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305 Ridgecrest Dr

Cannon Falls, MN 55009

5 bd 2 ba 2,014 sqft Built 1992 Lot 16,553 sqft single_family
Most recent sale
$407,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $407,000 MLS #6181044
Apr 18, 2022 Listed $412,500 MLS #6181044
Sep 13, 2017 Sold $198,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $326,012 $4,196
2024 $330,400 $4,300
2023 $253,736 $53,664 $307,400 $4,044
2022 $213,400 $55,200 $268,600 $3,986
2021 $189,000 $55,200 $244,200 $4,046
2020 $173,800 $55,200 $229,000 $3,566
2019 $176,000 $41,400 $217,400 $3,402
2018 $150,051 $37,649 $187,700 $2,878
2017 $126,168 $36,732 $162,900 $2,546
2016 $156,500 $2,454
2015 $148,900 $2,158
2014 $98,139 $39,461 $137,600 $2,062
2013 $103,976 $39,824 $143,800 $2,306
2012 $114,310 $48,990 $163,300 $2,570
2011 $130,000 $76,500 $206,500 $2,732
2010 $130,000 $76,500 $206,500 $2,642
2008 $212,800 $2,878
2006 $212,800 $3,024

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
2,014 sqft
Lot size
16,553 sqft
ZIP code
55009
City
Cannon Falls
Street
Ridgecrest Dr
Coordinates
44.51659, -92.89574

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
$3,021
Gross rental yield
8.91%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 305 Ridgecrest Dr last sell?
305 Ridgecrest Dr most recently sold on Jun 6, 2022 for $407,000.
What is the current tax assessment for 305 Ridgecrest Dr?
The most recent total assessment for 305 Ridgecrest Dr (year 2025) is $326,012 with $4,196 in property tax.
How does 305 Ridgecrest Dr's assessment compare to its last sale price?
The current assessment is 19.9% below the last sale price of $407,000.
When was 305 Ridgecrest Dr built?
305 Ridgecrest Dr was built in 1992.
How does 305 Ridgecrest Dr compare to others on Ridgecrest Dr?
We track 8 other properties on Ridgecrest Dr. Browse the list under "Other properties on Ridgecrest Dr" to compare beds, baths, and sale history.
What are the property facts for 305 Ridgecrest Dr?
305 Ridgecrest Dr is a 5 bed, 2 bath, 2,014 sqft, 16,553 sqft lot single_family.
Is 305 Ridgecrest Dr a flip candidate?
No — 305 Ridgecrest Dr does not appear in our flips dataset.
Is 305 Ridgecrest Dr a tax-appeal candidate?
No — 305 Ridgecrest Dr 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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