500 Water St
Cannon Falls, MN 55009
2 bd 1 ba 1,152 sqft Built 1915 Lot 8,276 sqft single_family
Most recent sale
$185,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $185,000 | MLS #6237631 |
| Jul 20, 2022 | Listed | $189,900 | MLS #6237631 |
| Aug 19, 2019 | Sold | $142,500 | Public Record |
| Apr 11, 2002 | Sold | $79,000 | MLS #2013610 |
| Feb 21, 2002 | Listed | $75,000 | MLS #2013610 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $80,688 | $35,312 | $116,000 | $1,554 |
| 2022 | $62,654 | $33,646 | $96,300 | $1,962 |
| 2021 | $55,220 | $32,780 | $88,000 | $1,870 |
| 2020 | $55,220 | $32,780 | $88,000 | $1,812 |
| 2019 | $49,829 | $32,071 | $81,900 | $2,030 |
| 2018 | $66,600 | $32,100 | $98,700 | $1,918 |
| 2017 | $62,500 | $32,100 | $94,600 | $1,372 |
| 2016 | $32,945 | $20,655 | $53,600 | $1,328 |
| 2015 | — | — | $50,400 | $726 |
| 2014 | — | — | $47,800 | $1,208 |
| 2013 | $24,424 | $21,476 | $45,900 | $760 |
| 2012 | $23,989 | $21,411 | $45,400 | $912 |
| 2011 | $28,133 | $28,067 | $56,200 | $1,162 |
| 2010 | $43,400 | $58,700 | $102,100 | $1,202 |
| 2009 | $48,900 | $58,700 | $107,600 | $1,230 |
Property facts
Year built
1915
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,152 sqft
Lot size
8,276 sqft
ZIP code
55009
City
Cannon Falls
Street
Water St
Coordinates
44.51288, -92.89535
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,728
Gross rental yield
11.21%
Implied cap rate
7.29%
Trend-extrapolated value
—
Frequently asked questions
When did 500 Water St last sell?
500 Water St most recently sold on Aug 19, 2022 for $185,000.
What is the current tax assessment for 500 Water St?
The most recent total assessment for 500 Water St (year 2023) is $116,000 with $1,554 in property tax.
How does 500 Water St's assessment compare to its last sale price?
The current assessment is 37.3% below the last sale price of $185,000.
When was 500 Water St built?
500 Water St was built in 1915.
How does 500 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 500 Water St?
500 Water St is a 2 bed, 1 bath, 1,152 sqft, 8,276 sqft lot single_family.
Is 500 Water St a flip candidate?
No — 500 Water St does not appear in our flips dataset.
Is 500 Water St a tax-appeal candidate?
No — 500 Water 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
Explore nearby
Geography
Other properties on Water St