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Single Family ResidenceResidential
$132,996$148 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $185,000 on Aug 24, 2022

500 WATER ST E

CANNON FALLS, MN 55009
2
Beds
1
Baths
896 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1915
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$133K
$117K low$149K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$185,000 · Aug 24, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,012 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$211,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$78,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$132,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$172,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$211,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
14
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
57
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
49
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyGOODHUE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1960
Lot (acres)The size of the land the home sits on, from county records.0.19
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 384 ft²Porch · 40 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Cannon Falls Middle / High SchoolA-
Middle · Grades 6–12 · 0.3 mi
E
Cannon Falls Elementary SchoolC+
Elementary · Grades KG–5 · 0.5 mi

District: Cannon Falls Public School District

Neighborhood · ZIP 55009These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.77
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.8,229
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.65 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$92,161
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,076
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

500 Water St E measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 96% of homes in Cannon Falls 55009
  • Costs less per square foot than 77% of homes in Cannon Falls 55009
  • Smaller than 94% of homes in Cannon Falls 55009
  • Has a smaller lot than 88% of homes in Cannon Falls 55009
  • Older than 86% of homes in Cannon Falls 55009

What homes are worth in Cannon Falls 55009

Each bar is how many homes fall in that price range. The marker is this home.

This home
$112K$835K

This home is worth more than 4% of homes in Cannon Falls 55009.

How it measures up in Cannon Falls 55009

The dot is this home. The mark in the middle is the typical home in Cannon Falls 55009.

Estimated value$132,996
CheaperTypical $294,796Pricier

Pricier than 4% of homes nearby

Price per ft²$148
CheaperTypical $195Pricier

Pricier than 23% of homes nearby

Living area896 ft²
SmallerTypical 1,496 ft²Bigger

Bigger than 6% of homes nearby

Lot size0.19 ac
SmallerTypical 0.61 acBigger

Bigger than 12% of homes nearby

Year built1915
OlderTypical 1978Newer

Newer than 14% of homes nearby

How 500 Water St E ranks against every home in each area.
MeasureThis homeCannon Falls 55009Goodhue County
Estimated valuepricier than$132,9964% of homes5% of homes
Price per ft²pricier than$14823% of homes26% of homes
Living areabigger than896 ft²6% of homes7% of homes
Lot sizebigger than0.19 ac12% of homes21% of homes
Year builtnewer than191514% of homes19% of homes

About 500 Water St E

How much is 500 Water St E, Cannon Falls, MN worth?

The TopHap Estimate for 500 Water St E, Cannon Falls, MN is $132,996 as of Aug 30, 2026. The likely range is $117,308 to $148,684. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 500 Water St E, Cannon Falls, MN last sell?

500 Water St E, Cannon Falls, MN last sold on Aug 24, 2022 for $185,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 500 Water St E, Cannon Falls, MN?

500 Water St E, Cannon Falls, MN has 2 bedrooms, 1 bathrooms, 896 square feet of living space and a 0.19-acre lot.

When was 500 Water St E, Cannon Falls, MN built?

500 Water St E, Cannon Falls, MN was built in 1915, making it 111 years old. The building has 1 story.

What schools serve 500 Water St E, Cannon Falls, MN?

500 Water St E, Cannon Falls, MN is assigned to Cannon Falls Middle / High School (middle), rated A-; Cannon Falls Elementary School (elementary), rated C+. All sit in Cannon Falls Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 500 Water St E, Cannon Falls, MN compare to other homes in Cannon Falls 55009?

Among the 3,686 homes in Cannon Falls 55009, it is worth more than 4% of them ($132,996 against a typical $294,796), its price per square foot is higher than 23% of them ($148 against a typical $195), it is bigger than 6% of them (896 ft² against a typical 1,496 ft²), its lot is bigger than 12% of them (0.19 ac against a typical 0.61 ac) and it is newer than 14% of them (1915 against a typical 1978). Measured against all of Goodhue County, it is worth more than 5% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 500 Water St E, Cannon Falls, MN?

The 2026 property tax bill for 500 Water St E, Cannon Falls, MN was $2,012. The county assessed it at $211,100.

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