Active

Price cut: $24.9K (8/18)

$475,000

701 Hoffman St W, Cannon Falls, MN 55009

5beds

3,143sqft

$3,092/mo

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Single Family

Built in 1880

8,804 Square Feet Lot

$470,100 Zestimate^®

$151/sqft

$-- HOA

What's special

Beautiful original wood floorsInviting front porch swingSpacious residence

Step back in time while enjoying modern comfort in this charming 1880 four-level home located in the heart of downtown Cannon Falls. Featuring 5 bedrooms and 4 bathrooms, this spacious residence showcases beautiful original wood floors and rich woodwork that highlight its historic character. Relax on the inviting front porch swing or retreat to the private balcony off the primary bedroom, where you can enjoy views of football and baseball games at John Burch Park. With all four levels finished and fully livable, this home offers exceptional space and versatility for today's lifestyle. Numerous updates have been completed throughout the home—see the attached features and updates list for details. Outside, you'll find a detached 3-car garage, a wonderful patio area perfect for entertaining, and a location that puts you within walking distance of downtown amenities. Historic charm, modern updates, and an unbeatable location—this is a rare opportunity to own a truly special home.

82 days
395
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Bedroom

Level: Upper
Area: 168 Square Feet
Dimensions: 12 x 14

Bedroom 2

Level: Upper
Area: 100 Square Feet
Dimensions: 10 x 10

Bedroom 3

Level: Upper
Area: 100 Square Feet
Dimensions: 10 x 10

Bedroom 4

Level: Upper
Area: 187 Square Feet
Dimensions: 17 x 11

Bedroom 5

Level: Main
Area: 99 Square Feet
Dimensions: 9 x 11

Deck

Level: Upper
Area: 104 Square Feet
Dimensions: 8 x 13

Dining room

Level: Main
Area: 238 Square Feet
Dimensions: 14 x 17

Family room

Level: Lower
Area: 598 Square Feet
Dimensions: 26 x 23

Flex room

Level: Upper
Area: 408 Square Feet
Dimensions: 17 x 24

Foyer

Level: Main
Area: 55 Square Feet
Dimensions: 5 x 11

Kitchen

Level: Main
Area: 187 Square Feet
Dimensions: 11 x 17

Laundry

Level: Lower
Area: 143 Square Feet
Dimensions: 11 x 13

Living room

Level: Main
Area: 273 Square Feet
Dimensions: 13 x 21

Porch

Level: Main
Area: 240 Square Feet
Dimensions: 10 x 24

Heating

Baseboard, Hot Water

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned

Features

Basement: Finished,Full
Has fireplace: No

Interior area

Total structure area: 3,143
Total interior livable area: 3,143 sqft
Finished area above ground: 2,243
Finished area below ground: 900

Property

Parking

Total spaces: 3
Parking features: Detached Garage, Concrete, Garage Door Opener
Garage spaces: 3
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: More Than 2 Stories
Pool features: None
Fencing: None

Lot

Size: 8,804 Square Feet
Dimensions: 62 x 142
Features: Corner Lot, Tree Coverage - Medium

Details

Foundation area: 900
Parcel number: 521001460
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Roof: Age 8 Years or Less,Asphalt

Condition

New construction: No
Year built: 1880

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Cannon Falls

Financial & listing details

Price per square foot: $151/sqft
Tax assessed value: $333,000
Annual tax amount: $4,390
Date on market: 6/19/2026
Road surface type: Paved

Estimated market value

$470,100

$447,000 - $494,000

$2,745/mo

Price history

Date	Event	Price
8/18/2026	Price change	$475,000-5%$151/sqft
Source: NorthstarMLS as distributed by MLS GRID #7095982 Report a problem
7/17/2026	Price change	$499,900-4.8%$159/sqft
Source: NorthstarMLS as distributed by MLS GRID #7095982 Report a problem
6/19/2026	Listed for sale	$525,000+68.3%$167/sqft
Source: NorthstarMLS as distributed by MLS GRID #7095982 Report a problem
7/6/2006	Sold	$312,000+133.9%$99/sqft
Source: Public Record Report a problem
12/1/1999	Sold	$133,400$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,562 +15.8%	$316,420
2024	$3,940 +5.1%	$316,420 +1.5%
2023	$3,748 +10%	$311,700 +5.5%
2022	$3,406 +5.8%	$295,400 +19%
2021	$3,218 +6.4%	$248,300 +9.4%
2020	$3,024 -13.9%	$227,000 +7.9%
2019	$3,512	$210,300 +4.2%
2018	$3,512 +12.9%	$201,800 +5.7%
2017	$3,112 +35.1%	$190,900 +8.6%
2016	$2,304	$175,800 +4.2%
2015	$2,304	$168,700 +12.4%
2014	$2,304 +13.2%	$150,100 -0.1%
2013	$2,036 -9.5%	$150,300 -9%
2012	$2,250 -18.9%	$165,100 -21.2%
2011	$2,776 +1.5%	$209,400 -1.4%
2010	$2,736 -10.3%	$212,400 -9.8%
2009	$3,050 -5.4%	$235,400
2008	$3,224 +14.1%	$235,400
2007	$2,826 -1.9%	--
2006	$2,880 -6%	--
2005	$3,064 +7.6%	--
2004	$2,848 +8.8%	--
2003	$2,618 +17.4%	--
2002	$2,230 +2.6%	--
2001	$2,174	--