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517 Mill St

Cannon Falls, MN 55009

4 bd 2 ba 1,948 sqft Built 1987 Lot 9,583 sqft single_family
Most recent sale
$225,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $225,000 MLS #6236753
Aug 26, 2022 Price changed $242,900 MLS #6236753
Jul 30, 2022 Listed $247,900 MLS #6236753
Jun 7, 2022 Listed $249,900 MLS #6214622
May 17, 2022 Listed $249,900 MLS #6195595
Jun 13, 2012 Listing removed $149,000 NorthstarMLS
Apr 13, 2012 Listed $149,000 MLS #4142612
Jun 17, 2011 Listing removed $179,900 NorthstarMLS
Jun 12, 2007 Sold $192,506 Public Record
Sep 15, 2006 Listed $169,900 MLS #3268138
Oct 29, 2005 Listed $179,900 MLS #3113035
Aug 31, 2005 Listed $185,000 MLS #3086497
Oct 31, 2001 Sold $160,000 MLS #1621924
Sep 20, 2001 Listed $159,900 MLS #1621924

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $185,922 $37,278 $223,200 $2,948
2022 $147,442 $36,158 $183,600 $3,456
2021 $135,669 $35,731 $171,400 $3,334
2020 $135,669 $35,731 $171,400 $3,190
2019 $122,334 $35,166 $157,500 $3,112
2018 $122,345 $26,055 $148,400 $2,146
2017 $113,103 $25,697 $138,800 $1,830
2016 $91,043 $24,657 $115,700 $1,770
2015 $111,400 $1,546
2014 $105,700 $1,462
2013 $70,311 $26,189 $96,500 $1,620
2012 $73,645 $26,455 $100,100 $1,816
2011 $81,775 $32,825 $114,600 $1,966
2010 $99,100 $56,500 $155,600 $1,938
2009 $101,400 $56,500 $157,900 $2,000

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,948 sqft
Lot size
9,583 sqft
ZIP code
55009
City
Cannon Falls
Street
Mill St
Coordinates
44.50769, -92.89464

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 517 Mill St last sell?
517 Mill St most recently sold on Oct 28, 2022 for $225,000.
What is the current tax assessment for 517 Mill St?
The most recent total assessment for 517 Mill St (year 2023) is $223,200 with $2,948 in property tax.
How does 517 Mill St's assessment compare to its last sale price?
The current assessment is 0.8% below the last sale price of $225,000.
When was 517 Mill St built?
517 Mill St was built in 1987.
How does 517 Mill St compare to others on Mill St?
We track 8 other properties on Mill St. Browse the list under "Other properties on Mill St" to compare beds, baths, and sale history.
What are the property facts for 517 Mill St?
517 Mill St is a 4 bed, 2 bath, 1,948 sqft, 9,583 sqft lot single_family.
Is 517 Mill St a flip candidate?
No — 517 Mill St does not appear in our flips dataset.
Is 517 Mill St a tax-appeal candidate?
No — 517 Mill St 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

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