$365,000

5074 Cannon Lake Trl Faribault, MN 55021

$4,334
Closing credit¹
1 bed
1 full
1,144 sqft
$319 / sqft
House

Property details

About 5074 Cannon Lake Trl

Location combined with tranquility. This peaceful cabin is located less than an hour from the Twin Cities. The property features 74ft of lakeshore perfect for swimming, fishing, and boating. You will also enjoy the large deck with a great view as well as the finished guest space above the garage.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingWall Unit(s)
Size1,144 sqft
Year built1970
ParkingDetached
MLS #6706456
Garage2 spaces
WaterfrontLake Front

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Basement: No
  • Total Bedroom Count: 1
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached
  • Waterfront: Lake Front
  • Heating: Forced Air
  • Cooling: Wall Unit(s)
  • List Price: $365,000
  • Price/SqFt: $319
  • Annual Tax Amount: $1,484
  • Tax Year: 2024
  • Directions: 35W SW #60 To County Rd 12, Cross bridge on L on County Rd 13
  • Year Built: 1970
  • Living Area: 1,144 SqFt
  • MLS Number: 6706456
  • MLS Name: NORTHSTAR
  • Office Name: BRIX Real Estate

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Last updated on: 5/2/2025, 8:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of house with a yard, a wooden deck, a hot tub, and stairway

$365,000

5074 Cannon Lake Trl

$4,334

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$239,200$1,484
2023$239,200$1,332
2022$203,400$1,348
2021$184,000$1,332
2019$167,200$1,232
2018$150,200$1,152
2017$139,700$1,108

History based on county public records data.

Nearby schools

3

Jefferson Elementary School

Public District KG-5

4.0 mi

922 Home Pl

5

Lincoln Elementary School

Public District KG-5

4.2 mi

510 Lincoln Ave NW

6

Morristown Elementary School

Public District 5-6

5.0 mi

23 Ann St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $75,000. Typical income of Faribault, MN residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
54%
35k-100k
27%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
7%
Single, with Kids
46%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
49%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 5074 Cannon Lake Trl

The listing price of 5074 Cannon Lake Trl property is $365,000.

The property 5074 Cannon Lake Trl is a house located in Faribault, Minnesota, 55021.

Active Listing: 5074 Cannon Lake Trl is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5074 Cannon Lake Trl are: Jefferson Elementary School (GreatSchools Rating 3/10), Lincoln Elementary School (GreatSchools Rating 5/10), Morristown Elementary School (GreatSchools Rating 6/10), Faribault Middle School (GreatSchools Rating 2/10), Waterville - Elysian - Morristown Junior High School (GreatSchools Rating 6/10), Cannon River STEM School (GreatSchools Rating 4/10), Faribault High School (GreatSchools Rating 4/10), Faribault Area Learning Center (GreatSchools Rating 2/10), Medford Secondary School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $1,484 (source: MLS/based on county public records data).

The property at 5074 Cannon Lake Trl has 1 bedroom and 1 bathroom.

The property 5074 Cannon Lake Trl is 1,144 SqFt (source: MLS/tax record).

The year of construction for 5074 Cannon Lake Trl is 1970.

This home is located at 5074 Cannon Lake Trl in Faribault, MN and zip code 55021. This 1,144 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 20, 2025 and is currently priced at $365,000.

Faribault, MN housing market in April 2025 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 10 sold below. The number of homes for sale in Faribault, MN increased by 37.8% between March and April 2025. In April 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $320,000.

From Rocket Homes Real Estate and based on county public records data.

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