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1501 Cannon Valley Dr

Northfield, MN 55057

5 bd 4 ba 3,526 sqft Built 2003 Lot 14,985 sqft single_family
Most recent sale
$602,850
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $602,850 MLS #6146203
Feb 2, 2022 Listed $590,000 MLS #6146203
Sep 16, 2015 Sold $415,000 MLS #4489070
Apr 7, 2015 Sold $415,000 Public Record
Jun 5, 2014 Listed $429,500 MLS #4489070
May 30, 2007 Sold $482,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $443,800 $105,200 $549,000 $8,740
2023 $391,100 $104,600 $495,700 $7,032
2022 $369,300 $91,000 $460,300 $6,778
2021 $351,200 $86,600 $437,800 $6,578
2020 $320,264 $82,311 $402,575 $6,274
2019 $314,511 $78,254 $392,765 $6,263
2018 $309,239 $70,882 $380,121 $6,221
2017 $293,963 $67,192 $361,155 $5,486
2016 $263,093 $64,599 $327,692 $5,253
2015 $281,200 $63,500 $344,700 $5,568
2014 $267,200 $61,700 $328,900 $5,487
2013 $240,896 $57,366 $298,262 $5,259
2012 $252,611 $60,693 $313,304 $4,958
2011 $275,000 $65,600 $340,600 $4,679
2009 $311,900 $76,700 $388,600 $4,799
2008 $305,400 $76,700 $382,100 $4,599
2007 $303,500 $69,700 $373,200 $4,574

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,526 sqft
Lot size
14,985 sqft
ZIP code
55057
City
Northfield
Street
Cannon Valley Dr
Coordinates
44.47530, -93.17682

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
$5,289
Gross rental yield
10.53%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 1501 Cannon Valley Dr last sell?
1501 Cannon Valley Dr most recently sold on May 10, 2022 for $602,850.
What is the current tax assessment for 1501 Cannon Valley Dr?
The most recent total assessment for 1501 Cannon Valley Dr (year 2025) is $549,000 with $8,740 in property tax.
How does 1501 Cannon Valley Dr's assessment compare to its last sale price?
The current assessment is 8.9% below the last sale price of $602,850.
When was 1501 Cannon Valley Dr built?
1501 Cannon Valley Dr was built in 2003.
How does 1501 Cannon Valley Dr compare to others on Cannon Valley Dr?
We track 8 other properties on Cannon Valley Dr. Browse the list under "Other properties on Cannon Valley Dr" to compare beds, baths, and sale history.
What are the property facts for 1501 Cannon Valley Dr?
1501 Cannon Valley Dr is a 5 bed, 4 bath, 3,526 sqft, 14,985 sqft lot single_family.
Is 1501 Cannon Valley Dr a flip candidate?
No — 1501 Cannon Valley Dr does not appear in our flips dataset.
Is 1501 Cannon Valley Dr a tax-appeal candidate?
No — 1501 Cannon Valley 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
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$391.1K
2026 Q4
$395.8K
ZIP 55057 — Median Price History + Forecast

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