 $124,381 $360,200 $3,468
2021 $205,524 $123,276 $328,800 $3,212
2020 $205,524 $123,276 $328,800 $2,824
2019 $165,669 $116,931 $282,600 $2,996
2018 $170,141 $117,159 $287,300 $2,680
2017 $152,832 $105,668 $258,500 $2,866
2016 $163,093 $106,207 $269,300 $2,850
2015 $258,600 $2,332
2014 $233,500 $2,114
2013 $127,232 $82,168 $209,400 $2,232
2012 $137,220 $82,780 $220,000 $2,520
2011 $140,933 $104,967 $245,900 $2,522
2010 $143,300 $133,000 $276,300 $2,480
2009 $141,900 $139,700 $281,600 $2,756

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,772 sqft
Lot size
225,641 sqft
ZIP code
55009
City
Cannon Falls
Street
55th Avenue Way
Coordinates
44.49728, -92.92620

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,158
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value

Frequently asked questions

When did 31182 55th Avenue Way last sell?
31182 55th Avenue Way most recently sold on Sep 2, 2022 for $604,000.
What is the current tax assessment for 31182 55th Avenue Way?
The most recent total assessment for 31182 55th Avenue Way (year 2024) is $442,700 with $3,794 in property tax.
How does 31182 55th Avenue Way's assessment compare to its last sale price?
The current assessment is 26.7% below the last sale price of $604,000.
When was 31182 55th Avenue Way built?
31182 55th Avenue Way was built in 1969.
How does 31182 55th Avenue Way compare to others on 55th Avenue Way?
We track 1 other property on 55th Avenue Way. Browse the list under "Other properties on 55th Avenue Way" to compare beds, baths, and sale history.
What are the property facts for 31182 55th Avenue Way?
31182 55th Avenue Way is a 5 bed, 2 bath, 2,772 sqft, 225,641 sqft lot single_family.
Is 31182 55th Avenue Way a flip candidate?
No — 31182 55th Avenue Way does not appear in our flips dataset.
Is 31182 55th Avenue Way a tax-appeal candidate?
No — 31182 55th Avenue Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q2
$399.3K
2026 Q3
$409.1K
ZIP 55009 — Median Price History + Forecast

Explore nearby

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