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Single Family ResidenceResidential
$250,680$255 / 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 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $75,225 on May 1, 1997

506 2ND ST SW

CANNON FALLS, MN 55009
2
Beds
1
Baths
984 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.
0.41 ac
Lot SizeThe size of the land the home sits on, from county records.
1936
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$251K
$246K low$255K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$75,225 · May 1, 1997

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,856 (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.$263,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$96,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$166,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$229,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$263,100

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.48
57
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
20
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.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.20 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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
Lot (acres)The size of the land the home sits on, from county records.0.41
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
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
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.Deck · 300 ft²Patio · 120 ft²Porch · 84 ft²

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 SchoolB+
Middle · Grades 6–12 · 1.1 mi
E
Cannon Falls Elementary SchoolB
Elementary · Grades KG–5 · 1.3 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

506 2nd St Sw 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 80% of homes in Cannon Falls 55009
  • Costs more per square foot than 76% of homes in Goodhue County
  • Smaller than 89% of homes in Cannon Falls 55009
  • Older than 81% 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
$125K$853K

This home is worth more than 20% 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$250,680
CheaperTypical $341,905Pricier

Pricier than 20% of homes nearby

Price per ft²$255
CheaperTypical $235Pricier

Pricier than 61% of homes nearby

Living area984 ft²
SmallerTypical 1,486 ft²Bigger

Bigger than 11% of homes nearby

Lot size0.41 ac
SmallerTypical 0.6 acBigger

Bigger than 42% of homes nearby

Year built1936
OlderTypical 1978Newer

Newer than 19% of homes nearby

How 506 2nd St Sw ranks against every home in each area.
MeasureThis homeCannon Falls 55009Goodhue County
Estimated valuepricier than$250,68020% of homes37% of homes
Price per ft²pricier than$25561% of homes76% of homes
Living areabigger than984 ft²11% of homes12% of homes
Lot sizebigger than0.41 ac42% of homes55% of homes
Year builtnewer than193619% of homes26% of homes

About 506 2nd St Sw

How much is 506 2nd St Sw, Cannon Falls, MN worth?

The TopHap Estimate for 506 2nd St Sw, Cannon Falls, MN is $250,680 as of Oct 21, 2026. The likely range is $246,279 to $255,081. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 2nd St Sw, Cannon Falls, MN last sell?

506 2nd St Sw, Cannon Falls, MN last sold on May 1, 1997 for $75,225, according to the county's recorded deed.

How big is 506 2nd St Sw, Cannon Falls, MN?

506 2nd St Sw, Cannon Falls, MN has 2 bedrooms, 1 bathrooms, 984 square feet of living space and a 0.41-acre lot.

When was 506 2nd St Sw, Cannon Falls, MN built?

506 2nd St Sw, Cannon Falls, MN was built in 1936, making it 90 years old. The building has 1 story.

What schools serve 506 2nd St Sw, Cannon Falls, MN?

506 2nd St Sw, Cannon Falls, MN is assigned to Cannon Falls Middle / High School (middle), rated B+; Cannon Falls Elementary School (elementary), rated B. All sit in Cannon Falls Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 2nd St Sw, Cannon Falls, MN compare to other homes in Cannon Falls 55009?

Among the 3,693 homes in Cannon Falls 55009, it is worth more than 20% of them ($250,680 against a typical $341,905), its price per square foot is higher than 61% of them ($255 against a typical $235), it is bigger than 11% of them (984 ft² against a typical 1,486 ft²), its lot is bigger than 42% of them (0.41 ac against a typical 0.6 ac) and it is newer than 19% of them (1936 against a typical 1978). Measured against all of Goodhue County, it is worth more than 37% 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 506 2nd St Sw, Cannon Falls, MN?

The 2026 property tax bill for 506 2nd St Sw, Cannon Falls, MN was $2,856. The county assessed it at $263,100.

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