509 Minnesota St
Cannon Falls, MN 55009
4 bd 2 ba 2,897 sqft Built 1948 Lot 6,970 sqft single_family
Most recent sale
$299,900
Feb 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 14, 2022 | Sold | $299,900 | MLS #6132965 |
| Dec 17, 2021 | Listed | $299,900 | MLS #6132965 |
| Oct 1, 2003 | Sold | $193,000 | MLS #2177568 |
| Aug 6, 2003 | Listed | $195,900 | MLS #2177568 |
| Dec 1, 1998 | Sold | $147,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $266,600 | $47,500 | $314,100 | $4,022 |
| 2024 | $257,300 | $37,500 | $294,800 | $3,828 |
| 2023 | $239,584 | $28,716 | $268,300 | $3,536 |
| 2022 | $190,361 | $27,939 | $218,300 | $3,268 |
| 2021 | $167,252 | $27,448 | $194,700 | $2,984 |
| 2020 | $167,252 | $27,448 | $194,700 | $2,814 |
| 2019 | $151,342 | $27,058 | $178,400 | $2,774 |
| 2018 | $154,678 | $20,222 | $174,900 | $2,510 |
| 2017 | $143,233 | $19,967 | $163,200 | $2,278 |
| 2016 | $125,782 | $19,518 | $145,300 | $2,206 |
| 2015 | — | — | $140,100 | $1,924 |
| 2014 | — | — | $132,400 | $1,780 |
| 2013 | $97,575 | $20,725 | $118,300 | $2,112 |
| 2012 | $110,165 | $21,235 | $131,400 | $2,342 |
| 2011 | $122,453 | $26,147 | $148,600 | $2,480 |
| 2010 | $142,900 | $46,800 | $189,700 | $2,494 |
| 2009 | $149,100 | $46,800 | $195,900 | $2,590 |
| 2008 | — | — | $203,700 | $2,740 |
| 2006 | — | — | $203,700 | $2,880 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,897 sqft
Lot size
6,970 sqft
ZIP code
55009
City
Cannon Falls
Street
Minnesota St
Coordinates
44.51080, -92.89506
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,799
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 509 Minnesota St last sell?
509 Minnesota St most recently sold on Feb 14, 2022 for $299,900.
What is the current tax assessment for 509 Minnesota St?
The most recent total assessment for 509 Minnesota St (year 2025) is $314,100 with $4,022 in property tax.
How does 509 Minnesota St's assessment compare to its last sale price?
The current assessment is 4.7% above the last sale price of $299,900.
When was 509 Minnesota St built?
509 Minnesota St was built in 1948.
How does 509 Minnesota St compare to others on Minnesota St?
We track 8 other properties on Minnesota St. Browse the list under "Other properties on Minnesota St" to compare beds, baths, and sale history.
What are the property facts for 509 Minnesota St?
509 Minnesota St is a 4 bed, 2 bath, 2,897 sqft, 6,970 sqft lot single_family.
Is 509 Minnesota St a flip candidate?
No — 509 Minnesota St does not appear in our flips dataset.
Is 509 Minnesota St a tax-appeal candidate?
No — 509 Minnesota St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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