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1516 Cannon Valley Dr

Northfield, MN 55057

3 bd 3 ba 2,816 sqft Built 2005 Lot 13,504 sqft single_family
Most recent sale
$571,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $571,000 MLS #6228429
Jul 1, 2022 Listed $499,900 MLS #6228429
Aug 19, 2014 Sold $354,000 MLS #4459023
Jul 10, 2014 Price changed $368,500 MLS #4459023
Jun 6, 2014 Price changed $379,900 MLS #4459023
Mar 24, 2014 Listed $384,500 MLS #4459023
Jun 10, 2011 Listing removed $399,900 NorthstarMLS
Mar 19, 2011 Price changed $399,900 MLS #3887722
Feb 26, 2010 Listed $424,900 MLS #3887722
May 6, 2005 Sold $427,266 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $421,300 $113,100 $534,400 $8,466
2023 $374,000 $112,500 $486,500 $6,902
2022 $354,800 $97,800 $452,600 $6,664
2021 $340,600 $93,200 $433,800 $6,518
2020 $340,600 $93,200 $433,800 $6,822
2019 $349,400 $88,700 $438,100 $6,718
2018 $337,300 $84,500 $421,800 $6,617
2017 $328,203 $76,661 $404,864 $5,831
2016 $311,731 $72,641 $384,372 $5,576
2015 $278,378 $69,915 $348,293 $5,350
2014 $262,657 $66,888 $329,545 $5,443
2013 $253,940 $64,705 $318,645 $5,320
2012 $240,042 $61,708 $301,750 $4,932
2011 $246,327 $65,233 $311,560 $4,608
2009 $248,400 $82,500 $330,900 $4,031
2008 $248,400 $82,500 $330,900 $4,083
2007 $255,900 $75,000 $330,900 $3,981

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,816 sqft
Lot size
13,504 sqft
ZIP code
55057
City
Northfield
Street
Cannon Valley Dr
Coordinates
44.47603, -93.17657

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
$4,224
Gross rental yield
8.88%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 1516 Cannon Valley Dr last sell?
1516 Cannon Valley Dr most recently sold on Jul 29, 2022 for $571,000.
What is the current tax assessment for 1516 Cannon Valley Dr?
The most recent total assessment for 1516 Cannon Valley Dr (year 2025) is $534,400 with $8,466 in property tax.
How does 1516 Cannon Valley Dr's assessment compare to its last sale price?
The current assessment is 6.4% below the last sale price of $571,000.
When was 1516 Cannon Valley Dr built?
1516 Cannon Valley Dr was built in 2005.
How does 1516 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 1516 Cannon Valley Dr?
1516 Cannon Valley Dr is a 3 bed, 3 bath, 2,816 sqft, 13,504 sqft lot single_family.
Is 1516 Cannon Valley Dr a flip candidate?
No — 1516 Cannon Valley Dr does not appear in our flips dataset.
Is 1516 Cannon Valley Dr a tax-appeal candidate?
No — 1516 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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