516 Mill St E, Cannon Falls, MN 55009
OFF MARKET

516 Mill St E
Cannon Falls, MN 55009

  • 3 Beds
  • 2 Baths
  • 1,687 sqft (on 0.25 acres)

$315,500

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,950/mo*
Refinance Your Home

$315,500

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,950/mo*
Refinance Your Home
3 Beds
2 Baths
1,687 sqft
(on 0.25 acres)

Home Value

Trulia Estimate
$316K
Since last month
Decreased$1K (-0.3%)
Since last year
Decreased$13K (-4.1%)
Since last sale
Decreased$10K (-2.9%)
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 +86% in the last 10 years
MonthEstimated value
2026
August 2026$316K
July 2026$317K
June 2026$319K
May 2026$317K
April 2026$319K
March 2026$330K
February 2026$336K
January 2026$336K
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
422 Mill St E, Cannon Falls, MN
0.05
Single-Family Home
$297,500
03/02/26
4
2
1,426
604 State St E, Cannon Falls, MN
0.16
Single-Family Home
$289,900
09/25/25
3
1.5
1,680
201 2nd St N, Cannon Falls, MN
0.38
Single-Family Home
$331,750
10/10/25
3
2
2,104
307 1st St N, Cannon Falls, MN
0.32
Single-Family Home
$325,000
11/24/25
4
2
2,140
215 1st St N, Cannon Falls, MN
0.31
Single-Family Home
$350,000
09/29/25
4
2
2,205
135 Grove St N, Cannon Falls, MN
0.05
Single-Family Home
$305,000
02/02/26
2
1
1,168
30420 72nd Avenue Way, Cannon Falls, MN
0.37
Single-Family Home
$497,944
11/10/25
3
2
1,514
115 2nd St S, Cannon Falls, MN
0.40
Single-Family Home
$275,000
05/04/26
2
1.5
1,949
416 3rd St N, Cannon Falls, MN
0.52
Single-Family Home
$336,500
09/02/25
3
2
1,449

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
509 Mill St E, Cannon Falls, MN 55009
0.04
$269,990
3
2
1,384
For Sale
422 Mill St E, Cannon Falls, MN 55009
0.05
$297,500
4
2
1,426
Recently Sold
421 Hoffman St E, Cannon Falls, MN 55009
0.07
$315,700
4
2
1,919
Off Market
135 Grove St N, Cannon Falls, MN 55009
0.06
$305,000
2
1
1,168
Recently Sold
513 State St E, Cannon Falls, MN 55009
0.11
$225,000
2
1
976
Recently Sold
108 Grove St N, Cannon Falls, MN 55009
0.16
$439,200
3
2
2,064
Off Market
518 State St E, Cannon Falls, MN 55009
0.15
$234,500
4
2
1,825
Off Market
604 State St E, Cannon Falls, MN 55009
0.16
$284,100
3
1.5
1,680
Off Market
315 Minnesota St E, Cannon Falls, MN 55009
0.23
$181,300
3
1
2,128
Off Market
506 Minnesota St E, Cannon Falls, MN 55009
0.22
$208,600
3
2
1,264
Off Market
301 Minnesota St E, Cannon Falls, MN 55009
0.25
$274,400
3
2
1,464
Off Market

Local Information

  • Map ViewExplore the area around 516 Mill St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1978
Lot Size
0.25 acres
Living Area
1,687 sqft
Price/Sqft
$187
Parking
2 Car Garage
HOA
None

About this House

Updates galore in this adorable split entry home. Walking in you'll immediately notice all of the natural light in this open concept living area. Relax in your huge living room, host family and friends in your dining space or cook a delicious meal in your beautiful kitchen! Brand new countertops, stainless steel appliances, updated lighting and tasteful finishes are some of the many upgrades to the living space. The main level is completed with 3 bedrooms and an updated full bathroom featuring an oversized vanity, large mirror, updated lighting and convenient laundry shoot. The lower level will not disappoint with bright family room, laundry room, additional storage area, and 3/4 bathroom, along with entry to your tuckunder 2 stall garage. The modern farmhouse touches throughout add the perfect touch of brightness and coziness! This home is situated on a large city lot with plenty of room for a future outbuilding. Evenings could be spent grilling on the upper level deck or enjoying a bonfire in the private patio area complete with privacy fence. Welcome home!
516 Mill St E, Cannon Falls, MN 55009 is a 3 bedroom, 2 bathroom, 1,687 sqft single-family home built in 1978. It last sold for the $325,000 asking price on Apr 1, 2025. It is currently off market. The Trulia Estimate is $315,500, with a rent estimate of $1,839/month.
Last check for updates: about 3 hours ago
Listed by Crystal McClure, (651) 352-8777
Real Broker, LLC
Bought with: Tracy Feran, (952) 270-8410, RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID, MLS#6628826

Home Details for 516 Mill St E

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,Walk-Out AccessNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1687 Square FeetFoundation Area: 616
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Electric Dryer Hookup,Lower Level,Laundry Room,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Ductless Mini-SplitHas HeatingHeating Fuel: Baseboard
Gas & Electric
Gas: Electric
Levels, Entrance, & Accessibility
Levels: Multi/SplitAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or Less Asphalt PitchedPatio / Porch: Deck, PatioFencing: Partial, PrivacyOther Structures: Storage Shed
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Tuckunder Garage
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer - In Street
Finished Area
Finished Area (above surface): 1162 Square FeetFinished Area (below surface): 525 Square Feet

Days on Market

Cumulative Days on Market: 52

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 521402030

Price & Status

Price
List Price: $325,000
Status Change & Dates
Off Market Date: Sun Feb 23 2025

Media

Location

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

Building

Building Area
Building Area: 1687 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10890 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6628826Above Grade Unfinished Area: 1162Activation Date: Thu Jan 02 2025

Price and Tax history

DateEventPrice
Apr 1, 2025
Source: NorthstarMLS as distributed by MLS GRID #6628826
Sold
$325,000
Feb 23, 2025
Source: NorthstarMLS as distributed by MLS GRID #6628826
Pending
$325,000
Jan 20, 2025
Source: NorthstarMLS as distributed by MLS GRID #6628826
PriceChange
$325,000
Price decreased by 4%
Jan 10, 2025
Source: NorthstarMLS as distributed by MLS GRID #6628826
PriceChange
$340,000
Price decreased by 3%
Jan 2, 2025
Source: NorthstarMLS as distributed by MLS GRID #6628826
Listed For Sale
$350,000

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

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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-20 12:38:06 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
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Frequently asked questions about 516 Mill St E

  • What is 516 Mill St E estimated to be worth?
    Trulia's estimated value for 516 Mill St E in Cannon Falls, MN is $315,500.
  • What is the price history for 516 Mill St E?
    516 Mill St E in Cannon Falls, MN last sold for $325,000 in April 2025.
  • Is Cannon Falls a buyer's or seller's market?
    Cannon Falls is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Cannon Falls?
    Residents describe Cannon Falls, MN as walkable to grocery stores, dog-friendly, and well-kept. See recently sold homes in Cannon Falls, MN.
  • Does 516 Mill St E have air conditioning?
    Yes, 516 Mill St E in Cannon Falls, MN has air conditioning.
  • Does 516 Mill St E have laundry facilities?
    Yes, 516 Mill St E in Cannon Falls, MN has in-unit laundry.

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