514 State St E, Cannon Falls, MN 55009
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NEW
COMING SOON 8/24

514 State St E
Cannon Falls, MN 55009

  • 3 Beds
  • 1.5 Baths
  • 1,354 sqft

$215,000

Est. Mortgage $1,352/mo*
Get Pre-Qualified

$215,000

Est. Mortgage $1,352/mo*
Get Pre-Qualified
3 Beds
1.5 Baths
1,354 sqft

Home Highlights

Parking
Garage
HOA
None
Price/Sqft
$159
Listed
1 day ago
Climate Control
Forced Air & Central Air

Local Information

  • Map ViewExplore the area around 514 State St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

CHARM, SPACE & OPPORTUNITY IN CANNON FALLS! This sweet and functional 1,300 finished sq. ft. home has been loved by the same owner for 21 years and offers plenty of room to make it your own and build equity along the way. Even better—the amazing unfinished upper level is ready for your ideas and offers potential for approximately 300 additional finished square feet!

The main level offers comfortable living spaces, newer appliances, a 3-season porch and ceiling fans in the living room, porch and bedroom. The walkout lower level includes an office with egress window offering potential as a 3rd bedroom, a convenient 1/2 bath in the laundry room and a new washer. A breezeway provides easy access from the walkout to the yard.

Outside, enjoy a large deck, original detached garage PLUS a newer storage/mini-garage—perfect for bikes, kayaks, outdoor gear, workshop space and more. Street and alley parking add even more convenience. Roof and mechanicals updated in 2019.

Located in charming Cannon Falls, where rivers, trails and beautiful natural surroundings make it easy to enjoy biking, hiking, kayaking, fishing and the outdoors.

Priced with room to improve, personalize and create equity—bring your ideas and make this one your own! AS-IS Addendum required with all offers.
Last check for updates: about 10 hours ago
Listing courtesy of Gwendolyn Marty, (651) 238-1886
Jason Mitchell Real Estate Minnesota
Source: NorthstarMLS as distributed by MLS GRID, MLS#7131123
Also Listed on NorthstarMLS as distributed by MLS GRID.

Home Details for 514 State St E

Active Status

MLS Status: Coming Soon

Interior Features

Interior Details
Basement: Finished,Full,Walk-Out AccessNumber of Rooms: 15Types of Rooms: Bedroom, Bedroom 2, Breezeway, Deck, Dining Room, Family Room, Foyer, Garage, Kitchen, Living Room, Office, Three Season Porch, Unfinished, Walk In Closet, Workshop
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1354 Square FeetFoundation Area: 890
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener OwnedDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (19x12)No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Gravel
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 832 Square FeetFinished Area (below surface): 522 Square Feet

Days on Market

Days on Market: 1

Property Information

Year Built
Year Built: 1926
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 521401320

Price & Status

Price
List Price: $215,000Price Per Sqft: $159

Location

Direction & Address
City: Cannon FallsCommunity: Cannon Falls City Add
School Information
High School District: Cannon Falls

Agent Information

Listing Agent
Listing ID: 7131123

Building

Building Area
Building Area: 1728 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 7840.8 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7131123Above Grade Unfinished Area: 832Activation Date: Mon Aug 24 2026

Around this home

What Locals Say about Cannon Falls

At least 9 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 89 % Say people would walk alone at night

  • 83 % Say kids play outside

  • 83 % Say it's walkable to grocery stores

  • 82 % Say it's dog friendly

  • 77 % Say yards are well-kept

  • 75 % Say parking is easy

  • 69 % Say there's holiday spirit

  • 67 % Say it's walkable to restaurants

  • 64 % Say there are community events

  • 62 % Say neighbors are friendly

  • 60 % Say there's wildlife

  • 44 % Say streets are well-lit

  • 33 % Say there are sidewalks

  • 33 % Say it's quiet

  • 27 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Rodtopp
    "I have lived here for 3 years. It is a quiet farming community. The people are friendly. It is a conservative neighborhood."
    0
    Flag
  • Rodtopp
    "There are a ton of dogs in our neighborhood. They are liked but they don’t all get along. Some people don’t pick up the poop either. There are. A lot of trails for dogs to walk on."
    0
    Flag
  • Rodtopp
    "Family oriented and Lori’s of family events all year long. Great place for families. Good tourist opportunities "
    0
    Flag
  • Rodtopp
    "Farmers market winter fireworks, tick or trick downtown. Lots Of parades, lots of local sports great bike trails "
    1
    Flag
  • Lecy k.
    "My cul du sac is very quiet and private. We have a large back yard for dog to roam. However, there are several dogs in nearby neighborhood and this might not be desirable although people seem to be quite tolerant. "
    5
    Flag
  • bas r.
    "We live here. Taxes are insane and growing. Property values are plummeting with businesses leaving .Schools are expensive day care and no hope of change. This is home as we know it but will have to move on The neighbors are a dream come true. Incredible, warm, and friendly people."
    0
    Flag

Market trends in Cannon Falls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
3MoM

Home Value

Trulia Estimate
$238K
Since last month
Increased$200 (+0.1%)
Since last year
Increased$14K (+6.2%)
Since last sale
Increased$94K (+64.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +73% in the last 10 years
MonthEstimated value
2026
August 2026$238K
July 2026$238K
June 2026$236K
May 2026$233K
April 2026$229K
March 2026$227K
February 2026$223K
January 2026$217K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
604 State St E, Cannon Falls, MN
0.06
Single-Family Home
$289,900
09/25/25
3
1.5
1,680
513 State St E, Cannon Falls, MN
0.04
Single-Family Home
$225,000
06/26/26
2
1
976
422 Mill St E, Cannon Falls, MN
0.15
Single-Family Home
$297,500
03/02/26
4
2
1,426
135 Grove St N, Cannon Falls, MN
0.19
Single-Family Home
$305,000
02/02/26
2
1
1,168
307 1st St N, Cannon Falls, MN
0.31
Single-Family Home
$325,000
11/24/25
4
2
2,140
201 2nd St N, Cannon Falls, MN
0.40
Single-Family Home
$331,750
10/10/25
3
2
2,104
215 1st St N, Cannon Falls, MN
0.33
Single-Family Home
$350,000
09/29/25
4
2
2,205
30420 72nd Avenue Way, Cannon Falls, MN
0.42
Single-Family Home
$497,944
11/10/25
3
2
1,514
107 Mill St W, Cannon Falls, MN
0.39
Single-Family Home
$290,000
10/10/25
2
2
1,446

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
513 State St E, Cannon Falls, MN 55009
0.04
$225,000
2
1
976
Recently Sold
518 State St E, Cannon Falls, MN 55009
0.01
$234,500
4
2
1,825
Off Market
604 State St E, Cannon Falls, MN 55009
0.06
$284,100
3
1.5
1,680
Off Market
506 Minnesota St E, Cannon Falls, MN 55009
0.07
$210,500
3
2
1,264
Off Market
421 Hoffman St E, Cannon Falls, MN 55009
0.12
$315,700
4
2
1,919
Off Market
422 Mill St E, Cannon Falls, MN 55009
0.15
$297,500
4
2
1,426
Recently Sold
516 Mill St E, Cannon Falls, MN 55009
0.15
$315,500
3
2
1,687
Off Market
315 Minnesota St E, Cannon Falls, MN 55009
0.15
$183,200
3
1
2,128
Off Market
509 Mill St E, Cannon Falls, MN 55009
0.18
$269,990
3
2
1,384
For Sale
301 Minnesota St E, Cannon Falls, MN 55009
0.17
$274,400
3
2
1,464
Off Market
135 Grove St N, Cannon Falls, MN 55009
0.19
$305,000
2
1
1,168
Recently Sold

Price and Tax history

DateEventPrice
May 24, 2016
Source: Agent Provided
ListingRemoved
$140,000
May 13, 2016
Source: Agent Provided
Listed For Sale
$140,000
Jun 1, 2005
Source: N/A
Sold
$144,500

LGBTQ Local Legal Protections

Gwendolyn Marty, Jason Mitchell Real Estate Minnesota
Agent Phone: (651) 238-1886
Based on information submitted to the MLS GRID as of 2026-08-22 01:03:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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Frequently asked questions about 514 State St E

  • What is the estimated monthly payment for 514 State St E?
    Based on a $215,000 list price with 20% down at today's rates, the estimated monthly payment for 514 State St E in Cannon Falls, MN is approximately $1,381 (about $1,129 principal & interest, $177 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Cannon Falls?
    Residents describe Cannon Falls, MN as walkable to grocery stores, dog-friendly, and well-kept. See homes for sale in Cannon Falls, MN.
  • What are the closest schools to 514 State St E?
    The closest schools to 514 State St E in Cannon Falls, MN are Cannon Falls Elementary School (Pre-K, rated 5/10), Cannon Falls Secondary (Middle/High, rated 8/10).
  • What is 514 State St E estimated to be worth?
    Trulia's estimated value for 514 State St E in Cannon Falls, MN is $238,400.
  • Does 514 State St E have air conditioning?
    Yes, 514 State St E in Cannon Falls, MN has air conditioning.
  • Does 514 State St E have laundry facilities?
    Yes, 514 State St E in Cannon Falls, MN has in-unit laundry.
514 State St E, Cannon Falls, MN 55009 is a 3 bedroom, 2 bathroom, 1,354 sqft single-family home built in 1926. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Aug 20, 2026. The MLS # for this home is MLS# 7131123.