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118 Timber Lane Ct

Cannon Falls, MN 55009

3 bd 3 ba 2,636 sqft Built 2002 Lot 9,583 sqft single_family
Most recent sale
$370,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $370,000 MLS #6162718
Mar 27, 2022 Relisted $370,000 MLS #6162718
Mar 10, 2022 Listed $370,000 MLS #6162718
May 14, 2016 Sold $244,000 MLS #4688163
Mar 10, 2016 Listed $249,900 MLS #4688163
Mar 4, 2016 Listing removed $259,677 NorthstarMLS
Oct 27, 2015 Price changed $259,677 MLS #4644009
Sep 11, 2015 Listed $264,900 MLS #4644009
Dec 1, 2011 Listing removed $270,000 NorthstarMLS
May 22, 2011 Listed $270,000 MLS #4050275
Feb 29, 2008 Sold $240,000 Public Record
Aug 25, 2006 Sold $245,000 Public Record
Jul 5, 2002 Sold $196,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $383,237 $4,922
2024 $375,400 $4,880
2023 $317,997 $35,103 $353,100 $4,638
2022 $254,904 $44,196 $299,100 $4,456
2021 $232,591 $43,809 $276,400 $4,210
2020 $232,591 $43,809 $276,400 $4,010
2019 $212,604 $43,396 $256,000 $3,882
2018 $214,014 $32,386 $246,400 $3,524
2017 $198,799 $32,101 $230,900 $3,294
2016 $180,481 $31,719 $212,200 $3,118
2015 $200,200 $2,742
2014 $190,200 $2,570
2013 $138,332 $34,068 $172,400 $2,784
2012 $140,078 $34,122 $174,200 $3,054
2011 $152,979 $41,721 $194,700 $2,934
2010 $164,000 $56,000 $220,000 $2,852
2009 $164,400 $56,000 $220,400 $2,720
2008 $212,600 $2,876
2006 $212,600 $3,022

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,636 sqft
Lot size
9,583 sqft
ZIP code
55009
City
Cannon Falls
Street
Timber Lane Ct
Coordinates
44.49949, -92.90975

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,954
Gross rental yield
12.82%
Implied cap rate
8.34%
Trend-extrapolated value

Frequently asked questions

When did 118 Timber Lane Ct last sell?
118 Timber Lane Ct most recently sold on May 26, 2022 for $370,000.
What is the current tax assessment for 118 Timber Lane Ct?
The most recent total assessment for 118 Timber Lane Ct (year 2025) is $383,237 with $4,922 in property tax.
How does 118 Timber Lane Ct's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $370,000.
When was 118 Timber Lane Ct built?
118 Timber Lane Ct was built in 2002.
How does 118 Timber Lane Ct compare to others on Timber Lane Ct?
We track 3 other properties on Timber Lane Ct. Browse the list under "Other properties on Timber Lane Ct" to compare beds, baths, and sale history.
What are the property facts for 118 Timber Lane Ct?
118 Timber Lane Ct is a 3 bed, 3 bath, 2,636 sqft, 9,583 sqft lot single_family.
Is 118 Timber Lane Ct a flip candidate?
No — 118 Timber Lane Ct does not appear in our flips dataset.
Is 118 Timber Lane Ct a tax-appeal candidate?
No — 118 Timber Lane Ct 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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