#6731450, Listing office: Trust Realty
$289,900 List price
501 2nd St SW Cannon Falls, MN 55009
3 beds
1 full
1,283 sqft
$226 / sqft
House
Property details
About 501 2nd St SW
Inviting home full of character and comfort. Located just minutes from downtown Cannon Falls, this well-maintained property features sun-filled living spaces, hardwood floors, and a functional kitchen with plenty of storage. Enjoy a spacious backyard with mature trees, perfect for relaxing or entertaining. The home sits on a corner lot with a detached garage and easy access to parks, schools, and the scenic Cannon Valley Trail. With quick access to Hwy 52, commuting to the Twin Cities or Rochester is a breeze. A perfect blend of charm and convenience.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,283 sqft
BasementYes
Year built1897
ParkingDetached
MLS #6753822
Garage3 spaces
Virtual tour
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Detached
- Heating: Forced Air
- Cooling: Central Air
- List Price: $289,900
- Price/SqFt: $225
- HOA Amount: $0
- Annual Tax Amount: $1,251
- Tax Year: 2024
- Lot: Corner Lot
- Directions: West off 4th st, to West Belle st, South on 2nd St SW, 5th house on the East side of the street.
- Year Built: 1897
- Living Area: 1,283 SqFt
- MLS Number: 6753822
- MLS Name: NORTHSTAR
- Office Name: Cannon Realty
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 05, 2018 | Home Sold | $185,000 |
| Jan 29, 2013 | Home Sold | $120,000 |
| Feb 28, 2012 | Home Sold | $43,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $214,600 | $1,251 |
| 2023 | $209,300 | $2,334 |
| 2022 | $195,600 | $2,214 |
| 2021 | $168,600 | $1,952 |
| 2020 | $149,600 | $1,868 |
| 2018 | $135,100 | $1,770 |
| 2017 | $102,700 | $1,606 |
History based on county public records data.
Nearby schools
8
Cannon Falls Elementary School
Public District KG-5
1.3 mi
•1020 Minnesota St E
4
Randolph Elementary School
Public District PK-6
5.9 mi
•29110 Davisson Ave
7
Sibley Elementary
Public District KG-5
12.7 mi
•1400 Maple St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,208. The majority of Cannon Falls, MN residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
28%
<35k
45%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
Cadillac
What do the neighbors listen to?
New Country
Classic Country
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
#6696822, Listing office: Cannon Realty
#6753313, Listing office: RE/MAX Advantage Plus
#6739165, Listing office: WEICHERT REALTORS®-Carnel & Co.
Frequently asked questions
About 501 2nd St SW
The listing price of 501 2nd St SW property is $289,900.
The property 501 2nd St SW is a house located in Cannon Falls, Minnesota, 55009.
Active Listing: 501 2nd St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 2nd St SW are: Cannon Falls Elementary School (GreatSchools Rating 8/10), Randolph Elementary School (GreatSchools Rating 4/10), Sibley Elementary (GreatSchools Rating 7/10), Northfield Middle School (GreatSchools Rating 6/10), Boeckman Middle School (GreatSchools Rating 4/10), Dodge Middle School (GreatSchools Rating 4/10), Cannon Falls Middle / High School (GreatSchools Rating 7/10), Randolph High School (GreatSchools Rating 5/10), Northfield Area Learning Center (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $1,251 (source: MLS/based on county public records data).
The last sale was on September 5, 2018 for $185,000 (source: MLS/tax record).
The property at 501 2nd St SW has 3 bedrooms and 1 bathroom.
The property 501 2nd St SW is 1,283 SqFt (source: MLS/tax record).
The year of construction for 501 2nd St SW is 1897.
This home is located at 501 2nd St SW in Cannon Falls, MN and zip code 55009. This 1,283 square foot home was built in 1897. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $289,900.
In June 2025 more than 1 listings in Cannon Falls, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. Between May and June 2025, Cannon Falls, MN real estate market has seen increase in the number of listings by 26.3%. In June 2025 median list price was $361,375 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.