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301 5th St

Cannon Falls, MN 55009

2 bd 1 ba 885 sqft Built 1981 condos
Most recent sale
$95,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $95,000 MLS #6261419
Sep 19, 2022 Listed $95,000 MLS #6261419
Apr 11, 2012 Sold $46,250 MLS #4128209
Mar 22, 2012 Listing removed $47,500 LakeSuperiorAreaRealtors
Mar 5, 2012 Listed $47,500 MLS #1735702
May 30, 2001 Sold $78,500 MLS #1576914
Apr 24, 2001 Listed $77,500 MLS #1576914

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $105,700 $7,500 $113,200 $1,450
2024 $101,700 $7,500 $109,200 $1,418
2023 $98,900 $7,500 $106,400 $1,396
2022 $81,500 $7,500 $89,000 $1,320
2021 $76,100 $7,500 $83,600 $1,268
2020 $76,100 $7,500 $83,600 $1,214
2019 $70,400 $7,500 $77,900 $1,226
2018 $70,900 $7,500 $78,400 $1,268
2017 $76,300 $7,500 $83,800 $1,186
2016 $69,700 $7,500 $77,200 $1,176
2015 $69,000 $7,500 $76,500 $1,042
2014 $65,500 $7,500 $73,000 $964
2013 $57,900 $7,500 $65,400 $1,088
2012 $58,700 $10,000 $68,700 $335

Property facts

Year built
1981
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
885 sqft
Lot size
ZIP code
55009
City
Cannon Falls
Street
5th St
Coordinates
44.50457, -92.90688

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
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 301 5th St last sell?
301 5th St most recently sold on Oct 21, 2022 for $95,000.
What is the current tax assessment for 301 5th St?
The most recent total assessment for 301 5th St (year 2025) is $113,200 with $1,450 in property tax.
How does 301 5th St's assessment compare to its last sale price?
The current assessment is 19.2% above the last sale price of $95,000.
When was 301 5th St built?
301 5th St was built in 1981.
How does 301 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 301 5th St?
301 5th St is a 2 bed, 1 bath, 885 sqft condos.
Is 301 5th St a flip candidate?
No — 301 5th St does not appear in our flips dataset.
Is 301 5th St a tax-appeal candidate?
Yes — 301 5th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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

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