Active

$339,000

424 Water St E, Cannon Falls, MN 55009

3beds

2,174sqft

$2,320/mo

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Single Family

Built in 1885

8,276 Square Feet Lot

$331,400 Zestimate^®

$156/sqft

$-- HOA

What's special

Updated 3-bedroom, 2-bath home featuring a newer roof, appliances, siding, and flooring. Perfectly situated in a prime location just blocks from local schools (4 blocks), the Cannon Valley Bike Trail (2 blocks), and a neighborhood park (1 block). Enjoy a spacious, private backyard ideal for relaxing or entertaining. The lower-level unit includes a separate entry and flexibility to serve as a rental or mother-in-law suite.

5 days
385
19

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
3/4 bathrooms: 2

Bedroom

Level: Main
Area: 99 Square Feet
Dimensions: 11x9

Bedroom 2

Level: Main
Area: 190 Square Feet
Dimensions: 10x19

Bedroom 3

Level: Lower
Area: 120 Square Feet
Dimensions: 10x12

Kitchen

Level: Main
Area: 288 Square Feet
Dimensions: 12x24

Kitchen

Level: Lower
Area: 128 Square Feet
Dimensions: 16x8

Laundry

Level: Main
Area: 90 Square Feet
Dimensions: 9x10

Living room

Level: Lower
Area: 180 Square Feet
Dimensions: 9x20

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
Laundry: Laundry Room, Main Level

Features

Basement: Block,Daylight,Egress Window(s),Finished,Tile Shower
Has fireplace: No

Interior area

Total structure area: 2,264
Total interior livable area: 2,174 sqft
Finished area above ground: 1,318
Finished area below ground: 856

Property

Parking

Total spaces: 2
Parking features: Detached Garage, Asphalt, Garage Door Opener
Garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 8,276 Square Feet
Dimensions: 142 x 60
Features: Corner Lot

Details

Additional structures: Garage(s), Storage Shed
Foundation area: 1182
Parcel number: 521400420
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block
Roof: Age 8 Years or Less

Condition

New construction: No
Year built: 1885

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Cannon Falls City Add

HOA

Has HOA: No

Location

Region: Cannon Falls

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $264,300
Annual tax amount: $2,868
Date on market: 10/14/2026
Road surface type: Paved

Estimated market value

$331,400

$315,000 - $348,000

$1,927/mo

Price history

Date	Event	Price
10/14/2026	Listed for sale	$339,000$156/sqft
Source: NorthstarMLS as distributed by MLS GRID #7159636 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$2,868 +8.1%	$241,537 +18.2%
2025	$2,652 +4.9%	$204,368
2024	$2,528 +7.1%	$204,368 -3.2%
2023	$2,360 +6.1%	$211,100 +6.9%
2022	$2,224 +9.9%	$197,500 +16.7%
2021	$2,024 +4.4%	$169,200 +9.8%
2020	$1,938	$154,100 +5.8%
2019	$1,938	$145,700 +5.8%
2018	$1,938 +18%	$137,700 +5.4%
2017	$1,642 +12%	$130,700 +6.9%
2016	$1,466	$122,300 +3.6%
2015	$1,466	$118,100 +10.9%
2014	$1,466 +3.4%	$106,500 -6.8%
2013	$1,418 -11.7%	$114,300 -9.9%
2012	$1,606 -6.3%	$126,800 -11%
2011	$1,714 +7.7%	$142,400 +0.6%
2010	$1,592 -7.9%	$141,500 -6.7%
2009	$1,728 -3.6%	$151,600 +1.9%
2008	$1,792 +24.8%	$148,800
2007	$1,436 +4.8%	--
2006	$1,370 +12.9%	--
2005	$1,214 +8.2%	--
2004	$1,122 -5.1%	--
2003	$1,182 +5.3%	--
2002	$1,122 +20.4%	--
2001	$932	--